AssuredPartners

AUGUST 5, 2021

Michigan Insurance Company Joins National Broker LAKE MARY, FL – August 5, 2021 – AssuredPartners, Inc. is proud to announce that Sterling Insurance Group, Inc. Sterling is the 4 th acquisition in June and the 23 rd acquisition in 2021. Sterling) of Sterling Heights, MI has joined AssuredPartners.

Insurance 65

Insurance Insurance Carriers Consulting Employee Benefits 65

Benefit Resource Inc.

MARCH 11, 2021

The American Rescue Plan Act of 2021 (ARPA) was passed through the House and Senate this week. The COBRA subsidy is only available for premiums due from April 1, 2021 through September 30, 2021, referred to as the subsidy period. The bill is headed to the President’s desk and expected to be signed into law.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

InterWest Insurance Services

NOVEMBER 8, 2022

in the first quarter of 2021. This can lead to costly problems and loss of insurance coverage. If you are faced with the possibility that one of your properties is going to suddenly be vacant, you should take a look at your property insurance policy to see if it has a vacancy exclusion and if so, what it says.

Insurance 91

Insurance Insurance Carriers Utilities Management 91

Griffin Benefits

OCTOBER 1, 2022

This reporting is due by December 27 of this year and must include information for the 2020 and 2021 calendar years, regardless of the plan or policy year. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

Insurance Carriers 65

Insurance Carriers Employment Flexible Spending Account Insurance 65

Higginbotham

JUNE 7, 2024

Risk levels for a business (and an insurance carrier) can vary depending on the type of product involved. Larger companies tend to face larger risks, especially when it comes to the potential for class action product liability lawsuits. Type of Product.

Insurance 52

Insurance Manufacturing Food Insurance Carriers 52

InterWest Insurance Services

DECEMBER 2, 2022

Health spending dropped considerably in 2020 and 2021 as people stayed away from health care environments, but now people are back seeking care that was delayed. Insurance carriers have been trying out new approaches to controlling costs, while improving health outcomes for their plan enrollees. Other cost-saving measures.

Insurance Carriers 83

Insurance Carriers Insurance Hospitality Consulting 83

Higginbotham

NOVEMBER 22, 2022

To stay in business, insurance carriers need to protect their loss ratio. Given these risks, it’s important to research non-admitted carriers to make sure you’re confident in their capability to cover your risks. Carrier Ratings and Financial Strength. AM Best rates both admitted and non-admitted carriers.

Insurance 52

Insurance Insurance Carriers IT 52

Higginbotham

JUNE 7, 2022

Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurance carriers or TPAs to provide the MRFs. However, the PCORI fee payment for plan years ending in 2021 is due Aug. February 2021. March 2021. April 2021. August 2021.

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Higginbotham

FEBRUARY 11, 2022

Most all insurance carriers are handling the coverage and availability requirements for their clients. 1, 2021, and before Oct. For plans ending in 2021, the next PCORI fee payment will be due Aug. 2, 2021 (since July 31, 2021, was a Saturday). Employer Takeaway. The law takes effect Feb.

Paid Sick Leave 52

Paid Sick Leave Insurance Carriers Paid Leave Flexible Spending 52

McNees

MAY 21, 2021

On May 18, 2021, the IRS issued the long- awaited guidance on the COBRA subsidy and premium assistance credit available under the American Rescue Plan Act of 2021 through eighty-six questions and answers. If your plan is fully insured, your insurance carrier is responsible for the premium assistance.

Insurance Carriers 40

Insurance Carriers Insurance Medical Employee Benefits 40

AssuredPartners

AUGUST 5, 2021

This rule, entitled Transparency in Coverage, requires group health insurance carriers and self-insured plans to disclose rates and cost-sharing information for all covered items and services. Effective January 1, 2024 , the online cost-sharing information must include all covered items and services.

Out of Pocket Cost 69

Out of Pocket Cost Insurance Carriers Pharmaceutical Insurance 69

Benefits Notes

MARCH 1, 2022

In this case, there was an enrollment error in signing up an employee for life insurance coverage with his employer – Georgio Armani Corp. The surviving spouse, Soohyun Cho sued the insurance carrier – Reliance for the balance of the $500,000 death benefit after Reliance paid her only $50,000 on the claim.

