Haylor Risk Management Blog

The IRS has issued proposed rules that would change the way employer-sponsored coverage would be treated when determining if a family is eligible for premium tax credits (PTC) when purchasing individual health insurance through a public Marketplace. The proposed rules would fix the so-called “family glitch” that currently requires employer plan affordability to be based on the employee-only cost for coverage, while not taking into consideration the cost for the employee’s family to participate. The change would allow more spouses and dependents to qualify for premium tax credits toward the cost of individual health coverage purchased through a public Exchange.

 

Topics: Updated Compliance Alert, Insurance, Compliance, Healthcare, Benefits, Affordable Care Act

A growing number of businesses, organization and individuals are falling victim to internet fraud where they are tricked into directing payments to a cyber-criminal.  What can you do to protect your business?

Topics: Breach, Cyber, Ransomware, Hacking, Spear Phishing

From 2015 to 2019, large Trucking Auto Liability verdicts went from an average of $2.3 Million to $22.3 Million.   

Topics: Transportation, trucking, Insurance, Nuclear Verdicts

Topics: Cyber, Ransomware, Hacking, Risk Management

Does a commercial Property policy cover property damage or business income arising from the Russia-Ukraine war?  Unfortunately, most Commercial Property Policies will not offer coverage for losses arising from War.  

Topics: Risk Management

How do you protect your business from the m assive increases in cyber attacks?  These attacks present themselves in various forms.

Topics: Breach, Cyber, Ransomware, Hack, Hacking, Data, Risk Management

Residents of NY will be allowed to purchase, possess and grow marijuana for personal use.  It will be a regulated and taxed industry that will see significant growth in the coming years.  NY has formed the Office of Cannabis Management (OCM) to establish the regulations about production, distribution and sale of recreational marijuana. 

Topics: Insurance, Risk Management, Marijuana, Legalized Cannabis

When it comes to safeguarding your business, it’s important to protect yourself against employee lawsuits. The costs associated with these claims can be staggering and can impact businesses of any size or type. Employment Practices Liability Insurance (EPLI) provides protection against employment practice claims such as discrimination, sexual harassment, wage & hour and wrongful termination. During FY 2020, the EEOC resolved 70,804 charges of employee discrimination, securing $439.2 million for victims in both the private sector and government workplaces.

Topics: OSHA, Sexual Harassment, Employment Practices, Risk Management, Covid