The demands for environmental compliance are continually changing. Most company stakeholders – customers, neighbors, shareholders, et al. – expect and assume that environmental stewardship is a management priority. Does your insurance broker recognize this priority? Is your broker helping you manage it? The answers to the following questions will help you evaluate your environmental issues and vulnerabilities…
Making a property transaction? Environmental insurance can give assurances to the bank financing the deal that the property being acquired won’t interfere with your ability to service the loan. Learn more…
The broad definition that anything can potentially be deemed a pollutant, coupled with the fact that for more than 40 years most Commercial General Liability policies have contained pollution exclusions, ultimately leaves most manufacturers without adequate protections against third party claims. Learn how most manufacturers realize their vulnerablity to environmental issues in a column that was originally published by Crain's Cleveland Business on May 21, 2016.
How employers can mitigate the impacts of New Overtime Laws
Earlier this week in a webinar hosted by Ogletree Deakins, Armada Risk Partners shared several likely direct and indirect impacts of the new salary and overtime regulations. Ultimately, the effect on employee benefit plans will be driven by the approach each employer takes to mitigate its particular challenges.
Does your broker’s plan have you ready for the 2020 tax?
Have you taken actions to avoid paying the Cadillac Tax on your employee health insurance program? Starting in 2020, the Affordable Care Act (ACA) imposes a 40% excise tax on any employer-sponsored health care coverage that exceeds annual indexed dollar limits.
Health care inflation has increased with the arrival of the Affordable Care Act. Most employers are struggling with rising health care costs. Many mid-sized companies simply don’t have the data to begin evaluating cost drivers and devise solutions to counter these. Data is critical because not all solutions apply to companies of equal size.
Worksite wellness programs have grown in prevalence, yet their promises of gains from lower health insurance utilization and increased productivity are under realized for most. Employers of choice or highly desirable work environments, however, have identified the barriers to realizing these gains and are employing a strategy that encourages employees to secure rewards in health and wealth.