Health and Welfare 40

Health and Welfare Insurance Carriers Life Insurance Pension 40

AssuredPartners

OCTOBER 11, 2022

On August 19, 2022, the Departments of Health and Human Services (HHS), Labor (DOL), and the Treasury (IRS) issued the joint final rules and additional FAQs regarding the implementation of the Consolidated Appropriations Act, 2021 (CAA). One of the topics addressed in this joint release relates to the No Surprises Act (NSA).

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Bonuses 52

Benefit Resource Inc.

MARCH 5, 2021

If enacted, the subsidy would be available starting after the passage of the legislation through September 30, 2021. The employer would be responsible for working with insurance carriers to pay monthly invoices. However, it’s too early to tell exactly what the impact will be. Details are still developing.

Government 74

Government Insurance Carriers Taxes Insurance 74

AssuredPartners

JULY 9, 2021

Florida Insurance Company Joins National Broker LAKE MARY, FL – July 9, 2021 – AssuredPartners, Inc. is proud to announce Ballator Insurance Group, Inc. Shane Caldwell stated, “At Ballator, we are a specialty focused insurance firm serving the needs of niche industry groups.

Insurance 40

Insurance Insurance Carriers Consulting Employee Benefits 40

Workers' Compensation

DECEMBER 28, 2021

Governor Murphy yesterday signed legislation (S-2559-12/21/2021 Approved P.L.2021, 28, 2021), [link] Related Articles Household Contacts can sue an employer for harm caused by COVID 12/22/21 Parking Lot Cases to be Compensable Under Legislation Sent to the Governor 12/21/21 OMG, Omicron! Recommended Citation: Gelman, Jon L.,

Workers’ Compensation 59

Workers’ Compensation Insurance Carriers Healthcare Technology 59

AssuredPartners

DECEMBER 16, 2020

Lauren’s new role will become effective on July 1, 2021 and will report to AssuredPartners President, Randy Larsen. Over the next six months, Lauren will serve as President of AssuredPartners’ New England operations, which primarily includes the new team from the Peoples United Insurance Agency acquisition.

Insurance Carriers 40

Insurance Carriers Insurance Employee Benefits IT 40

AssuredPartners

AUGUST 10, 2023

The MHPAEA guidance provided by the Departments are all quite technical in nature, and focus on the comparative analysis that plans and insurance carriers must complete in order to confirm that each of the non-quantitative limitations (“NQTLs”) imposed by the plan or policy that apply to a MH/SUD benefit (i.e.,

Insurance Carriers 52

Insurance Carriers Insurance Medical Deductions 52

AssuredPartners

MARCH 5, 2021

The conclusion this year is the annual cost to defend, settle or litigate claims will decrease – projected 2021 costs are $1,730 per occupied bed (down from $2,300 per bed). By quickly managing these events, communities are able to mitigate financial risk associated with surveys and liability insurance.

Insurance Carriers 40

Insurance Carriers Education Insurance Consulting 40

PeopleStrategy

JUNE 15, 2020

But the reality is, deciding what benefits you will offer employees for the 2021 plan year is perhaps more critical than ever. Brokers should have established relationships with several different insurance carriers and present multiple options to meet your goals and objectives.

Insurance Carriers 71

Insurance Carriers Benefits Package Insurance Electronics 71

Workers' Compensation

JANUARY 5, 2022

Before the Omicron variant surge in late 2021, it was estimated that over 2 million people in the United States suffered from PASC. Employers and insurance carriers should actively encourage adopting and implementing new innovative testing and treatment avenues to limit their risk exposure. Thomson-Reuters 2021).

Family and Medical Leave Act 64

Family and Medical Leave Act Workers’ Compensation Pharmaceutical Medical 64

Higginbotham

DECEMBER 15, 2022

Since the mistake is not immediately apparent, neither the surgeon nor the patient realizes there is a problem until 2021, when the patient seeks medical care from another provider. However, the surgeon retired in 2020 and terminated the medical malpractice liability insurance policy at that time. Switching Insurance Carriers.

