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Articles by Allen Laman

Why a Focus on Safety Matters: Experts Share the Value of Proactive, Updated Construction Safety Practices

When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the worker do wrong?” according to safety expert TJ Lyons. Lyons believes a better approach is to eliminate the practices that …

2023 Underwriting Losses Improve but Persist in US P/C Industry

The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM Best report. Preliminary data from the global credit rating agency shows that the industry posted a $21.2 billion net underwriting …

Middle-Market Companies Post Record Gains: Chubb

Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last six months of 2023 – the …

Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Your Attention

Often alarming, misleading or just plain annoying – when mass tort lawsuit advertisements pop up on a TV screen, many consumers instinctually reach for the remote. An expert believes that the ads are worth your attention. “Especially for those in …

Survey: Most Architects and Engineers Professional Liability Rates to Rise

Most insurers plan to increase architects and engineers (A&E) professional liability insurance rates for a third consecutive year, according to a new survey by Ames & Gough. The specialty insurance broker reported that the increases are driven by concerns regarding …

2023 Underwriting Losses Improve but Persist in US P/C Industry

The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM Best report. Preliminary data from the global credit rating agency shows that the industry posted a $21.2 billion net underwriting …

Chubb: Middle Market Companies Post Record Gains

Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last six months of 2023 — the …

Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Å˽ðÁ«´«Ã½Ó³»­ Industry Attention

Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers instinctually reach for the remote. An expert believes that the ads are worth your attention. “Especially for those in the …

A Look at the Liquor Liability Landscape

Liquor liability availability and pricing have put small business owners in the alcohol-related sector in some states in a bind. While securing coverage is easy in some areas, premiums have skyrocketed and carriers have pulled out of others. “Every state …

Wage Growth Likely to Continue Driving Workers’ Comp Payroll Growth

Despite a “significant slowdown” in job growth in 2023, a new National Council on Compensation Å˽ðÁ«´«Ã½Ó³»­ briefing shared that “wage growth will likely continue to drive workers’ compensation payroll growth throughout 2024.” “Employment gains slowed in 2023 from 2022; however …