We recently partnered with the Maryland Construction Network (MCN) and FCCI to create an exclusive insurance program for the MCN members. This is a game changer for the members with an opportunity to receive immediate insurance benefits on their business and surety needs.
SWT Process vs. Traditional Broker Process
Often enough organizations treat the insurance renewal like the red headed step child. In reality when insurance costs are one of the largest expenses an organization has it should be treated in a much different way. Controlling costs and managing risk is the goal when engaging our SWT Process. The below information flyer spells out…
Emerging Risks Report Q1 ’18
There are many risks that can impact an organization not just monetarily but intangible impacts such as loss of productivity, damage to reputation, employee turnover, etc. Below is a summary list of emerging risks that XL suggests as top risks in the first quarter of 2018. Do you agree? Sexual Harassment Claims Recent media attention…
Is your website ADA compliant?
In the quick paced world we live in there is always a new risk lurking around the corner. If you have not heard already there are law firms scouring the internet for websites that fail to comply with ADA requirements. Did you know this? How are you addressing this very real risk? This can cost…
Update on the 831-B Captive
On March 23rd of this year President Trump signed into law the HR 1625, the Consolidated Appropriations Act of 2018. In summary the law does: Increased the maximum annual premium limitation for section 831 – B Captives from $1.2M to $2.2 and provided for inflation adjustment increases for future years. It implemented additional requirements to…
Mid-Week Risk Review Series – introduction
According to most studies, people’s number-one fear is public speaking. Number two is death. – Jerry Seinfeld
Public speaking is undoubtedly a massive anxiety builder for many, even most people. I have found those who are most comfortable with the topic they are discussing and those that exude confidence in themselves usually have the greatest chance of overcoming the fear and using it as a wonderful platform to expand and grow their…
New OSHA Silica Ruling
The new Silica standard went into effect on September 23, 2017 nationally while Virginia used the July 23, 2017 date to implement the standard on a state level. As for federal enforcement a Memorandum was sent out on September 20, 2017. The following is a link to that memorandum: Silica Document Every employer still must…
What does your Employee Engagement look like?
Employee Engagement costs employers in the United States millions of dollars a year in lost productivity. It also contributes to high Employee Turnover costs. If you can clearly identify and manage Employee Engagement your organization will increase profits.
Employee vs. Independent Contractor
The month of June saw a significant development from the Department of Labor (DOL) regarding the ongoing classification of employees versus independent contractors. As you are aware, this distinction is an important one with significant implications for taxes, overtime pay and other benefits. On June 7, the DOL withdrew a 2015 administrative interpretation on classifying…
The Advisor 