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Staffing Practice Update:                                      Trusted, dependable, specialists.
                                                               Serving Staffing clients since
Staffing/PEO Webinar                                           1961.
Staffing agencies and PEOs routinely enter into contracts
with their customers whereby they assume the liability of      Where we’ll be:
their customer. Join us for an informative webinar to better   Assurance Staffing Practice
understand the risks associated with this and how to protect   representatives will be attending
your company. Learn more and register now.                     or sponsoring the following
                                                               upcoming event(s):
FOCUS: Understanding Contractual Risks
WHEN: February 22,2011 (Online)                                2011 TempNet Annual Convention
TIME: 12-1p.m. CST                                             & Tradeshow
COST: $49, Clients attend for free                             February 23-25, 2011
                                                               Huntington Beach, CA
Register for this webinar today!
Web: www.assuranceagency.com/university                        Staffing Industry Analysts’
E-mail: university@assuranceagency.com                         Executive Forum
Phone: 847.463.7171                                            February 28–March 3, 2011
                                                               Miami, FL
Market Update:
Tax Credits                                                    ANSERTEAM Conference 2011
Recently, congress extended many great tax programs with       March 23-25, 2011
the passing of the 2010 Tax Relief Act. Two of the most        New Orleans, LA
lucrative programs that were extended are the Work
Opportunity Tax Credit (WOTC) and the Empowerment Zone
                                                               Driver Employment Council of
(EZ) incentives. The WOTC program received yet another
                                                               America (DECA)
extension at the end of 2010 through the Tax Relief Act.
                                                               Spring Educational Seminar
With this extension, businesses will continue to be awarded
                                                               March 23-25, 2011
with federal income tax credits through the end of the 2011
                                                               Scottsdale, AZ
for hiring and retaining employees within certain target
groups. These employees must work at least 120 hours in
their first year of employment to receive any credits.         Assurance key facts:
However, once an employee works more than 400 hours the        • Over 400 staffing clients
potential tax credit amount increases.                         • Located in 50 states
                                                               • 22 workers' compensation
                       Maximum         Maximum Credit          markets
   Hours Worked                                                • 30 insurance professionals
                     Qualified Wages      Amount
                                                               focused exclusively on staffing
      0 to 119             $0               $0                 • Dedicated claims advocacy team
                                                               • Certified ASA continuing
     120 to 399          $6,000         25% = $1,500           education provider
Proud members of:
        400+              $6,000        40% = $2,400
                                                                 • American Staffing Association
                                                                 • National Association of
The Empowerment Zone tax incentive is a federal tax credit       Professional Employer
that was created to help stimulate growth in distressed          Organizations
urban neighborhoods and rural areas. Special emphasis is         • National Independent Staffing
placed on economic growth and social development that            Association
strive for long-term change and demonstrates working             • Staffing Services Association of
partnerships among various governmental entities. To             Illinois
receive federal credits a staffing company must be located       • TempNet
within the zone and the employee must live and work within       • Over 20 state associations
the zone. Once these requirements have been verified, the
employee would need to have worked the minimum of 90             Contact an Assurance
days for the staffing company to be eligible to receive the      representative:
tax incentive.                                                   Mike Atieh, ARM, SCLA, CPCU
                                                                 matieh@assuranceagency.com
                           Maximum        Maximum                847.463.7207
      Credit Name          Qualified       Credit
                            Wages         Amount
                                                                 Robert Barrese
 Empowerment Zone (EZ)      $15,000      20% = $3,000            bbarrese@assuranceagency.com
                                                                 847.463.7183

For questions regarding tax credits or to discuss your
                                                                 Jim Breck, SCLA
options in greater detail, please contact your Assurance
                                                                 jbreck@assuranceagency.com
representative.
                                                                 847.463.7165
Source: Stacey May, Tax Credit Program Manager, Honkamp          Robert Dunn, CPCU, ARM, AU
Krueger & Co., P.C.
                                                                 rdunn@assuranceagency.com
                                                                 847.463.7258
Client Resources (access additional resources online):
Risk Management Product Discounts                                Jeffery Friedrich, ARM,CPCU
Access discounted pricing on quality and innovative risk         jfriedrich@assuranceagency.com
management products such as background checks, drug              847.463.7236
testing, integrity testing, safety videos, and protective
equipment at http://assurance.riskproducts.com.                  Guy Jacobucci
                                                                 gjacobucci@assuranceagency.com
Sponsor Highlights:                                              847.463.7233

