business
July 31, 2025
The Importance of Private Company D&O Insurance
Directors and officers liability (D&O) insurance protects the personal assets of business leaders and is a crucial component of a comprehensive insurance portfolio. Although there is a common misconception that D&O insurance is only needed for publicly traded companies, directors and officers of privately held companies could also face D&O claims from multiple parties. Considering...
July 29, 2025
OSHA Renews NEP on Preventing Amputations
On June 26, 2025, OSHA announced the renewal of its National Emphasis Program (NEP) aimed at reducing amputations in the manufacturing sector. The updated program took effect on June 27, 2025, and is scheduled to remain in place until June 27, 2030.OSHA’s enforcement data shows that employees working on or around machinery or equipment frequently...
May 28, 2025
Severe Convective Storm Losses for 2025 Already Exceed $20 Billion
Insured losses from the severe convective storms (SCS) that occurred between May 14–17, 2025, are estimated to range from $4 billion to $7 billion. According to recent estimates from reinsurance brokers, these storms are likely to rank among the costliest SCS events in U.S. history. “Two large severe weather outbreaks on May 14-17 and May...
May 27, 2025
Business Continuity Planning Benefits
Unexpected disasters can impact organizations, their operations and stakeholders. Natural catastrophes, cyberattacks, public health crises and supply chain incidents can all have serious consequences. These and other events can damage commercial property and digital assets, disrupt critical business functions and cause operational downtime. They can also result in illnesses or injuries, emotional harm, and financial...
May 20, 2025
Supporting Employees During Mental Health Awareness Month and Beyond
Employee mental health has become a workplace topic of increased focus and awareness in recent years. An employee’s mental health includes how they think, feel and act, and their emotional and social well-being. While mental health includes mental illness, these two concepts aren’t interchangeable. For example, an employee can go through a period of poor...
May 15, 2025
Workers’ Comp Strong In 2024 But Susceptible to Economic Shocks
The U.S. workers’ compensation market had another strong year, posting a combined ratio of 86% for 2024 for an 11th consecutive year of underwriting profitability, according to the National Council on Compensation Insurance’s (NCCI) annual State of the Line report. “The workers’ compensation system continues an era of exceptional performance with strong results and a...
May 6, 2025
Hurricane Preparedness Week 2025: Protecting Your Commercial Property from Storm-Related Risks
As we observe Hurricane Preparedness Week 2025, it’s a critical time for property managers and commercial real estate stakeholders to reassess their readiness for hurricane season. The increased intensity and unpredictability of recent storms have heightened the urgency to develop comprehensive risk management strategies that safeguard people, property, and profits. The Growing Threat of Hurricanes to...
April 24, 2025
Understanding and Mitigating Nonprofit D&O Risks
Nonprofit organizations can benefit their communities in many ways, often providing a range of valuable services and other charitable contributions to people in need. As the leaders of these organizations, board members are responsible for maintaining successful operations and ensuring their nonprofits accomplish key initiatives. While this can be fulfilling work, it also carries some...
April 15, 2025
Mitigating VPN Vulnerabilities
A virtual private network (VPN) is a type of technology that uses an encrypted connection to route internet traffic through a remote server, granting a user access to certain digital services while masking their online activity. Connecting to a VPN establishes a safe tunnel between a user’s device and the internet, making it seem as...