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 | Cybersecurity

U.S. Average Breach Cost Hits Record High of $10.22 Million

The average cost of a data breach in the U.S. soared to an all-time high of $10.22 million, even as the global average cost dropped 9% to $4.44 million, according to IBM’s Cost of a Data Breach Report 2025. The (…)

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MJ Foundation
PUBLISHED February 27th, 2025

The MJ Foundation Releases Its 2024 Foundation Impact Report

The MJ Companies

INDIANAPOLIS (February 27, 2024) – The MJ Foundation, the charitable arm of leading financial services firm, The MJ Companies, has released its 2024 annual …

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Risk Management
PUBLISHED February 25th, 2025

Commercial Property/Casualty Market Index Q4/2024

The MJ Companies

Premiums across all account sizes rose by an average of 5.4% in Q4 2024, a slight increase from the previous quarter’s 5.1%. As in …

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Risk Management
PUBLISHED February 20th, 2025

Nonprofit Sector Trends to Watch in 2025

The MJ Companies

To continue serving the public and fulfilling their missions, nonprofit leaders must proactively respond to emerging trends that impact their sector. In 2025, key …

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News and Updates
PUBLISHED February 10th, 2025

The MJ Companies Adds Experienced Leader as New Director of Analytics, Risk Management + Commercial Insurance

The MJ Companies

DENVER — [February 10, 2025] — The MJ Companies, a leading risk management and employee benefits consulting firm, is pleased to announce the appointment …

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Risk Management
PUBLISHED January 28th, 2025

Verisk Estimates LA Wildfire Insured Losses at $28 to $35 Billion

The MJ Companies

Verisk’s Extreme Event Solutions team has projected insured losses ranging from $28 billion to $35 billion for the Palisades and Eaton Fires that devastated …

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Benefits+
PUBLISHED January 15th, 2025

New Colorado FAMLI Rules Include Employer Penalties

The MJ Companies

The new rules address the coordination of FAMLI with other benefits and establish penalties for violations. The Colorado Department of Labor and Employment recently …

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MJ Foundation
PUBLISHED January 14th, 2025

The MJ Foundation Awards Three $25,000 Grants to Local Non-Profits in Indianapolis, Phoenix, and Denver

The MJ Companies

INDIANAPOLIS (Jan. 14, 2025) – The MJ Charitable Foundation (the MJ Foundation), has awarded three $25,000 grants to non-profits in the Indianapolis, Phoenix, and …

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Risk Management
PUBLISHED December 3rd, 2024

The Value of Business Interruption Insurance

The MJ Companies

When organizations face large-scale disasters or other unexpected losses, ensuring business continuity is often a top priority. Yet, various losses may make it challenging …

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News and Updates
PUBLISHED November 26th, 2024

The MJ Companies Named as an Honoree for Phoenix Business Journal’s 2024 Best Places to Work Awards

The MJ Companies

PHOENIX (Nov. 26, 2024)– The MJ Companies, a leading financial services firm for over 60 years, has been included in this year’s group of …

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Risk Management
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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Risk Management
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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Risk Management
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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