News
One of the best ways to stay ahead of risk? Stay well informed.
News
Business Best Practices: Is your safety program up to date?
Fostering a strong safety culture provides many benefits. In addition to reducing the risk of workplace accidents, such a culture can also help improve employee morale, enhance a business’s reputation and minimize related costs and liabilities. This article explains what it means to have a strong safety culture, outlines associated benefits and provides strategies companies…
Tips to Keep Teen Drivers Safe & Insurance Costs Down
According to the Centers for Disease Control and Prevention, the risk of motor vehicle accidents is higher among 16- to 19-year-olds than among any other age group—they are nearly three times more likely to crash than older drivers!
Reduce Your Risk: Is your Firework Display Insured?
Fireworks are an indispensable part of celebrations such as Independence Day and New Year’s Eve. When your business or organization puts on a special event with fireworks, take precautions to reduce the risks and keep your employees and spectators injury-free with Marshall & Sterling Insurance.
Business Best Practices: National Safety Month
June is National Safety Month. This campaign, put together by the National Safety Council (NSC), highlights efforts to prevent injuries and deaths inside and outside the workplace. It also helps provide learning opportunities for employees, allows employers to share their safety pride and gives employees the opportunity to pledge that they will work safely.
The Value of Business Interruption Insurance
When organizations face large-scale disasters or other unexpected losses, ensuring business continuity is often a top priority. Yet, various losses may make it challenging for organizations to avoid operational disruptions or temporary shutdowns. In these instances, even brief closures can carry costly consequences. That’s where business interruption (BI) insurance can help.
Strategic Benefit Planning
Cutting benefits may seem like a necessary reality for some companies, but could have serious long-term consequences.
Preventing Distracted Driving: Your Organization May be Missing these Safety Elements
In today's fast-paced world, the prevalence of distractions on the road has become a critical concern, especially for businesses with commercial fleets. Distracted driving poses significant risks not only to drivers themselves but also to others sharing the road. For businesses that rely on vehicles for essential tasks, understanding and mitigating the dangers of distracted…
Business Risk: The Importance of Regularly Reviewing Your Insurance Policy
In the fast-paced world of business, change is the only constant. Whether it's growth in operations, new market ventures, or changes in workforce dynamics, businesses evolve, and with these changes, so do their risk profiles. One crucial aspect that often gets overlooked in this evolution is the need to regularly review your insurance policy.
Towing Operations – Know These Regulations
Owning and operating a towing business can be a very rewarding experience. After all, towing operations can help clear the road of damaged or disabled vehicles in a timely and effective manner when unexpected incidents occur. However, in addition to the risks common in every industry, towing businesses face unique liabilities due to the movement…
IRS Announces 2025 HSA and HRA Limits
Earlier this month the IRS released Rev. Proc. 2024-25, announcing the 2025 calendar year dollar limits for health savings account (“HSA”) contributions, the minimum deductible amounts, and maximum out-of-pocket expenses for high deductible health plans (“HDHPs”) and the excepted benefit health reimbursement account (“EBHRA”) limit. By law, these limits are indexed annually to adjust for…
The Value of Cyber Insurance
As cyberattacks become more frequent and costly, it’s crucial for organizations to maximize their financial protection against related losses by purchasing sufficient insurance.
Federal Youth Employment Laws: Hiring Summer Workers
The U.S. Department of Labor (DOL) oversees and enforces federal youth employment laws through the Fair Labor Standards Act (FLSA). Under the FLSA, employers are prohibited from employing “any oppressive child labor in commerce or in the production of goods for commerce or in any enterprise engaged in commerce or in the production of goods…