Risk & Business Magazine Spectrum Insurance Magazine Fall 2017 | Page 5

16 WELCOME feature PATRICK LENCIONI: CONQUERING TEAM DYSFUNCTION CONTENTS 5 LETTER FROM THE OWNER Welcome to the fall 2017 edition of Risk & Business Magazine. Spectrum Insurance Group is pleased to provide this magazine as a valuable resource for your company. The purpose of the magazine is to bring relevant content to help your business succeed. Inside this edition, you’ll find many great articles related to business insurance, employee benefits, safety/risk management, employment law, banking, financial management, and general business topics. We think you will find these articles informative and useful to the success of your business. When Spectrum Insurance Group was started in 2007, one of the core values we established was to provide value-added services to our customers. Risk & Business Magazine provides another outlet to help inform and educate not only our customers but all businesses located throughout the state of Wisconsin. What’s good for all businesses in Wisconsin is good for Spectrum Insurance Group! 6 STATE TAX RISK: Are You Covered? With the news in the headlines recently regarding Hurricanes Harvey, Irma, Jose, and Maria, many businesses are wondering what 9 A WORKAHOLIC’S LESSON ON LOVE & LOSS impact the hurricanes will have on insurance rates for 2018 and Lindsey Boggs - From The Ritz To a Padded Cell 12 BE A BETTER LEADER Be More Like Your Heroes 14 TEAM CULTURE There’s An App For That 20 ARE YOU AN ACCIDENTAL DIMINISHER? Diminishers Vs. Multipliers 22 IS CAREER REINVENTION IN YOUR FUTURE? 24 MIKE MICHALOWICZ A Simple Technique To Skyrocket Productivity 25 WISCONSIN WORKER’S COMPENSATION FEE SCHEDULE BACK ON THE TABLE 26 SEVENTH CIRCUIT HANDS EMPLOYERS BIG ADA WIN: Rejects EEOC’s Long-Term Medical Leave of Absence Guidance 2019. We are starting to see some of the numbers coming in, and the insured losses are quite staggering. The Insurance Council of Texas has estimated overall insured losses from Harvey to be nearly $19 billion. Irma is estimated to have in excess of $18 billion in insured claims. While claim payments in Texas and Florida may not immediately impact insurance rates in Wisconsin, the long-term effect of reinsurance premiums paid by insurance companies in Wisconsin will more than likely cause a spike in property insurance rates. Stay tuned! On behalf of the entire staff in all of our offices located throughout Wisconsin, we hope you enjoy this issue of Risk & Business Magazine. Please feel free to provide me any feedback regarding the magazine by emailing me at [email protected]. I’d love to hear from you. 28 OSHA’S CRYSTALLINE SILICA RULE 30 NEW SUMMARY OF BENEFITS AND COVERAGE TEMPLATE REQUIRED FOR 2018 OPEN ENROLLMENT Sincerely, D arrel Zaleski, Owner SPECTRUMINSGROUP.COM 5