SBA Makes Surety Bond Program Friendlier to Small Contractors

sba surety bond program

The value of construction projects in Denver this year is on pace to set a record. And now the U.S. Small Business Administration has made two important changes to its Surety Bond Guarantee Program that should help small contractors land more of that business. Under its program, the SBA partners with surety companies to partially… Read more »

IRS Starts to Enforce Obamacare Employer Mandate

As Republicans and the Trump administration continue trying to chip away at the Affordable Care Act, the Internal Revenue Service has begun, for the first time, to enforce one of the law’s most polarizing provisions: the employer mandate. Thousands of businesses — many of them small or midsize — will soon receive a letter saying that they… Read more »

Buying Malpractice Coverage? 6 Things Every Lawyer Should Do

legal malpractice claims

Legal malpractice claims in recent years have remained relatively steady, but defense costs, claimed damages and settlement sums have all climbed. That’s according to the latest survey of some of the leading lawyers’ professional liability insurance companies, revealing troubling trends that argue in favor of doing what many attorneys are loathe to do – taking… Read more »

Misconceptions Aplenty Surrounding Health Savings Accounts

About half of Americans think they understand Health Savings Accounts, but some big misconceptions persist. According to the LIMRA Secure Retirement Institute, 51 percent of the 2,000 people surveyed said they were somewhat or very knowledgeable about HSAs. That obviously leaves plenty of others who could stand to learn more about the pros and cons… Read more »

Pinnacol to Cut Workers’ Compensation Rates by 7.4% in 2018

workers compensation rates

Colorado’s largest workers’ compensation insurer, Pinnacol Assurance, is cutting rates for next year by a whopping average of 7.4 percent, one of the largest drops in the past few years. The rate cut for 2017 averaged 3.2 percent for the insurer’s 57,000 or so Colorado policyholders. It was 3.6 percent for 2016. Next year’s drop,… Read more »

Carrying a Concealed Weapon? Get Covered

If you’ve been watching the Colorado gubernatorial race closely, you know that guns laws are once more set to become a point of contention. Opponents want to do away with the state’s 2013 laws expanding background checks to private sales and limiting the size of magazines. Gun-control groups, of course, want to keep things as… Read more »