                                                                 Kurt Murray
                                        CRC Insurance Services   kmurray@assuranceagency.com
                                        is a leading Wholesale   847.463.7154
                                        Insurance Brokerage      Diane (Bozic) Poljak, ARM
Firm, specializing in Property, Casualty, and Professional       dpoljak@assuranceagency.com
risks. CRC wrote over $1.7B in premium during 2010. Of           847.463.7298
that amount, roughly $315M came from the placement of
Professional Liability policies - including those for staffing   Jeff Tuisl, CPCU
companies.                                                       jtuisl@assuranceagency.com
                                                                 847.463.7245




                                   Philadelphia Insurance
Companies (PHLY) specializes in the temporary staffing            Quote of the month:
industry. PHLY understands how to provide a flexible and          “Most of the successful people I've
comprehensive insurance program for risks all across the          known are the ones who do more
United States. Below are 8 reasons to choose Philadelphia         listening than talking.”
Insurance Companies for Temporary Staffing Agencies:              -Bernard Baruch

   1. Admitted paper and solid AM Best rating of A+/XIV
   2. Non-auditable                                                  www.assurancestaffing.com
   3. Claims Made or Occurrence coverage trigger options
      for errors and omissions coverage
   4. Employment Practice Liability coverage extends to
      “placed employees” of the temporary staffing firm
   5. Blanket Waiver of subrogation under the General
      Liability
   6. Third Party Fidelity coverage (on client site) available
      by endorsement

   7. Business Income and Extra Expense – Actual Loss
      Sustained coverage available
   8. Interest-free installments available for accounts that
      generate at least $2,000 in premium

Types of Staffing Firms We Serve:
       Temporary Staffing
       Recruiting and Placement Services
       Temporary to Hire
       Employee Leasing/PEO
       Independent Contractors




                               Work First Casualty is a
                               workers’ compensation carrier
                               providing insurance solutions
                               solely to the staffing industry.
As the only insurance company focused exclusively on the
staffing industry, they understand the unique challenges
you face every day. They also understand that after people
costs, workers’ compensation is your company’s largest
expense. A focus on performance and service by a team
comprised of staffing and insurance veterans is supported
by solid financial backing. By working with them, they hope
you will come to see the insurance premiums you pay as
more of an investment than an expense. Your investment in
Work First yields real dividends in the form of industry-
specific and industry-best claims management, loss
prevention, and underwriting services.

For additional information on any of our sponsors, please
visit their website by clicking on their logos.

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Assurance Staffing Connection - February 2011

