Property & Casualty Tag


Coverage insights header image Employee injuries and illnesses are not always simple for employers to navigate—making the workers’ compensation claim process increasingly difficult.

However, there are a number of measures that employers can take to reduce the cost and complexity of a claim. Specifically, when employers report claims in a timely fashion—whether to their respective state or workers’ compensation insurance provider—they can potentially minimize their overall claim expenses.


Coverage insights header image Volunteers bring a lot of value to the organizations they work with. They can help an organization achieve its mission, assisting in areas an organization may not be otherwise able to cover without them.

However, organizations may not think to check if their workers’ compensation insurance covers volunteers, or, worse still, they may wrongfully assume it does.


Coverage insights header image Workers’ compensation insurance not only helps employers cover costs related to employees becoming ill or getting injured on the job, it’s also required in nearly every state.

Yet, some employers have a harder time securing coverage than others. After all, a range of factors (e.g., a poor loss history or involvement in a high-risk industry) can make insurers hesitant to offer workers’ compensation insurance to certain employers. In these instances, employers can utilize assigned risk plans. Such plans provide a safety net for employers who are unable to acquire workers’ compensation coverage from insurers in a standard market.


Coverage insights header image Employees who face work-related injuries and illnesses commonly have subsequent stress and anxiety.

Oftentimes, this stress is made worse should employers stop communicating with the employee while they’re unable to work. It is important for employers to make their employees feel appreciated and to invest in their well-being. This rapport helps employees feel welcomed, valued and trusted. As a result, if employees are injured at work, they are much more likely to report accidents and injuries.


News Brief header U.S. directors and officers (D&O) insurers continue to see underwriting losses despite taking in more premium to correct years of competitive pricing and adverse claims trends, such as growing verdicts, settlements and defense costs, according to reports from two rating agencies.

According to Fitch Ratings and AM Best, D&O insurers increased direct premiums written in 2020 by 40%, following an increase of 20% in 2019. However, this did not stop the line of business from recording an underwriting loss for the fourth straight year in 2020. Per Fitch Ratings, the combined ratio over the same period was 107%.


Coverage insights header image Supervisors play an essential role in ensuring a company’s efficiency and success.

They are responsible for handling the everyday situations that help a business remain functional. Further, supervisors are also an integral part of workplace safety programs. Such programs utilize risk management techniques to keep employees safe on the job, thus reducing workers’ compensation costs.

Coverage insights header image

Maintaining adequate insurance coverage is an important practice within any organization.

A key element of ensuring a robust insurance program is to take steps to avoid experiencing potential gaps in coverage during policy transition periods.

One common cause of such coverage gaps stems from claims that are reported after a policy expires. Fortunately, that’s where an extended reporting period (ERP) can help. Review the following guidance for more information on ERPs and when to consider implementing this offering.