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INSURANCE VALUATION CAUSING YOU HEADACHE? 4 TIPS TO ALLEVIATE THE PAIN

published: August 29, 2023 | tagged in: Business Insurance, Claims Reporting, Insurance Costs, Insurance Resources, News, Risk Management
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INSURANCE VALUATION CAUSING YOU HEADACHE? 4 TIPS TO ALLEVIATE THE PAIN

When it comes to purchasing or renewing commercial property insurance, ensuring correct property valuations is vital. It can make all the difference in providing sufficient protection and preventing coinsurance […]
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Pay or Play Affordability Percentage Will Decrease for 2024

published: August 25, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Healthcare Reform, Insurance Costs
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Pay or Play Affordability Percentage Will Decrease for 2024

On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 to index the contribution percentage in 2024 for determining the affordability of an employer’s plan under the Affordable Care […]
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PROPERTY/CASUALTY MARKET REPORT – Q4 2022

published: March 13, 2023 | tagged in: Cyber Security, Emerging Risks, Insurance Costs, Intellectual Property, News, Risk Management, Risk Management Compliance News
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PROPERTY/CASUALTY MARKET REPORT – Q4 2022

Premiums increased for the 21st consecutive quarter in Q4 2022, with respondents reporting an average premium increase across all account sizes of 8.0%, down slightly from 8.1% in Q3 […]
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2023 P+C Market Outlook

published: January 9, 2023 | tagged in: Insurance Costs, Insurance Resources, News, Risk Management, Risk Management Compliance News
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2023 P+C Market Outlook

A Shifting Market Since 2019, the commercial insurance sector has been grappling with a hard marketplace—one that is particularly less friendly to insurance buyers. Such challenging conditions were brought […]
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PROPERTY/CASUALTY MARKET REPORT – Q3 2022

published: November 21, 2022 | tagged in: Cyber Security, Emerging Risks, Insurance Costs, News, Risk Management, Risk Management Compliance News
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PROPERTY/CASUALTY MARKET REPORT – Q3 2022

Premiums increased for the 20th consecutive quarter in Q3 2022, with respondents reporting an average premium increase across all account sizes of 8.1%, up from the increase of 7.1% […]
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REMINDER: PCORI FEES

published: November 18, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Healthcare Reform, Insurance Costs, News
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REMINDER: PCORI FEES

Issue Date: November 2022  In Notice 2022–59, the IRS provided the adjusted PCORI fees for plan years ending in October 2022 through September 2023. Employers who sponsored self-funded medical […]
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PROPERTY/CASUALTY MARKET REPORT – Q2 2022

published: August 19, 2022 | tagged in: Cyber Security, Emerging Risks, Insurance Costs, News, Risk Management, Risk Management Compliance News
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PROPERTY/CASUALTY MARKET REPORT – Q2 2022

Premiums increased for the 19th consecutive quarter in Q2 2022, with respondents reporting an average premium increase across all account sizes of 7.1%, compared to 6.6% in Q1. Nevertheless, […]
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2023 “Affordability” Percentage

published: August 10, 2022 | tagged in: Compliance Updates, Employee Benefits Compliance News, Financial Wellness, Insurance Costs, News
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2023 “Affordability” Percentage

Issue Date: August 2022 In Revenue Procedure 2022-34, the IRS significantly decreased the affordability percentage from 9.61% to 9.12% for 2023. This percentage determines which applicable large employers may […]
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Transparency Compliance: Machine Readable Files

published: June 3, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Insurance Costs, Insurance Resources, Technology & Innovation
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Transparency Compliance: Machine Readable Files

Background Under the “Transparency in Coverage” Final Rule (TiC), issued in 2020 by the U.S. Department of Health & Human Services, U.S. Department of Labor, and U.S. Department of […]
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PROPERTY/CASUALTY MARKET REPORT – Q1 2022

published: June 2, 2022 | tagged in: Cyber Security, Emerging Risks, Insurance Costs, News, Risk Management, Risk Management Compliance News
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PROPERTY/CASUALTY MARKET REPORT – Q1 2022

Premiums increased for the 18th consecutive quarter in Q1 2022, with respondents reporting an average premium increase across all account sizes of 6.6%. However, the rate at which premium […]
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