Loss trends are still outpacing rate changes. Also, the U.S. P/C industry statutory combined ratio will likely hit 108 in the coming months, a 3.5 percentage point rise and the weakest result in 15 years, Fitch Ratings noted in a new report. Continue reading
(Bloomberg) — The potential for terrorists to pack small consumer drones with explosives or to use them as weapons has become a “tangible reality” in the U.S. that keeps security teams awake at night, two officials said. Continue reading
Currently, implementing a Small Business HRA midyear doesn’t qualify employees for a special enrollment period. That means only employees with existing minimal essential coverage, whether through their own individual policy or a spouse’s plan, will be able to access Small Business HRA funds prior to open enrollment. Continue reading
Personal Protective Equipment (PPE) is the second line of defense for protecting your hands from injuries. There are many glove selections for different applications. Using an ill-fitted glove is just as dangerous as not using a glove at all.
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There are many advantages to employing workers across state lines. Businesses Compliance Concerns with Multistate Health Insurancecan choose from a larger talent pool, and surveys show that remote employees are happier and more productive on average than in-office employees. Continue reading
Firms considering cyber coverage should begin by assessing their risks and perils and considering whether these are already covered or excluded by other policies, says a report issued Thursday by the Risk & Insurance Management Society Inc. Continue reading
Automobile accidents can be scary and stressful for all parties involved. Sometimes in the moment we may not think about everything to do after the accident has taken place. Part of the process is dependent on automobile coverage and what the insurance carrier requires of the insured after an accident. Being aware of what is expected and required as a driver can prepare you for when an accident takes place. Continue reading
One of the biggest concerns multistate businesses face is how to provide health benefits to workers scattered across the country. If this sounds like your business, here are five questions to ask when considering your benefits options Continue reading
