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Employee Benefits Strategic Partnership

Denise Gillin Health Benefits, News

Providing and managing a comprehensive employee benefits program is more complex – and more important – than ever before. Murray’s Benefits Team has always been focused on providing innovative technology, human resources support, and a commitment to service to help clients of all sizes maximize the value of their employee benefits investment. On July 1 we are taking our client commitment to the next level! Two premier Employee Benefit Teams are coming together under the AssuredPartners umbrella: Murray’s Employee Benefits Team and the former StoudtAdvisor’s Team, who has been part of AssuredPartners for nearly six years. Through this strategic partnership, we will work together at AP Lititz to form one of the largest and most experienced Employee Benefits Teams in …

Better Prepared. More Secure.

Denise Gillin Insurance, News

Our focus is always on the commitment we made to our clients when Murray was founded over 90 years ago: to provide smart solutions to help our clients be better prepared and more secure. This is more than just a phrase to us. It represents our ability to give clients a strategic advantage to anticipate and prepare for future challenges, opportunities, and growth. Today we honor our client commitment in a new and dynamic way. After careful and deliberate evaluation, we entered into an agreement with a national partnership of leading independent property and casualty and employee benefits brokerage firms, AssuredPartners, one of the largest brokers in the nation. Being a part of a national firm further enhances our advantage …

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 AssuredPartners.com 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 …

FMI: Construction Moves Forward, Expect 2023 Boom

Denise Gillin Construction, News

By Tom Jackson for EquipmentWorld.com While there’s no big upswing in the construction economy this year, there is at least forward progress, according to FMI’s 2021 Engineering and Construction Third Quarter Outlook report. Given a contentious election and pandemic, any progress is probably a good thing. And for transportation construction, the outlook turns especially bright after 2022. According to the report, total engineering and construction spending for the U.S. is forecast to end 2021 up 2%, compared to up 5% in 2020.   Get more details here>>>

Seven Critical Risks Facing the Agriculture Industry

Denise Gillin Agribusiness, Insurance, News, Risk Management

By Autumn Demberger for RiskAndInsurance.com Everyone needs to eat — it’s right there at level one on Maslow’s Hierarchy of Needs, after all. But how often do we take the time to think about where our food comes from? What needs to happen to bring us together around the table each night to share our stories and connect with our loved ones? Those in the agriculture sector know a thing or two about the process behind stocking the grocery store shelves. There’s sowing and weeding and watering and raising livestock, for one thing. And then there’s managing the risks. Click here to find out more about the key critical risks facing the agriculture industry, from a hardening property insurance market …

U.S. Construction Insurance Market: Expect Higher Prices, Increased Security

Denise Gillin Construction, Insurance, News

By Sedat Kunt for ConstructionExec.com From a shortage of skilled workers to supply chain disruptions to the spiraling cost of essential materials, construction companies face substantial pressures. These risks come at the same time as insurance prices are rising and securing coverage is more challenging, threatening the profitability, and even the viability, of certain projects. Insurance pricing in the U.S. and globally, on average, has been increasing for several quarters. As insurers increase scrutiny on all applications—including extensions—companies in the construction industry are experiencing longer placement and renewal timelines and requests from underwriters for additional information. Read three actions you can take for more effective insurance renewals>>>  

Excessive Heat – Keeping Safe

Denise Gillin News, Risk Management

By Gene Schmitt, CSP, ARM, CHST, CFPS, Risk Control Specialist Excessive heat affects many workers, particularly people performing strenuous work including firefighters, foundry workers, bakery workers, and construction workers. It’s important to recognize conditions and situations where heat-related illness might occur and take appropriate prevention measures.  Employees should learn to recognize the signs and symptoms of heat-related illnesses and know how to appropriately respond. The heat wave we are experiencing brings the risk for heat cramps, heat exhaustion, and heat stroke. Heat cramps occur when the body loses significant amounts of salts. It’s important to stop strenuous activity and get to a cool, shaded place. Drink clear juice or a sports beverage, or water with food. Heat exhaustion is when …

Seven Key Trends Affecting 2021’s Hard Insurance Market

Denise Gillin Insurance, News

By James C. Drinkwater for PropertyCasualty360.com Around the one-year mark since the start of the pandemic, markets began to experience the lasting effects of the challenges presented to them in 2020. While I’m hopeful that there is light at the end of the COVID-19 tunnel, we’ll likely see hardening market conditions persist throughout 2021. Some of the key trends and factors that marked the insurance industry over the past year or so include: Unpredictable natural disasters lead to a choppy property market in 2021 Lifestyle changes and emerging threats lead to dramatic shifts in cyber The ever-evolving cannabis / CBD industry means growing risks Excessive fee litigation is changing the fiduciary insurance market Opportunity in offshore wind infrastructure spurs a …

Trucking Companies: Insurance Renewal Questions

Denise Gillin Business Insurance, Risk Management

By Tyson Keith for AssuredPartners.com The year of 2021 has already proven to be a record-breaking year for the trucking industry, as there are more active trucking companies now than ever before. According to the Trucking Register’s May 2021 report, there are 13,200 more active authorities than there were in April, which is nearly ten times the average monthly growth of the industry! This creates an issue for truck insurance carriers, as the industry is not equipped to handle the rapid growth. Underwriting companies rely heavily on retail agencies to vet each trucking company and give them the insight they need to properly underwrite each risk. With over 431,000 active trucking companies all renewing their insurance on an annual basis, …

Agribusiness: Reducing Incidents With a Safety Committee

Denise Gillin Agribusiness, Risk Management

By Gina Ekstam for AssuredPartners.com A recent review of auto, liability, property, and workers’ compensation claims reported between April and June revealed a sharp rise in liability claims, costing agribusinesses millions. Property claims were the costliest, while workers’ compensation claims were the most frequent. It is no secret that safety is everyone’s responsibility. One way to instill a safety-first culture is with the creation of a safety committee. Click here to learn the four things most successful committees have in common>>>

Senior Living: Cyber Liability Insurance & Why You Need It

Denise Gillin News, Risk Management

By Ashley Wilson for AssuredPartners.com Technology has become an essential element to our everyday life. While the benefits are endless, it comes with a significant risk for many employers. Cyber-attacks are becoming increasingly popular as we become more dependent on technology. Unfortunately, the long-term care industry is not immune to these attacks. Like the rest of the world, the long-term care industry relies on technology for day-to-day operations such as data management systems, electronic health records, billing, and storing personally identifiable information, also referred to as PII. The availability of this information provides cybercriminals with a desirable target that is unknowingly putting long-term care providers at risk of a cyber-attack. Click for five ways to thwart cyber criminals from impeding …