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Appeals Board in California Defines How Close Water Must be for Workers

The California Department of Industrial Relations’ Occupational Safety and Health Appeals Board issued a decision related to the provision of water at outdoor worksites, which required water must be as close as practicable to the areas where employees are working. …

Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough

According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are planning additional rate increases to keep pace with rising claims costs, a backlog of litigation, worker shortages, and supply chain …

Texas Dollar Tree Store Fined $254K for Shortchanging Employee Safety

Soon after federal workplace safety inspectors arrived at a Dollar Tree store in Mount Pleasant, Texas, they found the national discount retailer again shortchanging employee safety – continuing a pattern of disregard dating back to 2017 – by allowing storeroom …

A Note on Business Income

While most restaurants have seen their revenues return to pre-COVID levels, given continued volatility in food and labor costs, business income values remain unstable, according to Lindsay Shipper, managing director and Southeast Zone Property leader, Marsh. “To ensure accurate value …

Louisiana Commissioner Giving Incentive to Insurers Taking UPC Policies

Louisiana Commissioner Jim Donelon is notifying property/casualty insurers that they will receive credit toward the Insure Louisiana Incentive Program’s grant requirements for assuming United Property & Casualty Insurance Co. policies before they are canceled by the Florida judicial system on …

A Variety of Risk Exposures Exist at Marinas Big and Small

Marinas are places where people interact with boats. Maybe that’s not earth-shattering to you but consider all that it means to operate a marina and all of the different ways that risk is present at a marina. Marinas can be …

Orderly Runoff Didn’t Work; Florida’s United P&C Now Insolvent, Headed for Liquidation

Just days after some 90,000 policies from troubled United Property & Casualty Insurance Co. were transferred to Slide Insurance as part of a wind-down of the carrier, it was announced that UPC is officially broke and will soon be liquidated. …

From Construction Costs to Cyber Crime, Educational Organizations Face Multiple Insurance Challenges

As the costs and consequences of education escalate, educational institutions at all levels face a rapidly growing slate of property and liability risks, including increasing sports liabilities and coverage for “trauma loss.” Lines such as property, general liability, professional liability, …

3 Emerging Risks to Watch: Generative AI, Deceptive Design, Bidirectional EVs

Innovative technologies can be transformational for businesses, industries and our way of life, but they also represent risks. Advances in new areas of tech, such as artificial intelligence (AI), are creating unforeseen threats that insurers must grapple with or risk …

Changing Cyber Landscape Poses Challenges For Health-Care Market

If you’ve sold a cyber liability insurance policy lately, you know how quickly the market has evolved. Policies that were once inexpensive and universally available are now high-priced and hard to find. Just a few years ago, we could get …

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