Marsh & McLennan Agency (MMA) is committed to giving back to the community and we fulfill this commitment though the work of the Barney & Barney Foundation. Since 2009, the foundation has awarded more than $2.8 million to over 80 nonprofits.
Each year, the Barney & Barney Foundation holds three events in order to raise awareness and provide grants to local nonprofits. In total, the Barney & Barney Foundation awarded $260,000 in grants to nine nonprofits in California this year.
Rock the Foundation Benefit Concert
On September 29, 2017, MMA hosted the 8th Annual Rock the Foundation benefit concert featuring cover band Liquid Blue. Attendees also enjoyed great food, drinks, a fun green screen photo booth and much more at the Del Mar Fairgrounds. Home Start and Alzheimer’s San Diego each received $35,000 and Foundation of the Children of the Californias and Access Youth Academy both received $20,000 to further their mission.
The holidays are a time for family, food, and fun. A house fire is the last thing on our minds. So, it’s easy to overlook the potential fire risk from common holiday items such as candles, indoor trees, and twinkle lights. According to the National Fire Protection Association, almost 47,000 fires take place during the holiday season and, tragically, one in thirty-one Christmas tree fires result in death.
Each fall, Marsh & McLennan Agency (MMA) kicks off a season of giving through the Barney & Barney Foundation. The foundation awards grants to local non-profits, raising funds through the annual Rock the Foundation rock concert and golf tournaments in Orange County and the Bay Area. In addition to donating their time and resources at these events, our colleagues enjoy getting to know the grant recipients and the work they do by spending time volunteering. This year colleagues took advantage of volunteer opportunities at Home Start in San Diego, George Mark Children’s House in the Bay Area, and Laura’s House in Orange County.
Here’s a recap:
At Home Start
Home Start is dedicated to effectively preventing and treating child abuse. The team at Home Start provides a variety of services in the community to help eliminate the causes of abuse. From their Maternity Shelter Program to parenting classes to child development specialists and so much more, children and their families depend on Home Start. Key to their success is a focus on a variety of self-sufficiency programs which allow their clients to develop the skills needed to thrive.
Beginning in 1974, with the advent of The Employee Retirement Income Security Act (ERISA), those who manage employer benefit plans are considered fiduciaries acting on behalf of participants and beneficiaries are subject to specific standards of conduct.
The standards of conduct required by ERISA are separated into four primary categories:
- Duty of Loyalty – Be loyal to participants and beneficiaries
- Duty of Prudence – Be prudent in making decisions
- Duty of Diversify – Offer a variety of investments
- Duty to Follow Plan Documents – Adhere to plan documents
Fiduciaries agree to make decisions about employee benefits in the best interest of plan participants. The law sees the responsibility as the fiduciary’s, at times holding them personally accountable, negatively impacting their personal assets.
Topics: Employee Benefits
The opioid epidemic in America has become so severe that not a day goes by without hearing stories or reading about it in the news. For employers, opioid addiction has has a huge negative impact on the workplace and workforce.
Many workers who are injured on the job and are treated within the workers’ compensation system are prescribed opioids for pain management. In an effort to reduce claims and costs, insurance carriers are introducing new solutions to combat opioid addiction.
In 2015, Travelers established the Early Severity Predictor model, which cut the use of opioids in over 500,000 injured employees by 30% and has helped employers reduce medical claims expenses by up to 50%. The model works by identifying the likelihood that someone will develop chronic pain, a leading cause of opioid dependency. Travelers shares the results with the injured employee’s physician, helping them to identify effective treatment alternatives in order to avoid opioids. The insurer’s claims handling professionals can also use this information to evaluate requests for prescription payments.
California is suffering unprecedented devastation as wildfires spread through both rural and urban communities. Many of our colleagues, clients and business partners in the affected regions are facing evacuations, fear of the unknown and in some cases, loss of property. In the midst of a crisis, it can be hard to know what to do or how to help. We put together a quick list of resources, depending on individual needs.
For up to the minute updates on wildfire progression and evacuation areas, visit Cal Fire’s Incident Information page: http://www.fire.ca.gov/current_incidents
If you are a homeowner and have a home that was lost or damaged as a result of the fire, contact your broker right away.
If you are a business owner and have suffered a loss related to your business, once you and your employees are safe, contact your broker right away.
If you are not currently in an area threatened by fire and are concerned about precautions you can take to protect your own home or business, contact your broker to discuss the best plans and policies to have in place.
Marsh & McLennan Agency and Anthem Blue Cross’ partnership is bringing value to Beyond Benefits Trust clients and their employees through the Diabetes Prevention Program (DPP). With 90 percent of diabetes diagnoses being Type 2, the disease is a dangerous and growing crisis worldwide*. As part of our dedication to deliver innovative and quality healthcare, the DPP will provide educational awareness to employees while empowering them to improve their long term health.
We kicked off the program in August and reached over 10,000 members in the Trust. Employees that chose to engage in the program determined if they prefer to meet weekly online or in a classroom setting for 16 weeks and then monthly for the balance of a year. The program teaches participants to make lasting lifestyle changes by eating healthier, increasing physical activity, and improving coping skills. By providing employees with tools such as a wireless scale or an activity tracker, support through small groups, weekly lessons, and access to a personal health coach, small changes will start to make a big difference!
Topics: Employee Benefits
Now in its 55th year, Big Brothers Big Sisters of San Diego County (BBBS) has served tens of thousands of youth through its much-loved and highly successful mentoring programs. At Marsh & McLennan Agency, many of our colleagues are actively involved in the organization, with many participating in the Beyond School Walls program. Through Beyond School Walls, our colleagues are paired with youth for one-on-one mentoring in the professional workspace. We are honored to support such an incredible organization which helps change the lives of children in our community.
We are also proud to share that this year Big Brothers Big Sisters of San Diego County will be honoring MMA Principal and incoming BBBS Chairman Bill Brennan as its Person of the Year.
MMA West Region CEO Paul Hering, who is also being honored with the Lifetime Achievement Award this year, originally introduced Bill to Big Brothers Big Sisters at its Annual Gourmet Dinner. Inspired by their mission, Bill became a Big Brother in 2000. He joined the board several years later and has since served in many roles on nearly all of BBBS’ committees. As the incoming board chairman, Bill is eager to further the mission of mentoring children by focusing on BBBS’ great programs serving the San Diego area.
Spice up your Thursday night on September 28, 2017 by joining us for the Barney & Barney Foundation’s 8th annual Rock the Foundation benefit concert at the Del Mar Fairgrounds! This year, our goal is to raise $250,000, which means every ticket purchase counts. Rock the Foundation proceeds will benefit four non-profits in San Diego County: Home Start, Foundation of the Children of the Californias, Access Youth Academy, and Alzheimer’s San Diego.
MMA loves to give back to the community and we are so glad to have the support of our colleagues, carriers, clients, family, and friends to help us do just that. Never been to RTF or just want to know what’s in store this year?
Here are 8 things to get excited about at the 2017 Rock the Foundation concert.