Construction Workers Retiring & the Ripple Effect on the Insurance Industry
Look around – there’s no denying the construction industry is booming. As a result of this growth, more workers are needed to bring projects to completion.
Look around – there’s no denying the construction industry is booming. As a result of this growth, more workers are needed to bring projects to completion.
Wildfires across the agricultural sectors of California have become an increasingly large threat over the last few years. However, it is the Golden State’s lucrative cannabis crops that are being impacted the most.
With the ongoing labor shortage and more veteran insurance agents moving into retirement, what makes the insurance industry a great career choice in 2023 and beyond?
When an employee is injured or becomes ill while on the job, it’s critical for a business to report the incident as soon as possible.
As the world adjusts to a post-pandemic new-normal, changes implemented during the height of COVID-19 continue to impact how we live and work.
Today’s technology and automation have transformed the construction industry – allowing businesses to find solutions for several key operational challenges.
Social inflation has become an important factor in the cost of liability insurance. But what exactly is social inflation, and how does it impact the cost of insurance?
Supply chain disruptions. Inflation. The labor shortage. The construction industry is grappling with several challenges that are resulting in an increase in contractual disputes and a significant rise in liability lawsuits.
Tools and equipment used on construction sites are often subject to theft and vandalism – creating project delays and impacting costs. Over time, multiple claims may also increase insurance premiums.
Although it’s impossible to avoid every potential risk on a construction jobsite, there are certainly ways to proactively address key issues.