Tag: Business Insurance

—

by

There is a direct correlation between employee well-being and workplace safety. Healthier employees tend to be safer, leading to fewer on-the-job accidents. However, the presence of chronic and often co-morbid conditions, such as diabetes, obesity, arthritis, asthma, hypertension, depression, and anxiety, can impact employees’ ability to perform their jobs safely and add significant complexity to…

How AI Is Helping Protect Environmental Risk

—

by

Environmental risks are uniquely complex. From remediation to brownfield development, underground storage tanks, and indoor air quality claims, no two projects—or policies—are the same. Whether you’re a contractor working with hazardous materials, a developer investing in contaminated land, or a company acquiring a business with legacy exposure, an insurance program must respond to specific, high-consequence…

Nuclear Verdicts Have Changed the Legal Landscape – What Fleets Must Do Differently

—

by

For years, nuclear verdicts — jury awards exceeding $10 million — have loomed large over the transportation industry. Once considered outliers, these catastrophic losses are now an entrenched part of the legal landscape. What began as merely emotionally charged jury decisions has morphed into a sophisticated legal strategy, engineered by plaintiff attorneys who treat litigation…

Understanding Indemnification Language When Using Standard Industry Forms

—

by

For contractors entering into agreements, it is crucial to understand the contractual language that applies to the Indemnification language, in particular, can often be ambiguous. And that can leave contractors vulnerable to losses resulting from a subcontractor’s work that damages a project. Many contractors use standard AIA contracts, but we must be aware that these…

Consider a Single Parent Captive in a Soft Insurance Market

—

by

The insurance market began to show signs of softening in 2024 and has continued to do so into 2025. We are experiencing decelerating rate increases for Property insurance, and Workers’ Compensation has continued to remain favorable for buyers. While Umbrella and Auto Liability remain challenging in some segments, the broader trend is one of selective…

The Vital Role of Occupational Health Nurses in the Workplace

—

by

When we think of nurses, we often envision compassionate caregivers in hospitals. However, this image overlooks a crucial segment of nursing professionals known as Occupational Health Nurses (OHNs). These registered nurses help prevent and manage work-related injuries and illnesses and play a vital role in promoting employee health and safety across the workplace. According…

Claim Cost Containment

—

by

in Success Stories

Business Issue A McGriff client and several of their officers and directors were sued in a shareholder derivative action. The suit claimed decisions were made that negatively impacted the shareholders. Accepting the claim, the carrier reached a settlement with all parties. Part of the settlement required our client to pay the shareholders’ attorney fees in…

The Risk of EVs in the Auto Service Industry

—

by

Electric Vehicles (EVs) pose hazards and safety challenges for the auto service industry. When considering the risks associated with servicing EVs, we should look at the standards and hazards for employee safety, fire protection, garage liability, and overall property loss. EVs are likely here to stay. Under former President Biden, the federal government set…

AI in Fleet Risk — Beyond the Hype

—

by

Artificial intelligence is everywhere — in software, underwriting models, maintenance diagnostics, and even recruiting. But for transportation companies, the question isn’t whether or not to use AI, but rather how to use it in a way that reduces risk, enhances safety outcomes, and boosts operational efficiency. Right now, too many fleets are chasing shiny…

Insights into Business and Personal Insurance for Wildfire Risks

—

by