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

Key policies to review and update include: Commercial Property Insurance to protect your new location against physical damage from fire, vandalism, theft, or natural disasters. Workers Compensation Insurance to cover employee injuries on the job. If customers, vendors, or visitors will be on-site, this policy is essential.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

One Dead, Two Hurt After Tyson Foods Plant Fire in Georgia

Insurance Journal

ATLANTA (AP) A woman died and two other people were hospitalized with injuries after a fire at a Tyson Foods plant in southwest Georgia, state officials said Friday. A wall fell on the cab of an 18-wheel truck parked …

Injury 264
article thumbnail

Strategy for Success: Navigating 2025 Market Trends

Zywave

Workers’ Comp: Medical inflation and wage inflation have both affected this segment and will continue to do so. Commercial Property: Extreme weather events continue to lead to extreme property damage. Additionally, employee mental health has been linked to a greater risk of workplace incidents.