Posts

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…

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…

Construction Labor Shortage: How to Protect Your Margins
Claims Management, Construction Practice Group Content, Risk Management
Labor has become one of the biggest obstacles to construction project planning, profitability, and long-term sustainability in 2025. The construction labor shortage continues to strain contractors despite steady wage increases over the past…

December 14 News From Around the Marketplace
Construction Practice Group Content, Other, Risk Management, Transportation Practice Group Content, Workers Compensation InsuranceInjured Construction Worker in Queens Gets Record $62 Million Single-Plaintiff Award - N.Y. Post
A construction worker who was injured on the job has been awarded $62 million — the largest lawsuit verdict for a single plaintiff in Queens. The…

Recent Ruling Gives NY Workers Comp Trust Employers Hope
Workers Compensation InsuranceOn May 2nd the N.Y. Supreme Court issued an important statement relating to the assessments issued to many New York based businesses who are on bended knee trying to pay the significant charges being accrued from their participation in New York’s…

Summarizing Cuomo's NY Workers Comp Reform
Workers Compensation InsuranceGovernor Cuomo announced last week that his administration plans to introduce new legislation to continue to improve the workers' compensation system and to attempt to provide relief to thousands of businesses.
Cuomo's goal is to provide…

Workers Compensation Market Update 2012
OtherAs 2012 comes running around the bend heading into the final quarter it’s not too early to begin to look at how the 2013 workers compensation market might look. Referencing the National Council of Compensation Insurers (NCCI), the 2011 preliminary…
