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Chaney: Affordable Health Care Act for business not bad at all

The phase-in of the highly controversial Patient Protection and Affordable Care Act (ACA) continues in 2015 as businesses make plans to comply with the provisions of the act — or pay the consequences. “It is important for businesses to prepare for this upcoming change,” said Mississippi Insurance Commissioner Mike Chaney.  “I would suggest seeking assistance from a tax or financial ...

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Technology an enhancement for HR — not a replacement

Like just about everything else, human resources management has been increasingly computerized in recent years. But has that made human resources less “human?” Not everything can be done by sending an email. “We have to look at technology as an enhancement for, not a replacement of, the human element in what we do,” said Lynn Nelson, director of employment services ...

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LIFE CHANGES — Insurance re-enrollment time is near; make sure your coverage reflects your changing needs

When annual enrollment time for employer-sponsored insurance plans comes around, it can be difficult to drum up much interest by employees in evaluating their insurance plans and making adjustments. According to a survey by MetLife, often employees aren’t all that excited by the prospect of annual benefits enrollment. “In fact, their annual encounter with the often complex and sometimes unfamiliar ...

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Kimberla Little not looking back after career change

Working in human resources was not Kimberla Little’s plan. However, when a door opened for the Jackson native to work for Regions Bank, she took the opportunity and hasn’t looked back, rising to become assistant vice president, human resources for Regions Financial Corporation. “My desire was to establish a career in pharmaceutical sales,” she recalls. “I was working in a ...

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It all changed with Katrina

The first Mississippi coastal wind residual market was created by the Legislature in 1972 stemming from a lack of voluntary market options partially as a result of Hurricane Camille losses incurred in 1969.  The first version covered both fire and wind/hail perils, but the plan was amended in 1987 to include wind and hail only while the voluntary market accepted ...

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Chaney: New building codes law could save lives, money

JACKSON — Mississippi Insurance Commissioner Mike Chaney believes Mississippi’s citizens can have more confidence in the strength and resilience of their new homes and also potentially save money on insurance premiums with the signing of Senate Bill 2378, creating mandatory statewide building codes, if local leaders decide to operate under the new law. A mandatory statewide building code has been ...

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LUBA partnering with policy holders for workers' safety

Even in the best workplaces accidents can happen. That’s why employers have workers’ compensation coverage. LUBA Workers’ Comp not only provides that coverage but also partners with employers to promote workplace safety. Formed in Louisiana in 1991, LUBA began writing policies in Mississippi and Arkansas in 2009. That expansion transformed the company into a regional workers’ comp insurer, and it’s ...

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Obese employees a great risk for workers’ compensation claims than older workers

With the average age of American workers increasing, there have been concerns that more older workers could result in higher workers’ compensation claims. But the National Council on Compensation Insurance (NCCI) has found that is not true. Liles Williams, chairman, Mississippi Workers’ Compensation Commission, attends the NCCI annual meeting almost every year. “A couple years ago, NCCI was saying the ...

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How important are benefits … to the employee and employer?

Employers still rely on an attractive benefits packages to help them fill vacancies but a new generation of employees and the recent economic downturn have changed the way benefits are looked at these days. “Good benefits and insurance continue to be a big draw when it comes to attracting employees,” said Cindy Webb, director of human resources at Mississippi Power. ...

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