General Industry
February 27, 2025
Careers in Insurance Month: Why You Should Consider a Future at CMR
February is Careers in Insurance Month, a time to highlight the opportunities, stability, and growth that the insurance industry offers. Whether you’re a recent graduate, a professional seeking a career change, or simply curious about where your skills can make an impact, there’s never been a better time to explore insurance as a profession. At...
How to Navigate a Growing Array of Benefits Options
In today’s labor market, offering a robust benefits package is essential for talent attraction and retention and employee well-being. The rise of voluntary benefits to supplement mainstays such as health insurance, 401(k) and leave has resulted in more than 150 available options on the market for employers to consider. As such, it can be daunting...
February 20, 2025
Employers Must File ACA Returns Electronically by March 31, 2025
The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees. Under the original rules, any reporting entity that was required to file at...
February 18, 2025
Common Exposures for Personal Lines Clients
Personal lines insurance can be a crucial aspect of financial planning that offers individuals and families financial protection against various risks. Personal insurance refers to a range of policies aimed at safeguarding individuals and their families from financial setbacks caused by unforeseen events. This type of insurance encompasses policies such as auto, home, renters and...
January 28, 2025
Earthquake Awareness Month
February is Earthquake Awareness Month. It is a good time to make sure your property is protected against the impact of earthquakes. Even though earthquakes are seen as more common on the West Coast, earthquakes have occurred in 39 states. Consider implementing the following safety measures to protect your property from the impacts of an...
January 21, 2025
Inflation Rose in December 2024 As Expected
The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) rose 2.9% year over year in December 2024, up from 2.7% in November. This figure matched economist expectations and was likely impacted by seasonal factors, including gas, food and vehicle prices. The “core” CPI, which strips out the unpredictable food and energy...
January 16, 2025
Preventing Theft and Vandalism for Small Businesses
Theft and vandalism pose significant risks to small businesses across all industries. These incidents can lead to financial losses, property damage and operational disruptions. Given these potential consequences, business leaders must take steps to safeguard their organizations. Theft and vandalism can affect a small business’s finances and operations, so business leaders should take steps to...
January 3, 2025
U.S. Commercial Property Pricing Is Turning a Corner Heading Into 2025
With years of double-digit rate increases now in the past for many buyers, the U.S. commercial property market has improved and shows signs of stability even amid obstacles, according to a new report from the Insurance Information Institute (III). Growth in the U.S. commercial property market has been primarily rate-driven for the last several years,...
December 30, 2024
How the Trump Administration May Impact the Employee Benefits Landscape
Former President Donald Trump has won a second presidential term. Employers can expect a number of changes to employee benefits under the Trump administration. Although the specific policy objectives that are enacted remain to be seen, employers may look to the campaign policies that President-elect Trump ran as well as the initiatives that Trump took...
December 19, 2024
Vacant Property Risks
Vacant construction sites face the risks of theft, trespassing, fires and other hazards. Potential losses might include the value of damaged or stolen materials, the liability of an individual being injured on the property, and the costs of organizational disruptions if an essential piece of equipment is vandalized or taken. The insurance risks and liabilities...