Improve Operational Health, Maximize Flexibility to Mitigate Drought Risk

Denise Gillin Agribusiness, Insurance, News, Risk Management

By Gina Ekstam for AssuredPartners According to NOAA, the average global surface temperature was the sixth highest for August 2021 since global records began in 1880. Further, the U.S. Drought Monitor reports that over 46% of the contiguous U.S. experienced moderate to exceptional drought in August. These extreme weather conditions are impacting ag operations across the country. Decreased water availability leads to production losses, increased pests and diseases, and lower livestock productivity. Matt Carstens, president and CEO of Landus in Ames, Iowa, adds, “drought conditions affect weed and fungi control, changes the products that are stored, and impacts the health of livestock. Operationally, severe weather events can lead to supply chain and infrastructure disruption. For example, a lack of corn …

Infrastructure Lacks Critical Funding

Denise Gillin Business Insurance, News

By Kevin Rettberg for AssuredPartners With the September House passage of the latest infrastructure spending bill tagged somewhere around $3.5 trillion, there is still one issue that this bill has not addressed: commercial truck parking. To understand why this is an issue, we need to provide context. It goes without saying, but there is consensus that our nation’s highways and roadways are infrastructure, and as a country there is a continued investment of billions of dollars to maintain and improve them. Another point of agreement, especially having gone through the COVID pandemic, is that our commercial truck drivers are the lifeblood of our economy. Finally, the work that has been done in the industry to make the job safe is …

Flagger holds up stop sign for traffic in construction zone

OSHA’s Top 10 Most Frequently Cited Violations

Denise Gillin News, Risk Management

By Toby Graham for KPA Hot off the press… the new OSHA Top 10 list is here! Every year OSHA compiles a list of the ten most-cited standard violations from the previous fiscal year.  OSHA publishes this list to alert employers about these commonly cited standards so they can take necessary steps to find and fix recognized hazards before OSHA shows up. The 2021 fiscal year statistics, which ended Sept. 30th, have just been released. They show some slight changes from the 2020 list. Not surprisingly, the list’s actual violations stayed the same as the previous year, though some standards moved up or down. Click to see the complete list>>>

To Pay or Not to Pay: Is That the Question?

Denise Gillin Business Insurance, News, Risk Management

By Scott Sinder for LeadersEdge We are on the heels of the 20th anniversary of 9/11, and many of us lived the Terrorism Risk Insurance Act debates that followed. The widely shared expectation at the time was that 9/11 was just the first of what we thought would be a long litany of terrorist events on U.S. soil. But those never materialized, and, to date, not one claim has been paid through the TRIA program. The recent exponential growth in “ransomware” claims, however, seems to have bucked that trend. There is a spate of more well publicized cases—Colonial Pipeline and CNA?—but as Alejandro Mayorkas, secretary of the U.S. Department of Homeland Security, recently noted, the overall “rate of ransomware attacks …

Biden’s Vaccine Mandate & Delta’s Surcharge Signal Sweeping Changes for Employers & Employees

Denise Gillin Health Benefits, Human Resources, News

By Nathanael M. Alexander, Esq. for AssuredPartners Since we last blogged about the changes in the world of COVID-19 vaccines there have been plenty of headlining developments that are worthy of mention including the August 23, 2021 FDA approval of the Pfizer vaccine, a woman being arrested in Hawaii for attempting to skirt the state’s entry requirements via the use of a fake vaccination card, and various state law mandates for teachers, healthcare workers, etc. This is all coupled with much enthusiasm from employers hoping to follow in the footsteps of Delta Air Lines’ recent decision to add a $200 monthly health insurance charge for their unvaccinated staff members. This heightened enthusiasm has led many employers to explore the various ramifications (both legal and …

September is National Preparedness Month

Denise Gillin News, Risk Management

According, National Preparedness Month is an observance each September to raise awareness about the importance of preparing for disasters and emergencies that could happen at any time. The 2021 theme is “Prepare to Protect. Preparing for disasters is protecting everyone you love.” Weekly Themes: For more information and resources to regarding National Preparedness Month, go to Questions? Contact a member of the Murray Risk Management Team at 717.397.9600

SBA Bond Guarantee Program – A Great Tool in Increasing Bonding Capacity

Denise Gillin Bonds, Construction, News

By Nick Newton for AssuredPartners Anyone working in the construction bond industry has seen the scenario where a client or prospect is requesting bonding capacity larger than the standard surety market is willing to provide. While some sureties will utilize tools like escrow or collateral, the SBA Bond Guarantee Program offers an alternative solution, enabling greatly increased capacity for your client. The SBA guarantees 80% of the bond obligation to the surety; 90% for firms that are minority-owned, veteran-owned, and service-disabled veteran-owned, 8(a) and HUBZone certified, and all contracts $100,000 or less. This reduced exposure makes it more palatable for the 42 sureties that participate in the program to offer increased bonding capacity. Click for the program highlights>>>

Oklahoma Producers Explore New Approach to Farming, Ranching

Denise Gillin Agribusiness, News, Risk Management

By Evan Onstot for We grow things here in Oklahoma. Our state’s farming and ranching heritage is as strong here as anywhere. But are most of the state’s producers doing it wrong? Some producers swear there’s a better way: regenerative farming. All producers want to grow better crops and raise healthier animals. And they want to make more money. All of these things are happening for a small group of Oklahoma ranchers who’ve basically thrown out the plow – and decades of tradition. At the entrance to his sprawling Western Oklahoma ranch, not far from the Texas border, Jimmy Emmons has posted his favorite saying: Long Live the Soil. Everything that Emmons does is focused on making his soil …

AssuredPartners: 10 Years of Growth Based on Relationships

Denise Gillin Insurance, News

By Jim Henderson, Chairman and CEO, AssuredPartners for Business Insurance Consolidation has been an ongoing part of insurance distribution for many years. At AssuredPartners, we’re celebrating the 10th anniversary of our founding. In that time, we have become one of the largest and fast­est-growing brokerages in the United States. But our story is more than just achieving a high level of growth. AssuredPartners is all about building lasting relationships – with our clients, our asso­ciates, our agency partners, and the insurance companies with which we do business to solve our clients’ risk management needs. A lot has changed in a decade, and as we look back since our founding in 2011, we have seen some of those changes. Certainly many …

DOT: Red Flag Violations and the Worst 1%

Denise Gillin Insurance, News, Risk Management

By Andy Engardio for The DOT Auditor is on the lookout for any potential violations. They will build your carrier profile before they even arrive at your office for audit. In that profile, they will compile all public and non-public federal data available regarding your company. There are several reports that they will pull and review to build this profile. Two of the reports the DOT will review: Red Flag Violations Worst 1%ers Both reports are federal programs, which means they are non-public, and they are based on road-side inspections. Also, since they aren’t public, there is no real way to prepare for the results of these. The Red Flag Violations report highlights 16 violations that are considered to …