Straight From The Source Blog by Higginbotham Insurance

The Americans with Disabilities Act (ADA) is celebrating its 30^th anniversary this year. But even though employers have had three decades to learn about compliance with the law, issues – and lawsuits – are still common. Here’s what today’s employers need to know now about applying the law, approaching employees and staying compliant.

For businesses and homeowners alike, Hurricane Laura was yet another stark reminder of the power and fury of windstorms. With sustained winds as high as 95 mph in Lake Charles, LA, and gusts recorded as high as 150 mph in other places, Laura caused 59 deaths and nearly $9 billion in damage in Texas and Louisiana.

Good News 401(k)

IRS Issues Guidance on Payroll Tax Deferment

On Aug. 8, 2020, President Donald Trump ordered the U.S. Department of Treasury (the Department) to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020.

We typically purchase homeowners insurance to protect our largest investment – our home. But homeowners coverage, and often condo and renters insurance too, includes many other items besides your home. Let’s take a look at just a few items that might be covered by your homeowners insurance carrier. 

People put things off for a lot of reasons. You might be busy. Maybe it seems unimportant. It could be just downright unpleasant. We get it. But when it comes to reporting claims to your insurer, promptness is essential. If you delay, your coverage could be negated – and that could be a big problem for your business. Protect your coverage, your company and your bottom line by reporting claims promptly.

It’s That Time Again! Back-to-School for Fiduciaries

It’s time to get smart about benefits. Smart technology can go a long way to improve the way employees interact with benefits. This, in turn, can increase employee satisfaction, which can boost engagement, productivity and retention. It’s an amazing chain reaction, and it all starts with the right tech tools.

NY Federal Court Partially Vacates FFCRA Leave Regulations

In a case brought by the New York attorney general, a New York federal district court has vacated portions of regulations issued by the U.S. Department of Labor (DOL) under the Families First Coronavirus Response Act (FFCRA). 

It’s one of the worst nightmare scenarios for any business owner. After pouring your sweat, soul and financial resources into building a successful business, a devastating event comes along and forces you to close your doors. It could be a fire, natural disaster, equipment failure or any one of numerous other scenarios. And, it could result in a temporary shutdown – or a permanent business failure.