Companies are continuing to learn the value a positive workplace culture has on their bottom line. When employees are happy and committed to their employers, that fulfillment not only translates into a better work ethic, but instills a vested interest in the success of the company. As businesses seek to create an environment that facilitates a solid company culture, they
On January 9, a faulty space heater caused a fire on the third story of the Twin Parks Northwest apartment building. As the fire grew to multiple rooms, the panicked residents escaped their burning apartment but left the door open. As the fire drew in more oxygen from the open door and belched out smoke, fire alarms began to sound.
The COVID-19 pandemic created a global crisis unmatched in the modern era. As governments scrambled to contain the virus and flatten the curve, businesses all over the nation shut down to protect workers. For over a year, companies continued to limit or modify their operations again and again as wave after wave of different COVID-19 variants spread around the world.
At the beginning of the covid-19 pandemic, the United States took unprecedented measures to try to slow the spread of the virus. The country shut down for weeks. According to the U.S. Chamber of Commerce, over 120,000 businesses closed their doors, leaving a staggering 30 million Americans without work. These unemployed workers started spending at unexpected rates, driving up demand
Gone are the days when cyberattacks were the work of lone hackers looking to pull a massive prank or push an ideological message. Cybercriminality has passed into the professional realm, with hackers employing ransomware to extort money from victims in return for trapped data. More alarmingly, entire governments are exploring ways to use virtual attacks to cripple the infrastructure of
Over the past year, inflation has reached record highs. The cost for building materials, like lumber and steel, have been skyrocketing since the very beginning of the pandemic, but over the past few months, inflation has made an appreciable hit on almost every U.S. market. From groceries to gas to healthcare, prices are hitting all-time highs. As the effects of
Litigation costs in the commercial transportation sector have skyrocketed over the last decade. As the number of accidents, severity of accidents, and cost of settlements continue to climb, it is vital that businesses do everything in their power to minimize accidents. Accidents on the rise Unfortunately, increasing costs cannot just be ascribed to the ebb and flow of inflation. Drivers
Secondary peril events like severe thunderstorms, tornadoes, and wildfires have begun to comprise a larger portion of insured losses, according to a new report from AM Best. Both commercial and personal underwriters should start taking such rising risks into account as they model potential losses and set rates. Secondary perils are normally described as small to mid-sized impacts or events
Employees who face work-related illnesses and injuries often suffer subsequent stress and anxiety. Oftentimes, this stress is worsened if employers cease communicating with the employee while they’re unable to work. It is vital that employers make their employees feel appreciated and invest in their well-being. This rapport helps employees feel trusted, welcomed, and valued. As a result, employees who are
The ongoing pandemic has forced nation-wide changes in the economic landscape of the United States. Lockdowns stalled earnings, fear of infection drove millions from the labor pool, and working from home grew exponentially. With traditional employment uncertain and inflation rising, thousands of Americans began to look for ways to increase their monthly income without unnecessary exposure. The result: an explosion