by Tower Street Insurance | Feb 28, 2024 | Uncategorized
2024 Auto Insurance Rates: What to Expect The 2023 Rate Hike Phenomenon Leading the wave of rate increases, insurers like Farmers Insurance have set a new precedent with an average rate hike of 17.6% in 2023. This significant jump in premiums has prompted a closer...
by Tower Street Insurance | Feb 28, 2024 | Uncategorized
1099 Contractor Regulations: 2024 Business Guide What You Need to Know Starting March 11, 2024, the Department of Labor alongside the IRS are set to enforce stricter regulations to improve the misclassification of employees as contractors. This move, aimed at ensuring...
by Tower Street Insurance | Feb 2, 2024 | Uncategorized
The Impact of Weather Trends on Property Insurance Insurance in Response to Weather Trends The landscape of property insurance is undergoing significant transformations, influenced by shifting weather patterns around the globe. As we move into 2024, it’s...
by Tower Street Insurance | Feb 2, 2024 | Uncategorized
The Importance of Cyber Insurance in 2024 Understanding Cyber Risks The internet has made life easier in many ways, but it also brings new dangers. Cyber attacks are getting more clever, targeting everything from our personal details to important national systems....
by Tower Street Insurance | Dec 21, 2023 | Uncategorized
Safety and Success in the Elevator Industry Industry Dynamics In the dynamic world of elevator and escalator contracting, where precision meets innovation, safety and functionality are paramount. With approximately 900,000 elevators in the United States alone, these...