How to Protect Your Network from the WannaCry Ransomware Virus

How to Protect Your Network from WannaCry Ransomware

This week’s news headlines are full of warnings about the WannaCry Ransomware. This Ransomware virus has spread through more than 150 countries and to more than 300,000 people since the end of last week. It’s affected everything from home users to large corporations, small businesses and even caused hospitals in the UK to have to turn away patients and reschedule surgeries. Security experts are working furiously to stop the spread of the virus, track down those responsible and help businesses restore their data. Nobody knows who is behind the attack,... Read More

What You Need to Know About Travel Medical Insurance

What You Need to Know About Travel Medical Insurance

Does your health insurance cover you out of the country? If it does, you’re in the minority. Most US health plans do not offer health insurance coverage once you leave the United States. This means if you are injured or become ill while you’re traveling outside of the United States, your trip may suddenly become a lot more costly. But don’t cancel your dream trip around the world just yet. There is a solution. It’s called Travel Medical Insurance. Travel Medical Insurance is for those traveling outside their home country.... Read More

How Will Your Business Survive A Disaster?

How Will Your Business Survive A Disaster

Disaster can strike anytime, anywhere, and often with little or no advance warning. Here in Colorado, we’ve seen disasters of all types in recent years, from natural disasters like floods, fires and tornadoes, to human-caused disasters like accidents and oil spills  According to FEMA and the Insurance Information Institute, as many as 40 percent of businesses forced to suspend operations due to a natural or human-caused disaster never reopen their doors. Have you thought about the challenges and struggles your business would face in the wake of one of these... Read More

What You Need to Know About Professional Liability Insurance

What You Need to Know About Professional Liability Insurance

Professional Liability Insurance, also known as professional indemnity, malpractice, or errors and omissions insurance, is an essential but often overlooked insurance coverage for professionals in many fields. Professional liability insurance covers liability for damages arising out of professional services, whether from the performance of such services—or a lack of proper performance. This insurance covers you and your business from claims not covered by commercial general liability coverage. Professional liability insurance protects professional personnel against negligence claims made by their patients or clients. Professionals who should consider this type of liability... Read More

Final Regulations To Stabilize Individual Health Insurance Market Issued

Final Regulations To Stabilize Individual Health Market Issued

The Department of Health and Human Services (HHS) issued final regulations to help stabilize the individual and small group markets on April 13, 2017, These final regulations take effect June 19, 2017, and do not significantly differ from the proposed regulations issued February 16, 2017. They will not directly impact large group health plans. They are intended to help stabilize the Health Insurance marketplace, and provide more flexibility for states and insurers, as well as to give individual health plan consumers more coverage options. These rules will include the following policy changes:... Read More

Do You Know What You Need to Know About Liability Insurance?

Do You Know What You Need to Know About Liability Insurance

Liability insurance is a must for every business. Liability insurance protects your business from loss should you be liable for damage or injury. However, a single liability insurance policy may not cover every possible type of liability. The basic liability insurance policy that every business needs to have is called Commercial General Liability Insurance. Commercial General Liability insurance protects your business from financial loss if you are found liable for property damage, or injury caused by your services, your business operations or your employees. It also covers non-professional negligent acts... Read More

7 Ways to Avoid Becoming a Cyber Crime Victim

7 Ways to Avoid Becoming a Cyber Crime Victim

Is your business safe from cyber crime? While no business is immune, there are steps you can take to reduce your risk. What are you doing to avoid becoming a cyber crime victim? When we think of cyber crime, including computer hacking and data breaches, we most often think of large corporations, the businesses we hear about on the evening news. But businesses of all types and sizes are at risk, and cyber criminals are increasingly targeting smaller businesses in the hopes that they do not employ the same security... Read More

How to Control Work Comp Costs Through Successful Premium Audits

How to Control Work Comp Costs Through Successful Premium Audits

Work Comp can be one of the most expensive and most frustrating of insurance costs for small business owners. There are many ways to control work comp costs, and many insurers and safety experts provide safety training and resources to help reduce injuries. There is another way to control your work comp costs, though, that isn’t talked about as much. And that is to make sure that you’re not paying too much for your coverage to begin with. Besides finding the right work comp insurance company, you also need to... Read More

Serious Workplace Injuries: When Are You Required to Report to OSHA?

Serious Workplace Injuries: When Are You Required to Report to OSHA?

Serious workplace injuries can be complicated. When an employee is seriously injured—or worse–on the job, our priority is usually providing the medical attention they need, reassuring and dealing with other employees and notifying family members when necessary. Making an OSHA report isn’t usually the first thing that comes to mind. The Occupational Safety and Health Act of 1970 (OSH Act) requires covered employers to report certain work-related injuries and illnesses to the Occupational Safety and Health Administration (OSHA). OSHA is a part of the U.S. Department of Labor and is... Read More

Obamacare Replacement Bills Introduced in Congress

American Health Care Act Introduced in Congress

Republican leadership in the U.S. House of Representatives introduced two bills to repeal and replace the Affordable Care Act (ACA), also known as Obamacare, through the budget reconciliation process. These bills are collectively known as the American Health Care Act. To become law, these bills must go through the legislative process, although a budget reconciliation bill can be passed with a simple majority vote. Debate on the legislation is scheduled to begin on March 8, 2017. Impact On Employers This new act will not entirely repeal ACA, but will make... Read More