04 Jan

January 2018 TrussConnect

WORKERS COMPENSATION POLICY REMINDER

Did you know that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy? To get coverage for an owner, they must complete an Election Form. See attached. This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative. A Workers Compensation claim could be denied. Form: Election of Individual to Come Under Act

WHERE DOES THE HEALTH CARE INDUSTRY STAND AT THE END OF 2017?
By Alan Goforth, benefits pro
This article originally appeared on December 27, 2017, at benefitspro.com

Brokers, carriers, and politicians have written and spoken volumes about the status of health care benefits in 2017. As the year winds down, is it possible to sum up the 12-month roller-coaster in just one word? “Uncertain,” says Liz Gallops, individual insurance specialist for Allegacy Benefit Solutions in Winston-Salem, North Carolina.
Read More

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Follow Truss on social media to see the latest updates from our expert advisors, photos from our company events, and all things #TeamTruss!
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HAPPY NEW YEAR!

 

 

 

 

 

 

 

 

24 Dec

Happy Holidays!

Wishing you Happy Holidays and a Wonderful New Year! As a reminder, Truss will be closed on December 25 and 26, and on January 1.

Thank you for a wonderful 2017 and we look forward to serving you in 2018!

20 Dec

Did you know?

Did you know…..

that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy?  In order to get coverage for an owner, they must complete an Election Form.  See attached.  This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative.  A Workers Compensation claim could be denied.

FORM: ELECTION OF INDIVIDUAL TO COME UNDER ACT NOTICE

15 Dec

‘Tis the Season for Ugly Sweaters

In celebration of National Ugly Sweater day, our associates really got into the holiday spirit and sported some AMAZINGLY ugly/tacky sweaters. Go #TeamTruss!

 

05 Dec

December TrussConnect

OSHA Extends Compliance Date for Workplace Injury
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has extended the date by which employers must electronically report workplace injury and illness data through the Injury Tracking Application (ITA) to December 15, 2017. This extension allows affected employers added time to adapt to the new electronic reporting system that launched on August 1, 2017.

10 Holiday Tips for Staying Healthy and Safe
As the holiday season approaches this year, keep yourself and your loved ones healthy and safe with these ten simple tips from The Centers for Disease Control and Prevention.

The holidays can be one of the most wonderful times of the year—and one of the most stressful. As this season approaches, help keep yourself and your loved ones healthy and safe with these ten simple tips.

  1. Wash your hands frequently
    It’s simple, but it’s one of the most basic ways to stay healthy. Keeping your hands clean can help prevent illness and the spread of germs. To get your hands clean, wash them with soap for at least 20 seconds. If soap and water aren’t an option, try an alcohol-based hand sanitizer.
  2. Bundle up
    When the temperature drops, be sure to wear layers of warm clothing. Because colder weather can cause health problems, check on children, older adults and pets more frequently.
  3. Actively manage your stress
    Many people experience more stress as the holidays approach. Actively manage stress by getting enough sleep. Avoid overcommitting, overspending, and try to keep a relaxed, positive outlook.
  4. Be safe when you hit the road
    Be sure to designate a sober driver for holiday parties—and always buckle up when you get in the car. If you’re traveling with kids, make sure that you buckle them in the car using a booster seat or child safety seat, according to their height, weight, and age.
  5. Celebrate smoke-free
    The holidays are a great time to renew your commitment to your, health by resolving to quit smoking. Talk to your healthcare provider for quitting tips, or sign up for our Tobacco Cessation Incentive Program.
  6. Visit your doctor
    Take care of your health for the year to come by visiting your doctor for any annual exams or screenings, which can help find problems early or before they start. Make sure your vaccinations are all up to date and consider getting a flu shot to help avoid the illness this season.
  7. Keep an extra close eye on kids
    Be sure to supervise children well this holiday season. Keep potentially hazardous toys, food, drinks, household items and choking hazards out of their reach.
  8. Prevent fires
    With decorations and celebrations, you may find that you have extra fire hazards around during the holiday season. Be sure that strings of lights are connected properly. Keep lit candles away from children and pets—as well as walkways, trees, and curtains. Never leave fireplaces, stoves or candles unattended. Check that all your fire detectors are functioning well, and change their batteries if necessary.
  9. Practice food safety
    As you prepare holiday meals, stay safe from foodborne illness. Wash your hands and countertops frequently. Avoid cross-contamination by storing raw meat, poultry, seafood and eggs separate from ready-to-eat foods. Use a food thermometer to check the internal temperature of meats before serving, and refrigerate your leftovers promptly.
  10. Eat healthy and stay active
    Temptations abound during the holiday season. Help maintain your weight by consciously making healthier choices, like opting for larger portions of vegetables and whole grains, and smaller portions of high-fat treats. Don’t forget to exercise. Try to stay active for 2.5 hours a week, and encourage children and teens to be active for at least one hour a day. As always, before starting any exercise program, talk to your doctor and see what he or she recommends.

Offices Closed
As a reminder, Truss will be closed December 25 – 26, and on January 1. Thank you for a wonderful 2017 and we look forward to serving you in 2018!

Happy Holidays

 

 

 

 

 

 

22 Nov

Happy Thanksgiving!

