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Lithium-ion Batteries May Cause Fire Hazard

By |2023-05-24T15:48:18+00:00May 1st, 2023|Blog, Risk Management, Safety Tips, Trending|

The number of fires stemming from the lithium-ion batteries commonly found in electronic bikes (e-bikes) is rapidly rising, according to the National Fire Protection Association. In 2022, at least 19 people died in the United States because of fires or overheating incidents related to battery-powered products. In New York City alone, the batteries caused 216 fires, resulting in 147 injuries and six deaths in 2022.

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National Hurricane Preparedness Week Starts April 30

By |2023-05-25T16:07:57+00:00April 27th, 2023|Blog, Personal Insurance, Risk Management, Trending|

It is essential to be properly prepared for hurricane season, as these storms carry significant risks to safety and property. To raise awareness of the dangers of hurricanes, the National Oceanic and Atmospheric Administration (NOAA) annually sponsors National Hurricane Preparedness Week. This year, it runs from April 30 to May 6, 2023.

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Cannabis State of the Market

By |2023-06-05T16:28:38+00:00April 26th, 2023|Blog|

The cannabis industry continues to grow rapidly. Just two years ago, the global market was valued at nearly $18 billion dollars. Expected to expand at a compound annual growth rate of more than 25% over the next several years, the industry is expected to be worth a staggering $134.4 billion by 2030.

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May is National Wildfire Awareness Month

By |2023-05-25T16:08:54+00:00April 25th, 2023|Blog, Personal Insurance, Risk Management, Trending|

Each May, the Ready Campaign—launched in 2003 by the Federal Emergency Management Agency—promotes National Wildfire Awareness Month. The goal of this initiative is to encourage and empower people to prepare for, respond to and mitigate wildfires.

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President Vetoes Attempt to Overturn ESG Rule

By |2023-04-24T17:39:32+00:00April 24th, 2023|Blog, Employee Benefits|

On March 20, President Joe Biden vetoed the US Senate’s vote to overturn the Environmental, Social, and Governance (ESG) rule, which allows retirement plan fiduciaries to consider ESG factors when selecting investments.

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Tripledemic Presents More Challenges for Employers

By |2023-04-24T16:47:41+00:00April 23rd, 2023|Blog, Employee Benefits|

Employers across various industries face unprecedented challenges as they deal with the surge in employee absences caused by the simultaneous spread of COVID-19, flu, and respiratory syncytial virus (RSV).

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Proposed Federal Paid Family Leave Program Likely to Face Challenges

By |2023-04-24T17:08:59+00:00April 22nd, 2023|Blog, Employee Benefits|

President Joe Biden recently proposed a $325 billion federal paid family and medical leave program as part of his $6.8 trillion budget plan for the fiscal year 2024. Despite the president's push for extended family support and paid time off, the program's passage faces uncertainty due to anticipated opposition from Republican lawmakers.

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How to Provide Benefits Equitably for Both Remote and Onsite Employees

By |2023-04-24T20:35:15+00:00April 21st, 2023|Blog, Employee Benefits|

The COVID-19 pandemic has had far-reaching effects on the world of work, including a rapid shift in employee benefits needs and preferences. Employers are now recognizing the importance of reconsidering their offerings to accommodate both onsite and remote employees.

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Industry Paper Warns of the Hardest Property Market in a Generation

By |2023-04-21T16:36:05+00:00April 20th, 2023|Blog, Commercial Insurance, Trending|

Insurance buyers face the hardest property insurance market in a generation, with historic inflation and skyrocketing natural disaster losses causing “significant pressure,” according to a new report from the American Property Casualty Insurance Association (APCIA).

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Harnessing AI and Data Science to Revolutionize Workplace Safety

By |2023-04-24T17:44:01+00:00April 19th, 2023|Blog, Employee Benefits, Trending|

Artificial intelligence (AI) and data science are having a transformative impact on workplace safety. By utilizing cutting-edge technology, companies can analyze their operations and workforce to identify risks specific to their organization, creating tailored solutions that go beyond general safety measures.

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