Guy Hurley in CAM Magazine

 

Titled "Data Analytics and Contractual Risk Transfer Make Waves in the Surety and Insurance World," Guy Hurley's Bob Heuer writes about the movement afoot to give contractors a peek in the box as to how bond companies evaluate contractors for approval and program parameters in the latest issue of CAM Magazine. (Spolier alert: The aforesaid 'movement' is going on between us and our customers. Whether it's going on anywhere else, we really don't know.)

Bob writes: "If you are a contractor, either a general or a sub, and you haven't reviewed (and asked your insurance provider and/or legal counsel to review) your subcontract lately, then you are likely getting substandard protection."

Read the full story here that shares how to ensure you're getting in front of issues and opportunities.

Guy Hurley's Leslie Loftus also writes about the often overlooked protections your health insurance doesn't cover.

Leslie says: "With all the focus on healthcare reform and health insurance changes in the past few years, it is easy to lose sight of valuable other protections you may wish to consider."

Read the full story here to understand the insurance options that can be entirely employee-paid, employer-paid or a combination of both. 

 

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Posted by Guy Hurley in General

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Florida Workers' Comp Changes

November 09, 2016 by Tina Papa

How is your company responding to recent developments in the Florida workers compensation market? In case you missed it, the Florida Office of Insurance Regulation (OIR) has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for an overall combined statewide average rate increase of 14.5%. This rate increase applies to both new and renewal workers compensation insurance policies effective in Florida as of Dec. 1, 2016, with no change in rates for current in-force policies. This is a result of fallout from two recent Florida Supreme Court decisions, Castellanos and Westphal. Why the large rate increase? In Castellanos, the Florida Supreme Court has ruled that the states mandatory attorneys fee schedule for workers compensation cases is unconstitutional under both Floridas and the U.S. constitution as a violation of due process. According to one Florida attorney familiar with the ruling in Castellanos vs. Next Door Co., the decision will

Guy Hurley in CAM Magazine

October 10, 2016 by Guy Hurley

Titled Data Analytics and Contractual Risk Transfer Make Waves in the Surety and Insurance World, Guy Hurleys Bob Heuer writes about the movement afoot to give contractors a peek in the box as to how bond companies evaluate contractors for approval and program parameters in the latest issue of CAM Magazine.(Spolier alert:The aforesaid movement is going on between us and our customers. Whether its going on anywhere else, we really dont know.) Bob writes: If you are a contractor, either a general or a sub, and you havent reviewed (and asked your insurance provider and/or legal counsel to review) your subcontract lately, then you are likely getting substandard protection. Read the full story here that shares how to ensure youre getting in front of issues and opportunities. Guy Hurleys Leslie Loftus also writes about the often overlooked protections your health insurance doesnt cover. Leslie says: With all the focus on healthcare reform and health insurance changes in the past few

Guy Hurley at Focus: HOPE

August 25, 2016 by Guy Hurley

The Guy Hurley team gathered to pack food for a worthy organization based in Detroit called Focus: HOPE. Approximately 38,000 senior citizens in 42 metropolitan Detroit communities receive nutritional, supplemental food through Focus: HOPE each month. For many of these seniors who do not have transportation, the box of food is their main source of nutritious food. At a time when they should be enjoying their golden years, many are barely able to pay living and medical expenses. The U.S. Department of Agriculture food supplements ensure that our older citizens get the assistance they need. We are grateful to support an organization that is transforming so many lives in the city where we work, live and play.

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