The increase in property insurance rates in Texas is attributable to a multifaceted set of factors, primarily driven by the heightened frequency and severity of natural disasters, the rising costs of construction and labor, and the overarching impacts of climate change. This affects everyone, including us. We are insurance consumers too. Natural Disasters: Texas’ geographical […]
Read MoreWhy auto insurance premiums are increasing and what you can do to combat increases in 2024
Auto insurance rates in Texas, as in many other places, can be influenced by a variety of factors, leading to an increase for various reasons. It’s essential to understand and consider these factors carefully: Increased Number of Accidents: Texas has seen a rise in the number of accidents in recent years, partly due to higher […]
Read MoreDon’t Leave the success of your Business to chance. If you have Employees, you need Employment Practice Liability Protection.
Navigating the landscape of employer-employee relationships can be tricky, and for small businesses, the financial stakes are high. Employment Practices Liability Insurance (EPLI) offers a safeguard, providing protection against potential employment-related lawsuits. This blog explores what is covered, some compelling reasons (backed by relevant statistics) why small employers should not overlook the importance of EPLI, […]
Read MoreHelping Employers and Employees Navigate Rising Health Care Cost in 2023 – 2024
In light of the current healthcare landscape driven by historic inflation, we understand the challenges both businesses and employees face in this regard. That’s why we believe in providing comprehensive support to ensure your team can access the care they need without unnecessary financial burden. We’ve been working on several strategies to assist our clients […]
Read More2024 Open Enrollment Checklist – Employee Benefits
ABM Insurance & Benefit Services Employee Benefits Department want to make sure you are prepared for the compliance changes in 2024. There are always changes and we will help to make sure our clients are in compliance. We are sending this information to you and will discuss at your renewal. Please download the complete guidance […]
Read MoreUnderstanding the Increase in Home and Auto Insurance Rates
Home and auto insurance are essential for protecting one’s property and vehicles from unexpected events and accidents. However, it’s not uncommon for policyholders to notice that their insurance rates are increasing this year. Unfortunately, our agency cannot control carrier rate increases and or rate changes. It is frustrating for us as well, especially since we […]
Read MoreFourth of July – Tips to Help keep you, your family and your Pets Safe this Holiday.
Fourth of July can be ruff for pets. While fireworks, grilling, and outdoor gatherings add a certain spark to our July 4th celebrations, they’re known to pose potential hazards for not just our furry friends, but for everyone if not handled with caution. Here’s how to keep everyone safe and ensure an accident-free holiday for […]
Read MoreHSA/HDHP Limits Will Increase for 2024
On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year. These limits include: • The maximum HSA contribution limit; • The minimum deductible […]
Read MoreWhat Employers are doing to Lower Cost of their Benefit Offering while Maintaining Value.
If you are an organization offering Employee Benefits to your Full Time Eligible Employees, you understand the struggles of maintaining a compliant and affordable program that will Attract, Maintain and Motivate your employees. We have developed a creative and unique approach to provide value to all your employees. Let’s face it….. Not all employees […]
Read MoreAttract, Retain and Motivate Employees in your Company
We often write about ways that employers can Attract, Retain and Motivate the top talent in their industry. In fact, our principal wrote a book about it – “Employee Benefits Blueprint: Your Secret Weapon to Attract, Motivate and Retain Quality Employees”, – CLICK HERE TO ORDER A COPY Every employer is looking for ways to […]
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