Most people assume cyberattacks only happen to large companies, but today’s cybercriminals increasingly target individual households. With more devices, online accounts, and digital conveniences than ever before, the average home now has more cyber exposure than some small businesses. This…
While many people are familiar with the basics of ransomware, the details of this threat, like all aspects of cybersecurity, are constantly evolving. As new developments unfold, it’s crucial to stay updated on the latest tools, tactics, and procedures used…
What is Medical Loss Ratio (MLR)? Medical Loss Ratio (MLR) is the percent of premiums an insurance company spends on member care, claims, and administrative expenses that improve health care quality. What is the Medical Loss Ratio (MLR) rebate? The…
You may have heard of the term “umbrella insurance policy.” Is this type of insurance something you need to consider as part of your insurance plan? For example, do you need umbrella insurance? We’ll answer questions about umbrella insurance frequently…
If you have a homeowners insurance policy, you’re covered for a lot of things. However, it doesn’t cover everything. Home insurance is designed to protect you from the unexpected and understanding how you’re covered can give you confidence in the…
This is hands-down the most common question we get at Mason-McBride. We understand how frustrating rising auto insurance rates are — we have to pay the premiums too! Even good drivers are victims of getting their annual premiums raised. There…
As risk advisors, we all at Mason-McBride see a considerable challenge for today’s businesses: managing their risk environment effectively. We notice that organizations need to keep pace with ever-changing workplace scenarios. It isn’t easy! Plus, it’s a never-ending proposition for…
As your college students come home for the holidays or travel during their school break, you may think they are covered under your Michigan auto insurance policy. After all, they are a family member. But perhaps you haven’t given it…
A health savings account, or HSA, is a type of saving account that allows you to set aside tax-deferred money for healthcare expenses. It’s essentially a retirement plan but for healthcare purposes. HSA’s can be a great option because you…