When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more…
The U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI) rose 2.8% year over year in February, decelerating from 3% in January. This figure marked the…
A new report released by multinational data analytics company Verisk revealed that a record-setting 3,625 cargo theft incidents occurred across North America in 2024, reaching nearly $455 million in valued…
Commercial property and casualty insurance prices rose an average of 5.4% across all lines in the fourth quarter of 2024, with some premium relief in most lines other than commercial…
While spring is often associated with fresh blooms and warmer temperatures, it may also bring rain showers. This type of weather can create wet and slippery conditions, posing various safety…
A building’s frame is an integral component of structural integrity. While several techniques exist for frame construction, under ISO Construction Class 1, frame construction refers to buildings with combustible exterior…
The Occupational Safety and Health Administration (OSHA) requires employers subject to its recordkeeping requirements to post copies of their OSHA Form 300A between Feb. 1 and April 30 of each…
With years of double-digit rate increases now in the past for many buyers, the U.S. commercial property market has improved and shows signs of stability even amid obstacles, according to…
On Dec. 23, 2024, President Joe Biden signed two bills into law that will streamline the Affordable Care Act’s (ACA) reporting requirements under Internal Revenue Code Sections 6055 or 6056. Under…
Devastating wildfires near Los Angeles have burned nearly 30,000 acres and forced the evacuation of over 100,000 residents, with early estimates predicting economic losses exceeding $50 billion and insured losses…