Archive for the ‘News & Events’ Category

Ned Hyland honored with 2015 Kent Clapp CEO Leadership Award

Posted on: December 11th, 2015 by todd-admin No Comments

Todd Associates and its president Ned Hyland were honored with the Medical Mutual 2015 Pillar Award for Community Service and Kent Clapp CEO Leadership Award presented by Smart Business at an awards dinner and ceremony held December 9th at LaCentre in Westlake.

The Pillar Awards honor greatness in the name of outstanding community service. Todd Associates was recognized for its support of dozens of worthwhile local non-profits, such as Boys Hope Girls Hope of Northestern Ohio, United Way of Greater Cleveland, Rhonda’s Kiss and Boys and Girls Clubs of Cleveland and Gilmour Academy, to name a few.

Ned Hyland was selected for the Kent Clapp CEO Leadership Award for initiating and growing the Miracle Fund, in memory of his wife, Diana, which supports advanced breast cancer research at University Hospitals Seidman Cancer Center. Medical Director Julian Kim, M.D. presented the award to Ned along with Medical Mutual Chief Marketing & Communications Officer and Executive Vice President of Corporate Communications and Sales & Customer Relations Jared Chaney, who made a special announcement that Medical Mutual will donate $10,000 to the Miracle Fund as part of the Pillar Award recognition.

Julian Kim, MD introduces Ned Hyland Jared Chaney of Medical Mutual Cathy Hyland, Mary McKenna, Ned Hyland, Becky Hennessy and Shannon Burke

Sean Hennessy, Ned Hyland and Julian Kim, MD

The Smart Business story reads as follows:

Philanthropy is a big part of Ned Hyland’s life, and that passion has been extended to his work at Todd Associates Inc., where he serves as president and shareholder. But there is one cause that stands out above the rest for Hyland and his family.

In 2008, the Diana Hyland Miracle Fund was established in memory of Hyland’s wife, Diana, who lost her battle with the devastating disease of metastatic breast cancer in October 2008. Diana and Ned co-founded the fund when Diana became very ill. She knew it would not benefit her personally, but her vision was to create a fund that would help others afflicted with advanced breast cancer.

The Miracle Fund’s mission is to further research for advanced breast cancer by focusing on new theories, trials and treatments aimed at managing the cancer and extending lives. Every dollar raised does directly to University Hospitals Seidman Cancer Center. What makes the Miracle Fund unique is that it is one of the first funds to focus solely on advanced breast cancer. As a result of the fund’s efforts, internationally recognized authorities on breast cancer treatment and research are being recruited to Seidman Cancer Center.

Since its inception, Ned has led the grass-roots committee of family and friends to host seven annual gala fundraisers at Shaker Heights Country Club, as well as numerous golf outings to support the fund. He has successfully recruited other families and individuals afflicted by advanced breast cancer to become involved and financially support the fund.

Congratulations to Ned and the entire Todd Associates team on this special honor!

Diana Hyland Miracle Fund

David Souders to serve on EB-5 & Data Security Webinar Panel Jan. 7th

Posted on: December 8th, 2015 by todd-admin No Comments

On Thursday, January 7th, Invest In the USA (IIUSA) is hosting an important and timely webinar discussing risk management and insurance considerations in an EB-5 transaction.

On this webinar, the expert panel will review the domestic and international legal framework which establishes liability for Regional Centers relating to the transfer and storage of sensitive information. The panel will also provide recommendations to Regional Centers and other EB-5 stakeholders on how to mitigate risk in an EB-5 transaction.

Moreover, the group will discuss the latest trends for data breaches and what Regional Centers can do from a technological standpoint to minimize risk. Lastly, the panel will present a description of what insurance products will work when it comes to transferring the costs associated with a data breach to an insurance carrier and what major legal/technological protocols are of importance to an insurance carrier.

Panelists:
David Souders – IIUSA Director; Vice President, Todd Associates, Inc.
Mark Greisiger – President, NetDiligence
Michelle A. Reed – Partner, Akin Gump Strauss Hauer & Feld LLP 
The Webinar takes place from 3:00-4:30 p.m. EST. The cost is $100. CLICK HERE to register. Or, email info@iiusa.org for more information.

