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Age discrimination, or ageism, in the workplace involves treating an applicant or employee unfavorably because of their age. The Age Discrimination in Employment Act (ADEA) prohibits age discrimination against those aged 40 or older in all aspects of employment, including hiring, firing, pay, job assignments, promotions, layoffs, training and benefits. Some states also have laws…

In today’s evolving risk landscape, organizations of all sizes and sectors face a wide range of cyberthreats. Amid advancing attack techniques and growing hacker sophistication, cyber events can arise from various avenues and cause considerable damage, often resulting in prolonged operational disruptions and associated losses. With this in mind, it’s crucial for organizations to secure…

On Aug. 19, 2024, the IRS issued Notice 2024-63, providing interim guidance for sponsors of 401(k) and similar retirement plans that provide or wish to provide matching contributions based on qualified student loan payments (QSLPs) made by their participating employees. Background The Consolidated Appropriations Act of 2023 was signed into law in late 2022 and…

In today’s increasingly litigious environment, lawsuits stemming from liability incidents have surged in frequency and severity, leaving many organizations with substantial losses. Due to the complex nature of these losses, they could potentially surpass organizations’ primary liability coverage limits, which refer to the maximum amount that an insurer will pay toward a claim. In these…

Responsible homeownership requires you to take stock of risks and exposures, particularly when allowing others to live in a home you own. When renting out your home, you should generally ensure you have insurance that includes coverage for the following: The right insurance for renting out your home may vary depending on your location, the…

Although most service professionals prioritize taking good care of their clients and providing them with the best possible guidance, mistakes can still happen. When these errors occur, clients could face considerable harm, prompting them to hold service professionals accountable for their wrongdoings and leading to costly lawsuits. Fortunately, that’s where professional liability insurance can help.…

On July 2, 2024, the U.S. Department of Labor’s (DOL) Occupational Safety and Health Administration (OSHA) announced an unofficial version of the proposed standard to protect workers from heat injury and illness. If finalized, the new standard would apply to all employers conducting indoor and outdoor work in all general industry, construction, maritime and agricultural…

1. What do you like most about your role? I love that I am able to support everyone in my department. I love taking on the projects that make the lives of our team and, especially, our clients easier. 2. How do you think being in an ESOP affects work culture? I think it leads…

Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on Compensation Insurance (NCCI), the segment produced combined ratios of 84.5 and 84.9 in 2022 and 2023, respectively, demonstrating continued profitability. Industry experts initially reported that reserve redundancies stemming from reduced presumptive liability…

1. What is your favorite thing about your role / job position? After starting an agency from scratch and being responsible for every aspect every day from payroll to sales it is awesome to be a part of a large team. I don’t know if everyone that works here realizes what an amazing management team…