On March 3, 2022, the IRS issued four new answers to frequently asked questions (FAQs) about tax credits for employee leave taken under the Families First Coronavirus Response Act (FFCRA) and the American Rescue Plan Act (ARPA). The new FAQs concern employer and employee reporting of wages for leave taken under the FFCRA and ARPA […]
Read MoreOutlined below are some major factors leading to water damage losses. These losses are potentially contributing to a rise in insurance premiums. Water damage has become the second most common type of insurance claim after wind and hail damage.1 Based on recent reported data from insurers, one in fifty insured property structures will submit a water-related […]
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Each year, employers providing Employer Sponsored Health Plans, that provide prescription drug coverage must disclose to the Centers for Medicare & Medicaid Services (CMS) whether that coverage is creditable. Employers must complete an online disclosure with CMS within 60 days after the beginning of the plan year, or March 1, 2022, for calendar year plans. If […]
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There are many reasons to get a pet. A senior pet may be your best choice! Pets give us unconditional love and attention. They offer companionship and listen without judgment. While puppies and kittens are great, senior pets are loving, attentive companions with their own benefits. Here are three reasons why adopting a […]
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The annual open enrollment plan for individual health care plans is beginning soon. The 2022 Open Enrollment Period or OEP begins on November 1st and ends on January 15th. If you are looking to be covered on January 1st, you can start your enrollment period as early as November 1st. Every state is able to […]
Read MoreForbes partnered with Statista to survey customers of more than 4,200 U.S. insurance companies to create the rankings, focusing on customers’ likelihood of recommending a company, their general satisfaction with their current insurer, and five additional sub-dimensions, such as financial advice, customer service, price/ performance ratio, transparency, and damage/benefit ratio. A loyalty score was calculated […]
Read MoreIt all happens so fast; one minute, you’re changing diapers, and the next thing you know, your little one is all grown up. Suddenly, they’ve swapped plastic teething keys for the real, metallic set. That 16th birthday can bring about one of the most terrifying things any parent has to go through — teaching their […]
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President Biden issued an Executive Order that will require Coronavirus Disease Vaccination for Federal Employees, Contractors and/or those that conduct work on behalf of the Federal Government. Certain group of Private Employers are included in the order. To read the order, CLICK HERE. Here’s what’s known about the upcoming rule, keeping in mind these particulars […]
Read MoreCOVID-19-related employment practices liability claims are on the rise as companies everywhere embark on the rocky transition back to a pre-quarantine workplace. Both employers and insurance providers are struggling to respond to the changing landscape and mitigate growing insurance expenses. There’s never been a more important time for businesses to protect themselves with employment practices […]
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