Todd Associates Support Miracles Happen Benefit

Posted on: November 4th, 2015 by todd-admin No Comments

Todd Associates is proud to once again serve as a major sponsor of the 8th annual Miracles Happen, a benefit for advanced breast cancer research at University Hospitals Seidman Cancer Center, taking place Friday, November 13 at 6:30 p.m. at Shaker Heights Country Club, 3300 Courtland Boulevard in Shaker Heights.

The Miracle Fund was established in memory of Diana Hyland Miracles Happen benefitwho lost her battle with the devastating disease of metastatic breast cancer in 2008. The Fund’s mission is to further research for advanced breast cancer focusing on new theories, trials and treatments aimed at managing the cancer and extending lives. Every dollar raised goes directly to University Hospitals Seidman Cancer Center – a leader in advanced breast cancer research.

Stanton Gerson, M.D., Director, Case Comprehensive Cancer Center, Director, University Hospitals Seidman Cancer Center, said, “The Miracle Fund is a truly inspiring community endeavor that facilitates highly innovative research. Equipped with knowledge gained from this research, UH Seidman Cancer Center has become a national leader in the development of new therapies to eradicate metastatic breast cancer.”

Diana Hyland understood that the research that these dollars would generate would not benefit her personally, but she wanted other women to survive and be cured of metastatic breast cancer. She knew that her wish could only be realized through innovative research and clinical trials.

Since its inception, the Miracle Fund has raised more than $4 million. What makes the Miracle Fund unique is that it is one of the first funds to focus solely on advanced breast cancer. The need for new trials, treatments and research for advanced breast cancer is greater than ever.

The evening will feature gourmet food stations by local noted chef and restaurateur Zack Bruell and Shaker Heights Country Club Executive Chef Matt Gambatese, plus live music by the Mike Petrone Band and a silent auction.

Again this year, 350 tickets will be sold as part of the Vacation Raffle. The winner chooses from one of three fabulous packages; raffle tickets are available online prior to the event. Attire is dressy casual.

Gala tickets are $125. To purchase tickets or for more information, call (216) 844-0416 or visit www.uhgiving.org/miracleshappen.

PACE Act Passes House, Senate, Offers Relief to Many Employers

Posted on: October 8th, 2015 by todd-admin No Comments

The following is an update on the PACE Act. Paul Nachtwey, Todd Associates’ Vice President, Employee Benefits, says, “The PACE Act is important because it insulates  mid-size firms indefinitely from ObamaCare community rating requirements. Without this relief, employers with 51-99 employees would face staggering rate increases. Perhaps less obvious, this legislation is further evidence that ObamaCare continues to unravel.”


The U.S. Senate, following the House of Representatives, has passed House Resolution 1624, the “Protecting Affordable Coverage for Employees Act” or “PACE Act” which will be sent to President Obama’s desk for signature. It is anticipated the President will sign the Act into law.

The PACE Act would amend the Patient Protection and Affordable Care Act (ACA) and would redefine small employers as those with 50 or fewer employees and would give states the option to expand the definition to include employers with up to 100 employees (or, practically speaking, those with 51 to 100 employees, also called “mid-size employers”). Currently all states define small employers as those with 1 to 50 or 2 to 50 employees, however many have already defined the group size up to 100 employees beginning in 2016. Employers should check their state statutes to determine the group size in place for January 2016.

If the PACE Act is not signed into law, beginning January 2016, the definition of small employer will change from groups of up to 50 to include groups of up to 100 employees. This could have a negative impact on mid-size employers, and they may face higher premium costs.

If the PACE Act is signed into law, it’s important to note that mid-size employers will not be subject to modified community rating rules beginning in 2016, unless their state chooses to define small employers as those with 100 or more employees.

Community rating, which affects the small group and individual market, is a policy by which personal factors used by an insurer to determine premium rates are very limited in scope. Instead, insurers follow instructions from the federal government on age curves, geographical rating, and state reporting to determine premiums.