  • 1. Staffing Practice Update: Trusted, dependable, specialists. Serving Staffing clients since Staffing/PEO Webinar 1961. Staffing agencies and PEOs routinely enter into contracts with their customers whereby they assume the liability of Where we’ll be: their customer. Join us for an informative webinar to better Assurance Staffing Practice understand the risks associated with this and how to protect representatives will be attending your company. Learn more and register now. or sponsoring the following upcoming event(s): FOCUS: Understanding Contractual Risks WHEN: February 22,2011 (Online) 2011 TempNet Annual Convention TIME: 12-1p.m. CST & Tradeshow COST: $49, Clients attend for free February 23-25, 2011 Huntington Beach, CA Register for this webinar today! Web: www.assuranceagency.com/university Staffing Industry Analysts’ E-mail: university@assuranceagency.com Executive Forum Phone: 847.463.7171 February 28–March 3, 2011 Miami, FL Market Update: Tax Credits ANSERTEAM Conference 2011 Recently, congress extended many great tax programs with March 23-25, 2011 the passing of the 2010 Tax Relief Act. Two of the most New Orleans, LA lucrative programs that were extended are the Work Opportunity Tax Credit (WOTC) and the Empowerment Zone Driver Employment Council of (EZ) incentives. The WOTC program received yet another America (DECA) extension at the end of 2010 through the Tax Relief Act. Spring Educational Seminar With this extension, businesses will continue to be awarded March 23-25, 2011 with federal income tax credits through the end of the 2011 Scottsdale, AZ for hiring and retaining employees within certain target groups. These employees must work at least 120 hours in their first year of employment to receive any credits. Assurance key facts: However, once an employee works more than 400 hours the • Over 400 staffing clients potential tax credit amount increases. • Located in 50 states • 22 workers' compensation Maximum Maximum Credit markets Hours Worked • 30 insurance professionals Qualified Wages Amount focused exclusively on staffing 0 to 119 $0 $0 • Dedicated claims advocacy team • Certified ASA continuing 120 to 399 $6,000 25% = $1,500 education provider
  • 2. Proud members of: 400+ $6,000 40% = $2,400 • American Staffing Association • National Association of The Empowerment Zone tax incentive is a federal tax credit Professional Employer that was created to help stimulate growth in distressed Organizations urban neighborhoods and rural areas. Special emphasis is • National Independent Staffing placed on economic growth and social development that Association strive for long-term change and demonstrates working • Staffing Services Association of partnerships among various governmental entities. To Illinois receive federal credits a staffing company must be located • TempNet within the zone and the employee must live and work within • Over 20 state associations the zone. Once these requirements have been verified, the employee would need to have worked the minimum of 90 Contact an Assurance days for the staffing company to be eligible to receive the representative: tax incentive. Mike Atieh, ARM, SCLA, CPCU matieh@assuranceagency.com Maximum Maximum 847.463.7207 Credit Name Qualified Credit Wages Amount Robert Barrese Empowerment Zone (EZ) $15,000 20% = $3,000 bbarrese@assuranceagency.com 847.463.7183 For questions regarding tax credits or to discuss your Jim Breck, SCLA options in greater detail, please contact your Assurance jbreck@assuranceagency.com representative. 847.463.7165 Source: Stacey May, Tax Credit Program Manager, Honkamp Robert Dunn, CPCU, ARM, AU Krueger & Co., P.C. rdunn@assuranceagency.com 847.463.7258 Client Resources (access additional resources online): Risk Management Product Discounts Jeffery Friedrich, ARM,CPCU Access discounted pricing on quality and innovative risk jfriedrich@assuranceagency.com management products such as background checks, drug 847.463.7236 testing, integrity testing, safety videos, and protective equipment at http://assurance.riskproducts.com. Guy Jacobucci gjacobucci@assuranceagency.com Sponsor Highlights: 847.463.7233 Kurt Murray CRC Insurance Services kmurray@assuranceagency.com is a leading Wholesale 847.463.7154 Insurance Brokerage Diane (Bozic) Poljak, ARM Firm, specializing in Property, Casualty, and Professional dpoljak@assuranceagency.com risks. CRC wrote over $1.7B in premium during 2010. Of 847.463.7298 that amount, roughly $315M came from the placement of Professional Liability policies - including those for staffing Jeff Tuisl, CPCU companies. jtuisl@assuranceagency.com 847.463.7245 Philadelphia Insurance
  • 3. Companies (PHLY) specializes in the temporary staffing Quote of the month: industry. PHLY understands how to provide a flexible and “Most of the successful people I've comprehensive insurance program for risks all across the known are the ones who do more United States. Below are 8 reasons to choose Philadelphia listening than talking.” Insurance Companies for Temporary Staffing Agencies: -Bernard Baruch 1. Admitted paper and solid AM Best rating of A+/XIV 2. Non-auditable www.assurancestaffing.com 3. Claims Made or Occurrence coverage trigger options for errors and omissions coverage 4. Employment Practice Liability coverage extends to “placed employees” of the temporary staffing firm 5. Blanket Waiver of subrogation under the General Liability 6. Third Party Fidelity coverage (on client site) available by endorsement 7. Business Income and Extra Expense – Actual Loss Sustained coverage available 8. Interest-free installments available for accounts that generate at least $2,000 in premium Types of Staffing Firms We Serve: Temporary Staffing Recruiting and Placement Services Temporary to Hire Employee Leasing/PEO Independent Contractors Work First Casualty is a workers’ compensation carrier providing insurance solutions solely to the staffing industry. As the only insurance company focused exclusively on the staffing industry, they understand the unique challenges you face every day. They also understand that after people costs, workers’ compensation is your company’s largest expense. A focus on performance and service by a team comprised of staffing and insurance veterans is supported by solid financial backing. By working with them, they hope you will come to see the insurance premiums you pay as more of an investment than an expense. Your investment in Work First yields real dividends in the form of industry- specific and industry-best claims management, loss prevention, and underwriting services. For additional information on any of our sponsors, please visit their website by clicking on their logos.