Skip to Content


Articles

Marine Employers’ Liability Coverage: What is it, and Do You Need it? Part I

Unless your job is directly related to procuring, underwriting, or brokering insurance, it’s very likely that commercial insurance is something of a mystery. Within the industry, it’s widely accepted that marine insurance is among the oldest, if not the oldest, forms of insurance dating back to the Middle Ages.

Read more

The Washington State Long-Term Care Trust Act Opt Out is Now Available Online

Friday, October 1st, is the first day that Washington employees can apply to opt out of the state’s new long-term care (LTC) plan.

Read more

Create a Culture of Intrapreneurship and You Could Have the Key to Innovation

Intrapreneurs are the leaders within an organization who think outside the box and know how to get things done – behaving much like entrepreneurs. As a business owner, how can you encourage a culture of intrapreneurship and empower these individuals to bring their ideas to the table in your organization?

Read more

Don’t Go Chasing Rabbits… and Other Musings of a Career in Employee Benefits

I was recently asked to write a retrospective article looking back at my 36+ years in this industry and comment on all that has changed. That sent me down a rabbit hole thinking about all that has changed in that time and the many crazy twists and turns along the way.

Read more

Presidential Executive Order to Require Vaccine Mandate or Frequent Testing

On September 9, 2021, an Executive Order from President Joe Biden was issued, requiring all US employers with 100 or more employees to require COVID-19 vaccinations or a weekly negative test result before coming to work. This is all available in the Path Out of the Pandemic, the White House’s COVID-19 Action Plan.

Read more

Medicare Part D Notice Reminder:
Deadline of October 14th

Employers with group health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D must comply with certain disclosure requirements.

Read more

2022 “Affordability” Percentage

In Revenue Procedure 2021-36, the IRS decreased the affordability percentage from 9.83% to 9.61% for 2022. This percentage determines which applicable large employers may face penalties under §4980H(b) for failure to offer affordable coverage as well as which individuals may qualify for subsidized coverage through a public Exchange.

Read more

The Most Common Questions About Non-Owned Auto Liability

A common question commercial insurance brokers get from business owners and risk managers is about employees using their own vehicle for work purposes and whether they are covered by the commercial auto policy.

Read more

Keeping Up With Clinical Risk Management:
Are You Asking Patients About Their Digital Health Connectivity?

Digital health technology, which includes the electronic tools, systems, devices, and resources that generate, store, and process data, exploded. COVID-19 pushed forward these digital tools that allowed patients to communicate remotely with healthcare providers in real time.

Read more

Transparency Requirements & Surprise Billing – Agency FAQs Offer Several Delays

Last week, agency guidance was released in the form of frequently asked questions (FAQs) clarifying requirements and effective dates set forth in the transparency in coverage final rules and the Consolidated Appropriations Act (CAA).

Read more

Health Plan Cost Transparency

The health plan cost transparency rules (the transparency rules) contain two principal requirements. First, carriers and health plans will need to make a data file publicly available that will provide detailed data on plan reimbursement rates for different providers. Secondly, plans will need to provide an advanced estimate of the cost to participants for medical services covered by the plan.

Read more

The Sticker Shock of Wood Frame Builder’s Risk Market

You may have heard that wood frame projects are more challenging to insure, but unless you received a recent quote on one, you might not realize what this means. Though the market is challenging, there are some steps you can take to be prepared and help obtain the best quotes possible.

Read more