Insurance Tips and Guides

Premium renewal rates were up again in fourth-quarter 2024 but continue to trend lower for most commercial lines products. Premiums increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the …

By L.S. Howard Businesses are now required to implement robust workplace violence prevention plans in Californiaounder a new law that became effective in July 2024. But risk management experts warn that compliance needs to be more than a check-the-box exercise …

Worker misclassification in Maryland is widespread, leaving thousands of workers without injury protection and depriving insurance companies of more than $58 million in workers’ compensation premiums each year, according to a report from a state task force. Maryland’s Joint Enforcement …

The New York State Department of Financial Services in February issued more than $20 million in fines against three dozen auto insurers – for failing to timely report new and terminated auto insurance policies. But insurance companies and advocacy groups …

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Hastings Insurance Company based …

A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison for starting dozens of arson fires in Wayne National Forest. James A. Bartels, 52, of Rio Grande, Ohio, started 26 …

A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover lawn was destroyed by a man spraying herbicide — at the wrong address. Marilyn Mack reported depression, anxiety and random …

Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk, spending, and solutions varies widely. According to Nationwideis latest risk management survey, mid-market business owners are most concerned about economic and financial …

March 8— Multiple brush fires burned in Long Island State Pine Barrens Reserve, a wooded area near bedroom communities outside New York City, prompting Governor Kathy Hochul to declare a state of emergency. The fires in the 105,000-acre preserve in …

Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the City of Los Angeles and the Los Angeles Department of Water and Power, alleging the entities failed to maintain an …