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Monthly Archives: August 2023

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MJ Insurance Appoints Denver-Based Paige Beilby as Director of Analytics

published: August 31, 2023 | tagged in: Careers & Culture, Employee Benefits, Leadership, News
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MJ Insurance Appoints Denver-Based Paige Beilby as Director of Analytics

DENVER, August 31, 2023 – MJ Insurance, a leading risk management and employee benefits agency, has announced the hire of Paige Beilby as Director of Analytics. With over a […]
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MJ Insurance Announces 2023-2025 Charities of Choice: Empowering Communities for Positive Change

published: August 30, 2023 | tagged in: Community, MJ Foundation, News
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MJ Insurance Announces 2023-2025 Charities of Choice: Empowering Communities for Positive Change

At MJ, our Purpose is more than insurance solutions; we are committed to inspiring the success, fulfillment and wellbeing of every person we serve, including our associates, clients, business […]
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INSURANCE VALUATION CAUSING YOU HEADACHE? 4 TIPS TO ALLEVIATE THE PAIN

published: August 29, 2023 | tagged in: Business Insurance, Claims Reporting, Insurance Costs, Insurance Resources, News, Risk Management
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INSURANCE VALUATION CAUSING YOU HEADACHE? 4 TIPS TO ALLEVIATE THE PAIN

When it comes to purchasing or renewing commercial property insurance, ensuring correct property valuations is vital. It can make all the difference in providing sufficient protection and preventing coinsurance […]
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MJ INSURANCE NAMED A 2023 BEST PRACTICES AGENCY

published: August 25, 2023 | tagged in: News
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MJ INSURANCE NAMED A 2023 BEST PRACTICES AGENCY

INDIANAPOLIS (August 25, 2023) – MJ Insurance, a leading risk management and employee benefits agency for more than 50 years, has been named a “Best Practices Agency” by the […]
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Pay or Play Affordability Percentage Will Decrease for 2024

published: | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Healthcare Reform, Insurance Costs
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Pay or Play Affordability Percentage Will Decrease for 2024

On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 to index the contribution percentage in 2024 for determining the affordability of an employer’s plan under the Affordable Care […]
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PROPERTY/CASUALTY MARKET REPORT – Q2 2023

published: August 24, 2023 | tagged in: Cyber Security, Emerging Risks, Insurance Resources, Intellectual Property, News, Risk Management
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PROPERTY/CASUALTY MARKET REPORT – Q2 2023

Premium increases remained stable in Q2 2023, with an average increase of 8.9% across all account sizes, up slightly from the previous quarter’s 8.8%. This marked the 23rd consecutive […]
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ADDRESSING FOOD INSECURITY AFFECTING ARIZONA CHILDREN

published: August 15, 2023 | tagged in: Community, MJ Foundation, News
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ADDRESSING FOOD INSECURITY AFFECTING ARIZONA CHILDREN

It’s official. It has reached the point of summer when parents are starting to count down the days until their children return to school. The children on the other […]
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How Employers Should Handle MLR Rebates

published: August 11, 2023 | tagged in: Compliance Updates, Employee Benefits Compliance News, News
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How Employers Should Handle MLR Rebates

The Affordable Care Act (ACA) established medical loss ratio (MLR) rules to help control health care coverage costs and ensure that enrollees receive value for their premium dollars. The […]
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ECONOMIC PERSPECTIVES: US RESISTS RECESSION DESPITE STICKY INFLATION

published: August 10, 2023 | tagged in: Business Insurance, Employee Benefits, Financial Wellness, News, Risk Management
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ECONOMIC PERSPECTIVES: US RESISTS RECESSION DESPITE STICKY INFLATION

As we barrel closer to 2024, the economic outlook is nothing if not dynamic. While the banking sector grapples with persistent challenges, whispers of an impending recession gain weight. […]
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Understanding Group Captives

published: August 3, 2023 | tagged in: Employee Benefits, Insurance Resources, News, Risk Management, Technology & Innovation
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Understanding Group Captives

In terms of risk management practices, captive insurance is hardly the new kid on the block. Yet, faced with tightening carrier restrictions and ever-increasing premiums, a growing number of […]
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