The COVID-19 pandemic is just the latest culprit of increased business insurance premiums. Other recent events including extreme weather and diminishing capacity have also contributed to tightening or “hardening” in the insurance industry. As premiums continue to rise, businesses need to keep an eye on their coverage and their deductibles, or they might wind up…
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Post-Pandemic Insurance Reviews are Crucial for Non-profit Organizations
The COVID-19 pandemic caused many economic challenges. Many non-profit organizations experienced a reduced level of donations and limited options for fundraising. Unfortunately, they may also be facing another crisis in the making, increased insurance premiums as the insurance industry continues to “tighten” or “harden” from social inflation. Non-profits and for-profit organizations alike need to deal…
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