In 2023, delivery companies will need to do more with less. As customers expect next day, same day, and just-in-time deliveries, delivery businesses must meet these demands while cutting costs, boosting accuracy, optimizing resources, and becoming more sustainable. DispatchTrack outlines that it’s essential to understand (and embrace) last mile...
PFAS (per-and polyfluoroalkyl substances), commonly used manufactured chemicals, are often called “forever chemicals,” because they can’t be safely destroyed and take thousands of years to break down naturally. Found in everything from our drinking water to common household products like cookware, cosmetics, and upholstery fabrics, PFAS have...
A new report shows that New York, Miami, Tampa and New Orleans have the highest risk of heavy property damage from hurricane storm surges. Your clients in these areas need to pay particularly close attention to their insurance policies to ensure they have the protection that they will likely need. As this recent Insurance Journal article...
A variety of trends—including gas shortages, shipping delays, inflation, extreme weather, and the COVID-19 pandemic—have significantly impacted the Inland Marine Insurance industry. This unprecedented volatility has led to increased rates, new exclusions, and tighter policy terms to limit losses. Inland Marine Insurance provides coverage for...
Natural catastrophes broke insurance claims records in 2021. Historically, primary perils – like earthquakes – have been weather events with the highest loss potentials, but secondary perils – including wildfires, rainstorms, and floods – have become more frequent in recent years and are responsible for a growing share of insurance claims....
Environmental insurance (also known as Pollution insurance) provides coverage for loss or damages resulting from the unexpected release of pollutants, including claims for bodily injury, property damage, cleanup costs, and business interruption. It's important to know that standard General Liability and Property insurance policies exclude most...
If the insurance industry had posted its relationship status in 2021, it would have been "It’s complicated." For 2022, it’s still going to be complicated. ... only a little less so. In this white paper you'll find: Seven major trends that will impact the insurance industry in 2022. Industry outlook for every key insurance vertical – including...
Faced with the harsh reality of closing their doors completely or making drastic changes to their business strategy, restaurant owners and operators reimagined their dining and service experience in 2020. Many of these changes introduce potential coverage gaps that insurance agents and brokers should be aware of, as they work alongside their...
Mass shootings have been on the rise since the beginning of the COVID-19 pandemic, which is classified as an incident with at least 4 people injured or killed. According to non-profit organization Gun Violence Archives, 2020 saw 611 mass shootings, compared to 417 in 2019. As of mid-October, we’ve seen 570 this year. Consequently, there’s been a...
Hackers recently used ransomware against a major gasoline pipeline to halt distribution, costing the company millions of dollars and creating chaos across the southeastern United States. A cyber attack on the world’s largest meat producer last month also forced the shutdown of all its U.S. beef plants, wiping out production from facilities that...
If you insure truckers, trucking companies, or other clients that conduct business in the transportation sector, you may be wondering what impact the pandemic has had on the industry as a whole. Although transportation is generally considered an essential service, the pandemic left nearly no industry unaffected, transportation included. Your...