Business Insurance
A Business Auto Policy is vital!
Regardless of the type of business you have, you probably use one or more vehicles to get around. Depending on how your organization operates, this can include vehicles that are owned or leased by the business, hired out for limited use or owned by employees but used for business purposes. This last category, the employee-owned…
Read MoreEducate your Employees on Voluntary Benefits
Offering voluntary benefits is a great way to enhance your benefits package, differentiate from competitors and increase employee satisfaction—all with little impact on your budget. But while employers may choose to offer numerous types of voluntary benefits that can deliver convenience and value for employees, many employees do not understand the advantages of these voluntary…
Read MoreHow Can You Reduce Workers’ Comp Costs?
When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more than just stopping a few accidents; it is having a sound safety program designed to continuously improve. This is where a safety program that, at…
Read More2023 Commercial Auto Insurance Market Outlook
The commercial auto insurance market has faced substantial underwriting losses and diminished profitability for more than a decade. While the segment continues to face difficult market conditions, rate increases largely remained in the single digits in 2022, demonstrating signs of stagnation compared to double-digital rate jumps that took place in prior years. Nevertheless, several cost-driving…
Read MoreHR Hotline – Exclusively for our Clients!
In a recent post we discussed our HR and Compliance Portal, our online portal for convenient access to resources on safety, compliance and much more (read about it here). While this portal is a vast and searchable resource, sometimes you need a little personal guidance, especially when it comes to matters of Human Resources. Chances…
Read MorePublic Health Emergency ends on May 11, 2023
With the anticipated end of the COVID-19 National Emergency and Public Health Emergency (PHE) on May 11, 2023, the federal government is beginning to unwind some of the policies that have been in place during these periods. On March 29, 2023, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued guidance…
Read MoreRejected for Standard Workers’ Comp Coverage?
Most employers are required by law to obtain workers’ compensation insurance to protect employees injured on the job. Unfortunately, not all businesses are able to purchase workers’ comp in the regular insurance market. That’s where assigned risk plans come in. Also known as assigned risk pools or the residual market, assigned risk plans were established…
Read MoreUh Oh! You have a product recall!
Product recalls can be devastating not only for a manufacturer, but also for its wholesaler-distributors. While the manufacturer is usually held liable for injury resulting from a defective product, any seller of the product can also be held responsible in the United States under tort liability. Certain circumstances heighten a wholesaler-distributor’s risk: When it provides…
Read MoreProtect Your Janitorial or Cleaning Business
Key Employee Benefits Trends for 2023
Many of the challenges that plagued workplaces in 2022 will likely continue this year and beyond. Current labor challenges are forcing employers to find ways to balance rising costs and inflation while providing employees with the benefits they value and need. Understanding this year’s employee benefits trends can help employers assess whether their offerings meet…
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