-
1 week ago | 
propertycasualty360.com | Joe Toppe
The quality of life for employees trapped in a cycle of overwork and low pay is suffering, according to a study by Eskimoz. Financial stress, lack of downtime and long commutes create burnout, the data showed, leaving little room for career advancement or personal well-being. At the same time, the most common injuries reported by small businesses over the last year were related to mental-health issues.
-
1 week ago | 
propertycasualty360.com | Joe Toppe
With the workers' compensation insurance market in the U.S. projected to reach $56.7 billion in 2025, nearly half of employee injuries reported by small businesses over the last year were preventable, according to a report by Pie Insurance. Seventy-five percent of small businesses reported incidents, the data showed, with 49% admitting to improvising safety measures due to a lack of proper equipment and more than 30% reporting over $20,000 on injury-related costs.
-
2 weeks ago | 
propertycasualty360.com | Joe Toppe
Credit: Marina Demidiuk/Adobe StockSeventy-percent of company drivers say they worry about being killed, hurt in a collision or being held liable for the damages, according to a recent survey by Nationwide. Your access to unlimited PropertyCasualty360 content isn’t changing.
-
2 weeks ago | 
propertycasualty360.com | Joe Toppe
Hurricane Ian flooded houses in Florida residential area. Credit: bilanol/Adobe StockFlorida’s insurance market remains in turmoil as investigations expose widespread self-dealing by insurers and the debate over HB 1551 to reform attorney’s fees intensifies. Your access to unlimited PropertyCasualty360 content isn’t changing.
-
2 weeks ago | 
propertycasualty360.com | Joe Toppe
Credit: Premreuthai/Adobe StockThe majority of insurance executives are focused on accelerating AI transformation to improve financial and operational performance in 2025, according to a recent survey by Roots. Your access to unlimited PropertyCasualty360 content isn’t changing.
-
2 weeks ago | 
propertycasualty360.com | Joe Toppe
Social media interactions on mobile phone. Internet digital marketing, Chating, commenting, liking. Smiles and icons above smartphone screen, that holding by young man on pink studio background. A gym selfie, vacation post or TikTok dance can get an insurance claim denied, according to a study by The Texas Law Dog.
-
3 weeks ago | 
propertycasualty360.com | Joe Toppe
Over half of U.S. consumers plan to travel more in 2025 than they did in 2024, according to a report by IPX. The average travel budget for Americans in 2025 is $10,244, the data showed, which is nearly double the average budget in 2024 at $5,300. Nearly two in three Americans plan to use points or travel rewards to help cover travel costs.
-
3 weeks ago | 
propertycasualty360.com | Joe Toppe
Medical worker treating burns on male's hand. Nearly half of employee injuries at small businesses over the last year were preventable, according to a report by Pie Insurance. Seventy-five percent of small businesses reported incidents, the data showed, with 49% admitting to improvising safety measures due to a lack of proper equipment and more than 30% reporting over $20,000 on injury-related costs. Your access to unlimited PropertyCasualty360 content isn’t changing.
-
3 weeks ago | 
propertycasualty360.com | Joe Toppe
Fragmented data and outdated processes have led to inefficiencies and lengthy settlement periods across the insurance industry, according to a study by AutoRek. Two-thirds of insurance firms juggle at least 10 different data sources in their premium payment process, the report showed, with 52% of firms still using excel and 21% of firms reporting that their premium receivable and allocation processes are ineffective. Your access to unlimited PropertyCasualty360 content isn’t changing.
-
3 weeks ago | 
propertycasualty360.com | Joe Toppe
The electric vehicle (EV) insurance market is predicted to skyrocket over the next decade, according to a report by Market Research Future. The EV industry is projected to grow from $93.94 billion in 2025 to $555.03 billion by 2034 at a compound annual growth rate (CAGR) of 21.8%, the data showed, attributed to increasing demand for convenient and eco-friendly transportation options and a global shift towards sustainability and reduced carbon emissions.
