The Advisors Blog

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Reputational Risk

We live and work in an era of unprecedented political, social and media volatility. Whether it be the 24/7 news cycle, someone posting an article on Facebook or a petition sent via email about a certain cause, we are inundated with information and breaking news.

Post Irma Potpourri

In this ever-changing world, businesses now face more natural and man-made disasters than before, complicating the management of their risk and insurance programs. Hurricanes, tornadoes, fires, unauthorized access/intruders in our physical space and electronic data systems, terrorism, government shutdown.

Name Your Own Price... for a Hospital Stay

You can “name your own price” for a hotel room, but what if you could name your own price for a hospital stay? That is exactly what a growing number of employers are doing through their self-funded health plans. It’s called Cost Plus and it is saving early adopting employers 25% or more of their healthcare spending.

How Stable Is Your Homeowner Company?

Most of us living in the Sunshine State have homeowner policies issued through Florida domiciled insurance companies who opened for business following the 2004/05 storm seasons, breathing new life into a crumbling Florida property insurance market after many carriers left the state .

Complacency or Loyalty, which is it?

I remember listening in on one of my dad’s sales calls years ago, when he responded to the prospect’s objection to a meeting with “at the very least a meeting with me will keep your current vendor honest.” For some reason, with all the things that come and go in my memory, this has always remained fresh. The very premise of capitalism is that healthy competition keeps prices down and encourages innovation.

Make insurance great again – 5 misunderstood business insurance coverages

Why stop with America – let’s make insurance great again! There was a time when the profession of transferring risk was sought after and even put on a pedestal. I find in today’s world, though, that the dilution of our profession into peddling of insurance ‘products’ as opposed to risk transfer partnerships has caused typical insurance buyers to turn up their noses at the mere mention of the dirty word, ‘insurance.’

Want to Get Away?

Sarah comes in your office with a problem; according to her dentist, she isn’t on your dental plan. She knows she enrolled last year. She shows you her pay stub, with a dental deduction.

Seven Years Down the Drain?

When I think about the results of this election and about Obamacare and the millions of hours spent learning and implementing it, I can’t help but identify with John Belushi as Bluto in Animal House after being expelled from college. Do you remember what he said? “Seven years down the drain”. No one knows what will become of Obamacare, and no one is suggesting that employers cease compliance, but here are a few things we do know.

How Do I Get The Most From My Healthcare Benefits and Have A Successful Healthcare Experience?

Health Insurance costs continue to go up at record-breaking levels. This is mainly due to the high cost of medical services; hospitals and providers are charging more than ever for services. What can you do to help avoid paying too much and to have the best experience possible when visiting medical providers? We have put together some helpful “tips and tricks”:

Choosing the Right Health Plan from my Employer

Most workers take less time researching their benefit options (30 minutes) than they do shopping for a television (two hours). In 2015, the cost of healthcare for a typical American family of four covered by an average employer-sponsored preferred provider organization (PPO) plan was $24,671 according to the Milliman Medical Index (MMI). That is quite a bit more than your average TV!

What is your Employee Benefits Score?

It’s hard to escape ads and articles about our credit scores. If you knew you would be buying a home at the end of the year, you would probably check your credit score to be sure you were ready and would get the best interest rate. If your score was lower than you’d like, you’d want to know what can be done. You’d probably learn that correcting credit issues takes time, so you’d start right away. So, what is your Employee Benefits Score today? What can you do to improve it and when should you start?

Planning for the Unthinkable

What will you do when disaster strikes your business? Everyone expects life to return to normal, but for many business owners, the reality is much more devastating. According to the U.S. Department of Labor, it is estimated that over 40% of businesses never reopen following a catastrophic event. Of those that remain, approximately 25% will close within 2 years.


A hailstorm hits your neighborhood. The next day someone knocks on your door and says all your neighbors have sustained roof damage. He’d be happy to assess your roof and make any necessary repairs. And don’t worry; he’ll take care of the hassle of filing a claim. You don’t have to do a thing – just sign a form.

The Pendulum is Swinging

Workers’ Compensation in Florida is facing considerable uncertainty as a result of three recent high court rulings. Here is a summary of how the pendulum is swinging in favor of claimants in those decisions and what we can expect as a resulting impact.

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