The Escalating Crisis of Underinsurance in U.S. Commercial Properties
Rising construction costs and inflation are causing a surge in underinsured commercial properties. We look at how these factors, along with a lack of understanding about coinsurance, can significantly impact business finances in the event of a claim.
Ask the Experts: Deductions & Exempt Employees
Need help navigating exempt employee deductions? Our Employee Benefits include access to HR experts who can answer your questions on FLSA compliance & deductions. Ensure you’re following wage & hour laws.
Ask the Experts: HR Compliance Tips & Advice
Our Employee Benefits customers receive access to the Mineral HR and compliance platform. Mineral goes beyond just tools, offering direct access to certified HR experts. We make a selection of expert answers to common questions available to all of our clients. Question: We have two employees who openly dislike each other. How can we help […]
Celebrate National Insurance Awareness Day on June 28th
June 28th marks National Insurance Awareness Day, an annual reminder for individuals, families, and businesses to review their insurance policies and assess any outstanding needs. This day is an excellent opportunity to ensure your insurance coverage is up-to-date and aligned with your current life circumstances. Why Insurance is Important Insurance plays a crucial role in […]
Did you know? Exclusive services for our benefits clients.
At IMA, we are committed to providing unparalleled benefits to our clients and provide access to Mineral, an advanced online platform designed to assist you with all of your HR processes. Mineral is your gateway to a robust suite of HR resources and expert guidance. Here is what you can expect: HR Compliance Library: Stay […]
Celebrating World Motorcycle Day: Honoring Riders and Promoting Safety
World Motorcycle Day is dedicated to the passionate community of motorcyclists around the globe. This day not only honors the freedom and excitement that come with riding but also emphasizes the importance of safety for all riders. Motorcycles offer a unique sense of adventure and connection with the road, allowing riders to experience their surroundings […]
Using Claims Data to Guide Your Risk Management Strategy
We insure a regional, retail food service company with over 50 locations throughout New England. This is a story of success through the application of sound risk management principles. First a snapshot of their claim history. Notice that as the frequency (blue bars) fell from 32 to 2, their severity (red line) dropped from $995k […]
Do you need boat insurance in Massachusetts?
Legally speaking, no. Private boat owners in Massachusetts are not required to carry boat insurance. Despite the lack of state legislation, the majority of boat owners in Massachusetts will still carry some form of coverage for their watercraft, for two broad reasons: Some of the situations where boat owners are likely to find themselves needing […]
15 Types of Coverage Brewers Should Ask Their Agent About
Running a brewery involves a variety of risks at every level of business. While following best practices is always a good place to start, having the right coverage is crucial in protecting your business when calamity strikes. These are 15 types of coverage for breweries, tap rooms, restaurants, delivery, production safety, quality control and distributors […]
The Property Claim Lifecycle
It doesn’t matter if you’re a manufacturer, landlord or a homeowner, a catastrophic property loss will be a milestone event in your lifetime. It will probably be part of every conversation you have for the next several months. It will be something you remember for the rest of your life. I’ll give you the punchline […]
