In a dynamic business environment, the importance of having adequate and up-to-date liability insurance cannot be overstated. Many small businesses initially obtain liability insurance, but as time progresses, they often neglect to review and update their policies. This oversight can lead to
The global casualty reinsurance market is currently navigating a complex landscape marked by the challenges of social inflation and growing reserve concerns. Despite these pressures, capacity remains abundant, driven by investor interest and structural advantages inherent in casualty lines. The
The City of Peterborough is weighing a considerable modification to its downtown patio program, a scheme that has provided businesses the opportunity to extend their outdoor seating onto municipal property. The proposed change revolves around an increase in the required liability insurance coverage
In today's digital age, where technology continually evolves, the landscape of cyber threats is constantly changing and expanding, posing significant risks to businesses and managed service providers (MSPs) alike. With cyber incidents becoming more frequent and sophisticated, the need for
The Marsh Global Insurance Market Index for the fourth quarter of 2024 reveals significant shifts in global commercial insurance rates, reversing a seven-year trend of consistent rate increases. The overall global insurance rates declined by 2%, marking the second consecutive quarterly decrease.
The property and casualty (P&C) insurance industry is on the brink of significant transformation as it approaches 2025. Customer expectations are evolving rapidly, driven by technological advancements and shifting risk landscapes. Insurers must adapt to these changes to stay competitive. This
