Anita Byer Businesses are adopting artificial intelligence at a staggering pace and using AI in more business functions than ever before. According to a McKinsey and Company survey, after years of minimal change, the organizational use of AI has accelerated significantly, from 33 percent in 2023...
Anita Byer The Internal Revenue Service recently announced that the Affordable Care Act’s affordability threshold for employer-sponsored group health plans will be 9.96 percent for plan years beginning in 2026. The affordability threshold (currently 9.02 percent) affects an employer’s potential liability for shared responsibility assessments (the...
Anita Byer The amount of global economic and insured catastrophe losses during the first half of 2025 has many concerned about another record-breaking year of losses. According to Aon’s Global Catastrophe Recap (First Half of 2025), economic losses reached $162 billion during the first six months...
By Anita Byer July 4th fireworks have become a beloved tradition, so it is easy to temporarily forget that blowing stuff up can be dangerous. According to the Consumer Product Safety Commission (CPSC), eleven people were killed and nearly 15,000 people were injured by fireworks last...
By Anita Byer Businesses often struggle to recover after a property loss because the physical damage to their property causes an interruption of business operations. Depending on the severity of the damage, a business may be forced to shut down for weeks, possibly months. Though revenue...
By Anita Byer The 2025 hurricane season is underway, so the time to prepare is now. We know that preparing for hurricane season can be overwhelming, particularly when the forecast is for above-normal storm activity. Fortunately, preparations can be made easier by working smarter, not harder....
By Anita Byer, Setnor Byer Insurance & Risk The National Oceanic and Atmospheric Administration is predicting above-normal hurricane activity for the upcoming hurricane season. NOAA’s 2025 Atlantic Hurricane Season Outlook predicts a 30% chance of a near-normal season, a 60% chance of an above-normal season, and...
The federal Volunteer Protection Act (VPA) was enacted to protect volunteers from liability if they cause harm to another while working on behalf of a nonprofit organization. Many nonprofit organizations that rely on volunteers believe that the protections afforded by the VPA extend to the...
When purchasing workers' compensation insurance, employers must consider all states where an employee could be entitled to file a claim. Failing to do so can create significant gaps in coverage, leaving businesses exposed to liability and payment obligations. The risk of such gaps is particularly high...
An active shooter is defined as an individual actively engaged in killing or attempting to kill people in a confined and populated area. There were over 500 mass shootings events in the United States last year, according to the Gun Violence Archive (GVA), We have...