Know Your Insurance: Understanding Roof Coverage Terms in Your Home Insurance
Your roof serves as the first line of defense against the elements—and it faces some of the harshest conditions. CoyleKiley guides homeowners through important roof-related insurance terms like actual cash value, replacement cost, and storm deductibles. Understanding your coverage now helps you avoid costly surprises later.
June is National Safety Month
Workplace safety is a critical concern for businesses of all sizes, as accidents and injuries can lead to costly disruptions, legal liabilities, and reputational harm. According to the U.S. Bureau of Labor Statistics, thousands of workplace fatalities and millions of nonfatal injuries occur each year. For small businesses, these incidents can be especially damaging due to limited safety resources and recovery capacity. That’s why participating in National Safety Month is so valuable. By focusing on key weekly themes—such as continuous improvement, employee engagement, roadway safety, and mental well-being—businesses can strengthen their safety culture, reduce risk, and promote a healthier, more productive workforce.
The Importance of Cyber Insurance for Small Businesses
Businesses across industry lines have become more reliant on technology to conduct their operations. However, any digital presence—no matter how small—presents a cybersecurity risk. Whether a business utilizes e-commerce, stores sensitive data or sends emails, it could be vulnerable to cyberattacks. These incidents can result in large-scale financial losses, regulatory fines and reputational damage. While such consequences can impact organizations of any size, small businesses may find them particularly devastating due to their limited funds and response resources. That’s why it’s imperative for these businesses to secure cyber insurance. This coverage can serve as a critical lifeline to small businesses during a cyberattack by helping pay for costs related to data recovery, legal defense, breach notification requirements and public relations efforts. This article provides more information on the value of cyber insurance for small businesses.
Benchmarking Your Benefits
An attractive benefits program is vital for your recruiting and retention efforts, but it is also a significant expense. To ensure you are providing a package that is both competitive and economical, you need to know how your offerings compare to others in your industry. Benchmark data can provide valuable insight for evaluating your benefits package, something that is more important than ever in light of health care reform.
Benefits of a Business Owners Policy (BOP)
As a business owner, there is no shortage of things that you need to manage on a daily basis. Whether it’s supervising employees, connecting with new clients or anything in between, there is only so much time in the day. That being said, it’s nice to have the peace of mind that you and your business are covered in the event that an insurance claim is brought against you. A business owners policy (BOP) is a good option for small and midsized businesses, and it can offer you plenty of advantages.
10 Strategies to Address Distracted Driving
Distracted driving is a safety risk that can lead to vehicle accidents, injuries and even fatalities. Employers have a responsibility to encourage safe driving habits among their employees, especially those who operate company vehicles or drive for work-related tasks.
5 Health Tips For Spring
The American workforce has gotten older, with people staying in school longer and others delaying retirement. According to the U.S. Department of Health and Human Services, nearly 70% of 65-year-olds will need long-term care (LTC) in their lifetimes. As such, LTC insurance has become a crucial component of financial planning, offering a safety net for individuals facing extended periods of health care and assistance needs. As the workforce ages, employers should recognize the importance of offering comprehensive benefits.
2025 Commercial Insurance Market Outlook
The commercial insurance market is cyclical in nature, fluctuating between hard and soft markets. These cycles affect the availability, terms and price of commercial insurance, so it’s helpful to know what to expect in both a hard and soft insurance market.
U.S. Supreme Court Rejects Higher Standard of Proof in Overtime Exemption Cases
On Jan. 15, 2025, the U.S. Supreme Court issued a decision in E.M.D. Sales Inc. v. Carrera, which decided what evidence an employer needs to show to prove it correctly classified employees as exempt from minimum wage and overtime pay under the Fair Labor Standards Act (FLSA).
Flexible Benefits and Counteroffers
Hiring and retaining key talent is a pressing issue for most organizations. As employers consider how to attract and retain the necessary talent to succeed in the modern marketplace, flexible benefits are a consideration for organizations to meet the evolving needs of the employment market.