News
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
Medical Debt’s Impact on Employees
May 13, 2023
Many workers in the United States struggle with medical debt. According to a recent survey of American workers by consumer financial health organization Financial Health Network, 37% of employees have medical debt, and 32% struggled to pay their medical bills last year. As health care costs continue to increase in the United States, so does…
Read MoreKaren Shannon – ESOP Interview Spotlight
May 7, 2023
1. How does being in an ESOP affect how you interact with clients (both current and potential)? My philosophy is to do what’s right for the client and everything else will come. My goal is to consistently exceed the client’s expectations. We’ve integrated that rating scale into our BCD Client Satisfaction Survey that we…
Read MoreWhite House Announces New Actions to Promote Responsible AI Innovation
May 7, 2023
On May 4, 2023, the White House announced new actions to promote responsible innovation in artificial intelligence (AI) in the United States and protect people’s rights and safety. This announcement builds on the Biden administration’s ongoing efforts to advance a comprehensive approach to AI-related opportunities and risks. This announcement is part of the White House’s…
Read MoreWHO Declares End of COVID-19 Global Health Emergency
May 7, 2023
On May 5, the World Health Organization (WHO) announced that the COVID-19 pandemic is no longer a global health emergency after three years. WHO officials explained that although COVID-19 continues to spread and evolve, its threat at a global level is now at a much lower level of concern. They stressed that the COVID-19 pandemic…
Read MoreTeresa Foster – ESOP Interview Spotlight
May 4, 2023
1. How do you think being in an ESOP can affect work culture? I think it affects work culture by giving me the sense that my input really does matter and that increases my performance by wanting to do well to provide not only for our clients but my coworker’s as well. The commitment I…
Read MoreJeff Chronister – ESOP Interview Spotlight
April 22, 2023
What does being in an ESOP mean to you? For me, the ESOP has always been a gamechanger. It is the reason I left a successful career in the banking industry. If we continue to keep pace with our last few years of growth, my espouse will be at least half of my overall retirement!…
Read MoreInsights From Biden’s Proposed $325 Billion Paid Family Leave Program
April 19, 2023
Today in the United States, workers are not guaranteed paid leave by federal law, and many aren’t entitled to unpaid time. To address this issue, President Joe Biden released a budget plan earlier this year, allocating $325 billion to a permanent paid family and medical leave program. The Family and Medical Leave Act (FMLA) is…
Read MoreESOP Interview Spotlight – Elizabeth Albin
April 8, 2023
1. What does being part of an ESOP mean to you? "Being part of an ESOP is very important to me. It is a financial security knowing that I will eventually be able to benefit from the success of our company and what we all do every day. I will be able to retire, travel,…
Read MoreESOP Interview Spotlight – Mindy Pippin
April 2, 2023
1. What do you appreciate about the ESOP most? "The collaborative work environment it creates. All employee-owners have something to gain when the company is successful. I have experienced a lot of team effort over the years. My co-worker’s willingness to help and offer solutions is priceless. It really does draw a group of creative,…
Read MoreThe Benefits of XDR
March 26, 2023
Extended detection and response (XDR) is a cybersecurity solution that offers businesses end-to-end visibility, detection, investigation and response across multiple security layers. XDR is an evolution of endpoint detection and response (EDR)—a cybersecurity offering that continuously monitors threat information and endpoint data to detect and respond to ransomware and other types of malware. However, EDR…
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