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Construction

Delays, Higher Insurance Costs Burden Owners, Contractors

3 minute read Increasing construction project delays are combining with a hardening market for builder’s risk and liability insurance to create headaches for project owners and contractors. If your project suffers from delays, you may find it difficult or costly to extend the length of your insurance coverage as insurers have tightened their underwriting policies […]

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Pandemic Spurs Supplemental Benefits Uptake Among Workers

2.5 minute read A new study has found that in response to the COVID-19 pandemic nearly half of U.S. workers added one new supplemental health-related benefit on top of their group health coverage. The 2021 “Aflac WorkForces Report” found that 44% of employees bought one additional benefit, with life insurance policies seeing the biggest uptake.

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Commercial Insurance Rate Hikes to Continue in 2022

3 minute read Rates for most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been most pronounced in liability coverages. The composite rate for commercial insurance pricing

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COVID-19 Home Test Kits Reimbursable under FSAs, HSAs

1 minute read Under new guidance issued by the IRS, at-home COVID-19 testing kits will be considered a reimbursable medical expense under the three main health care savings vehicles offered to employees. This new guidance adds to the list of personal COVID-19-related expenses for which employees can seek reimbursement under: Health savings accounts Health reimbursement

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You Can Be Sued if a Customer Harasses Your Staff

3 minute read With confrontations between angry customers and employees just trying to do their jobs increasing during the COVID-19 pandemic, employers need to make sure they have policies in place to protect workers who are confronted. As well, many customer-facing companies — mainly retailers, restaurants, retail printers and entertainment venues — have seen an

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