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90% of Small Businesses Lack Confidence in Being Adequately Insured, Survey Finds

90% of Small Businesses Lack Confidence in Being Adequately Insured, Survey Finds

A recent survey by NEXT Insurance identified that U.S. small business owners tend to lack preparedness and knowledge when it comes to insurance coverage. Among the 500 small business owners surveyed, 96% failed to achieve a grade of 70% or higher on an insurance knowledge test, and only a third of respondents consulted with an insurance

Recalls Reach Record Highs in 2022, Food and Pharma Hit Hardest

Recalls Reach Record Highs in 2022, Food and Pharma Hit Hardest

A record number of products were recalled in the U.S. in 2022, according to new data from Sedgwick. Of the nearly 1.5 billion units recalled last year across all industries, the food and pharmaceutical sectors were most significantly affected, with both seeing recalls reach 10-year highs. The number of food units recalled in 2022 increased by

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