Is an ESOP in Your Future? Don’t Overlook This Valuable Succession-Planning Tool May 20, 2024 By Scott T. Freiday 2024 marks 50 years since Congress passed legislation codifying the tax benefits of employee stock ownership plans (ESOPs). Senator Russell...
Texas Attorney Charged with Skimming $2.4M from Settlements May 20, 2024 A Houston plaintiffs’ attorney known as “Car Wreck Clyde” is awaiting court proceedings after being charged with skimming as much...
Ban on Worker Noncompetes Faces Uphill Legal Battle May 20, 2024 By Daniel Wiessner The U.S. Federal Trade Commission’s ban on “noncompete” agreements commonly signed by workers is likely vulnerable to legal challenges, experts...
Louisiana Lawmakers Repeal ‘Three-Year Rule’ that Barred Policy Cancellations May 20, 2024 Property insurers in storm-swept Louisiana could soon gain much more flexibility over policy cancellations if the governor signs House Bill...
Global Election Super-Cycle Raises Risk of Political Violence, Large Insurance Losses May 20, 2024 By L.S. Howard Almost half the world’s population will go to the polls before the end of 2024, which raises the threat of...
Q1 Global Insured Natural Disaster Losses Driven by Severe Convective Storms: Aon May 20, 2024 By L.S. Howard Global natural catastrophes cost insurers $17 billion during the first quarter of 2024 with economic losses rising above $45 billion,...
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises May 20, 2024 By Nehemiah Balaoroin Cyber claims frequency in the United States rose 13% last year, a new report shows. According to the 2024 Cyber...
FTC Noncompete Ban Includes Key Revisions, But Faces Uncertain Future May 20, 2024 By Charles Symington When the Federal Trade Commission (FTC) issued its final rule banning the use of most noncompete agreements, many insurance agents...
Why a Focus on Safety Matters: Experts Share the Value of Proactive, Updated Construction Safety Practices May 6, 2024 By Allen Laman When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the...
Distracted Drivers Making US Roads More Dangerous: Survey May 6, 2024 Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it...