Todd Associates supports Rhonda’s Kiss

Posted on: September 3rd, 2015 by todd-admin No Comments

 

Rhonda’s Kiss, a fundraising event recently hosted by Marc A. Stefanski and his children, and named for the Third Federal Chairman’s late wife, Rhonda, who lost her battle with pancreatic cancer in late 2014,  raised  $600,000 to help Cleveland residents with cancer who are unable to afford treatment and support. The July 10 event was attended by nearly 500 corporate, civic, healthcare and community leaders. Todd Associates was pleased to support the event as a main sponsor.

Through The Marc A. and Rhonda L. Stefanski Foundation and in partnership with The Cleveland Clinic’s Community Outreach Program, proceeds from Rhonda’s Kiss will provide financial support to increase cancer screenings in urban communities, and to assist patients diagnosed with cancer who are in financial need, by using a three-pronged approach, integrating outreach (education, awareness and screening), navigation (medical and home) and patient services (treatment and financial assistance and emotional support).

“The event was such an inspiring and fitting tribute to Rhonda’s memory and legacy,” said Marc A. Stefanski. “It was also a night of healing for my children and me, enabling us to move forward as a family while never forgetting what Rhonda meant to us.

“We are thrilled to have raised so much money in our first year – funds that will directly benefit cancer patients who need it most. I am grateful to everyone who donated to such a worthy cause, and also made it such a fun and memorable evening.”

The donation will be administered through Cleveland Clinic’s Taussig Cancer Institute, which will screen patients’ requests for non-medical funding needs. The Clinic will handle requests for funds and evaluate needs through its Community Outreach Program.

For more information, visit www.RhondasKiss.org.

Boys Hope Girls Hope recognizes Ned Hyland

Posted on: July 8th, 2015 by todd-admin No Comments

Todd Associates President and Shareholder Ned Hyland was recently recognized by Boys Hope Girls Hope of Northeast Ohio (BHGH) at the annual Brian Brennan Golf Classic held at The Country Club. Ned has been a mainstay of the Golf Classic for more than 25 years and as such, BHGH took a few minutes at the dinner to recognize the remarkable way he has quietly impacted the Northeast Ohio community.

Brian Brennan and Tim Grady recognize Ned Hyland

Boys Hope Girls Hope Executive Director Tim Grady said, “It was our pleasure to recognize the wonderful commitment that Ned had has made to our program over the years.”

Boys Hope Girls Hope helps academically capable and motivated children-in-need to meet their full potential and become men and women for others by providing value-centered, family-like homes, opportunities and education through college.

Former Cleveland Browns wide receiver Brian Brennan started the Golf Classic to raise money and awareness to support the homes and scholars of BHGH. This three-course event has evolved into one of the most successful and prestigious events in Northeast Ohio. Revenue from this event is a critical part of the BHGH annual operating budget. Over the past 27 years, the event has raised more than $3 million dollars to support the BHGH scholars and the three homes located on its Campus of Hope in Garfield Heights, Ohio.

Boys Hope Girls Hope Scholars

Account Executive David Souders elected to IIUSA Board of Directors

Posted on: June 3rd, 2015 by todd-admin No Comments

Beachwood, Ohio; June 3, 2015 Todd Associates, Inc. announced today that Account Executive David Souders has been elected by fellow association members to serve a three-year term on the board of directors of the Association to Invest In the USA (IIUSA).

With more than 180 members, IIUSA is the leading EB-5 Regional Center trade association in the country. Formed in 2005, the association is the national membership-based 501(c)(6) not-for-profit industry trade association for the EB-5 Regional Center Program. IIUSA advocates for policies that will maximize economic benefit to the U.S. from the Program.

“IIUSA is thrilled to welcome Dave Souders to its Board of Directors after being elected at our annual membership meeting,” said IIUSA Executive Director Peter D. Joseph. “Dave brings with him years of experience in providing essential insurance services to niche capital markets, including EB-5, that will serve IIUSA, its members, and the EB-5 Regional Center industry well.”

An insurance broker with Todd Associates since 2005, Souders specializes in the design of professional and management liability insurance for members of the EB-5 community. In 2010, Souders and his team were introduced to the world of EB-5 and quickly found that many in the industry carried insurance products which were improperly underwritten and/or structured.

