CHECKLIST FOR CYBER INSURANCE Also known as cyber liability insurance, cyber coverage can help organizations pay for a range of expenses that may result from cyber incidents—including (but not limited to) data breaches, ransomware attacks and phishing scams. When seeking this form of coverage, it’s important for...
Business insurance is essential for keeping a company financially resilient should disaster strike. While most employers know that they should purchase basic forms of insurance, such as a commercial general liability policy, they often overlook other important types of coverage that provide valuable financial protection and...
Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. Although AI can offer several benefits, it also presents many challenges. AI is currently used in multiple aspects of employment decision-making, including recruitment, candidate screening, hiring, onboarding and performance evaluation. Businesses need to be aware...
Return-to-work (RTW) programs are intended to help support employees as they reintegrate back into the workforce after experiencing occupational illnesses or injuries. These programs may entail having injured employees return to work with shortened hours, lighter workloads or different tasks (also known as transitional duties)...
Insurance rates are based on a variety of factors, including what’s happening in the economy and business marketplace. For example, today’s strong labor market drives higher wages, which impact the cost of goods and services across all industries. In addition, driver mileage and accident frequency...
As election time approaches, employers can prepare for employees to request time off to vote. Although federal law does not require employers to provide employees with time off for voting, legal obligations may vary by locality. As of 2024, over half of U.S. states and...
A growing number of states have established state-facilitated retirement savings programs to help their constituents save for retirement. Most of the programs share common features, such as requiring employers who do not offer their own retirement plans to enroll their employees into these state-run programs...
In today’s evolving risk landscape, organizations of all sizes and sectors face a wide range of cyberthreats. Amid advancing attack techniques and growing hacker sophistication, cyber events can arise from various avenues and cause considerable damage, often resulting in prolonged operational disruptions and associated losses....
Health Reimbursement Arrangements (HRAs) are becoming a popular option for some small businesses as they can help them provide health benefit flexibility and business cost savings. However, HRAs can increase administrative complexity and time, overriding the initial reason the business chose a PEO. Here is...
Nuclear verdicts” refer to exceptionally high jury awards in civil cases, typically against companies or institutions, often reaching millions or even billions of dollars. These verdicts, especially common in personal injury, medical malpractice, and trucking accident cases, have been on the rise in recent years....