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Cargo Theft Surges as Criminals Adapt

Cargo Theft Surges as Criminals Adapt

Apr 9, 2025 | Business Insurance, Business Operations

CARGO THEFT in the U.S. is climbing at an alarming pace. After spiking nearly 50% in 2024, incidents are already up another 22% in early 2025, according to a new report from supply chain visibility firm Overhaul. Criminals, both organized groups and opportunistic...
SCOTUS Ruling Opens Door to RICO Lawsuits

SCOTUS Ruling Opens Door to RICO Lawsuits

Apr 3, 2025 | Business Insurance, Business Interruption

A RECENT U.S. Supreme Court decision has increased the legal exposure of cannabis companies by allowing civil lawsuits under the federal Racketeer Influenced and Corrupt Organizations Act to move forward based on product-related business injuries. The 5-4 ruling in...
Businesses Struggle with Risk Protection Gaps

Businesses Struggle with Risk Protection Gaps

Mar 29, 2025 | Business Insurance, Business Operations

NEARLY HALF of mid-sized businesses feel unprepared for key threats despite implementing various risk management strategies, according to Nationwide Insurance’s latest “Agency Forward” survey. The survey found that while 90% of businesses have formal risk management...
Workers Who File a Claim More Likely to File More

Workers Who File a Claim More Likely to File More

Mar 21, 2025 | Business Insurance, Business Operations

A NEW STUDY has found that people who have had workers’ comp claims in the past are more likely to file future claims compared to those who have never suffered an on-the-job injury. The study — the subject of an article published in the Journal of Occupational and...
Property Insurance Won’t Cover Landslides

Property Insurance Won’t Cover Landslides

Mar 13, 2025 | Business Insurance, Business Operations

BUSINESSES AND homes located in areas that have been hit by wildfires have another risk they face after the fires subside: flooding, landslides, debris, and mudflows. These events are not covered by a standard business property or homeowner’s insurance policy. Areas...
Bill Aims to Block California Cannabis Tax Hike

Bill Aims to Block California Cannabis Tax Hike

Mar 2, 2025 | Business Insurance, Business Operations

A BILL IN the California Legislature seeks to prevent a scheduled increase in the state’s cannabis excise tax, which is set to jump from 15% to 19% in July. The increase stems from a 2022 compromise that eliminated the state’s cannabis cultivation tax but allowed for...
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