Stand-Up For Grain Engulfment Prevention

Courtney Meyer Agribusiness Leave a Comment

Suffocation from engulfment is a leading cause of death in grain bins. Engulfment is one of the leading types of fatalities inside a grain bin; however, there are numerous OSHA and industry resources available to assist in preventing future incidents. Stand-Up for Grain Engulfment Prevention is a way of reaching out to employers and workers to get them involved in improving worker protection, reducing injuries, and preventing fatalities from engulfment. Check out “What is a Safety Stand-Down” for more information.

IRS Reduces HSA Limit for Family Coverage for 2018

Matt Pfeiffenberger Large Group Benefits (100+), News Leave a Comment

The IRS issued a new revenue procedure regarding health savings account (HSA) limits. The new tax laws had a provision in it which was not formally enacted until just recently. The new revenue procedure now puts the change into effect. Basically the ruling reduces the HSA family maximum contribution for 2018 from $6,900 to $6,850 retroactive to January 1, 2018. Employers with HSAs will need to check to see if employees elected the $6,900 maximum for 2018, and in effect cut that back to $6,850. The new $6,850 max is a combination of any employee and employer contributions into the employee’s HSA for 2018. You can read more about the change below. Questons can be directed to Matt Pfeiffenberger, Vice President, …

Farm Bureau Calls for Clarity on Exemptions for Agricultural Haulers

Courtney Meyer Agribusiness Leave a Comment

While again urging the Department of Transportation to grant agricultural haulers a waiver and limited exemption from the electronic logging device mandate, Farm Bureau in recent comments responded to the department’s efforts to provide clarity to the 150-air mile agricultural commodity exemption and the hours of service regulations. Read about the 150-air mile agricultural commodity exemption here>>>

Accidental Deaths In Pennsylvania Rise 15% in One Year, Driven By Opioid Overdose

Denise Gillin News Leave a Comment

The National Safety Council’s Stop Everyday Killers campaign is a powerful tribute to the lives lost to opioids. Pittsburgh – According to National Safety Council analysis of federal data, 1,086 more Pennsylvanians died accidentally in 2016, an increase of 15% over 2015, and 78% of those deaths were caused by opioid overdose. In response to the epidemic – recently declared a statewide disaster emergency by Gov. Tom Wolf – the Council made Pittsburgh its first stop on a nationwide tour of the NSC exhibit, Prescribed to Death: A Memorial to the Victims of the Opioid Crisis. Read more >>> Everyone has a story of how addiction has touched their life. That is why Murray Securus Associates chose to partner with …

Construction Braces For Trump’s New Aluminum, Steel Tariffs

Denise Gillin Construction, News Leave a Comment

Article by Kim Slowey for “ConstructionDive” High-rises, large residential multifamily projects and infrastructure projects are major buyers of steel and aluminum. Construction companies are likely to begin bracing for a wave of cost increases and the possibility of having to decide whether certain developments are now too expensive to build. Read the article >>>

Trump Considers Private Activity Bonds to Help Address Infrastructure Costs

Joshua Etemadi Bonds, Construction Leave a Comment

By Ballard Spahr for “JDSUPRA” The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America’s infrastructure (the Infrastructure Plan). The Infrastructure Plan is intended “to lead to at least $1.5 trillion in investments to rebuild our failing infrastructure and develop innovative projects” through $200 billion in federal funding to promote state and local governmental and private sector investment over the next 10 years. This would largely shift funding for infrastructure away from the federal government to state, local and private sector funding sources. Read the article >>>

Drones With Thermal Sensors Can Detect Hot Spots, Delamination, Moisture Instrusion, Spalling

Joshua Etemadi Bonds, Construction Leave a Comment

In the U.S., commercial drone use has accelerated across many industries. In the last two years, one million new pilots have registered with the Federal Aviation Administration, and by 2020, experts expect seven million drones to be in use. The 2017 Drone Market Sector Report found that construction (design, building inspection or monitoring) is in the top three uses for commercial drone-based services, behind aerial photography, surveying and mapping, and geographic information systems (GIS). The number of construction and engineering companies using drones is expected to continue to grow, as use cases emerge that offer further business value and competitive advantage for companies with drone programs. Read more here >>>

Surety Agreed to Post Bonds to Cover Subs’ Construction Lien Claims

Joshua Etemadi Bonds, Construction Leave a Comment

Behind the gleaming glass façade of LaSalle’s new civic centre lies a tangled mess of construction liens and lawsuits still making its way through the courts three and a half years after the building opened to the public. Battling in the civil courts are Piroli Construction, the general contractor on the $13.8-million project, and the Town of LaSalle, as well as several subcontractors who claim they were never paid for work they completed. Tuesday, a Superior Court judge ordered that seven separate lawsuits be dealt with together when and if they ever go to trial. They include Piroli’s $319,000 claim against the town, the town’s counterclaim of $75,000 against Piroli for breach of contract and six construction liens totalling $613,604 naming …

Benchmarking Limits of Liability for ESOP Companies

Jeff Gelburd ESOP Leave a Comment

As an employee-owned insurance broker, Murray Securus administers an affinity insurance program for executive liability insurance. This program is open to insurance agents and brokers throughout the country, and is endorsed by The ESOP Association (TEA) and underwritten by Great American Insurance Group. The Program has been providing coverages to Employee Stock Ownership Plan (ESOP) companies since 1989, and now offers cyber liability insurance. ESOP companies in need of director’s and officer’s (D&O), fiduciary liability, or employment practices liability (EPL) insurance often struggle with the limits of insurance to purchase. This report – the third of its kind in the last ten (10) years – benchmarks limits of liability based on: Company asset size (D&O); ESOP plan assets (fiduciary liability); and …