Author: The Reschini Group

New Address, New Terms of Coverage?

As a business gains traction, achieves success and expands, it can outgrow its original location and facilities, making a move to a new, larger site necessary. Don’t forget to consult with an insurance professional as part of researching that new

SEC Watching Cyber Protections Closely

The U.S. Securities and Exchange Commission has begun to crack down on companies it deems to have breached securities laws by making inadequate cybersecurity disclosures, a policy that shows no sign of slowing down. As a result, businesses have been

Changes Afoot: Who Is Really Covered on Your Policy?

In life, as in business, education, and any large organization, the only thing that doesn’t change is that everything changes. New operational subsidiaries are formed, people in key leadership positions leave and arrive, school districts see new clubs and sports

Benefits Blog: HSA 2022 Compliance Limits

A clear understanding of the rules up-front helps to avoid problems down the road. This can be especially true when it comes to government programs and the tax implications they represent. For example – Health Savings Accounts (HSA), a popular

Benefits Blog: Health FSAs Feature Carry-Over Option

Sometimes, leftovers can be more satisfying than when the meal was first served. You somehow appreciate it more, when you can enjoy something that wasn’t used up the first time. Now, that satisfying carry-over feeling extends to Health Flexible Spending

Restricting the Flow: Cyber Attacks Impact Supply Chain

Cyber threats have the potential to impact all facets of the supply chain. An attack against the Colonial Pipeline in the U.S. in May 2020 illustrated how vulnerable critical infrastructure can be as an attractive target for cybercriminals and even

Waiver of Subrogation: Added Protection, Added Costs

Subrogation occurs when an insurer pays their insured for a loss caused by a third- party, and then attempts to recoup their payout by making a claim against the responsible third party. For instance, if you’re in a car accident

Rates Held Ransom: Increased Breaches Impacting Coverage Terms

As instances and the scope of ransomware events, and losses associated with them, continue to increase, some insurers are tightening their standards in providing cybersecurity coverage. According to industry experts, insurers are restricting capacity and implementing increases in premiums to

Contractual Review: Ensuring that Your Coverage is Enough

Interesting how commitments can accumulate when you’re not looking, isn’t it? You click on a subscription, you agree to get regular updates from a retailer, you cite a preference for a particular brand. And before you know it, funds have

Benefits Blog: ACA Affordability Percentages Down for 2022

The federal Affordable Care Act (ACA), through Internal Revenue Service (IRS) guidelines, has adjusted its affordability percentages downward in 2022, meaning that employers may need to change some of their employee contribution levels. On August 20, 2021, the IRS issued

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