Reduce your risk of HIPAA penalties with Compliance Continuity. The Department of Health and Human Services (HHS) has the authority to levy multi-million dollar penalties on organizations for HIPAA violations, and is not hesitant to do so. Our focus this month will be on critical compliance efforts under the HIPAA Privacy and Security Rules to not only avoid HHS penalties, but also to provide a solid framework for protecting employee and dependent health plan information.
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Young talent has shied away from the energy industry, making benefits key tools to attract recruits. This addendum to the Benefits Strategies & Benchmarking Survey examines the trends shaping energy employers’ benefits planning.
Manufacturers struggle to offer sustainable benefits while meeting operational goals. This addendum to the Benefits Strategies & Benchmarking Survey report gives in-depth data on manufacturers and insights on how better benefits means better work.
Scholastic employers are eager to attract new teachers and retain experienced educators. But how do they compete when budget growth is slow? This addendum to the U.S. survey report on total compensation strategies provides data and insights that point the way to better outcomes through better benchmarking.
Fiduciary Liability renewals were stable in 2018, and this coverage line continues to be the least affected in Management Liability. There have been sizable fiduciary liability settlements in the past 24 months that are noteworthy. We anticipate a minor impact in the market condition as markets begin to adjust for loss trends across all management liability lines.
The question of “how much liability insurance should I have” is actually a very complex one that involves consideration of many factors, including whether the named insured is an individual or a company, the type of corporate vehicle (C Corp, LLC, partnership), the financial worth of the named insured individual or company, the applicable laws of the state in which the individual or corporation is located, and even the risk tolerance or willingness to accept risk versus the cost of purchasing higher liability limits.
The United Kingdom, especially London, has historically been an insurance hub,especially for management liability coverage. During the U.K.’s time in the European Union, its market grew considerably, thanks, in part,
The first PPACA reporting season presented numerous challenges for employers including problems resulting from an inadequate IRS electronic filing system. Since then the IRS has improved its filing system and we have learned how to avoid many common pitfalls. Check out our recorded webinar.
The wholesale industry addendum to the Benefits Strategies & Benchmarking Survey report provides data and insight to improve employee engagement, reduce turnover and become a destination employer that delivers better work through better benefits.
As we look to forecast the state of the D&O marketplace in 2019, there is plenty of data to review and much of it is noteworthy. If 2017 was a year in flux, then 2018 began to turn the corner into a market with dramatically more underwriting discipline and backbone than anything in the previous 10 years outside of the financial and homebuilding sectors during the most recent financial crisis.