Month: July 2018

Many small employers are turning to self-funding to provide economical group health benefits to employees. A growing number now use reference-based pricing to lower costs. Reference-based pricing is a way for employers who self-fund their benefits to limit costs by paying a fixed amount for... Find out more »

Smoke detectors and fire extinguishers are important but the best way to fight a fire is to prevent it from starting. When it comes to fires, residential fires come to mind first. But commercial properties are also vulnerable. The National Fire Protection Agency reported 113,500 non-residential... Find out more »

As with almost every other industry, the digital world is bringing changes to the insurance industry. The speed and convenience of digital transactions that shoppers and banking customers appreciate are now coming to insurance claims handling. In a study by LexisNexis Risk Solutions, 24... Find out more »

Many employees rely heavily on the money they put into their employer-sponsored 401(k) account to pay for their retirement. The last thing they want is for the money to be stolen by cyber thieves. Cybersecurity is a growing concern. When Equifax, a credit reporting agency, was hacked in... Find out more »

Less than 37 percent of small business owners feel they have adequate cyber liability insurance protection, according to a new study conducted by The Hanover Insurance Group, Inc., and Forbes Insights. The National Association of Insurance Commissioners (NAIC) has identified the main cyber risks... Find out more »

DEERFIELD, IL (July 10, 2018) — Alera Group announced it has acquired a controlling interest in The Insurance Alliance of Central Pennsylvania (“The Alliance”), effective July 1. The Alliance provides support to 10 firms in Pennsylvania, including three firms that were previously... Find out more »

Enjoying the end of a holiday week with a day on the water? Renters beware! The weather is beautiful, the family is excited, and you’re off for a day on the water. At the local marina, you sign up for a day’s rental, fill out the rental agreement, waiver forms, and they copy your valid... Find out more »

These eight steps will help you create an effective workers’ compensation claims management procedure. But getting the first step right is probably the most important thing you can do to ensure you get all the other steps right, too. 1. Support a workplace where there is trust and mutual... Find out more »