If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. HSAs allow your employees to put away funds to pay for future medical expenses. Usually, these accounts are funded with pre-tax deductions from…
The Workers’ Compensation Insurance Rating Bureau of California will recommend changes to class codes for some electronics manufacturing sectors, as well as increases to the wage thresholds for construction industry dual classifications. The move comes after the Rating Bureau’s governing committee unanimously approved proposed changes, which will be sent in March to the state insurance…
As the economy continues roaring, the market for top talent stays exceedingly competitive. Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. But it’s tough for smaller companies to compete with their large counterparts, who have the advantage of economies of scale. As…
Announcing 2023 InterWest Insurance Services Distinguished Employee Winner! Heather Ruley Commercial, Account Manager Chico, California Each year, InterWest recognizes employees who are identified by their co-workers as having demonstrated an extraordinary commitment to their clients, workmates as well as their community. This partnership between work and giving back makes them stand out for…
The trend toward employees working remotely that began during the COVID-19 pandemic has proven popular, and many employers have been able to shrink their office costs by leasing smaller spaces. However, these changes have resulted in increased commercial building vacancy rates, and that can leave their owners with insurance problems. The National Association of Realtors…
One of the by-products of the digital revolution – with most people staring many hours each day at tablets, smart phones and computers – is eye strain. According to The Vision Council, the average U.S. adult spends more than two hours a day looking at electronic screens. Looking at such screens for too long can…
With more than half of all private sector employees enrolled in high-deductible health plans, it’s important that employers have in place certain protocols to ensure that they are a success. As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other…
Since the Fed started its aggressive campaign of increasing rates to tame inflation, the amount of dealmaking by private equity firms in the insurance brokerage space has slowed and valuations have dropped. The drop in activity mirrored what was happening with private equity investors overall in the past two years when they pulled back…
The growing popularity of electric vehicles is encouraging businesses to install charging stations in parking lots for their employees and visitors. Commercial real estate owners and investors are always looking for ways to increase the value of their properties. Adding EV charging infrastructure is an obvious way to increase property value while providing a much-needed…
Announcing 2023 InterWest Insurance Services Distinguished Employee Winner! Brandon Welch IT, Associate Systems Administrator, Sacramento Sacramento, California Each year, InterWest recognizes employees who are identified by their co-workers as having demonstrated an extraordinary commitment to their clients, workmates as well as their community. This partnership between work and giving back makes them stand…