MJ Insight

Explore MJ Insight, where we cover trending topics, provide industry insights, and keep you up-to-date on the latest compliance regulations.

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ACA Information Reporting Penalties Increased for Returns Filed in 2025

PUBLISHED April 26th, 2024
Ann Poland

IRS Revenue Procedure 2023-34 includes updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) requirements under Internal Revenue Code Sections 6055 and 6056. The increased amounts apply to 2024 information (…)

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Risk Management
PUBLISHED April 2nd, 2024

Trucking Industry Trends to Watch in 2024

The MJ Companies

Trucking industry conditions are constantly evolving, and businesses in the truck transportation subsector need to be aware of the changing landscape to maintain operational …

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Risk Management
PUBLISHED February 27th, 2024

Construction Industry Trends to Watch in 2024

The MJ Companies

The construction industry has encountered volatility and uncertainty in recent years, brought on in part by fluctuating consumer behaviors, material procurement difficulties, project delays, …

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Risk Management
PUBLISHED February 8th, 2024

Building a Strong Safety Culture

Mike Janicki

The Occupational Safety and Health Administration (OSHA) emphasizes that fostering a robust safety culture is the single most influential factor in reducing workplace accidents …

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Risk Management
PUBLISHED December 21st, 2023

2024 Commercial Property & Casualty Market Outlook

The MJ Companies

Introducing the Commercial Property & Casualty Market Outlook for the year 2024. Within this report, we are pleased to present insights into the current …

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News and Updates
PUBLISHED November 16th, 2023

THE MJ COMPANIES AND SAMSARA WORK TOGETHER TO REVOLUTIONIZE COMMERCIAL AUTO RISK MANAGEMENT

The MJ Companies

The MJ Companies is thrilled to announce its strategic partnership with Samsara, the pioneer of the Connected Operations™ Cloud. With this collaboration, MJ is set …

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Risk Management
PUBLISHED November 14th, 2023

CAPTIVES IN FOCUS: ARE THEY RIGHT FOR YOU?

Byron Shultz

Amid a challenging insurance market, companies are on the lookout for creative solutions to bolster their financial resilience. One strategy that continues to gain …

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Risk Management
PUBLISHED October 17th, 2023

WINTER WEATHER PREPAREDNESS: PROTECTING YOUR BUSINESS

Mike Janicki

Over the past decade, we’ve witnessed a series of winter weather events that have left a trail of destruction in their wake. In 2021, …

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Risk Management
PUBLISHED September 21st, 2023

MITIGATING CLIMATE RISK IN THE RISE OF NATURAL DISASTERS

Mike Janicki

Extreme rainfall, hurricanes, droughts, and wildfires have captivated the nation this year. People have lost their homes, businesses and lives. If it seems like …

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Risk Management
PUBLISHED September 14th, 2023

NAVIGATING UNCERTAINTY: MANAGING SUPPLY CHAIN RISKS

Aaron Parker

Lean manufacturing has evolved into a pivotal element of effective supply chain management, empowering businesses to maintain agility and adaptability in response to shifting …

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Risk Management
PUBLISHED August 23rd, 2023

INSURANCE VALUATION CAUSING YOU HEADACHE? 4 TIPS TO ALLEVIATE THE PAIN

Aaron Parker

When it comes to purchasing or renewing commercial property insurance, ensuring correct property valuations is vital. It can make all the difference in providing …

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Risk Management
PUBLISHED August 10th, 2023

ECONOMIC PERSPECTIVES: US RESISTS RECESSION DESPITE STICKY INFLATION

Adam Adler

As we barrel closer to 2024, the economic outlook is nothing if not dynamic. While the banking sector grapples with persistent challenges, whispers of …

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Risk Management
PUBLISHED August 3rd, 2023

UNDERSTANDING GROUP CAPTIVES

Adam Adler

In terms of risk management practices, captive insurance is hardly the new kid on the block. Yet, faced with tightening carrier restrictions and ever-increasing …

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