Why Every Business Should Have Cyber Insurance Coverage

July 05, 2016 at 15:01 PM
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Why Every Business Should Have Cyber Insurance Coverage

The rise of technology calls for a rise in security. As more people rely on technology in their personal and professional lives, cyber security is becoming one of the most important aspects of our internet-driven world. Whether it is personal information including credit card data, health records, bank statements, or other highly sensitive information—an individual’s privacy online is crucial to maintaining a safe and positive digital experience. Businesses are also affected by cyber security, but carry even more risk than individuals. If a business has a breach in security, they risk losing data that has been entrusted to them. When there is a security interruption, a business doesn’t just jeopardize their own privacy, but the privacy of their entire network of employees, vendors, customers, and contacts.  Although breaches in security can cause severe consequences for individuals, busi ...

Safety Tips for Grilling Season

Debra Harp June 20, 2016 at 12:21 PM
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Safety Tips for Grilling Season

It's summertime, and millions of Americans will be enjoying some of the tastes of the season this year by firing up the grill. However, whether due to inattention or inexperience, many of these outdoor cooking plans will quite literally go up in smoke. Grilling accidents are among the more common causes of household fires that take place each year in the United States. According to the National Fire Protection Association, an estimated 8,900 home fires occur annually, stemming from the use of grills, hibachis and barbecues. These incidents can also lead to serious burns, frequently requiring medical attention. In 2014, as an example, approximately 16,600 people had to be sent to emergency rooms due to injuries involving grills, based on NFPA's data. And while Americans grill year-round, most fires happen between May and August. With the proper preparation and understanding of how to gril ...

Why Every Working Person Needs Disability Insurance

May 18, 2016 at 15:18 PM
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Why Every Working Person Needs Disability Insurance

Disability Insurance is something that most people don’t think about until they find themselves desperately needing it.  But what if we told you that every working person should have disability insurance? We believe it is in the best interest of all of our clients, whether they currently have a disability or not, to make sure that they are covered in the case of a major illness or disability. It can be easy to assume that one will always remain in the state of health that they are currently in, but 1 in 8 workers will be disabled for five or more years during their working careers. Furthermore, 2.6 years is about the average longer term disability absence. At any given time, 12% of the American population is classified as disabled (36 million). Although disabilities and illness vary in their severity, any person that develops a sickness that hinders one from working for an extended perio ...

Long Term Care Seminar

Debra Harp May 18, 2016 at 09:04 AM
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Long Term Care Seminar

Join THW and Wilson Bank & Trust for a Long Term Care Seminar. Get that facts and enjoy dinner. 

Car Seat Safety

Debra Harp April 21, 2016 at 11:44 AM
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Car Seat Safety

New Campaign Aims To Help Parents Select Correct Car Seat The campaign is about much more than making the buying process easier for parents; it's also about ensuring that their most precious cargo is protected from harm in the event of a car accident. It's estimated that nearly 60% of car seats are misused, NHTSA reports. Additionally, in cases when young children have been killed in automobile crashes, 33% were unbuckled at the time. Lisa Sherman, CEO for the Ad Council, the campaign sponsor, said that she's confident "Find The Right Seat" will help to clarify questions parents might have. "The right car seat can keep kids safe, and that's what we all want for our children," Sherman explained. "It's not enough for parents tothink they know which car seat is right for their children; they need to know for sure."   Selecting the right car seat for children shouldn't be difficult. In the ...

It’s Spring and Trees Can Fall…

April 14, 2016 at 10:15 AM
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It’s Spring and Trees Can Fall…

As seasons change, many people are faced with unexpected disasters that arise from severe weather. If a tree were to fall on your home or vehicle, THW Insurance wants to make sure that you know how you are protected. Although changing seasons can certainly be beautiful, there are extra precautions to take when preparing for the changes in weather. As spring blooms, there is often an increase in rainfall, and potentially other severe weather—such as tornadoes. This change in environment can potentially wreak havoc on your personal assets, such as a home or your vehicles. If disaster were to strike, do you know what your insurance plan would cover? It is important to know exactly what is covered in an emergency situation before you are ever faced with a disaster. Most basic homeowner insurance policies provide protection  if a tree were to fall on your home or vehicle due to severe weather ...

What Does my Auto Insurance Cover on a Road Trip?

March 08, 2016 at 11:04 AM
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What Does my Auto Insurance Cover on a Road Trip?

Spring is upon us—which means the season for road trips is right around the corner. But before you pack your bags and hit the road, it’s important to know what your auto insurance covers. The last thing you want on your vacation is to run into car trouble, and not know where you stand with your insurance. There are a few things you want to consider: If you are driving your own car, if you are renting a car, if other drivers are covered in your policy, and if you have roadside assistance. Out-of-State Coverage If you are driving your own car outside of state lines, the first thing you want to check is if your car insurance is covered in other places, and for most people, it does. While most states differ on what is entailed for auto insurance, the good news is that most auto insurance travels with you, as most policies include a broadening clause, which entitles the driver’s liability res ...

How General Liability Insurance Works

February 11, 2016 at 13:57 PM
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How General Liability Insurance Works

If you’re a business owner, there’s a good chance you’re familiar with taking risks—that’s part of the entrepreneurial spirit. But you’re also likely familiar with the overwhelming notion of multi-tasking, and trying to solve a lot of problems in one day. One problem that you shouldn’t have to worry about is liability insurance. You’ve surely been told that it’s one of the many things you need, but many business owners don’t have a true grasp as to what general liability insurance really is, much less whether it’s necessary. To save you from some research, we’ll break it down for you. In its simplest terms, commercial general liability insurance safeguards a company from claims that may be filed in the workplace- ranging from personal injury to property damage or potential negligence, and covers the financial obligations that can stem from these claims. In the event of a lawsuit filed a ...

The Affordable Care Act and You

January 18, 2016 at 13:30 PM
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The Affordable Care Act and You

The individual shared responsibility provision of the Affordable Care Act (ACA) requires you, your spouse, and your dependents to have qualifying health insurance for the entire year, report a health coverage exemption, or make a payment when you file your tax return. Many people already have minimum essential coverage and do not need to do anything more than maintain that coverage and report their coverage when they file their tax returns. This chart explains how the Affordable Care Act affects you: IF YOU… THEN YOU… Are a U.S. citizen or are a non-U.S. citizen living in the United States Must have qualifying health care coverage, qualify for a health coverage exemption, or make a payment when you file your tax return Have health coverage through an employer or under a government program such as Medicare, Medicaid and coverage for veterans for the entire year Just have to ch ...

Federal Budget and the Affordable Care Act

Maggie Ashworth January 07, 2016 at 14:02 PM
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Federal Budget and the Affordable Care Act

On December 18, 2015 a federal budget bill for 2016 was passed by U.S. Congress and signed by President Obama. This bill makes significant changes to three Affordable Care Act (ACA) Taxes, and THW Insurance wants to guarantee that our clients are informed on the matter. The federal budget bill immediately went into effect, causing a two-year delay of the ACA’s Cadillac Tax until 2020, temporarily suspending collection of the health insurance providers fee until 2017, and delaying the medical devices tax for 2016 and 2017.  The Cadillac Tax, a 40 percent excise tax on high-cost group health coverage, was originally intended to begin in 2013. The tax was proposed as an incentive for businesses to select more economical health insurance plans for employees, thus raising capital to fund other ACA provisions.  The tax was designed so that if / when an employer-sponsored health plan were to ex ...

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