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Don’t Get Caught Holding the Bag If Your Company Is Sued

2.5 minute read There is no set formula regarding how much liability insurance a business needs. However, the more coverage you have, the more bulletproof your company becomes. If you are running a very successful business, you will probably want minimal disruption if an incident occurs in which you may be seen as liable. Therefore, […]

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Construction Firm Tips for Avoiding Insurance Disasters

3 minute read Construction Firm Tips for Avoiding Insurance Disasters When you’re in the construction industry you already have lots to worry about: Keeping your workers safe in one of the most dangerous industries, uninsured or underinsured subcontractors, and finding experienced employees from a shrinking pool of talent. Not only that, but lawsuits lurk in

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Time to Comply with Health Plan Transparency Rules

2 minute read July 1 was the deadline for health plans to make public their in-network negotiated rates, out-of-network billed charges, and more. While health plans will be required to post this information, employers who sponsor their group health insurance for their employees will need to take steps to ensure that their plans comply with

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Dental and Vision Benefits are Inexpensive, and a Big Hit with Workers

3 minute read Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans. That’s important in today’s tight job market. After all, a recent survey from CareerBuilder found that 55% of workers believed an

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Reporting Workers’ Comp Claims Late Can Push up Costs Newarly 50%

3 minute read One of the keys to keeping the costs of a workers’ compensation claim from spiraling out of control is prompt claims reporting. Claims are routinely filed late, either by the injured worker who fails to report it to the employer, or the employer dawdling or procrastinating and not reporting the claim to

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More Employers Add Narrow Networks to Offerings

3 minute read More employers are including narrow provider network insurance plans among their plan offerings to their employees to give them a lower-cost premium option. Narrow provider networks limit the number of covered providers included in health insurance plans. While these plans have been mainstays on Affordable Care Act marketplaces, employers have been slow

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Cost of Commercial Property Insurance Surges Thanks to Inflation, Climate Change

3 minute read As climate change continues to create more turbulent weather and natural catastrophes, commercial property insurance rates are still climbing — and the recent surge in inflation is adding fuel to the cost of coverage. While overall commercial property rates increased about 10% on average in 2021, rates surged between 25% and 40%

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Year-Long Benefits Education Yields Happier Employees

3.5 minute read While most organizations ramp up their benefits communications about a month before open enrollment starts, the efforts often drop off at the start of the year. That’s a shame because many employees are woefully unaware of how their benefits function and are often not taking full advantage of what their employer and

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