Many insurers — at least in states where the practice is not banned — use what are known as credit-based insurance scores to determine how likely you are to file a claim. The higher your credit-based insurance score, the more
As a nonprofit employer, you want to offer fair coverage to all your valued employees. After all, if someone is injured or ill, you want to be sure they aren’t worrying about their job while they recover. But, at the
Keeping insurance costs down is an ongoing struggle for the construction industry, largely because it faces more costs and risks than most industries. Complicating matters even further, insurance policies must be renewed every year, leaving many small companies and startup
During the pandemic, your not-for-profit may have been forced to operate without your dedicated volunteers. It has probably come as a great relief to welcome them back in person. However, volunteers, like employees, represent some risk to your organization. For
Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case with tax questions, the answer is … it depends. The key factor is who paid for the benefit. If the
A warning if your not-for-profit organization is looking for expenses to cut: Don’t skimp on insurance. Should your nonprofit experience a fire, major theft or other calamity, you’ll be glad you have the coverage. Of course, you may also be
Small business owners are well aware of the increasing cost of employee health care benefits. As a result, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). Or perhaps you already
On September 30, the Financial Accounting Standards Board (FASB) finalized a rule to defer the effective date of the updated long-term insurance standard for a second time. The deferral will give insurers more time to properly implement the changes amid the