roperty insurance rates continue to rise across the board, but for high net worth homes, the marketplace is the hardest one in decades. Capacity is shrinking, and fewer carriers are willing to accept the risk of insuring high-dollar properties in catastrophe-exposed areas. In 2022, several large carriers that insured multi-million-dollar…

The Ukraine-Russia war has brought the concept of war exclusions into relief. Most policies include war exclusion clauses, and the conflict is undoubtedly affecting coverages. — A war exclusion clause is found in most insurance policies. It specifically excludes coverage for acts of war, such as invasions, insurrections, revolutions, military coups and terrorism. The definition of war can also apply to damages sustained in locations that are not located in the countries of war. These types…

Why is pay transparency important? The practice helps ensure fair pay, attract and retain qualified employees, improve morale and shape organizational culture. “Pay transparency” has come to mean the degree to which employers are open about employees’ compensation: what, why, the means which and how much employees are compensated.1 Measuring…

These days, it’s unusual to find employers that don’t offer employee health and wellness programs for everything from weight loss and overall fitness programs to biometric screenings, smoking cessation, and chronic disease management and prevention. But do they improve employee health and job performance while reducing absenteeism and healthcare spending…

Now that industrial hemp has been legalized federally, large agribusinesses and small farmers alike are embracing this new opportunity. From building materials to food, beauty and health products, America’s newest commodity has high earning potential. At more upwards of $10K/acre, though, hemp is expensive to plant. Taking care of it…

Here are planning for retirement checklists for different ages as you approach retirement. If you have more than 10 years before retirement: Contact your retirement advisor to help lay the foundations for retirement. If you don’t have an advisor, it’s time to meet with one. Create some basic life plans…

In today’s competitive business environment, benefits administration encompasses the entire construct of employee benefit planning, from design, pricing, and compliance, to communication, implementation, and everyday management. …

Across North America, cannabis businesses are rolling in green. Cash, that is. In 2018 alone, investors funneled $10 billion into marijuana businesses across the U.S. and Canada — twice what was invested in the last three years combined. …

Cyber security awareness means different things to different people. To end-users in your organization, it means being mindful of the risks they can introduce when they browse the web, check email and interact online. …