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Category: Business Insurance News

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Where Things Are Going ...

Where Things Are Going …

No matter what the outcome of the elections in November, change is in the air. Obamacare will change one way or the other. Medical costs are rising. Associated legal costs are also rising. This will affect payroll, payroll taxes, workers’ comp premiums, health premiums, HR issues and no doubt increase employer liability. We heard this […]

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Why Underwriting Standards Change

Why Underwriting Standards Change

“But you accepted this risk last year!” How often do underwriters hear that? Often, a risk that was accepted last year is declined this year even though it appears nothing is changed. Sometimes the reverse happens. You’ll hear that something they declined from you last year was just accepted this year, and even worse, through […]

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Medical-Marijuana-News

Medical Marijuana

More and more states are legalizing prescription cannabis (for medical use.) This has got people to thinking about how this can affect workers’ comp “Drug Free Workplace” programs. Tuesday November 4th marks a landmark day in Florida as (by early polls) this amendment shows signs of passing by an overwhelming margin. PEO Pros would like […]

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Workers' Comp in a Hard Market

Workers’ Comp in a Hard Market

One of the unforeseen negatives of the Affordable Care Act was increased costs for workers’ compensation insurance, coming both from higher taxes assessed to insurance companies and higher costs of claims. The claims costs are on the rise due to more dependance on workers’ comp vs. traditional health insurance, increased medical costs and the big […]

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I-9 form

Why a Professional HR Partner?

What can possibly go wrong with a small business? Why would a small business need a professional HR partner? Isn’t that a waste of time and money? No one wants to fine us do they? Our lead agent, John Will Tenney, appears below in a candid video discussing this situation: Business owners, if you’ve ever […]

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Hourglass PC

Hourglass PC

As part of our strategic and contractual alliance with Stonehenge Insurance Solutions, we are happy to work with a growing Property and Casualty insurance agency, Hourglass PC. Based in Tequesta, FL, Hourglass is expanding throughout the state, and eventually hopes to have offices nationwide. Senior Agent Greg Siebern tells us, “We are focusing on the […]

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why use an agent

Three Myths About PEO Agents

Why does a PEO need an insurance agent for their master workers’ comp policy? What does an agent or agency know that they don’t? Why not just go direct? Cut out the middle man! Doesn’t it cost more money to have an agent involved? Sounds good but in “real life” things don’t work out that […]

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Hiring and Firing?  What's the Right Way?

Hiring and Firing? What’s the Right Way?

Can making a mistake in hiring or firing an employee cost you money? Your business? Your personal possessions? What do you think in this litigious society? You may be expecting an insurance agency to recommend getting Employment Practices Liability Insurance (EPLI) and it’s not a bad idea, but how about avoiding the need for it […]

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W2 Vs 1099 employee

W2 vs. 1099

When is a worker an employee? The IRS and state tax authorities are targeting the workforce that is incorrectly being classified as “1099 contractors” when in fact they are employees. Why Are They Cracking Down? The loss to tax authorities by treating legitimate employees as 1099 contractors is substantial. The employer is avoiding withholdings for […]

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Pay As You Go Avoids Shocking Bills

Why Pay as You Go?

Why is pay as you go workers’ comp insurance the right choice for so many businesses these days? What is Pay as you Go? In this video clip, CEO John Will Tenney was interviewed by a local real estate office and answers a few questions about Pay as you Go Payroll and Taxes, as well […]