News
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
Identifying and Responding to Phishing Scams
May 31, 2026
Phishing is a type of cyberattack that utilizes deceptive electronic communications to manipulate recipients into sharing sensitive information, clicking on malicious links or opening harmful attachments. While emails are the most common delivery method of phishing scams, cybercriminals may also use text messages, social media interactions, fake or misleading websites, or even phone calls. Employees…
Read MorePreparing Jobsites for Severe Weather
May 31, 2026
Severe weather conditions can be detrimental to worksites by damaging equipment, compromising structural integrity, delaying project timelines, and putting workers at risk. However, employers can take measures to reduce these risks. This article outlines common weather hazards affecting construction sites and provides practical steps employers can take to prepare for severe weather. Types of Weather…
Read MoreInvesting in Training for High-turnover Roles
May 23, 2026
High turnover has long been treated as an unavoidable cost of doing business in industries such as retail, food service, hospitality, manufacturing and other frontline operations. In roles with frequent turnover, organizations often hesitate to invest in training, questioning the value of developing employees who may not stay long. Yet this assumption is increasingly being…
Read MoreHow Agentic AI Is Changing the Cyberthreat Landscape
May 16, 2026
Artificial intelligence (AI) is undergoing a fundamental shift. Systems that once served as assistive tools — such as predictive models and generative AI — are now evolving into agentic systems capable of planning and executing complex, multistep tasks with minimal human input. As AI systems' ability to plan and execute tasks autonomously accelerates, so too…
Read More5 Tips to Maximize Your Benefits This Spring
May 16, 2026
Spring is a natural time for fresh starts, making it a great time to take stock of your health and the benefits that support it. Whether you're still settling into a new plan year or just looking for ways to get more value from your coverage, this article provides five tips to help you make…
Read MoreThe Consent to Settle Clause and How it Impacts Liability Coverage
May 9, 2026
When businesses face liability insurance claims, they may mistakenly assume that the insurer decides when to reach a final settlement amount. However, this isn’t always the case. Some liability policies, particularly professional liability coverage, include a consent to settle clause. This policy provision requires an insurer to obtain the insured's approval before officially settling a…
Read MoreIRS Releases ACA Pay-or-Play Penalties for 2027
May 9, 2026
On May 4, 2026, the IRS released updated penalty amounts for 2027 related to the employer shared responsibility (“pay-or-play”) rules under the Affordable Care Act (ACA). For calendar year 2027, the adjusted $2,000 penalty amount is $3,780, and the adjusted $3,000 penalty amount is $5,670. This is an increase from the penalty amounts for the…
Read MoreOSHA Proposes Rule to Remove Its Walking-Working Surfaces Standard Deadline
May 4, 2026
OSHA recently published a proposed rule to remove the Nov. 18, 2036, deadline in its Walking-Working Surfaces standard. This standard would have required all fixed ladders extending more than 24 feet above a lower level to be equipped with personal fall arrest systems or ladder safety systems by this deadline. Background One of the more…
Read MorePreparing for an Extra Biweekly Payroll Period in 2026
May 3, 2026
Employers use one of a few standard payroll cycles. While some follow a monthly or weekly period, most have a semi-monthly (twice per month) or biweekly (every other week) schedule. In fact, biweekly is one of the more common payroll cycles, with 43% of employers following this cadence, according to a report from the Bureau…
Read MoreTreasury, IRS Publish List of Occupations Qualifying for No Tax on Tips
April 26, 2026
On April 13, 2026, the U.S. Department of the Treasury (Treasury) and IRS issued final regulations on the "No Tax on Tips" provision enacted under the One Big Beautiful Bill Act (OBBBA). The final regulations are effective on June 12, 2026. Background On July 4, 2025, President Donald Trump signed a tax and spending bill,…
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