MJ Insight

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

Risk Management
Risk Management

Five Ways to Keep Your School Safe and Insurable

The landscape for school safety and insurance has changed dramatically—and schools are feeling it. What once felt like a compliance exercise is now a high-stakes balancing act between protecting students and staff—and meeting the evolving expectations of insurers. For every (…)

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Risk Management
Stock market chart displaying candlestick patterns, trend lines, and moving averages on a blue background, illustrating market fluctuations and trading analysis.
PUBLISHED November 25th, 2024

Commercial Property/Casualty Market Index Q3/2024

The MJ Companies

Moderation in premium increases continued in Q3 2024, according to The Council’s Quarterly P/C Market Report. Premiums across all account sizes rose by 5.1%, …

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MJ Foundation
Family gathered outside Virginia Auto Service, showcasing a friendly atmosphere with a van in the foreground, emphasizing community and support in auto care services.
PUBLISHED November 21st, 2024

The Power of Community

Britni Shrout

You’re 17 years old, facing the challenges of being a child in the foster care system, contending with abuse, and ultimately left in a …

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Risk Management
A construction professional types on a laptop at a work desk with blueprints and a yellow hard hat, while two colleagues discuss plans in the background.
PUBLISHED November 19th, 2024

Navigating Cybersecurity Challenges in the Construction Industry

The MJ Companies

The construction industry is continuously moving toward digitization, adopting advanced technology such as artificial intelligence, the Internet of Things (IoT) and Building Information Modeling …

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Benefits+
View of the U.S. Capitol building framed by the marble columns of the Supreme Court, with an American flag visible in the background against a clear sky.
PUBLISHED November 18th, 2024

Employee Benefit Plan Deadline Relief Issued Due to Recent Natural Disasters

DeAnn Deck

On Nov. 8, 2024, federal agencies issued deadline relief to ensure that employee benefit plans, participants, beneficiaries, qualified beneficiaries and claimants in disaster areas …

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Risk Management
Red "Sorry We Are Closed" sign hanging in a storefront, indicating that the business is not currently open to customers.
PUBLISHED November 12th, 2024

Additional Coverages and Extensions Under the Business Income and Extra Expense Form

The MJ Companies

When organizations encounter unexpected disasters, avoiding operational disruptions or temporary shutdowns may be challenging, and even brief closures can carry costly consequences. That’s where …

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Leave and Absence Management
Close-up of a sticky note labeled "Paid Leave" placed on a calendar with a pen beside it, symbolizing time off and employee benefits.
PUBLISHED November 5th, 2024

Tale of Two Employers: Early Learnings from the Launch of Colorado’s Paid Leave Insurance Program

Courtney Hutchison

Colorado is a leader in family-supporting policies and one of 13 states with paid family and medical leave laws. As such, we are trailblazers …

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Benefits+
United States Capitol building in Washington, D.C., featuring its iconic dome and statue on top, surrounded by clear blue skies and trees. The image highlights the architectural grandeur and historical significance of the Capitol, a symbol of American democracy.
PUBLISHED November 5th, 2024

IRS Announces 2025 Retirement Plan Limits

DeAnn Deck

The IRS has released Notice 2024-80, containing cost-of-living adjustments for 2025 that affect amounts employees can contribute to 401(k) plans and individual retirement accounts …

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Risk Management
Wooden gavel resting on a background of scattered hundred-dollar bills, symbolizing justice and financial matters in legal contexts.
PUBLISHED October 29th, 2024

The Rise of Nuclear Verdicts: A Case Study

The MJ Companies

What Is a Nuclear Verdict? Nuclear verdicts refer to exceptionally high jury awards—generally, those exceeding $10 million. Such verdicts have become increasingly common in …

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Benefits+
United States Capitol dome with a statue on top, featuring an airplane flying in the background against a cloudy sky.
PUBLISHED October 23rd, 2024

IRS Releases Health FSA Limit for 2025

DeAnn Deck

On Oct. 22, 2024, the IRS released Revenue Procedure 2024-40 (Rev. Proc. 24-40), which includes the inflation-adjusted limit for 2025 on employee salary reduction …

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Risk Management
Combination padlock on a keyboard with credit cards, symbolizing online security and data protection.
PUBLISHED October 22nd, 2024

Data, Data, and More Data Privacy Requirements:

Carol Scully

In today’s rapidly advancing digital landscape, technology and artificial intelligence (AI) are transforming the way businesses operate. But with these advancements come new challenges—especially …

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Benefits+
View of the U.S. Capitol building framed by the marble columns of the Supreme Court, with an American flag visible in the background against a clear sky.
PUBLISHED October 21st, 2024

IRS Expands List of Preventive Care Benefits for HDHPs

DeAnn Deck

The IRS has expanded the list of preventive care benefits permitted to be provided by an HDHP without a deductible. If you administer a …

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Risk Management
Flooded residential area with a street sign indicating "25th St SW," submerged in water. Houses in the background are partially visible, illustrating the impact of severe flooding.
PUBLISHED October 15th, 2024

Navigating Environmental Risks After Natural Disasters

The MJ Companies

After a natural disaster has passed, the challenges businesses face are often just beginning. Although property damage, injuries and business interruptions directly caused by …

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