Soaring court judgments and jury awards are pushing up the cost of commercial liability and umbrella insurance policies, particularly for businesses that have been sued before. There are a number of factors at play, including massive “nuclear” jury awards for tens of millions of dollars, private equity-backed lawsuits and a phenomenon known as “social inflation”…
Group Health Plan Trends for 2025 As health insurance costs continue to rise at an uncomfortable pace, employers in 2025 plan to shake up the status quo with their health care vendors, particularly those focused on reducing pharmacy spend, a main cost driver, according to a new report. To address spiraling costs, they will also…
An allegedly Chinese state-sponsored hacker campaign dubbed “Salt Typhoon” has infiltrated major cell phone providers, including AT&T and Verizon, potentially exposing your company’s communications to threat actors. The attack has been described as the most significant telecommunications hack in U.S. history. While the breach is alarming for individuals, the implications for businesses are profound and…
Two new laws which took effect Jan. 1, 2025 will ease the Affordable Care Act annual tax reporting burden on health plan sponsors. In a bipartisan effort, Congress recently passed the Employer Reporting Improvement Act and the Paperwork Burden Reduction Act, both of which outgoing President Biden signed into law. The laws are aimed at…
March 18, 2025 12:00 pm – 1:00 pm As we settle into 2025 and the new administration is in place, it’s the perfect opportunity to look forward to what is expected for the remainder of the year. This month’s webinar will focus on any recent legislation, regulations, FAQs, and other guidance issued over the previous…
February 27, 2025 11:00 am – 12:00 pm PST Speaker: James Slotnick, Sun Life US’ VP of Government Relations Attendees may receive one SHRM & HRCI credit for attending LIVE As President Trump settles back into DC, his Administration looks to partner with Congress to move an ambitious agenda forward. Please join Sun Life US’…
A temporary exemption that construction trucking providers had enjoyed from the controversial AB 5 law, sunsetted on Dec. 31. AB 5, which took effect in 2021, created a higher standard for determining who is a worker or a contractor in California. This expiration will require employers who had benefited from the exemption for such service…