Every private equity investor and common owner of a portfolio of businesses asks the same question: How can I lower my costs? The answer: Employees. Your employee population is a valuable resource in saving money. You’re already providing benefits to this group, so consider combining them into one health insurance…

Every year, employers stress over the cost of health insurance for employees, but there are some tricks to controlling costs. You have to know what’s driving costs up in the first place – and then figure out how to reign them in. Maybe your company hasn’t shopped around enough for…

When it comes to food, most people have a rather hearty appetite. A four-course dinner at a trendy new restaurant or a burger and a beer at a beloved corner bar? Bring it on! But when it comes to business-essential topics like insurance and the associated commercial risks that make…

With the evolution from the design-bid-build approach to construction to more collaborative delivery models (integrated project delivery, design-build, delegated design, design-assist), all or portions of the risk for negligent act, errors or omissions in design have shifted to the construction manager and its subcontractors. General liability policies carried by contractors…

Like taxes and Michigan road construction, your employee benefits renewal is inevitable and may often be unaddressed until what feels like the last minute. This is rarely going to lead to the best possible outcome (just like all those annoying asphalt road patches aren’t the best response to the jarring…

Tracking devices seem like a great way to manage fleet operations or even save money on auto insurance. After all, they’re commonly used to track the location of our cell phones, family, friends, and our personal vehicles. However, choosing the safest technology is critical to avoid costly cyber attacks. Among…

It only takes a trip to the gas pump (or the grocery store) to remind us how inflation is affecting our daily lives. The latest consumer price numbers from the U.S. government show us that last month inflation rose 8.6 percent from a year ago, the highest increase since December…

Executive leaders today face unique challenges when it comes to saving for retirement. The amount they can put aside through their employer’s qualified plan is often far from what they need. Furthermore, if participation by rank and file employees in an existing plan is not high enough, or the plan…

On occasion, the client of an attorney will need a surety bond, which is placed by surety brokers. We refer to these as Court, Fiduciary and Probate Bonds, which are required by various courts in our judicial system.  These bonds are used to protect either property or money. So, let’s take a…

The last five years have been interesting, to say the least. They also brought about a variety of changes that have upended the way many of us work. What worked for most organizations in 2019 simply doesn’t cut it in 2025. The key to successfully moving forward is creating a…