When Hurricane Sandy struck the Northeastern United States in October 2012, many corporate risk managers and insurance companies were taken by surprise. Few were prepared for hurricane-force winds in Atlantic City, New Jersey, or for the storm surge that hit New York City. Total damages are estimated at more than $50 billion, making “Superstorm Sandy” the second-costliest hurricane in U.S. history.
Insurer says it will boost its 401(k) match from 50% to 100% of the first 4% employees defer.
Tax reform eliminates companies' ability to deduct performance-based bonuses to those earning more than $1M.
Best practices for obtaining deeper clarity on, and confidence in, treasury software decisions.
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