After educating his underwriters on what makes one regional center’s risk profile more or less risky than another, Souders secured terms for more than 20 regional center operators, including some of the largest and most respected in the business. In 2011, Souders joined IIUSA and a year later was invited to serve as a member of the Best Practices Committee on which he still serves. As a part of the Best Practices Committee, Souders is involved in various initiatives, including the IIUSA Code of Ethics and its enforcement process.

Souders is a vocal advocate for initiatives that promote transparency in all aspects of the EB-5 transaction. He is committed to strengthening IIUSA’s position through membership growth and industry leadership so that IIUSA’s role within circles of governance and regulation can better serve its members. A graduate of John Carroll University’s Boler School of Business, Souders is an avid writer of risk management whitepapers, client advisories and webinar presentations. He frequently speaks at conferences and seminars throughout the country.

Headquartered in Beachwood, Ohio, with an office in Port St. Lucie, Florida, Todd Associates provides comprehensive, custom-designed insurance and risk management solutions.

Seminar Invitation: PPACA – 2015 and Beyond

Posted on: March 31st, 2015 by todd-admin No Comments


You’re Invited:  An Informative Seminar Presented by Todd Associates

Date: Wednesday, April 22, 2015
Time: 8:30-11:00 am
Location: Canterbury Golf Club, 22000 S. Woodland Rd., Beachwood, OH

Todd Associates, in partnership with Fisher & Phillips LLP, Maloney + Novotny, LLC and Paylocity, invites you to attend a complimentary, informative seminar to help you understand and prepare for the new Patient Protection and Affordable Care Act (PPACA) mandates.

To maintain compliance with the Patient Protection and Affordable Care Act, in 2016 many employers will be required to file IRS form 1094-C and to provide employees form 1095-C for 2015 activity. Employers will need to prepare for these requirements by collecting and storing essential data on 2015 employment activity. While the reporting forms will not be filed with the IRS until early 2016, employers must begin accumulating the information much earlier.

Employers are asking the following questions:

Presenters:
The following professionals will lend their expertise to help you understand and prepare for the new mandate:

Who Should Attend?

 Agenda:
8:30 a.m. – Coffee / Registration / Networking
9:00 – 11:00 a.m. – Presentation

To Register:
Visit http://bit.ly/19fMTTL

For More Information:
email: marketing@toddassociates.com;  phone:  (440) 461-1101

Susan Zelenka named Director of Personal Insurance Solutions

Posted on: March 23rd, 2015 by todd-admin No Comments

March 2015 – Todd Associates, Inc. announced today that Susan L. Zelenka has been appointed Director of Personal Insurance Solutions. Headquartered in Beachwood, Ohio, with an office in Port St. Lucie, Florida, Todd Associates provides comprehensive, custom-designed insurance and risk management solutions.

With more than 30 years of experience, Zelenka has successfully developed business plans and offered comprehensive risk management consulting for high net worth clients. A resident of Solon, she has built stellar relationships with affluent insurance carriers, allowing her to be creative in writing custom-designed insurance plans for family accounts and large, multi-line accounts. In her role as account executive, Zelenka is dedicated solely to the needs of Todd Associates’ high net worth clientele.

“With the addition of Susan, we’ve greatly enhanced our well-established personal insurance team,” said Ned Hyland, President of Todd Associates, Inc. “We’re thrilled to have Sue lead the charge to provide our clients with personalized service and customized solutions.”

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About TODD Associates, Inc.
Celebrating 75 years in business, Todd Associates, Inc. provides sound, comprehensive Insurance and Risk Management solutions to businesses and their owners. Founded in 1939, Todd Associates is a highly professional insurance agency specializing in custom-designed Property & Casualty Insurance, Professional Liability Insurance, Employee Benefits Solutions, Personal Insurance and Risk Management Consulting. Headquartered in Beachwood, Ohio, with an office in Port St. Lucie, Florida, the independent insurance brokerage firm has clients from large private companies in various industries to high net worth individuals.

Cleveland Accounting Show

Posted on: August 7th, 2014 by todd-admin No Comments

August 7th, 2014 – On October 30th, David Souders will present at the annual Cleveland Accounting Show at the I-X Center. His presentation will cover risk management and insurance considerations relating to the transfer and storage of sensitive information.