Insurance News

“Phishing,” a type of cyber attack in which a hacker disguises him- or herself as a trusted source online in order to acquire sensitive information, is a common and technologically simple scam that can put your employees and business at risk. However, more resourceful criminals are resorting to a modified and more sophisticated technique called “spear phishing,” in which they use personal information to pose as colleagues or other sources specific to individuals or businesses.

A spear...

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The Importance of Being Prepared

Disasters like hurricanes, tornadoes, floods and earthquakes can strike with little or no warning. To assure that you and your family are prepared, there’s no time like the present to create emergency kits: one for use if you need to evacuate your home and one for use if you get trapped in your home for several days.

Emergency Preparation

To help you evacuate quickly, keep the following items in an emergency backpack...

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This May, we will once again celebrate Global Employee Health and Fitness Month, promoting the benefits of a healthy lifestyle to employers and their employees. In supporting this initiative, companies will be recognizing the importance of physical activity as an important driver of employee health, satisfaction and overall business performance.

Employers can use Global Employee Health and Fitness Month as an opportunity to educate their employees on the benefits of...

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From the moment that you start the pre-hiring process until the exit interview, you are vulnerable to an employment-related lawsuit. As a result, your business should take a hard look at whether it can afford to defend itself against alleged wrongful employment practices accusations. If not, there is an insurance solution called employment practices liability that protects against wrongful termination, discrimination or sexual harassment suits from your current, prospective or former...

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When it comes to money matters, no one likes to be surprised by the feeling that they’ve been shortchanged. That’s why it’s important that you understand how your insurance policy responds to potential personal property losses.

When insuring your personal possessions on your homeowners or renters insurance policy, you have one of two coverage options: insuring for your property’s actual cash value or the cost to replace it. Find out the difference and why we recommend replacement cost...

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Employee benefits can be complex to administer, particularly in terms of taxation. It is important to understand the tax implications for both the employer and employee. This article will explain the general considerations related to the taxation of employee benefits.

Employer Tax Implications

Employers can usually deduct amounts that they spend on employee benefits as a trade or business expense when filing taxes. In order to be deductible as a trade or business expense, the...

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For the unprepared, workers’ compensation (WC) issues can be both confusing and costly. Fortunately for employers, there are ways to actively engage WC issues to influence their outcomes.

Through management controls and active involvement in the WC process, your organization can effectively influence related costs. To do so you will have to establish a number of your own processes that guide decision making throughout your organization.

Areas requiring WC management can be...

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While it’s difficult to pinpoint the monetary consequences of the risks you and your family take each day, are you certain your current liability insurance offers you enough protection?

The Basics of Personal Umbrella Liability Policies

If you are found to be legally responsible for injuring someone or damaging their property without a personal umbrella liability insurance policy, anything beyond the limits of your standard liability insurance coverage will...

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Companies of all sizes are constantly looking for ways to enhance benefit programs, retain valuable employees, and improve productivity. What if I told you there is one strategy that is emerging across the country that can help address all of these objectives at the same time? This strategy involves helping improve the “Financial Wellness” of your employees.

For those of us who have been around a while, the personal finances of employees has been the proverbial third rail of Human...

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Employee benefits have become increasingly complex and costly for both employers and employees. Though benefits are still considered an important factor in recruiting and retaining the best employees, the task of managing benefits has become more difficult while costs continue to rise and regulations increase.  Employers want to spend more time managing their business, not benefits!

Ask an employer what matters most to them when it comes to benefits, and their concerns are almost...

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