Winter weather is unpredictable and can have a significant impact on your business. While maintaining business operations is always at the forefront of your mind, it is important to consider employee safety as well. You should have policies and procedures in place before bad weather hits so your company and employees are as prepared as possible. [Read more…]
2023 Commercial Property Insurance Market Outlook
The past five years have seen the commercial property insurance market progressively harden, evidenced by consistent rate increases since 2017. However, according to industry data, such rate jumps showed some signs of stagnation in early 2022, with average increases staying within single digits. Going into 2023, rates are still on the rise. [Read more…]
Recession-proofing Strategies for Small Businesses and HR Teams
A recession is a prolonged and pervasive reduction in economic activity that can last for several months or years. Amid a recession, organizations of all sizes and sectors usually experience decreased sales and profits stemming from changing economic environments and consumer behaviors. [Read more…]
Navigating an Auto Claim
Getting into an automobile accident is scary enough without the added stress of being unsure how to handle the situation. [Read more…]
Electric Vehicles Present New Insurance Challenges
Electric vehicles (EVs) continue to gain traction in the U.S. auto market. Last year, Americans bought nearly 450,000 EVs—an 83% jump over 2020. With many federal and state governments pushing for lower CO2 roadway emissions, EV demand is expected to soar during the next decade. [Read more…]
Preventing Holiday Burnout
According to Microsoft research, nearly half of employees have reported that they are burnt out at work. The World Health Organization defines burnout as a syndrome resulting from workplace stress that has not been adequately managed. Everyday life is hectic enough without the added stress of the holidays. The season’s challenges include attending celebrations, coordinating gift-giving, planning finances and balancing various family obligations. It’s no wonder that burnout can feel unbearable during this time of the year.
Even though levels of burnout are high, there are ways to help avoid burnout and manage it so you can enjoy your holiday season. This article highlights tips to help prevent burnout during the 2022 holiday season. [Read more…]
Drive Safe on Slick Winter Roads
Winter weather can present many driving headaches for drivers, slick roadways being one of them. Most skids can be prevented by simply adjusting driving to the conditions and remembering how to recover if you should come in contact with a slick surface. Consider the following tips to avoid a dangerous accident when roads are slick. [Read more…]
How Businesses Can Protect Against Smishing
Most businesses and individuals are familiar with phishing, which entails cybercriminals leveraging fraudulent emails to manipulate recipients into sharing sensitive information, clicking malicious links or opening harmful attachments. While these scams remain a pressing concern, a new form of phishing—known as smishing—has emerged over the years. [Read more…]
6 Tips for Adding a Teen to Your Auto Policy
If your teen is approaching driving age, it may be time to start thinking about adding them to your auto insurance policy. Although this will likely increase your insurance premiums, it is typically cheaper than having your teen purchase an auto policy in their own name. Here are six tips to consider when adding a teen to your auto insurance policy. [Read more…]
General Cybersecurity Best Practices for Modern Vehicles
Modern vehicle technology has transformed in the past several years as autonomous driving, vehicle electrification and car connectivity features have become more common. While these digital innovations in the automotive industry have added significant customer value, they have also exposed vehicles to cybercriminals attempting to gain access to critical in-vehicle electronic units and data. This article discusses cybersecurity threats modern vehicles face, the importance of the automotive industry providing protections against those risks and best practices for minimizing cybersecurity threats. [Read more…]