Category: Property & Casualty

The Future World of Work

The COVID-19 pandemic has spurred many changes in how people work across organizations and industries. Some of these changes (e.g., limited social gatherings, mandatory face coverings) are likely to be temporary. Others,…

‘Extreme’ Cyber Events Impact Organizations Differently – Incident Response Matters

The median loss for “extreme” cyber events is $47 million, with one in four events reaching over $100 million, but new research from Cyentia revealed that organizations can experience very different impacts…

Unemployment and Infectious Disease Worry Global Execs Most, but Climate Risks are on the Rise

Business leaders around the world rate unemployment as the most concerning risk followed by infectious diseases, fiscal crisis and cyberattacks, but climate risks are on the rise, according to a new report…

Winter is Coming. So Is an Increase in Slips and Falls

Year after year, slips, trips, and falls remain the number-one insurance claim for property owners. More than three million people visit the emergency room each year because of falls, according to the…

Brokers Report Largest Average Premium Increases Since 9/11

By Erin Ayers, Advisen A hard market is now in full swing for the property-casualty commercial insurance market, with average price increases across all account sizes and lines of business coming in…

Hourly Threshold Proposed For Gig Workers

As New York lawmakers prepare legislation to regulate the state’s gig economy, one app company has pitched reclassifying workers who put in at least 25 hours a week as full-time employees. Workers…

Is It Time to Review Your Insurance?

As a business owner, you turn to insurance to help you identify and address the unique threats to your goods, property, customers and bottom line. However, many wrongfully assume that once they’ve…

Businesses Learn Hard Lessons When Not Prepared for Disaster

NEW YORK – When Hurricane Irma hit Puerto Rico in September 2017, Carlos Melendez couldn’t contact the staffers or customers of his San Juan-based technology firm, Wovenware. Melendez learned a lesson that…

Coverage Insights – Seven Insurance Policies for Small Businesses

With so many different types of insurance to choose from, it can be overwhelming to determine what type is best for your small business. Bender Insurance Solutions is here to help explain…

Employment Practices Liability Insurance: Crucial for Small Businesses

According to a recent study, more than half of all claims filed for employment-related liabilities are against employers with fewer than 50 employees. Alarmingly, the study also reveals that not even 2…