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....
In recent years, a growing number of organizations have implemented stronger cybersecurity measures, including multifactor authentication (MFA). This method requires a user to present two or more unique credentials, such as a password and an additional security code, to verify their identity and log into...
Although most service professionals prioritize taking good care of their clients and providing them with the best possible guidance, mistakes can still happen. When these errors occur, clients could face considerable harm, prompting them to hold service professionals accountable for their wrongdoings and leading to...
The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) administers and enforces the Family and Medical Leave Act (FMLA) for employees of covered employers. The FMLA applies to private employers who employ 50 or more employees in 20 or more workweeks in the...
There’s a reason why the entertainment industry in Georgia is attracting a record number of productions. Recent news from Georgia Entertainment and from Georgia Department of Economic Development puts the state at the top in the country for productions and studio space. With a 20%...
Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on Compensation Insurance (NCCI), the segment produced combined ratios of 84.5 and 84.9 in 2022 and 2023, respectively, demonstrating continued profitability. Industry experts...
Around 27% of U.S. workers quit their jobs in 2023, which, according to a common turnover calculation, cost employers nearly a trillion dollars to replace. Unfortunately, turnover is expected to climb this year, and labor experts predict another form of the “Great Resignation” to take...
Authors: Bruce Wilson and Scott Franzen The first cybersecurity policy was written in 1997. Then, about 10 years ago, the policies started gaining in popularity and became standard coverage in any risk transfer program. You don’t need to do too much research to find out why...