Categories for Industry News

US Recalls Reached Records in 2022

A recent article from Burns & Wilcox revealed that US recalls reached record highs in 2022, where the food and pharmaceutical industries hit the hardest. This is a worrying trend for businesses in these industries, as recalls can have serious financial and reputational consequences. We’ll explore why having the right insurance coverage is essential in…
Commercial Insurance Replacement Cost

Commercial Property Insurance and Replacement Cost 

Have you taken an in-depth look into your commercial property insurance recently?   The Consumer Price Index (CPI) jumped 7.9% over the last year and is the highest rate since January 1982. This inflation has led to increased construction costs, which could mean your current replacement cost coverage is no longer sufficient.   What Determines Replacement Cost?  …
blue piggy bank on blue car waiting to be filled by the $400 refund checks from MCCA to Michigan drivers

Michigan Drivers: $400 per vehicle refunds coming soon

Following the recent November vote to support Gov. Gretchen Whitmer’s plan to issue refund checks to Michigan drivers, the Michigan Catastrophic Claims Association (MCCA) has finalized its plan to distribute these funds. Careful analysis by the MCCA revealed that of their $5 billion surpluses, about $3 billion was safe and able to be distributed back…
hidden person in green and black hoodie symbolizing cyber attacks

What Every Company Should Know About Cyber Attacks and Cyber Insurance

Cyber attacks — you’ve probably heard about them, but how bad can they really be? Are they really one of the greatest threats to business in the 21st century? Or is that all hype? The truth is, if you run a business, you need to care about cyber attack protection. This article will walk you…
garden gloved hand pulling weeds for landscaping maintenance

3 Fall Landscaping Maintenance Tips for Homeowners

Paying proper attention to the landscaping of your home is a great way to improve your home’s value. In fact, studies have found that a well-kept landscape can increase the perceived value of a home by between 5% and 11%! That translates to tens of thousands of dollars! But landscaping maintenance is about more than improving…
commercial building with brown conference table in the center of the floor

Commercial Building Maintenance Tips for the Fall

During the fall season, the temperature gradually decreases, which means that winter is also coming. Fall is the best time for building managers or property owners to think about routine maintenance for their commercial buildings to keep their tenants safe and to avoid costly repairs down the road. This article will talk about commercial building…
traffic cones and sign for lane closure and safety

3 Ways to Stay Safe in Traffic

August is National Traffic Awareness Month. We want you to be aware of ways you can stay safe in traffic for a safe commute. Feel free to share this with your family and any employees operating vehicles for work purposes. Traffic Statistics Before we share how you can stay safe in traffic, check out these…
mother applying suntan lotion to daughter's face to stay safe in heat

5 Ways to Stay Safe in the Heat

August is one of the hottest months of the year. Swimming in the pool, walking through the sand, family barbecues, outdoor picnics, and walks in the park are just some of the activities people like to do during the summer and around this time of the year. For others, their job may require them to…

5 Essential Safety Tips For Contractors

If you’re not careful on a construction site, it could cost you in more ways than one. By investing in proper health and safety for contractors, you will save on average between $4-6 on the cost of work-related injuries. It doesn’t make sense monetarily and professionally to cut corners, does it? Establishing the right tone for…