Resources

Construction: Risk in a Digital World

When I talk about risk with construction firm owners, the topics immediately go to job safety, workers’ compensation mods, and the ever-increasing need to mitigate…

2020 – Social Media in Professional Services

By: Paul V. Shaheen, RHU, REBC, Vice President / Horton Benefit Solutions What theme do I keep hearing over and over for law firms in…

“Revival Statutes” For Sexual Assault Claims Create Unique Problems Under D&O Insurance Policies

Authored by Todd M. Rowe, Partner at Tressler LLP and Aaron Turner, Practice Group Leader-Management Liability / Risk Advisory Solutions One look at the news and it…

Avoid Falling Victim to Kotecki

By: Kevin Palmer / Corporate Attorney Kotecki is an Illinois appellate court decision that caps employers’ liability in third-party actions filed by its employees (i.e.,…

Knowing Your Loss Ratio

By: Tony Hopkins, CPCU, CIC, CRM, Vice President / Risk Advisory Solutions When it comes to your health, everyone understands the importance of “knowing your…

Interviewing and Choosing a Broker

By: Dan Galos, CWCA, AFIS, SBCS / Sales Executive What is your insurance premium actually paying for? Experience has shown that the absolute best way…

Businesses Turn to Captives to Control Insurance Costs

Captives comprised of similar companies, like general contractors, share best practices for safety and risk management because they have a common financial interest in avoiding…

New Bill Repeals Some Unpopular ACA Taxes

OVERVIEW Last week, the U.S. House of Representatives passed a short-term continuing spending resolution to prevent a government shutdown and continue funding through September 2020.…

Growing competition creates ways Minnesota employers can control healthcare costs

New health insurance choices give Minnesota companies opportunities to manage risk, reduce costs, and control claims. “The market is opening up for creative solutions,” said Erik…

Self-Funded Healthcare Plans With Potential Savings on Stop-Loss Insurance

Companies often turn to self-funded health insurance plans to reduce costs. But larger-than-expected claims the employer might face could negate any savings employers anticipate over…

Beyond the Basics – COBRA Coverage

By: Paul Shaheen, RHU, REBC, Vice President, / Horton Benefit Solutions We hope you are staying warm with this early-arrived winter! A few weeks ago,…

401(k) Contribution Limits to Rise in 2020

Highlights of changes for 2020 Employee annual contributons will increate from $19,000 to $19,500 Employer plus employee contricnbutions will increase from $56,000 to $57,000 For…

Are you prepared for Winter Storms & Extreme Cold? Home Preparedness Review.

While the amount of danger from winter weather varies across the country, nearly all Americans, regardless of where they live, are likely to face some…

Internal OSHA Changes Increase Inspection Likelihood for You

By: Horton Safety Consultants The September 27, 2019 headline, “U.S. Department of Labor Implements New Weighting System for Workplace Safety and Health Inspections,” may not grab…

Co-Op Kitchens: The How’s and What’s

By: Dan Galos, CWCA, AFIS, SBCS, Sales Executive / Risk Advisory Solutions As someone that has tried my hand (and often failed) at home-brewing, I…

About the Illinois Secure Choice Retirement Savings Program

Beginning in 2018, Illinois implemented its state-sponsored retirement program—the Illinois Secure Choice Retirement Savings Program (Secure Choice). This program offers a Roth Individual Retirement Arrangement…

Coinsurance: A Hidden Penalty of Your Insurance Policy

By: Dan Galos, CWCA, AFIS, SBCS, Sales Executive / Risk Advisory Solutions A fire breaks out and burns part of the building where your business…

Biometric Information Privacy Act (BIPA) and the Need for a Cyber Security Plan

By: Aaron Turner, Practice Group Leader-Management Liability / Risk Advisory Solutions A casual review of the news will invariably treat readers to several fear-eliciting articles…

Business Insights – October 2019

As we inch towards 2020, there are many changes confronting employers in Illinois – legalization of cannabis, insurance rate increases and new requirements around sexual…

Protecting Four Critical Company Assets

By: Aaron Turner, Practice Group Leader-Management Liability / Risk Advisory Solutions Insurance brokers can sometimes get bogged down in insurance policy language, details, and comparisons…

Never Forget the Basics – COBRA Coverage

By: Paul V. Shaheen, Vice President / Employee Benefit Solutions As my old hockey coach once said: never forget the basics. After nearly a decade…

Cannabis and Drug Testing in Illinois – Getting Into the Weeds

Illinois is the 11th state to pass legislation allowing the sale and consumption of recreational cannabis. Unlike other states, Illinois amended other laws that protect…

DOL Issues Final Overtime Rule

The final rule’s 2020 effective date leaves little time for employers to prepare for the changes. The U.S. Department of Labor (DOL) announces a new final rule that updates…

Top ten facts about floods, protecting your valuables and umbrella policies

Flood and water damage to a home can be heartbreaking. Discovering you have no insurance coverage can be truly devastating. All homeowners’ policies have standard…