“Q4 P&C Market Report” & “Q4 COVID-19 Supplement”
The following are key takeaways from The Council of Insurance Agents & Brokers’ Commercial Property/Casualty Market Report Q4 2020 (October 1 – December 31): Q4 2020 was the 13th consecutive quarter of increased premiums, with respondents reporting an average...
2021 Florida WC Rate Decrease
The Florida OIR has accepted NCCI’s amended filing for a 6.6% rate decrease effective 1/1/2021. This is fifth consecutive rate decrease and FL WC rates are now down 39.2% since 1/1/2018. One thing to keep in mind, the decreased rates result in in lower expected...
HR Outsourcing and Why Your Company May Need It
More and more businesses are going the way of outsourcing HR instead of handling those time-consuming tasks themselves. Whether your business is brand-new or has decades of experience, HR outsourcing is an option with a range of benefits that you won't want to miss...
Cyber Liability Insurance Cost: Can You Afford Not to be Covered?
Did you know that it can take months or even longer to recover from a cyberattack? This can wreak havoc on your business's ability to function, causing a major loss in revenue. When it comes to cyber liability insurance costs, you need to determine whether or not you...
What All Business Owners Should Know About Workers’ Compensation
When you’re starting a business, there are a million different things to think about. Business license, hiring, premises, billing, payroll, taxes, and on and on. But one important issue you can’t overlook is that of workers’ compensation. Workers’ compensation...
What Is Risk Management? The PEO’s Role in Risk Management
When you’re starting a business, there are a lot of uncertainties. Will your product do well, will you be able to beat out your competitors, and will you be able to market your business well? But the one absolute certainty you can count on in your business is that...
How Does a PEO Benefit Small Businesses? 7 Top PEO Benefits
You might be wondering how a PEO can benefit your business. Click here to find out about 7 top PEO benefits you need to know!
The Advantages of Commercial Insurance
If you could predict the future, the insurance industry would be dead. Everybody hopes their business runs smoothly and without getting into legal trouble. But when issues arise, the appropriate commercial insurance can relieve any stress. There are so many types that...
4 Interesting Ways Outsourcing HR Functions Affect Small Businesses
$11 billion dollars get lost every year from employee turnover. How do you reduce employee turnover? By having an efficient human resources operation. Human resources management is an important function of any small business. However, it's also a complex one that...
Commercial Business Insurance 101: Everything You Need to Know
Whether you consider yourself a legend in business management, or you’re getting into business for the first time, the truth is you’re human and are prone to error. Each decision you make has consequences that come with it. Operating a business is almost like Russian...
Got HR Issues? 10 Reasons You Should Outsource Human Resources Services
In the U.S., there are over 30 million small businesses employing over 58 million people. The government defines a small business as one with 500 employees or less making revenue of $1 million dollars per year. Small businesses face challenges their larger...
Are You Prepared for Computer Security Threats to Your Company?
Are You Prepared for Computer Security Threats to Your Company? With the continuing growth of the digital world, computer security threats are increasing in number and severity. Unfortunately, in this day and age, even hospitals are being hacked and forced to pay ransoms. Studies show that cybercriminals are expected to steal 33 billion records from businesses in 2023. Half of […]
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