Home Page Home Page Our Locations Contact Us Member Login
  • Home
  • Get A Quote
    • Annuities
    • AutomobileImage of right arrow
      • Auto Insurance Quote
      • Mexico Travel Insurance Quote
    • BondsImage of right arrow
      • Bond Request Form
      • IL - Sheriff's Indemnity for Financial Institutions - All Other Counties
      • IL - Sheriff's Indemnity up to $50,000 Bond - All Other Counties
      • IL - Notary Bond w/E&O (Errors & Omissions)
      • IL - Notary Bond Only
      • IL - Errors & Omissions Policy Only for Notary - Individual
      • IL - ERISA Bond (Employee Retirement Income Security Act)
      • IL - Business Service Bond $10,000 & under penalties {No Owner Exclusion}
      • IL - Business Service Bond $15,000 & higher penalties {Owner Exclusion Applies}
      • IL - Concealed Carry Criminal Defense Reimbursement Bond
      • MO - Errors & Omissions Policy Only for Notary - Individual
      • MO - ERISA Bond (Employee Retirement Income Security Act)
      • MO - Concealed Carry Criminal Defense Reimbursement Bond
      • MO - Business Service Bond $10,000 & under penalties {No Owner Exclusion}
      • MO - Business Service Bond $15,000 & higher penalties {Owner Exclusion Applies}
      • MO - Notary Bond Only
      • MO - Notary Bond w/E&O (Errors & Omissions)
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Builders Risk
      • Liquor Liability Quote Form
      • Workers Compensation Quote
    • Dental
    • Earthquake
    • Farm
    • Flood
    • HealthImage of right arrow
      • Health Insurance Quote
      • Disability Insurance Quote
      • Long Term Care Insurance Quote
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
      • Manufactured Home Quote
      • Homeowner Flood Quote Form
    • LifeImage of right arrow
      • Life Insurance Quote
      • Term Life Insurance Quote
    • Limousine
    • Motorcycle
    • Recreational Vehicle
    • Renters
    • Trucking
    • Watercraft & Boat
  • Customer Service
    • AutomobileImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Send Declaration and Coverages Information to Lien Holder
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • HomeownersImage of right arrow
      • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
      • Request Evidence of Insurance
    • MotorcycleImage of right arrow
      • Request ID Card for Motorcycle Policy
      • Request Declaration and Coverages Page for Motorcycle Policy
    • Recreational Vehicle
    • Renters
  • Blog
  • Make a Payment
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Calculators
    • Important Files
    • Insurance Glossary
    • News Center
  • About Us
    • About Mid-States Agencies
    • Our Locations
    • Employee Directory
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Life & Health Insurance Auto Insurance Business Insurance Homeowners Insurance

Home > Blog > Risk And Insurance Trends To Watch in 2016
TUESDAY, FEBRUARY 9, 2016

Risk And Insurance Trends To Watch in 2016

The risk management landscape is changing fast. It is important for business owners and managers to understand how these trends will impact their commercial insurance programs. Technology, consumer trends, litigation, and regulations all have increased risk.

  • The Changing workplace environment. Employers are having to manage a change in workplace demographics. The baby boomers are retiring and employers will need to figure out how to attract the next generation of workers.
  • Cyber Risk. Every business will need to consider cyber insurance. Most businesses have a greater risk of having a cyber-attack than they do of having a fire. Cyber security was big news last year. Hardly a week went by without a report of a data breach in some industry. In fact, the Identity Theft Resource Center reported a record high of 1,233 data breaches in 2014, which is a 39 percent increase from 2013’s numbers.
  • Employment Laws. Whenever there is political change you can count on new and/or updated employment laws. Employers will need to keep up to date on how these laws will impact their businesses. Every employer should consider Employment Practices Liability Insurance.
  • Connections with Customers. As we continue to increase our reliance on technology, businesses must find the best ways to stay connected with clients. Customers want real time information about the products and services you provide. The road to being connected begins with understanding that consumers want to use technology in their healthcare decisions. They want to be able to email their partners and access services and information through telecommunication devices.
  • Workers’ Compensation. All states will continue to address legislative measures that could have an impact on employers including; drug usage, independent medical exams, medical marijuana, and the misclassification of employees and contractors.
Posted 8:39 PM

Tags: business insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

  • business insurance(36)
  • commercial insurance(30)
  • personal insurance(28)
  • home insurance(23)
  • auto insurance(17)
  • insurance(11)
  • premium savings(8)
  • flood insurance(7)
  • bonds(4)
  • rental cars insurance(4)
  • halloween safety(2)
  • life insurance(2)
  • auto accident(2)
  • auto savings(2)
  • motorcycle insurance(2)
  • renters insurance(1)
  • health(1)
  • flooding(1)
  • safety(1)
  • home safety. halloween safety(1)
  • contractors insurance(1)
  • rv insurance(1)
  • risk(1)
  • home insruance(1)
  • cyber insurance(1)
  • workers compensation(1)
  • boat insurance(1)
  • risk management(1)
  • motorcycle(1)
  • homeowners insurance(1)
  • rv insurance. atv insurance(1)

View Mobile Version
Mid-States Agencies   887 Bolger Ct.    |   St. Louis, MO 63026   |   Phone:314-919-2057 Powered by Insurance Website Builder
Home Page About Us Our Services Make a Payment Get A Quote Contact Us Our Blog RSS Feed