Insurance 52

Insurance Insurance Carriers Medical Retirement Plan 52

Higginbotham

SEPTEMBER 16, 2022

million households owned an RV in 2021, an increase of 62 percent since 2001. million RV owners, make sure you have the right RV insurance. Different types of RVs require different types of insurance. Some insurance carriers will not insure RVs rented to others. Be sure to get with a carrier that will.

Insurance 52

Insurance Insurance Carriers Finance Electronics 52

Genesis HR Solutions

AUGUST 19, 2020

As we look toward 2021 and beyond, PEOs, including Genesis HR Solutions , are uniquely positioned to provide opportunities and positivity to our clients. Managing insurance carrier relationships. Here’s a summary of PEO history, what we’re seeing now, and what may lie ahead for PEOs.

Work From Home 52

Work From Home Professional Employer Organization Insurance Carriers Human Resources 52

Total Employee Benefits

DECEMBER 14, 2021

Beginning December 27, 2021, as part of the Consolidated Appropriations Act, covered service providers – insurance providers, benefits brokers, agents, and consultants – are required to disclose any compensation they expect to receive over $1,000.

Insurance Carriers 52

Insurance Carriers Health and Welfare Insurance Employee Enrollments 52

Workers' Compensation

MAY 16, 2022

The issue is whether employers and/or their insurance carriers could be compelled to reimburse costs for medical marijuana in light of the Controlled Substances Act (CSA or Act), Pub. The disagreement is limited and recent, with three of the four decisions coming in 2021. 801 et seq., 91-513, Tit. II, 84 Stat.

Medical 52

Medical Workers’ Compensation Insurance Carriers Government 52

The Workcomp Writer

DECEMBER 10, 2021

Group , 2021 S.C. Hartford Fin. LEXIS 154 (Dec. The appellate court acknowledged that rules are rules, but stressed that “the rule of good cause was also a rule”[Opinion, p.

Commissions 56

Commissions Insurance Carriers Workers’ Compensation Insurance 56

The Workcomp Writer

JANUARY 16, 2023

3d 825 (2021)]. The Court indicated that because the Board had not cited any legal authority for its conclusion, much less identify a federal statute that exposed the insurance carrier to criminal prosecution, it would vacate the Board’s determination that the reimbursement would violate federal law. Aurora , 2021 N.Y.

Workers’ Compensation 52

Workers’ Compensation Medical Insurance Insurance Carriers 52

AssuredPartners

SEPTEMBER 30, 2021

On September 9, 2021, The White House issued a statement concerning the Executive Order on Ensuring Adequate COVID Safety Protocols for Federal Contractors [1]. Currently, health and life insurance carriers do not appear to be charging or intend on charging unvaccinated members more than vaccinated members. [6]

Insurance Carriers 75

Insurance Carriers Life Insurance Insurance Health Insurance 75

Fringe Benefit Analysts

JANUARY 25, 2021

The Consolidated Appropriations Act of 2021 (The Act) was signed into law on December 28th by President Trump. The Act allows companies to voluntarily continue with the EPSL, through March of 2021. Brokers like me get paid through commissions from insurance companies on the policies that we sell to members.

Family and Medical Leave Act 40

Family and Medical Leave Act Paid Leave Health Insurance Telecommunication 40

AssuredPartners

OCTOBER 17, 2022

For fully insured plans, health insurance carriers will be responsible for making the necessary reporting from a legal standpoint. Finally, plan sponsors and insurers must report any reduction in premiums and out-of-pocket costs associated with these rebates, fees, or other remuneration. What is the mandate?

Health Insurance 98

Health Insurance Out of Pocket Cost Insurance Carriers Manufacturing 98

Benefits Notes

MARCH 31, 2021

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. The individual is a qualifying individual and already enrolled in COBRA coverage on April 1, 2021, or enrolls in COBRA coverage during the “special enrollment period” described below. Subsidized COBRA. Tax Credit.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

Higginbotham

MARCH 1, 2022

As of June 2021, the application fee for a prime contractor is $300, and the fee for a subcontractor is $150. Show proof of workers compensation insurance to the Workers Compensation Board. Workers’ compensation must be obtained from a private insurance carrier.

Construction 52

Construction Insurance Taxes Workers’ Compensation 52