article thumbnail

Renewal Rates Up YOY for All Commercial Lines Except Workers Comp: Ivans

Insurance Journal

Premium renewal rates increased year over year for all major commercial lines, except workers’ compensation, according to the January 2025 results of the Ivans Index. Month over month, commercial auto, business owners policy (BOP), and commercial property experienced decreases in …

article thumbnail

Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

If customers, vendors, or visitors will be on-site, this policy is essential. Workers Compensation Insurance to cover employee injuries on the job. If youre hiring new employees at your new location, ensure compliance with local workers comp laws. Business Owners Policy for general business coverage.