Skip to Content


Articles

What’s in a Name?

Builder’s risk insurance is a special type of property coverage that indemnifies against damage to buildings while under construction. Typically, the project owner or general contractor requires that these policies be purchased according to the master contract, such as the American Institute of Architects’ form.

Read more

How to Protect Your Business from Water Damage

Water damage: two words no business owner wants to hear. Many business owners and property managers’ greatest concerns stem from fire damage, but water can be just as catastrophic. While fire losses continue to top the severity charts, water damage has climbed the ranks the past few years in both frequency and severity.

Read more

2023 “Affordability” Percentage

In Revenue Procedure 2022-34, the IRS significantly decreased the affordability percentage from 9.61% to 9.12% for 2023. This percentage determines which applicable large employers may face penalties under §4980H(b) for failure to offer affordable coverage as well as which individuals may qualify for subsidized coverage through a public Exchange.

Read more

Insurance Takeaways from the 2022 Washington State Legislative Session

Learn more about these bills on long-term care taxes, credit scoring use in personal lines insurance, and ergonomics regulations and the impact they could have on your programs from Parker, Smith & Feek Account Executive Chris Corry in the Puget Sound Business Journal.

Read more

Busting the Myths About Cyber Insurance

With cyberattacks on the rise, cyber liability insurance has become an important component of any risk management plan. However, many businesses believe that they don’t need cyber insurance and haven’t considered it. Parker, Smith & Feek Account Executive Janie Ma busts four common myths about the protection that cyber insurance provides in Alaska Business.

Read more

Tips to a Successful Property Renewal

Over the past few years, we have experienced the impact of a hard insurance market and watched in disbelief as insurance premiums soared to new heights. While the insurance market remains challenging, there are things you can do to help mitigate rising insurance costs.

Read more

Supreme Court Decision – Abortion Rights

The Supreme Court released its decision regarding abortion rights on June 24, essentially reversing the previous Roe v. Wade and Planned Parenthood v. Casey decisions.

Read more

Marine Employers’ Liability Coverage: What Is It, And Do You Need It? Part 2

In part II of Marine Employers’ Liability Coverage: What is it, and Do You Need it? Parker, Smith & Feek Account Executive Mark Gleason discusses the first factor of an MEL exposure – if the injury happened on a vessel

Read more

Transparency Compliance – Machine Readable Files (MRF)

Under the “Transparency in Coverage” Final Rule (TiC), issued in 2020 by the U.S. Department of Health & Human Services, U.S. Department of Labor, and U.S. Department of the Treasury (collectively the Departments), effective 7/1/22, health plans (which include employers who sponsor employee benefit plans) and health insurance issuers must publicly post pricing data known as the “machine-readable files” or (“MRFs”).

Read more

Markets in Focus :: Crypto

Over the past few years, we have seen Cryptocurrency, blockchain technology and Decentralized Finance (DeFi) develop from a niche corner of the internet into mainstream technology. Within the realm of blockchain, DeFi, Non-fungible tokens (NFTs) and Cryptocurrency mining…

Read more

Markets in Focus :: Technology

Our Advanced Industries Professionals estimate that within the next decade, there will continue to be significant growth within the sectors of Automation, Connectivity, Quantum Computing, Artificial Intelligence, Machine Learning and Zero Trust.

Read more

Markets in Focus :: Advanced Industries Manufacturing

Two and a half years into the global pandemic known as COVID-19, manufacturing firms are still grappling with staff shortages, supply chain issues and a shift towards pandemic-focused goods and supplies.

Read more