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There's a LOT to know about insurance. So, whether you've got a specific question or just want the 411 on what we do, click around on the articles below.
Endpoint Detection and Response Explained
Endpoint detection and response (EDR) is a cybersecurity solution that continuously monitors security-related threat information and endpoint data to detect and respond to ransomware and other kinds of malware. It provides visibility into security incidents occurring on endpoints—such as mobile devices, desktop computers, laptops, embedded devices and servers—to prevent damage and future attacks.
Personal Lines Insights | November 2022
Exercise is a great way to combat stress, maintain a healthy weight and boost your energy. But attempting to do too much too quickly can cause injuries. To keep your workouts injury-free, be sure to add warming up, cooling down and stretching to your exercise routine.
Safety Focus | November 2022
Caught-in or -between hazards may cause injuries if a person is squeezed, caught, crushed, pinched or compressed between two or more objects, or between parts of an object. Such accidents can occur in any industry.
Commercial Risk Advisor | November 2022
Over the past decade, many states have been moving toward the legalization of both recreational and medical marijuana. The changes in legislation have posed a range of difficulties for employers, forcing many to reevaluate existing workplace drug policies and procedures.
Construction Risk Advisor | November 2022
Carbon monoxide (CO) is a poisonous gas that lacks a detectable color, taste or odor. Breathing in this invisible gas can displace the oxygen in a person’s blood, as well as deprive their vital organs of oxygen. In large amounts, CO can affect an exposed individual within minutes, ultimately causing them to lose consciousness and suffocate.
Early Estimates Show Increase in Traffic Fatalities for 2022
The National Highway Traffic Safety Administration (NHTSA) released its early estimates of traffic fatalities for the first half of 2022. The report found that an estimated 20,175 people have died in motor vehicle traffic crashes, the highest number of deaths during the first half of the year since 2006. This number is also up a marginal 0.5% from the 20,070 projected fatalities for the first half of 2021.
Hurricane Cleanup and Recovery Tips
Recovering a commercial business in the aftermath of a hurricane can be challenging. According to the Federal Emergency Management Agency (FEMA), more than 40% of businesses don’t reopen after a disaster.
New Login Procedures for OSHA’s Injury Tracking Application
OSHA recently announced new login procedures for its injury tracking application (ITA). The OSHA ITA has transitioned its login procedure to the public’s one account access to government applications, Login.gov. The new login procedures are already in effect.
How Small Businesses Can Prepare for a Recession
A recession is a prolonged and pervasive reduction in economic activity. Generally speaking, multiple successive quarters of negative growth in gross domestic product—a monetary calculation of the market value of goods and services generated and sold during a set time period within a given country—constitute a recession. A recession can last for several months or years. Furthermore, recovering from this state to the nation’s previous economic peak can take years, even after a recession ends.
How to Prevent Catalytic Converter Theft
A catalytic converter is a device found in vehicles’ exhaust systems that converts environmentally hazardous exhaust into less harmful gasses. Though catalytic converters have been installed in every new vehicle since 1975, theft of these devices has skyrocketed in recent years due to the highly valuable precious metals they contain.
Home Insurance Claim Frequency Down in 2021, but Severity Up
Home insurance loss costs and frequency across all perils fell in 2021 from the year prior, but severity increased by 7%, according to the 2022 LexisNexis U.S. Home Trends Report. LexisNexis noted that insurance professionals should not be deceived by the one-year dip. The report, which analyzes data spanning seven years, shows a steady increase over time.
Ransomware, BEC Caused Half of All Claims in 2020, 2021
Ransomware and business email compromise (BEC) caused the most cyber insurance claims over the past five years, accounting for 44% of about 7,000 claims examined in NetDiligence’s 2022 Cyber Claims Study. The percentage of claims attributed to these two causes of loss rose to 50% for claims reported in 2020 and 2021.
Low Flood Insurance Take-up Rates in Path of Hurricane Ian
Just 19% of households in the Florida communities hardest hit by Hurricane Ian had flood insurance policies through the National Flood Insurance Program (NFIP), according to federal data. The Category 4 hurricane made landfall on Florida’s Gulf coast on Sept. 28, with wind speeds of up to 155 mph and a storm surge of at least 12 feet.
Understanding FEMA Aid Following Hurricane Ian
In the aftermath of Hurricane Ian, the Federal Emergency Management Agency (FEMA) is working to help residents and families throughout much of Florida, North Carolina and South Carolina recover from the storm. Government officials have allocated over $190 million in federal disaster assistance to help the more than 127,000 households damaged by Hurricane Ian.
Signs of Trouble Seen for U.S. Commercial Auto Insurance Market
Despite having cause for optimism in 2021, the U.S. commercial auto insurance market shows signs of falling behind again in 2022 as losses increase, according to a new segment report from AM Best. The sector had its best year in a decade in 2021, with a combined ratio under 100, a small net underwriting loss and strong premium growth, the company noted.
OSHA Announces Preliminary Top 10 Violations for Fiscal Year 2022
OSHA announced its preliminary list of the top 10 most frequently cited workplace safety standards for fiscal year 2022. Since OSHA’s fiscal year doesn’t end until Sept. 30—and this list was published prior to this date—the final results won’t be announced until the beginning of 2023. However, this preliminary list indicates the most violated safety standards for fiscal year 2022.
Personal Lines Insights | October 2022
Although it can be a difficult topic to broach, it’s important to talk to your teenager about drug and alcohol use. By establishing open communication in your household, you can help your child make wise decisions when confronted with these temptations.
General Liability Exposures Every Organization Should Know
Almost every organization faces commercial liability exposures. A commercial liability loss exposure is a condition or situation that presents the possibility of an organization becoming legally and financially responsible for injury, harm or damage to another party.
Hurricane Ian’s Insured Losses Estimated at Up to $63 Billion
The fallout from Hurricane Ian includes insured losses anywhere from $28 billion to $63 billion and lasting effects on insurance, infrastructure and real estate, according to estimates and commentary from catastrophe modeling firms.
Protecting Workers From Concrete Hazards
Concrete is a common material utilized across many construction sites, particularly as it pertains to foundation work. With this in mind, concrete hazards are a key concern within the sector. Such hazards may include respiratory issues caused by concrete dust, slips and falls on wet concrete, skin and eye irritation due to concrete spills or splashes, and struck-by injuries stemming from shifting or tipping concrete slabs—many of which can weigh greater than 800 pounds.