Major Insurers are Pulling Back from AI Liability
Marketplace News, Risk Management, Risk Transfer The continuing growth and integration of Artificial Intelligence into business operations—from automated customer service agents to advanced decision-making systems—promises unprecedented efficiency and cost reduction. However, as…
NYC Employers Amendments to ESSTA & TSCA Laws for 2026
HR Challenges, Marketplace News, New York, Other, Risk Management (The factual summary in this article is based in large part on a contribution from Richard Landau of Jackson Lewis.) A new set of amendments, enacted on October 25, 2025, will soon introduce significant changes to the Earned Safe…
Family Insurance Plans Continue to Rise: Costs Averaging $27,000
Line of Insurance, Marketplace News As a business leader, you’re accustomed to managing volatile costs—materials, logistics, and labor. But in 2025, the line item creating the most C-suite anxiety is likely your employee health benefits. The numbers are stark. According…
Market Shift: How to Capitalize on Falling Commercial Property Insurance Rates
Commercial Property, Marketplace News, Risk Management For the past several years, business owners and financial leaders faced the challenge of a hardening insurance market, specifically with commercial property insurance rates. However, an ongoing shift is continuing in a favorable direction…
Why Commercial Auto Premiums Keep Rising—And What to Do About It
Commercial Auto, Marketplace News, Risk Management If you’re a business owner, CEO, or CFO, you’ve likely watched your commercial auto premiums climb year after year, wondering when it will end. It’s a frustrating trend that can significantly impact your bottom line. While it’s easy…
Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos
Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk ManagementAre you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting…
How Workers' Compensation Class Code #8873 "Telecommuter Reassigned Employees" Can Help You Save Money On Your Insurance Premium
Construction Practice Group Content, Food & Beverage Practice Group Content, Human Services Practice Group Content, Marketplace News, Risk Financing, Risk Management, Transportation Practice Group Content, Workers Compensation Insurance, Workers Compensation Premium AuditsThe New York Workers’ Compensation Insurance Rating Board (NYCIRB) has released a new class code for ‘Telecommuter Reassigned Employees’. If you are a business owner you might be wondering how do I adjust my workers' compensation rates…
Cyber Security Awareness Month
Cyber Liability Insurance, Marketplace NewsOctober is Cyber Security Awareness Month! Cybersecurity is one of the fastest-growing concerns for businesses as many opportunities for growth within an organization have developed into fully remote positions. To Celebrate…
New York's DOL Introduces New Notice Of Pay Rate form for Home Care Providers Under New York Wage Prevention Act Updates
Human Services Practice Group Content, Marketplace NewsEffective October 1, 2020, New York State's Department of Labor requires a new Notice of Pay Rate form for employers. The form is required to be used by home healthcare aide under the Wage Parity Law. The updated changes to the New York Wage…