Tag: Commercial Insurance

What are the real estate coverage risks for cannabis entities?

When it comes to statistics concerning marijuana use and sales, the numbers show just how mainstream cannabis has become. An estimated 12% of Americans actively use some form of cannabis and total…

Learning to live with fire: Takeaways from UN’s wildfire report

The number of wildfires is projected to increase up to 14% worldwide by the end of this decade and continue to grow steadily over subsequent decades; up to 30% by 2050 and…

The home-based business boom has an underinsurance problem

Whether it was a side hustle turned full-time, a desire to be their own boss or the need to follow their true passion, in recent years many Americans have started a home-based…

Lessons from the pandemic for event cancellation coverages

The Coachella Music Festival in California and Glastonbury Festival in the U.K. were canceled out of precautions related to the ongoing global pandemic. And then, the Tokyo Summer Olympics saw significant disruption,…

The final frontier: Risk management for space innovations

Last year, as we on Earth grappled with the effects of a global pandemic, there was no pause in the number of satellites being launched into space. Indeed, the volume of launches…

Commercial Insurance Prices Hit Highest Average Increase Since 2003

U.S. commercial insurance price increases hit their highest level since 2003 in the fourth quarter of 2020, with the average across all lines up over 10%, according to Willis Towers Watson’s Commercial…

The Pandemic is a Hacker’s Paradise, According to the Data

Regular listeners of Advisen’s Quarterly Cyber Risk Trends webinar series get to see our cyber loss data in action. With cyber risk a key focus during the COVID-19 pandemic and a widespread…