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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

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Key Manufacturing Trends to Watch in 2025

Key Manufacturing Trends to Watch in 2025

January 26, 2025
As 2025 begins, manufacturing businesses must be mindful of the trends impacting the industry. Monitoring the latest developments and appropriately adjusting operations and risk management practices in response to them is crucial, as each significantly impacts the success and public perception of a business. Trends to watch in the upcoming year include:  Talent  Recruiting and…
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Supporting Mental Health for Safer Workplaces

Supporting Mental Health for Safer Workplaces

December 27, 2024
Mental health issues, such as stress and anxiety, often lead to distractions, reduced attention to detail and slowed reaction times, increasing the risk of workplace accidents. Similarly, depression and fatigue can also lead to mental exhaustion, impaired judgment and reduced decision-making abilities, further amplifying safety risks.  Taking proactive measures to support employees’ mental health can…
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Parking Lot Safety

Parking Lot Safety

December 1, 2024
A safe parking lot is an important but often overlooked part of a business’s risk management plan. A well-maintained lot helps prevent injuries, minimizes liabilities and contributes to a positive customer experience, strong reputation and improved employee morale. While safety efforts often focus on commercial buildings, it is equally important for business owners to ensure…
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Mitigating Supply Chain Risks

Mitigating Supply Chain Risks

November 24, 2024
Consumers have come to expect numerous options, instant shipping and fast delivery, making a smoothly operating supply chain essential. However, the nature of supply chains can lead to unexpected bottlenecks, delaying production or shipments and impacting an organization’s ability to meet customer demand. These delays can also disrupt cash flow and damage customer loyalty as…
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Navigating Employer Risks of Hosting a Company-sponsored Party

Navigating Employer Risks of Hosting a Company-sponsored Party

November 16, 2024
Workplace celebrations can help create an enjoyable workplace, resulting in high morale and low turnover rates. These events can provide an excellent opportunity for employees to network and socialize with their co-workers in a fun environment. However, work-related parties and events present several safety and liability risks that business leaders need to address to ensure…
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The Fake TSA Precheck Email

SCAM OF THE WEEK: The Fake TSA Precheck Email

November 9, 2024
Many air travelers turn to TSA PreCheck for its quickness and ease. TSA PreCheck is a US airport screening program that allows you to get through airport security with fewer steps and without waiting in long lines. But cybercriminals take advantage of this tool to trick travelers. In this scam, you receive an email that…
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Small Buisness Insights - Protecting Your Business from Lawsuits

Protecting Your Small Business From Lawsuits

November 5, 2024
Small businesses in all industries face the potential of lawsuits. These disputes can require substantial money, time and effort, and they can damage a company’s reputation, regardless of the case’s merits or outcome. Considering these ramifications, it is vital for business leaders to take steps to limit the probability of lawsuits being filed and to…
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Small Business Insights - Factors That Affect Small Businesses' Insurance Costs

Factors That Affect Small Businesses’ Insurance Costs

October 12, 2024
Regardless of industry, small businesses encounter a variety of risks in their everyday operations. These exposures can lead to significant financial losses, making it crucial to secure tailored insurance policies. However, there is no one-size-fits-all solution for all organizations; risk profiles vary widely, and several factors affect insurance costs. Understanding these influences is essential for…
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Preventing Age Discrimination in the Workplace

Preventing Age Discrimination in the Workplace

September 27, 2024
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…
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Coverage Insights - Contingent Business Interruption Insurance for Cyber Events

Contingent Business Interruption Insurance for Cyber Events

September 8, 2024
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…
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