Property and liability exposures are expanding far beyond anyone’s expectations. Seven figure jury verdicts have become commonplace and continue to rise. Whether it’s bodily injury, some other type of unintentional accident or advertising injury, the exposures are vast. That is why no business can safely operate without liability insurance
The best way to protect against loss is to minimize your exposure to third-party claims, and have adequate insurance incase they do occur. Our data-driven approach uses financial modeling to determine your risk tolerance, and analytics that guide program design and coverage decisions. You will have a complete and cost-effective plan that helps protect your business and allows you to focus on your goals — not your insurance.
How has the #metoo movement impacted claims against employers? The U.S. Equal Employment Opportunity Commission (EEOC) announced preliminary FY 2018 sexual harassment data last week. The EEOC filed 66 harassment lawsuits, and 41 included allegations of sexual harassment. That reflects more than a 50% increase in suits challenging sexual harassment over last year.
Just as you can rely on the sands of time passing, so too can you rely upon periodic adjustments to Minnesota’s workers’ compensation law. Some of the financial updates are to keep costs in line with inflation, while other changes were a result of recent changes to the law. Regardless, we’ve got a breakdown of the changes.
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