Category: Articles
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Set Your Self-Funded Health Plan Up for Success
At any company, data is one of the keys to building a successful benefits strategy. But data alone isn’t enough – it’s how you use it that makes the difference. The right data analysis combined with the right benefits broker will put you ahead of the game. The first quarter of a new plan year…
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Common Misconceptions ERISA ACA Compliance
Rules I’ve always been a rule-follower … to the point that my own family makes fun of me for never even breaking the speed limit! So, naturally, I am attracted to the field of Human Resources where we are bombarded with over 50 categories of rules and regulations affecting virtually every aspect of the employment…
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Key Features of an Effective Employee Mobile App
Companies considering deploying an employee mobile app to improve their company culture, communication and employee engagement should look for solutions that include these important features. Function as the launching pad or one-stop-shop for all company resources. Resources such as payroll, ben admin and learning management systems; 401(k), FSA/HSA and benefit carrier portals; and other programs…
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Client Advisory: SEC Issues Disclosure Rule for Climate-Related Risks
The McGriff Executive Risk Advisors team has observed a steady uptick in regulatory activity aimed at publicly traded companies (and certain privately held companies) over the last several years. One example was addressed in a previous McGriff client advisory related to a Securities and Exchange Commission (SEC) claw back rule. There was also the overreach by…
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Client Advisory: Insurance Strategies For Renewable Energy Tax Credits
Combining Tax Insurance and Business Interruption Insurance To Achieve Tax Credit Qualification and Quantification Certainty It’s hard to believe that more than a year has passed since the Inflation Reduction Act (IRA) was signed into law. The climate-related impacts of this sweeping legislation are certainly already being felt. Significant investments from a broader investor pool are…
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Client Advisory: Cyber Insurance Considerations for New SEC Cybersecurity Rules for Public Companies
In this client alert, we summarize the new cybersecurity disclosure requirements in the final rules and suggest ways to prepare for compliance with the new requirements from an insurance perspective. While companies will need to review their D&O, cyber, and crime bond insurance policies, this client alert will focus on cyber insurance considerations. On…
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Client Advisory: Florida House Bill 837
On March 24, 2023, Florida Gov. Ron DeSantis signed House Bill 837 into law. The tort reform will have a significant impact on civil litigation going forward. What will this mean for Insurance? In this advisory, we will explore how this bill may affect claims. What is it? And how does it affect Insurance? Why…
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Market Advisory: Nevada AB 398/Defense Outside the Limit
On June 3, 2023, Nevada Assembly Bill (AB) 398 was signed into law and is effective as of October 1, 2023. The law prohibits an insurer from issuing or renewing a liability policy that erodes the policy limits of liability by the costs of defense. Notwithstanding any other provision of law, an insurer –including,…
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Client Advisory: A Tale of Two Cyberattacks: MGM and Caesars
The Importance of a Business Impact Analysis as Part of Your Incident Response and Business Continuity Plans Cyberattacks continue to dominate headlines. The recent ransomware attacks at MGM Resorts International and Caesars Entertainment, Inc. are just two recent examples of the ongoing challenges businesses face in defending against motivated and resourceful threat actors. Both companies…
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Why Flood Insurance Is Needed Everywhere
Flooding events are happening everywhere, not just along the coast or in what were once considered high-risk flood zones. In 2025 alone, devastating floods hit places as geographically diverse as New York, Texas, Kentucky, and North Carolina, many of which aren’t traditionally considered flood-prone areas. Moreover, flood season is year-round. From snowmelt and stalled weather…