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Sanford & Tatum Blog

All You Ever Wanted to Know About Insurance

News Brief: What’s in Store for Reinsurance Jan. 1? Market Players Have Varied Views

What’s in Store for Reinsurance Jan. 1? Market Players Have Varied Views - More than half of reinsurers, insurers, and brokers surveyed last month by Fitch Ratings expect reinsurance prices to increase on Jan. 1, 2025,...

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News Brief: Property Pricing May Have Eased, but Brokers Still Having Trouble

Property Pricing May Have Eased, but Brokers Still Having Trouble - Commercial property and casualty insurance premiums rose an average of 7.7% in the first quarter of 2024, up slightly from 7.0% in Q4 2023, according...

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News Brief: Q2 P&C Industry Combined Ratio, Net Income at Worst Levels Since 2011

Q2 P&C Industry Combined Ratio, Net Income at Worst Levels Since 2011 - Mounting underwriting losses pushed second-quarter property/casualty insurance industry net income and profitability to the worst levels since...

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News Brief: U.S. Sets Record for Billion-dollar Weather and Climate Disasters in 2023

U.S. Sets Record for Billion-dollar Weather and Climate Disasters in 2023 - The National Oceanic and Atmospheric Administration (NOAA) recently announced that the United States has already seen a record number of...

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Reducing Auto Claims for Businesses

Vehicle-related crashes are the leading cause of work-related deaths. In addition to the potential for loss of life, work-related automobile accidents expose businesses to liability risks, legal expenses, lost time,...

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2021 Commercial Property Insurance Market Outlook

The commercial property market has steadily hardened in recent years, resulting in rate increases every quarter since Q3 2017. Unfortunately, these rate increases-as well as additional policy restrictions-are expected...

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Securing Cargo for Safe Transportation

This article focuses on Federal Guidelines for securing cargo, but this is also a very good guide for non-DOT cargo securement. Shifting cargo is one of the most common hazards in commercial transportation. Not only can...

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