Risk & Insurance Articles
Recent news, insights and information on risk management and insurance via Roman Galey.
Is Your Car Ready for Fall Driving?
Fall is arguably the most important season for vehicle maintenance. Before the season’s brisk, windy weather and shorter days arise, you’ll want to make sure your vehicle is prepared for fall roads. Follow these maintenance tips to ensure your vehicle is ready for...
Level Funding
If you desire the freedom of a self-funded insurance plan but need a little more certainty for your budgeting concerns, level funding might be an option for you. Weigh the advantages and disadvantages and decide what’s best for your company. What is a Self-funded...
SouthGroup Insurance Services Named to Top 100 Agencies
SouthGroup Insurance Services Named to Top 100 Agencies August 24, 2022 SouthGroup Insurance Services, with offices in Hattiesburg, MS, and Picayune, MS, has been named one of the Top 100 Privately-Held Insurance Agencies for 2022 by the Insurance Journal. The...
Work Comp Insights: These Three Trends Could Have Big Implications for Workers’ Compensation
Legislation surrounding the gig economy, single-payer health insurance, and marijuana legalization all have the potential to impact the U.S. workers’ compensation system, according to a National Council on Compensation Insurance (NCCI) report. The Gig Economy Digital...
Cybersecurity Tips for Business Travelers
Organizations face heightened cybersecurity risks when their employees travel. Business travelers are prime targets for cybercriminals, as they often carry valuable data and may not always be careful about securing their devices. According to research from Morning...
Employee Benefits Considerations Post-Roe
The U.S. Supreme Court recently overturned Roe v. Wade in their decision of Dobbs v. Jackson Women’s Health Organization, ending federal protections for abortion rights and permitting states to implement their own regulations. In the wake of the Supreme Court’s...
2022 Midyear Market Outlook: D&O Insurance
Although the last few years have seen double-digit rate increases and lowered capacity within the directors and officers liability (D&O) insurance segment, market conditions have shifted in recent months. In particular, rate increases have moderated—especially for...
Protecting Construction Workers From Heat-related Illnesses
As summer approaches and temperatures rise, construction employers must safeguard their employees against heat-related hazards. After all, workers who spend extended periods of time in hot or humid environments are at greater risk of experiencing heat-related...
Consumer Price Index Moderates in April, but Remains Up by 8.3%
The Bureau of Labor Statistics (BLS) recently announced that the U.S. consumer price index (CPI) rose by 8.3% over last year (between April 2021 and April 2022), coming down from an 8.5% increase in March. However, economic experts previously predicted the CPI to...