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The Insights You Need for A Strong Finish to 2024

Zywave

But beyond just the employee benefits, the workers’ compensation and general liability markets are also feeling the pinch of increased medical costs. These nuclear verdicts often are seen as a result of social inflation, which refers to the rising cost of insurance claims influenced by societal trends.

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What is Subrogation and How Does it Work?

Bankers Insurance

Subrogation is more than just a fancy insurance term – it’s a right held by your insurance carrier under your policy that allows them to seek reimbursement from the party found responsible for the accident after they’ve paid a claim for a covered cause of loss.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

Rates for general liability, commercial auto, and umbrella/excess liability continue to increase, albeit at a reduced pace. Workers’ compensation premiums and rates remain stable or may even decrease, while remote work presents challenges for loss control.