
Articles
ICHRAs: A sustainable alternative
Thursday, December 19, 2024
Employer-sponsored health plans are seeing double digit rate increases driven by postponed medical procedures, rising labor costs, modest investment returns, Medicare/Medicaid underpayments, and medical inflation.
Markets in Focus :: Education Q4 2024
Monday, December 16, 2024
Financial constraints, enrollment issues, and liability concerns remain part of the education landscape. There are difficult internal decisions regarding curriculum, budgets, and staffing, as well as external pressures from state and federal court cases.
Markets in Focus :: Real Estate Q4 2024
Tuesday, December 10, 2024
After a turbulent couple of years, the real estate market stabilized in 2024 with a positive outlook in the new year. With the combination of slowing inflation and lowered interest rates, along with signals for increased capacity by the reinsurance market, there is an expectation of a better overall market balance and anticipation of a decrease in pricing.
The Transformative Impact of Artificial Intelligence on the Insurance Industry
Thursday, December 5, 2024
Artificial intelligence (AI) has become a driving force in reshaping industries worldwide, and the insurance sector is no exception. The rise of big data and the growing demand for advanced data processing have fueled AI’s expansion.
Markets in Focus :: Digital Risk Q4 2024
Monday, November 25, 2024
Digital Risk industries, such as Blockchain, Web 3, and DeFi, experienced significant developments in 2024. The rapid growth also ushered in new exposures, both highlighting the need for tailored insurance solutions. Explore the year’s key insights and challenges in our latest Markets in Focus.
The influence of third-party lawsuit funding on liability insurance
Monday, November 18, 2024
Third-party litigation funding has transformed the legal and insurance landscapes, allowing plaintiffs to pursue cases without bearing upfront costs by transferring financial risks to outside investors.
Risk in Focus :: Hospitality Q4 2024
Tuesday, November 12, 2024
The CDC estimates 9 out of 10 Legionnaires’ disease outbreaks could be prevented with effective water management. Yet Legionnaires’ is still a significant threat to the hospitality industry with 84,000 cases reported since 2000. Learn the steps to prevent its growth and spread.
Risk in Focus :: Hospitality Q4 2024
Wednesday, October 23, 2024
With customer service at the heart of the hospitality industry, toxicity is the last ingredient that should be tolerated. When staff face harassment from guests, co-workers, or management, culture and reputations can quickly spoil.
Risk in Focus :: Hospitality Q4 2024
Tuesday, October 15, 2024
Human trafficking is a global crisis that affects all types of hotels, from luxury resorts to roadside motels. Implementing strong policies can deter traffickers and prevent costly lawsuits. Discover essential strategies in our latest report.
Markets in Focus :: General Q3 2024
Tuesday, October 1, 2024
Despite persistent volatility, insurance markets are finally stabilizing. Average premiums are up but in most sectors the increases are less than ten-percent. And, carriers are finding that creative underwriting practices are helping to expand coverage for property and casualty markets. Explore how evolving trends and insurance shifts may impact your business in our latest Markets in Focus.
Finance leaders and insurance brokers: A strategic partnership for risk management
Tuesday, October 1, 2024
Finance leaders are responsible for safeguarding their organization’s financial well-being, which involves assessing risks and guiding strategic decisions. Partnering with an insurance broker can enhance this process by providing expertise, tailored insurance solutions, and risk mitigation strategies. Learn more about how this partnership can fortify your organization’s risk management in a Puget Sound Business Journal article by Parker, Smith & Feek Account Executive Jessica Rice, featuring insights from Puget Sound finance leaders.
Markets in Focus :: Construction Q3 2024
Thursday, September 26, 2024
The construction industry is proving its resiliency to thrive during challenging economic conditions. The diversity in business sectors has provided a boost in industry spend despite the decline in project starts. While the construction industry rebounds in 2024, indications show an undercurrent of slowing growth in the near-term across the industry even with lowered interest rates. Understanding the industry trends and how they will affect individual sectors along with the insurance implications will be a prudent way to navigate the next year.
Twitter
LinkedIn
Facebook
YouTube