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Inflation Added Up to $106B to Auto Liability Losses From 2013–2022

By |2023-10-23T18:30:07+00:00October 20th, 2023|Blog, Personal Insurance, Trending|

Inflation—both social and economic—drove personal and commercial auto liability claim costs an estimated $95 billion to $106 billion higher than they would otherwise have been between 2013 and 2022, according to a new report from the Insurance Information Institute (III).

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Managing End-of-Life Software

By |2023-10-23T20:41:22+00:00October 18th, 2023|Blog, Risk Management, Safety Tips, Trending|

At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, upgrades, bug fixes and security fixes. As a result, end-of-life software will have known vulnerabilities that cybercriminals can easily exploit. This article discusses the risks of continuing to use end-of-life (EOL) software and discusses best practices for organizations to mitigate this risk.

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Report Finds Healthcare Spending Expected to Exceed Overall Economic Growth

By |2023-10-26T17:27:13+00:00October 17th, 2023|Blog, Employee Benefits, Trending|

A recent survey found that 81% of employees want more information about company-sponsored benefits throughout the year, yet 47% don’t know enough to make informed choices during open enrollment. With open enrollment season approaching, human resources teams may want to look at some new strategies to close these communication gaps.

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Safety Matters: Fall Protection and Safety

By |2023-10-26T18:17:19+00:00October 16th, 2023|Blog, Risk Management, Safety Tips, Trending|

With the enormous amount of sensitive information stored digitally, companies need to take the proper measures to ensure this data is never compromised. Ultimately, it is the responsibility of business owners to protect their clients’ data. Failing to do so can result in a data breach, which costs companies billions of dollars every year. Understanding the risks involved with data security can help you prevent a privacy breach.

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Managing Cybersecurity During a Merger or Acquisition

By |2023-10-12T14:58:02+00:00October 12th, 2023|Blog, Risk Management, Safety Tips, Trending|

During a merger or acquisition, insurance policies and finances need to be scrutinized and the future of employees addressed. Cybersecurity is often put on the back burner, which is unfortunate, because this is a time when company data is at its most vulnerable. Data transfers must proceed without a hitch, or else the companies risk damaging reputation, losing customers and hurting future sales. Additionally, legal responsibilities must be upheld before, during and after the data transfer process.

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Seven Strategies for Helping Employees Understand Their Benefits

By |2023-10-06T15:12:04+00:00October 5th, 2023|Blog, Employee Benefits, Trending|

A recent survey found that 81% of employees want more information about company-sponsored benefits throughout the year, yet 47% don’t know enough to make informed choices during open enrollment. With open enrollment season approaching, human resources teams may want to look at some new strategies to close these communication gaps.

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9 Controls to Know this National Cybersecurity Month

By |2023-09-27T20:31:23+00:00September 27th, 2023|Blog, Risk Management, Safety Tips, Trending|

October is National Cybersecurity Awareness Month. During this annual event, government and cybersecurity leaders and the insurance community come together to raise awareness about the importance of cybersecurity.

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Impactful Ways Construction Companies Can Manage Expenses

By |2023-09-29T15:08:09+00:00September 25th, 2023|Blog, Construction, Trending|

The most impactful way for construction companies to drive down and increase control over major expenses, and find a solution to positively impact their future, is to be aware of their employee benefits costs.

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General Servicing Precautions for Wells

By |2023-09-27T20:57:44+00:00September 17th, 2023|Blog, Energy, Safety Tips, Trending|

Working on existing wells to restore or increase oil and gas production is an important part of today’s petroleum industry, yet these operations present many occupational hazards for workers. The following list highlights potential hazards and safety solutions to promote a hazard-free work environment.

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