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The Hylant Blog

Hear from your Hylant risk management and insurance experts about news and trends that affect your business, industry, employees or personal property.


New Podcast Built for Construction Pros

Construction professionals face unique risks as part of their work. Law firm Brouse McDowell LPA and Hylant have partnered to create a new podcast series, Construction Risk and Insurance Roundtable, which spotlights those risks and provides insights on managing them. …

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Understanding Your Business Insurance Before the Storm Strikes

Businesses have felt the effects of increasingly extreme weather in recent years. With 16 separate weather and climate events each exceeding $1 billion in damages, 2017 was historically bad for the U.S., according to NOAA’s National Centers for Environmental …

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Act Today: Millions at Risk if Flood Program Expires

The National Flood Insurance Program (NFIP) is scheduled to expire July 31 unless Congress acts to extend the program. If it lapses, millions of Americans will be at risk. Please contact your federal legislators and ask them to reauthorize …

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Five Construction Trends and Business Insurance Implications

From hammers and nails to megabytes and satellites. While the construction industry wasn’t an early adopter of information technology, it seems to be making up for lost time. The biggest construction trends we see this year are based in …

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IRS Proposes to Expand the Electronic Filing Requirement

On May 31, 2018, the Internal Revenue Service (IRS) published a proposed rule that would expand the electronic filing requirement for a number of tax forms. Current IRS rules impose a 250-return threshold for mandatory electronic filing, which applies …

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HHS Audits Reveal Critical HIPAA Compliance Gaps

In 2016 and 2017, the Department of Health and Human Services (HHS) conducted “desk audits” of 166 covered entities and 41 business associates. These audits focused on selected requirements of HIPAA’s privacy, security and breach notification requirements. Although HHS …

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DOL Finalizes Rule to Expand Association Health Plans

On June 19, 2018, the Department of Labor (DOL) released a final rule that gives small businesses more freedom to join together as a single group to purchase health insurance in the large group market or to self-insure. These …

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Michigan HICA Tax Repealed

Michigan Gov. Rick Snyder has signed into law a plan to repeal and replace Michigan’s tax on health insurance claims used to help fund Medicaid for low-income residents, reports the Associated Press. This move eliminates the HICA tax completely …

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Continuing Business After a Catastrophe

Consider this scenario. Your business is located in a hurricane zone. A strong hurricane is approaching and is expected to make landfall on Monday. Do you expect your employees to secure your business over the weekend? Or will they …

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