MJ Insight

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

Employee Benefits
Employee Benefits | News and Updates

THE MJ COMPANIES STRENGTHENS BENEFITS COMPLIANCE PRACTICE WITH ADDITION OF INDUSTRY LEADER 

INDIANAPOLIS – The MJ Companies, a leading business and financial services consulting firm for more than 60 years, announces the addition of an accomplished benefits compliance professional to its team. Rebecca McColm is joining as Associate Director of Benefits Compliance, (…)

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Risk Management
Business professional calculating finances with a calculator, surrounded by financial documents and a pen on a wooden desk.
PUBLISHED November 4th, 2025

E&S Market Soars As Industry Seeks Creative Coverage Options

The MJ Companies

The U.S. excess and surplus lines market continues to notch solid growth, rising 12.3% to $130 billion in direct written premium in 2024 after …

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Risk Management
Close-up view of three stacked laptops showcasing their ports, including USB-C, HDMI, and USB-A, on a cardboard background, illustrating modern laptop connectivity options.
PUBLISHED October 21st, 2025

Bricking Coverage in Cyber Insurance

The MJ Companies

Bricking is a type of cyberattack that renders a device unusable, effectively making it a “brick.” It targets hardware—disabling computers, tablets, hard drives, phones …

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Benefits+
Close-up view of classical architectural columns with fluted design and stone steps, highlighting the texture and details of the structure.
PUBLISHED October 3rd, 2025

Colorado Private Plan Maintenance Fee

The MJ Companies

The Colorado Department of Labor and Employment (CDLE) wrapped up its most recent round of changes to the Private Plan Regulations (7 CCR 1107-5), …

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News and Updates
Aerial view of First and Main, showcasing a residential community with well-planned streets, green spaces, and modern architecture. The image features the First and Main logo prominently, emphasizing the community's identity and layout.
PUBLISHED October 1st, 2025

The MJ Companies and Cooper Risk Advisors Partner to Serve Niche Businesses

The MJ Companies

INDIANAPOLIS (October 1, 2025) – The MJ Companies, a leading financial services firm for nearly 60 years, and Cooper Risk Advisors, a privately held …

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News and Updates
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PUBLISHED September 30th, 2025

The MJ Companies Hires Melinda Eckard as Vice President, Employee Benefits Operations

The MJ Companies

INDIANAPOLIS (Sept. 30, 2025) – The MJ Companies, a leading financial services firm for nearly 60 years, is proud to announce the addition of …

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Risk Management
Wooden gavel resting on a pile of hundred-dollar bills, symbolizing legal proceedings and financial matters.
PUBLISHED September 23rd, 2025

THE RISING RISK OF NUCLEAR VERDICTS IN MANAGEMENT LIABILITY LITIGATION

The MJ Companies

Nuclear verdicts, which refer to exceptionally high jury awards, have become increasingly common. Several factors have contributed to this trend, including a shifting litigation …

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Risk Management
Abstract digital circuit board with security padlock icons, symbolizing cybersecurity and data protection.
PUBLISHED September 16th, 2025

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

The MJ Companies

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 …

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News and Updates
Logos of nonprofit organizations including MJ Foundation, Indy Reads, We Don't Waste, Uprise, and Amanda Hope, symbolizing community support and collaboration for social causes.
PUBLISHED September 11th, 2025

The MJ Foundation Names Four Local Nonprofits in Indianapolis, Phoenix, Denver, and Nashville as New Charities of Choice

The MJ Companies

INDIANAPOLIS (Sept. 10, 2025) – The MJ Charitable Foundation (the MJ Foundation), has named four nonprofits in the Indianapolis, Phoenix, Denver, and Nashville community …

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News and Updates
Signage of MJ Company on a building exterior with a water tower and telecommunications tower in the background under a clear blue sky.
PUBLISHED September 3rd, 2025

The MJ Companies Named a 2025 Best Practices Agency

The MJ Companies

The MJ Companies retained its Best Practices status for 2025, joining an elite group of independent insurance agencies from across the United States.    The …

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News and Updates
Professional woman with long brown hair wearing a purple blouse, smiling confidently in a modern office environment.
PUBLISHED August 19th, 2025

The MJ Companies Welcomes Anu Dhamecha as Director of Pharmacy Practice

The MJ Companies

INDIANAPOLIS (August 19, 2025) – The MJ Companies (MJ), a leading business and financial services consulting firm for more than 60 years, is continuing …

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Risk Management
Financial market analysis chart displaying candlestick patterns, trend lines, and indicators on a dark background, illustrating price movements and trading strategies.
PUBLISHED August 18th, 2025

Most Lines of Business Softened in Q2 2025, The Council’s P+C Market Survey Shows

The MJ Companies

Softened market conditions were again evident this quarter. Premiums across all account sizes rose by an average of 3.7%, down from 4.2% in Q1 …

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Risk Management
Two construction workers wearing bright yellow safety vests hold blue hard hats while standing in a warehouse aisle, emphasizing workplace safety and preparedness.
PUBLISHED August 12th, 2025

Five Strategies for Reducing Workers’ Compensation Costs

The MJ Companies

When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key …

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