Fiduciary Liability renewals were stable in 2017 and this coverage line continues to be the least affected in Management Liability. There have been sizable settlements in this line over the past 12 months that are noteworthy; however these are not anticipated to reflect a change in overall market condition.
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The attempted repeal and replacement of the Affordable Care Act has been one of the most closely watched and anticipated political events of 2017. Attempts to dismantle the signature achievement of the Obama administration have been discussed and debated before our eyes on every news outlet in the United States.
The marketplace for Kidnap and Ransom (K&R) insurance remained stable and competitive through 2017. Premiums are as low as $400 per million limit for companies with limited foreign exposure (locations or travel). For companies with higher exposures including foreign travel and locations, premium is around $1,000 - $3,000 per million of coverage limit.
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download the January 23, 2018 release here.
This Weekly Market Update reviews the top three market headlines: U.S. Industrial Production Picks Up In December, 10-Year Yield Pushes Above 2.6% and U.S. Household Debt Hits Record
Gallagher contacted a large food manufacturing client to discuss their overall risk management program. During the discussion, we learned that the company was experiencing issues with their current carrier and the management of their claims.
A 20-year employee of a grain cooperative was killed in a grain bin after ignoring company safety policies when he was engulfed by grain.
More and more employers today are including domestic partner benefits as part of their comprehensive benefit package. They have found that it is an invaluable tool in recruiting and retaining the best talent for an organization. This guide provides general information on providing domestic partner benefits. Updated January 2018.
Directions newsletter is a monthly publication of the Benefits and HR Consulting practice of Arthur J. Gallagher & Co. The January 2018 issue includes articles about recent DOL, HHS, and IRS guidance affecting health plans, a wellness court decision, the Malaysian Employees Provident Fund, responding to workplace harassment, Massachusetts employer medical assistance contributions, state expansion of leave laws, a state law update, and several important reminders.
Some workplace distractions and interruptions are unavoidable, but others—if not properly controlled or regulated—could lead to injuries, lost productivity, and a decrease in worker morale.