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At TIS, we are committed to keeping you updated with innovative ideas, best practices, and proven strategies crafted by our talented insurance industry specialists.
As projects grow more complex, contractors, owners and surety companies all have an increased risk stemming from an ongoing industry shift in project coordination. The burden of providing more project coordination, via changes in contractual language, is landing on the
Owning a recreational vehicle (RV) provides the freedom to explore the open road and travel with the comforts of home. But while RVs offer the thrill of adventure, they also come with unique risks that require specialized insurance coverage. RV
On September 9, 2024, the DOL, IRS, and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (The “MHPAEA Final Rule”). The MHPAEA Final Rule is similar to the Proposed Rule
As a business owner, one of the biggest challenges is managing the rising costs of healthcare benefits while ensuring your employees receive the coverage they need. Healthcare affordability is a growing concern for employers, especially small businesses that may not
Imagine facing a medical emergency without insurance. It’s not just the stress of the illness or injury but the looming financial burden that could follow. With the cost of treatments skyrocketing and the prevalence of chronic diseases on the rise,
On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024. Thus,
As a homeowner, unexpected accidents or damages can lead to costly insurance claims, potentially raising your premiums and causing stress. However, many common homeowner’s claims are preventable. With some proactive steps, you can avoid unnecessary headaches and protect your most
Executives drive a company’s strategic vision, manage risks, and steer it through growth and challenges. However, a significant gap exists in how these high-level leaders protect themselves against potential personal risks, specifically the risk of disability. Executive disability insurance is
As a notary public, your role in verifying and authenticating important documents is crucial. This responsibility carries potential legal risks, particularly if mistakes or accusations of misconduct arise during the notarization process. Understanding the significance of notary bond insurance is
Making the most of healthcare analytics is not just a trend—it’s a strategic necessity for organizations looking to optimize their employee benefits programs and overall healthcare strategies. By harnessing data-driven insights, companies can optimize their employee benefits programs, leading to
Establishing a safe workplace is a fundamental responsibility for any business. Not only does it protect employees from injuries and accidents, but it also fosters a culture of well-being that enhances productivity, reduces absenteeism, and boosts team morale. A safe
Your dream home isn’t just a place to live; it embodies your hard work and success. Regardless of your style, a sprawling waterfront estate, meticulously restored historic mansion, or custom-built architectural marvel, a high-value home deserves exceptional protection. Standard homeowners
Employers are increasingly recognizing the importance of offering flexible and comprehensive health benefits to attract and retain top talent. Providing multiple health plan options caters to employees’ diverse needs and enhances overall satisfaction and loyalty. However, offering a variety of
Employee benefits can be intricate and overwhelming, with many choices to consider. Selecting the right insurance broker is vital to creating a benefits program that not only attracts and retains top talent but also aligns with your organization’s objectives and
Employers must stay vigilant about upcoming regulatory updates affecting their employee benefit programs. Several key compliance items are on the horizon, with some that require immediate attention to ensure a smooth transition into the new year. Let’s look at the
This alert is of interest to all applicable large employers (ALEs) – generally, those with at least 50 full-time equivalent employees. The Internal Revenue Service (IRS) has released Rev. Proc. 2024-35, which contains the inflation adjusted amounts for 2025 used
Smart homes are no longer just part of a Jetson episode. Today, homes are equipped with interconnected devices that can be controlled remotely through smartphones, tablets, or voice commands. From thermostats and lighting to security systems and appliances, smart devices
We all have treasured possessions that bring us joy, define our style, or hold sentimental value. Yours could be a collection of vintage handbags, a meticulously curated wine cellar, or a dazzling heirloom diamond necklace; protecting these valuables is crucial.
Planning an event involves a lot of time, effort, and money. Even if you’ve poured your heart and soul into making it a success, one crucial aspect often gets overlooked amidst the whirlwind of budgeting, venue selection, and vendor coordination:
Businesses increasingly use data analytics to boost their wellness programs and enhance population health management. HR departments are teaming up with their employee benefits consultants to drive this shift by utilizing data-driven insights to understand employee health patterns, identify potential
Controlling healthcare costs is a top priority for businesses today, especially as insurance premiums and prescription drug prices continue to climb. Pharmacy benefits account for a significant portion of these expenses, prompting companies to seek effective strategies to manage costs
Homeownership is a significant milestone, often marking a sense of stability and accomplishment. However, protecting this valuable asset through the right home insurance coverage is equally important. Fortunately, here are many options when it comes to buying a homeowners insurance
As healthcare costs continue to rise and market uncertainties persist, a growing number of employers are turning to self-insurance to gain better control over their healthcare expenses. This shift towards self-insurance accompanies a heightened focus on risk management and using
Singlehood is on the rise. According to the U.S. Census Bureau, almost half of adults (48 %) in the United States are unmarried in 2024. While there are many benefits to flying solo, there can also be misconceptions when it
Running a business is exciting, challenging, and often unpredictable. As a business owner, your passion and focus should be directed towards the product or service you sell. Unless you are running an insurance-based operation, the details of protecting what you’ve
Nonprofit organizations play a vital role in society, tackling critical issues and enriching communities. Board members, directors, and officers (D&Os) of these organizations carry a significant weight on their shoulders, making responsible decisions that impact the organization’s mission and resources.
Imagine this: you’ve built a thriving business. Customers are pouring in, your team is firing on all cylinders, and you’re experiencing steady growth. Suddenly, disaster strikes. A fire damages your property; a cyberattack disrupts your systems or a critical piece
Known for its customer-centric approach and commitment to excellence, the insurance agency continues to lead the way in offering tailored solutions that meet the evolving needs of its clients. Knoxville, TN; July 8, 2024 —Employee wellness has become a critical
Life is full of surprises, both good and bad. While we all hope for the best, preparing for the unexpected is essential, especially when protecting our finances and assets. Individuals and families face many risks that can result in costly
High-Deductible Health Plans (HDHPs) are increasingly popular in the United States as employers and individuals seek ways to manage rising healthcare costs. While these plans require policyholders to pay a higher deductible before insurance coverage kicks in, they also offer
