Five Regulations That Need to Change

The administration is undoing regulations at a good clip. The clip and the clipping need to move quickly while the momentum is there. Rob Wilson, President of Employco USA and an employment trends expert has communicated some valid points along these very lines: recent employment numbers have cheered Americans with 235,000 new jobs added in February in sectors which have been paltry in the past, such as jobs in the private sector, construction and manufacturing. Wilson has five suggestions that we endorse for strengthening the economy:

1. Remove President Obama’s overtime law. This rule puts a huge financial burden on many small businesses, according to Wilson.
2. Replace Obamacare. “President Trump needs to remove the mandate on individuals and employers, as well as reduce the amount of governmental oversight (including the elimination of Forms 1094 and 1095),” says Wilson. “He should also allow employers to change employee eligibility back to 40 hours per week. And this is crucial: He needs to open up interstate insurance sales, as well as cancel the Cadillac tax.”
3. Establish six weeks of paid family leave benefit (maternity and paternity). “This will set a simple standard for all companies to follow.”
4. Lower the business income tax to a target 15%. “Doing so will help promote job growth and business stability.”
5. Stagger the federal minimum wage increase, reaching $10.00/hr in January 2021. “This will narrow the gap between cities/counties bordering municipalities with higher minimum wage, which will help prevent company moves and give consumers more money to spend.”

MSO, Inc. (The Mutual Service Office, Inc.) continues to grow and to promote from within—generally a healthy characteristic in an organization with a niche concentration, such as MSO. Megan Townley has been advanced to the position of Director of Operations and Project Management of the 73-year-old insurance services powerhouse. Megan joined MSO in 1998 as Network Administrator and has held various positions including IT Manager and Manager of Marketing and Operations. She led the development efforts for the MSO Forms and Manuals Database. In addition, she led the development and implementation of the MSO cloud environment which provides staff anywhere/anytime access to information and tools to do their jobs. Ms. Townley has a Bachelor of Science Degree in Biomedical Sciences from Texas A&M University. According to MSO CEO Jan Scites, “Megan has been instrumental in helping MSO build its national footprint in the P&C industry. She is a very valuable member of the team.” Good luck, Megan….and same to John Mina, new President of Risk Strategies Company, a privately held, rapidly growing national insurance brokerage and risk management firm with an ambitious agenda for expanding. John joins Risk Strategies after over two decades with Willis Towers Watson, where he most recently served as Head of Corporate Risk & Broking, Atlantic South Region. He began his brokerage career in 1989, working with Marsh McLennan in the New York City office.