Insights

Employer Considerations for Coverage of Abortion Benefits

In anticipation of the U.S. Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization that overturned Roe v. Wade, states have enacted various laws regarding insurance coverage of abortion. Some states have banned or restricted abortion coverage, while other states require plans to cover abortions. Certain states (such as Oklahoma and Texas) now enable...
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Tooher-Ferraris joins Platform, MarshBerry’s Organic Growth Accelerator

Woodmere, OH, June 1, 2022 – MarshBerry, a leading investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries, announced today that Tooher-Ferraris Insurance Group has joined its organic growth accelerator known as Platform. Platform combines MarshBerry’s network of resources with rich data and real-time insights to differentiate client value propositions and...
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Memorial Day

We will always honor and respect the brave men and women who gave their lives while serving our country.
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Consumer Price Index Moderates in April, but Remains Up by 8.3%

The Bureau of Labor Statistics (BLS) recently announced that the U.S. consumer price index (CPI) rose by 8.3% over last year (between April 2021 and April 2022), coming down from an 8.5% increase in March. However, economic experts previously predicted the CPI to increase by 8.1% over the past year. This discrepancy suggests that the...
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Experts Predict Another Active Hurricane Season

For 2022, Colorado State University (CSU) hurricane researchers are predicting yet another above-average Atlantic hurricane season, which runs from June 1 to Nov. 30.
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Does Your Auto Insurance Cover Rental Cars?

When renting a car, the rental company will typically ask if you’d like to purchase insurance coverage for the vehicle. It’s at this point when you have to ask yourself: Do my personal insurance policies provide the coverage I need, or should I purchase insurance through the rental car company? Although standard auto insurance policies...
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CAI Trade Show!

Our Condo Division had a great day at the Community Associations Institute Trade Show! Our VP, Frank Pingelski, also the President of CAI-CT, was a guest speaker. Dana, Lauri, and Michael were very excited to see all of our long-time clients and meet the new Condo Associations we insure.
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Cyber Liability – Smishing Explained

Most businesses and individuals are familiar with phishing, a cyberattack technique that entails cybercriminals leveraging fraudulent emails to manipulate recipients into sharing sensitive information, clicking malicious links or opening harmful attachments. While these email-based scams remain a pressing concern, a new form of phishing—known as smishing—has emerged over the years, creating additional cyber exposures for...
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Wage and Hour Case Studies: Exploring DOL Violation Trends

The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) enforces federal minimum wage, overtime pay, recordkeeping and child labor requirements of the Fair Labor Standards Act (FLSA). The WHD also enforces the Migrant and Seasonal Agricultural Worker Protection Act, the Employee Polygraph Protection Act, the Family and Medical Leave Act (FMLA), wage garnishment...
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For the “What If” in life.

As a family owned agency, we are dedicated to building relationships with our clients and carriers. We want to ensure personalized coverage and peace of mind, For the “What If” in life.™ We welcome you to experience what Tooher-Ferraris has to offer! #risksynergy #thoughtfulinsurance #forthewhatifinlife
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Commercial General Liability – Audit Insight | Construction | Classification 91583: Contractors – Subcontracted Work – 1 & 2 Family Dwellings.

This article describes general liability policies, the audit process, audit tips and what should be included in classification "91583 - Contractors - Subcontracted Work - in connection with building construction, reconstruction, repair or erection - 1 & 2 family dwellings". ~ 5 minute read. Commercial General Liability Policies are essential for all commercial businesses. A...
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Be Prepared: Winter Storms

Preparing for winter storms is crucial to your safety. As such, it’s important to become familiar with winter storm warning signals and appropriate prevention measures so that you can avoid cold weather injuries. Winter Weather Warnings Familiarize yourself with the following weather alerts in order to know what actions you may need to take: Winter...
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Coverage Insights: The Impact of Inflation on the Commercial Insurance Market

The Impact of Inflation on the Commercial Insurance Market   Over the past year, inflation has become a growing concern. Inflation issues have largely resulted from a culmination of labor and supply trends brought on by the COVID-19 pandemic, and they are clearly reflected within the country’s rising Consumer Price Index (CPI). According to the...
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OSHA Form 300A Posting Requirements Begin Feb. 1

The Occupational Safety and Health Administration (OSHA) requires employers subject to its recordkeeping requirements to post copies of their OSHA Form 300A between Feb. 1 and April 30 of each year. The OSHA Form 300A, also known as the “Summary of Work-related Injuries and Illnesses,” must be completed by Feb. 1 using data from the previous...
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Reducing Winter Utility Bills

When outside temperatures begin to drop, one of the most costly consequences is the increased energy it takes to maintain a comfortable home temperature. Though it may be tempting to simply lower the temperature on a thermostat, there are several ways to lower your utility bill while staying warm and cozy. With this in mind,...
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Employee Benefit Plan Limits for 2022

Employee Benefit Plan Limits for 2022 Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS. The following commonly offered employee benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs); Health flexible spending accounts (FSAs); 401(k) plans; and Transportation fringe...
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