As small business owners, staying updated with the latest regulations and compliance standards is crucial for the smooth operation of your business. A significant update that demands your attention is the change in the federal independent contractor test by the U.S. Department of Labor (DOL). Effective March 11, 2024, this new rule has far-reaching implications for how you classify your workers, which could impact your business operations, financial obligations, and legal liabilities. The Shift in Federal Guidance On January 10, 2024, the DOL published a final rule that revises the guidance o ..read more

This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the landscape consumers are feeling the pinch of their insurance carriers in both Commercial and Personal Insurance. There are many factors that are continuing to drive insurance rates up.  Let’s explore some of these by line of coverage. AUTO INSURANCE Auto insurance rates have been continuing to rise over the last 5 or so years.  Here are some of the reasons: ·       For ev ..read more

Building a Legacy of Trust and Innovation As we step into the changing landscape of 2024, I’m filled with a sense of gratitude and excitement for the future. At CH Insurance, our journey is more than just providing insurance; it's about forging lasting relationships, building trust, and innovating for a better tomorrow. As an independent local agency, right in the heart of downtown Syracuse, We are once again encapsulates our unwavering commitment to you, our clients, partners, and community. Reflecting on Our Achievements Looking back at 2023, we’re proud of the milestones we’ve achieved tog ..read more

"Do most employers front-load or accrue time off benefits?" This question comes up a lot when I'm working with an organization to update its handbook and employment policies. Time off is one of those areas where employers have a lot of flexibility to customize their offerings*, and sometimes when we have a choice, we want to know what works and get guidance on best practices. I get it! But the answer isn't as straightforward as some would hope. Simply put, it depends on what’s right for your organization. Both methods have their merits and drawbacks, and what works for one company might not n ..read more

Do you have a vacation cabin or another property that you use during the summer but leave empty during the winter? If so, you need to winterize your getaway so you don’t find a mess when spring arrives. Winterizing may take a few hours of work, but being thorough can prevent serious problems. These include burst pipes, mold and rot, water invasions, soggy ceilings and compromised foundations. Let’s look at five steps to winterize your summer home. 1. Insulate your pipes or turn off your water at the main. You may think having your temperature set at 55 degrees is enough to keep your pipes fro ..read more

In today's fast-paced and ever-evolving business landscape, small businesses are the backbone of economic growth. If you’re a small business owner, you play a pivotal role in driving innovation, creating jobs, and fueling local economies. However, you face a unique set of challenges, from rising insurance rates to increased competition. That's where CH Insurance steps in with its innovative ‘BOOST Group Benefits Program (formerly known as ‘Fifty Under 50’). In 2019, CH launched this unique group benefits program specifically designer for small business, with tremendous impact and success for ..read more

For small businesses across Upstate NY, it’s crucial to evaluate and enhance your employee benefits offerings. Joe Courcy, Group Benefits Expert at CH Insurance, sheds light on current concerns that business owners have in today’s rate environment, along with addressing the smartest way an owner can proceed as they prepare for 2024. Rising Rate Environment Certainly, the rising rates for group benefits are a significant concern for business owners across the country. The landscape of employee benefits is constantly evolving, and several factors contribute to the increasing costs, leaving busi ..read more

In today's rapidly evolving business landscape, the ability to navigate uncertainties and mitigate potential risks has become paramount. For businesses in Upstate New York, CH Insurance stands as a cornerstone partner, providing comprehensive risk management solutions tailored especially for each organization. Spearheading this effort is Tony D’Amato, an industry expert renowned for his insightful, straightforward, and effective approach to risk management. Understanding Risk Management's Multifaceted Approach Risk management encompasses a spectrum of vital aspects that every business owner m ..read more

In 2022, most employers’ health care costs increased. According to recent industry data, current signs are also pointing to significantly higher health care costs in the upcoming year. Employers now face the difficult task of reigning in rising health care costs and keeping employee coverage affordable while trying to remain attractive to current and prospective talent despite their shrinking budgets. Many employers are worried about controlling rising health care costs and providing employees with affordable and quality care options. This article explores employer expectations regarding heal ..read more

Why Do College Students Need INSURANCE? Insurance may not be the first thing on your mind when your child leaves for college, but moving into their own space means that students will acquire their own things. From laptops and iPads to sports equipment, bikes, music, televisions, and furniture, all of these personal belongings need protection. In addition, your student needs protection. College is a fun time, but sometimes the best times result in injuries or other accidents. There are a few strange crossovers where a student may still be included under a parent's coverage, but some cases wher ..read more