16 Nov

TrussU Webinar: Social Media in the Workplace

Social media can be a powerful tool to grow your business, but it can create workplace distractions. Join us on December 5 as we discuss when and how to regulate the use of social media including tips for implementing a social media policy!

https://register.gotowebinar.com/register/6761837462220971778

 

10 Nov

Thank you Veterans!

07 Nov

November TrussConnect

Jason Patchen

Commercial Auto Industry Sees Significant Premium Increases
by Jason Patchen
Chief Marketing Officer

Throughout 2017, premiums within the commercial auto space have seen increases – some of which are significant.

According to various industry rating agencies, in 2016 the United States commercial auto industry reported its worst underwriting performance since 2001 with a 110.4 percent combined ratio. The segment produced an underwriting loss for six consecutive years, unfavorable claim trends indicate continued high loss ratios, and adverse reserve development will continue throughout 2017 and beyond. Several factors are driving these claim trends including:

  • More traffic. Nationwide, vehicle miles driven increased 3.3 percent year-over-year in the first half of 2016 and is now at an all-time high. More vehicles = higher frequency of accidents.
  • Distracted drivers. More than 25 percent of crashes have been attributed to distracted driving.
  • Escalating medical costs. Medical costs are climbing more than 1.5 times faster than other costs.
  • Risk repair costs. Record U.S. auto sales mean newer cars require more expensive parts.
  • Increased accident frequency plus severity. Rising claims costs typically stem from either increased frequency or severity – but in the case of commercial auto, it’s both.
  • Inexperienced or undesirable drivers. A shortage of skilled commercial drivers with good driving records = greater odds for accidents

While other commercial insurance industry segments have seen more competitive pricing, continued rate increases are expected going forward as a result of these trends. Our insurance carrier partners are teaming with us in an attempt to mitigate losses for our clients through risk control measures – these include implementing a fleet safety program and a distracted driving policy.

One of our carrier partners, United Fire Group, has launched the “Worth It” campaign. This distracted driving educational and incentive program aims to bring people together and asks participants to pledge an end to distracted driving. However, hands-free devices also are contributing to this issue. Full campaign details including research findings and a distracted driving presentation are located on the following website: www.ufgworthit.com.

Are you interested in learning more about the commercial auto marketplace, need assistance with your risk control measures, or want more information on the Worth It distracted driving presentation? Please contact your Truss representative today!

Recapping Recent Health Care Updates
by Mark Avery
Chief Strategy Officer

Last week President Trump took two distinct actions in his effort to shape health care. The first was to sign an Executive Order intended to increase access to association health plans, lengthen the availability of short-term medical policies, and allow insurance to be sold across state lines. The second was a pronouncement the government would immediately end Cost-Sharing Reduction (CSR) payments to insurers.

The first action, long a Republican ideal, was expected; the second was a bit more surprising if for no other reason than its timing.

READ MORE

Congratulations Marko!

Marko Ugnaschick, CEO of Two West Companies, was recently named by the Financial Times magazine as one the 2017 Top U.S. Retirement Advisors. He was one of five Kansas City area retirement plan advisor to earn this national recognition.

READ MORE

19 Oct

Commercial Auto Industry Sees Significant Premium Increases

Jason Patchen By Jason Patchen
Chief Marketing Officer

Throughout 2017, premiums within the commercial auto space have seen increases – some of which are significant.

According to various industry rating agencies, in 2016 the United States commercial auto industry reported its worst underwriting performance since 2001 with a 110.4 percent combined ratio. The segment produced an underwriting loss for six consecutive years, unfavorable claim trends indicate continued high loss ratios, and adverse reserve development will continue throughout 2017 and beyond. Several factors are driving these claim trends including:

  • More traffic. Nationwide, vehicle miles driven increased 3.3 percent year-over-year in the first half of 2016 and is now at an all-time high. More vehicles = higher frequency of accidents.
  • Distracted drivers. More than 25 percent of crashes have been attributed to distracted driving.
  • Escalating medical costs. Medical costs are climbing more than 1.5 times faster than other costs.
  • Risk repair costs. Record U.S. auto sales mean newer cars require more expensive parts.
  • Increased accident frequency plus severity. Rising claims costs typically stem from either increased frequency or severity – but in the case of commercial auto, it’s both.
  • Inexperienced or undesirable drivers. A shortage of skilled commercial drivers with good driving records = greater odds for accidents.

While other commercial insurance industry segments have seen more competitive pricing, continued rate increases are expected going forward as a result of these trends.  Our insurance carrier partners are teaming with us in an attempt to mitigate losses for our clients through risk control measures – these include implementing a fleet safety program and a distracted driving policy.

One of our carrier partners, United Fire Group, has launched the “Worth It” campaign. This distracted driving educational and incentive program aims to bring people together and asks participants to pledge an end to distracted driving. However, hands-free devices also are contributing to this issue. Full campaign details including research findings and a distracted driving presentation are located on the following website: www.ufgworthit.com.

Are you interested in learning more about the commercial auto marketplace, need assistance with your risk control measures, or want more information on the Worth It distracted driving presentation? Please contact your Truss representative today!