Happy Wednesday! In this week’s Big I Buzz: a guide to understanding commercial insurance costs. Plus, a new book proposes a strategy to negate nuclear verdicts.

Understanding Commercial Insurance Costs

Understanding your commercial insurance costs is just as important as tracking any other operating expense. Most small businesses can expect to pay between $500 and $3,000 annually for basic coverage, but your exact premium will depend on factors like your industry, revenue, location, and claims history. Additional elements—such as coverage limits, deductible amounts, number of employees, and vehicle fleet size—also influence pricing. For a deeper dive into what impacts commercial insurance rates, read the report from ISU Armac Insurance Services. Read more here.

New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts

Leaders at one of the nation’s largest insurance defense firms believe they’ve uncovered the key drivers behind nuclear verdicts—and created a litigation strategy to counter them. Their approach, called “Apex,” is based on real courtroom experience and data from over 100 nuclear verdict cases. A new book detailing the strategy and research behind it is set to be released later this year. Read more here.

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