While your organization may have its cyber-security protocols buttoned up using best practices, there is a growing risk to businesses from tech vendors that are used to run their operations. According to the 2023 SecurityScorecard “Global Third-Party Cybersecurity Breaches” report, 98% of organizations have a relationship with a third party that has been breached and…
One of the keys to ensuring the longevity of your insurance agency is having your finances in order and ensuring that you are generating a profit. That’s easier said than done as often the commission checks roll in sporadically during the year, or all at once after peak renewal seasons. Besides the obvious issue of…
As more people have been working remotely over the last few years, some employers have turned to employee-tracking software to ensure that these staff are working while on the clock, and to boost productivity. Tools like activity monitors and locations trackers, however, do not actually increase productivity and they can instead cause a backlash among…
Cal/OSHA has issued a warning to employers located near the Los Angeles fires to take steps to protect their outdoor workers against unhealthy air quality. Wildfire smoke contains a number of harmful pollutants but the main danger to anyone outside in smoky conditions is particulate matter, which can lodge in the lungs. As well, with…
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…
April 23, 2025 10:00 am – 12:00 pm Join us for an insightful session on the evolving world of cyber risk and insurance, designed to educate and empower businesses in navigating today’s digital threats. We’ll explore the key components of Cyber Liability coverage, the latest market trends, and what underwriters analyze to determine pricing, including…
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…
April 15, 2025 12:00 pm – 1:00 pm Employers offer a variety of benefits to employees and their families, but understanding the tax implications can be challenging. Should premiums be paid pre-tax or after-tax? Are certain benefits taxable? The answers depend on the type of benefit and who is covered. In this webinar, we’ll break…