Industry Roundup: Six Tips for a High-Functioning Hybrid Workforce; ​Auto Insurers Face Mounting Claims Costs Post-Pandemic; Federal Cannabis Prohibition & Workers’ Comp

​Auto Insurers Face Mounting Claims Costs Post-PandemicSurging vehicle repair and replacement costs will significantly slash underwriting margins of the country's car and truck insurance providers as claims rebound to pre-pandemic levels, a new report by market intelligence firm S&P Global has revealed.Ban On 'Surprise' Medical Bills Remains on TrackThe Biden administration on Thursday put final touches on consumer protections against so-called “surprise" medical bills. The ban on charges that hit insured patients at some of life's most vulnerable moments is on track to take effect Jan. 1.Employees May Not Be Working Inside Office Buildings, But Cyber Criminals AreThe normal bustle inside of many office buildings…

Continue ReadingIndustry Roundup: Six Tips for a High-Functioning Hybrid Workforce; ​Auto Insurers Face Mounting Claims Costs Post-Pandemic; Federal Cannabis Prohibition & Workers’ Comp

Growing Your Book with Workers’ Compensation

By Stephen PrimianoToday I woke up as I normally do, a prompt bottle for the baby coupled with my regime of morning coffee mixed with the morning news. As I clicked through a variety of news venues a common narrative taking place is the state of the job market. As a broker delivering Workers’ Compensation products and solutions, that topic is very important to me as it has a direct impact on my business and that of the independent insurance agents I support.We have just begun the 4th quarter, and I am beginning to think of ways to deliver more value and find new opportunities for our…

Continue ReadingGrowing Your Book with Workers’ Compensation

HERO Act Prevention Plan Activation Extended to Oct. 31

​<a title="https://www.nursetogether.com/, CC BY 4.0 , via Wikimedia Commons" href="https://commons.wikimedia.org/wiki/File:FFP_and_Surgical_Face_masks_used_during_Coronavirus_pandemic_COVID-19.jpg" target="_blank"> Private employers in New York State must continue implementing their airborne infectious disease exposure prevention plans until at least October 31, 2021. The New York State Department of Health announced the extension of the requirement on September 30.  All insurance agencies should continue following their plans indefinitely.The New York State HERO Act​ required all private employers to adopt these plans by August 5, 2021. In addition, employers must implement their plans if the Health Department designates a disease as "a highly contagious communicable disease that presents a serious risk of harm to the public health." The department…

Continue ReadingHERO Act Prevention Plan Activation Extended to Oct. 31