Does Your Credit Score Really Matter?

Denise GillinNews, Wealth Management

In the late 1940s, engineer Bill Fair and mathematician Earl Isaac met while working at the Stanford Research Institute, the legendary post-war industrial thinktank. The two of them developed an algorithm, using a credit scoring system, that helped predict the chances that a borrower would repay a loan. In 1958 they founded Fair, Isaac and Company and soon began pitching their scoring system to financial institutions.1 Fast forward 30 years. The company shortened its name to what its customers were calling it, FICO, and was well on its way to becoming the standard measure for consumer credit worthiness—used for everything from credit cards to mortgages. Today, credit bureaus (also called credit agencies) collect data relevant to your risk as a …

Current Trends in Esop Insurance

Denise GillinESOP, News

The following article by Jeff Gelburd, Vice President, and Patrick Dixon, Account Executive, of Murray appeared in the March 2020 edition of The ESOP Association newsletter. Litigation, Other Factors are Affecting the Availability and Pricing of Products Available to Protect ESOP Companies and Executives Over the last 30+ years, corporate members have benefited from the affinity insurance program endorsed by The ESOP Association. More than 300 ESOP companies are served by this program, which provides Director’s and Officer’s, Fiduciary Liability, Employment Practices Liability, Crime, and Cyber insurance. Murray – a 25-year old ESOP insurance broker headquartered in Lancaster, PA – administers this insurance program. Within the past five years, we have seen tremendous change in the insurance available to those …

ESOP Association Regarding Employee Ownership

Denise GillinESOP, News

The ESOP Association is pleased that employee ownership arose in the Democratic party Presidential debate last night and that multiple candidates were able to vocalize their support. We believe more Americans need to know about and participate in employee ownership—especially ESOPs, which are the largest and most common form of employee ownership—and would encourage greater discussion about this important form of business ownership in America. Read more here.

Successfully Managing Employees Through the Employee Life Cycle

Denise GillinHuman Resources, News

If you are an employer, human resource professional or anyone interested in a fresh approach to successfully managing employees from recruitment on, you won’t want to miss this presentation by Christine Nentwig, Esq. of CGA Law Firm and Hannah Lopez, MBA, SHRM-CP of Murray. Click To Register  

Cyber Liability Coverage on the Innovation Stage

Denise GillinNews, Risk Management, Video

Jeff Gelburd, Vice President, and Patrick Dixon, Account Executive, administrators of the Murray ESOP Executive Liability Program, recently presented at the Employee Owned 2019 Conference and Trade Show in Las Vegas along with Ryan Fitzsimmons, Vice President of the Cyber Liability Division at Great American Insurance Group. During their Cyber Liability coverage presentation on the Innovation Stage, the trio discussed the cyber liability coverage considerations: financial losses, media ramifications, and regulatory compliance and the first-party considerations including security, privacy, and crime. The discussion covered pre- and post-breach services provided, including preventative educational materials, claims handing, and the use of a breach coach. Watch the presentation here: Cyber Liability Coverage   Learn more about the ESOP Executive Liability Insurance Affinity Program …

The Same Focus. A Different View.

The Same Focus. A Different View.

Denise GillinNews

Every once in a while, it’s good to change your view. It gives you a new perspective, opens up opportunities, and facilitates growth. At Murray, the new view comes as we announce a fresh look and brand identity as a part of our ongoing development as an ESOP and agency. As we continue to grow in our ability to help clients anticipate and prepare for a more secure future, we have refreshed our brand identity to better reflect who we are today, and where we want to be tomorrow. Our new name and look come from months of research conducted among our internal team and leaders, and our clients. We sought to bring out the best of what it means …

USDA Enhances African Swine Fever Surveillance Efforts

Courtney MeyerAgribusiness, News

The U.S. Department of Agriculture (USDA) is furthering its overall African Swine Fever (ASF) preparedness efforts with the implementation of a surveillance plan. As part of this plan, the Animal and Plant Health Inspection Service (APHIS) will work with the swine industry, the states, and veterinary diagnostic laboratories to test for ASF. ASF is a highly contagious and deadly disease affecting both domestic and feral (wild) pigs. It does not affect human health and cannot be transmitted from pigs to humans. ASF has never been detected in the United States. Tell me more >>>

Nearly 39 million intended corn acres have yet to be planted

Denise GillinAgribusiness

Just 58% of the U.S. corn crop had been planted as of May 26, an advance of just nine percentage points over the past week and well shy of the 63% planted the market anticipated and 90% for the five-year average. This easily takes out 1995 as the slowest planting pace on record for this point in the season. Based on USDA’s planting intentions projection of 92.792 million acres, there are an astonishing 38.973 million intended corn acres yet to be planted with the calendar flipping to June on Saturday. Delays are most striking in the eastern Corn Belt, with Illinois 35% planted (95% on average), Indiana at 22% (85%) and Ohio at 22% (78%). But delays are also significant …

Avian Coryza

Courtney MeyerAgribusiness, News

Avian Coryza is an emerging poultry respiratory disease in some regions of the United States. Severe facial edema is probably the most notorious clinical sign which couples with a sharp decrease in egg production in laying hens. Read more here >>> For Pennsylvania Department of Ag flock recommendation letter: Flock recommendation letter 4-4-19 Final For Pennsylvania Department of Ag biosecurity principles: StandardE-BiosecurityPrinciples 2019

Farm Bureau Disaster Relief

Denise GillinAgribusiness, News

No one is certain how much devastation the flooding and blizzard have caused in Nebraska, but total losses from livestock and crops could reach billions according to the “Omaha World-Herald”. Nebraska Farm Bureau established a Disaster Relief Fund at the Nebraska Farm Bureau Foundation to provide emergency aid to Nebraska farmers, ranchers, and rural communities affected by recent storms and flooding. Priority will be given to efforts to restore health and safety in rural communities and to farm and ranch households that have been damaged or displaced by the natural disaster. 100% of the donations will be distributed to Nebraska farmers, ranchers, and rural communities affected by the disasters. For information on how you can help >>>>