Insurance rate hikes could mean end for many small firms
Posted On: Nov. 25, 2021 10:33 AM CSTA survey by Marsh LLC found that almost half of surveyed small and medium-sized businesses in the U.K. have encountered pandemic-related exclusions from their insurance policies, City AM reported. Limited coverage along with soaring insurance rates could be the final nail in the coffin for many small businesses already struggling to keep afloat.