Social Inflation: A Concerning – and Costly – Trend

Posted by & filed under Laws & Regulations, Uncategorized.

What is Social Inflation? Social inflation generally refers to the rising costs of insurance claims that are a result of societal trends and views toward increased litigation, broader contract interpretations, plaintiff friendly legal decisions, and larger jury awards. What is causing social inflation? There are four major factors that are driving social inflation in the… Read more »

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Three Coverages All Gym and Fitness Studio Owners Should Consider Having On Their Business Insurance Policy

Posted by & filed under General Liability, Uncategorized.

Business owners in the fitness industry have unique risks that could result in financial loss if not adequately protected. This blog outlines three unique coverages for gym and studio owners, which can be included on a small business insurance policy. 1. Professional Liability As a gym or studio owner, you or your staff probably consult,… Read more »

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