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Many businesses use artificial intelligence (AI) chatbots to enhance operational efficiency and improve customer satisfaction. However, as organizations increasingly adopt this tool, they may expose themselves to several vulnerabilities. It is imperative for business leaders to recognize these risks and take proactive steps to mitigate them. For example, utilizing AI chatbots without proper safeguards can…

Businesses delivering professional services face significant legal risks in today’s lawsuit-conscious environment. Consumers are increasingly holding companies accountable for the advice and expertise they provide, and even minor missteps in delivery can result in costly legal consequences. These risks are not limited to traditional professions like medicine or law; any business offering specialized knowledge or…

On Oct. 9, 2025, the IRS released Revenue Procedure 2025-32 (Rev. Proc. 25-32), which includes the 2026 inflation-adjusted limit on employee salary reduction contributions to health flexible spending accounts (FSAs). For plan years beginning in 2026, the adjusted dollar limit on employees’ pre-tax contributions to health FSAs increases to $3,400. This is a $100 increase…

Fall brings cooler temperatures, vibrant foliage, and a natural shift toward cozy routines and reflection. These changes can positively impact your physical and mental well-being, offering a chance to reset and embrace healthy habits. Fall often ushers in a season of transition, bringing fresh school routines, shifting schedules and the bittersweet farewell to summer. This…

Nearly 1 in 4 American adults provide unpaid care to family, friends or loved ones with special needs. Research by AARP and the National Alliance for Caregiving found that the number of family caregivers jumped from 59 million in 2015 to 63 million in 2025. Of the current figure, almost one-third are part of the…

Manufacturing settings carry a wide range of risks, largely due to the use of complex machinery and equipment and potentially hazardous materials. As such, properly servicing equipment is essential to maintain smooth operations and avoid potential losses. Without sufficient servicing measures in place, manufacturing equipment could have a shortened lifespan and be more prone to…

The average cost of a data breach in the U.S. soared to an all-time high of $10.22 million, even as the global average cost dropped 9% to $4.44 million, according to IBM’s Cost of a Data Breach Report 2025.  The firm attributed the 9% rise in U.S. breach costs to regulatory fines and “higher detection…

Many parents and kids may be excited for school to start after a long summer. However, the new school year may come with new or recurring challenges. Working parents with school-age children often need to establish new routines, manage an influx of activities, prepare healthy meals and snacks, and help ease any back-to-school anxiety. The…

On June 27, 2025, the U.S. Supreme Court upheld a key component of the Affordable Care Act’s (ACA) preventive care mandate. As background, the ACA requires non-grandfathered health plans and health insurance issuers to cover a set of recommended preventive services without imposing cost-sharing requirements, such as deductibles, copayments or coinsurance, when the services are…

Direct damage coverage is a major component of commercial property insurance. It helps pay the cost of repairing or replacing an organization’s property after it has been damaged or destroyed by a covered loss. Generally, five essential policy requirements must be met for this coverage to apply.  1. Direct Physical Damage  First, the loss must…