High on every business owner's wish list is creating a sustainable, competitive advantage. Leveraging your company culture as your unique value proposition to accomplish this is your company's best attribute that carries no risk of being cloned.

While there are many security measures one can take, the most basic but also crucial step in protecting your online presence involves creating strong passwords. However, many people still don’t know what specifically constitutes a strong and secure password.

Federated Insurance® Chairman Jeff Fetters recently announced that Nicholas R. Lower has been appointed the organization’s new President and Chief Executive Officer effective January 1, 2024, upon the retirement of its current Chief Executive Officer, Michael G. Kerr.

Federated Insurance Risk Management Corner

Let this be a guide in helping prevent a dangerous or deadly fire at your business. Take a look at the following to see how these action items could be applied today.

Goldman Sachs now sees a 15% chance the US will slide into recession, down from 20% previously as cooling inflation and a still-resilient labor market suggest the Federal Reserve may not need to raise interest rates any further.

Merger brings 134-years of leadership together to elevate the building material and lumber industry and provide members with a larger community of support.

New Laws on Paid Employee Sick/Safe Time take affect January 1, 2024

As we communicated to the membership in June 2023, the Minnesota Legislature wrapped up its 2023 Legislative Session with a number of business-related bills being signed into law. Of greatest importance to members are the new laws and/or requirements focusing on Paid Employee Sick/Safe Time.

Stakeholders from across the organization spent months planning, participating in task force meetings and hearing input and perspectives from members, vendors, internal team members and industry partners. In the end, our Board of Directors made the unanimous decision to rebrand and rename the Association.

The Lumber and Building Material (LBM) industry is confronting a multitude of hiring challenges. Labor shortages, a rapidly aging/retiring workforce, and the repercussions of the COVID-19 pandemic have all tabulated into constricting the labor pool. Additionally, attracting the younger workforce to bridge the gap has proven difficult. It's time to innovate and shift our hiring paradigms.