Alera Group Acquires The Avon-Dixon Insurance Agency
DEERFIELD, IL (January 7, 2019) — Alera Group, a leading national insurance firm, today announced that it has acquired The Avon-Dixon Insurance Agency, LLC, from Shore Bancshares, Inc., effective December 31, 2018. The Avon-Dixon Insurance Agency, headquartered in...
District Court Judge in Texas Strikes Down the ACA – But Law Remains In Effect for Now
On Friday, December 14, a federal judge in Texas issued a partial ruling that strikes down the entire Affordable Care Act (ACA) as unconstitutional. The White House has stated that the law will remain in place, however, pending the appeal process. The case, Texas v....
IRS Extends Deadline for Furnishing Form 1095, Extends Good-Faith Transition Relief
IRS Extends Deadline for Furnishing Form 1095, Extends Good-Faith Transition Relief The Internal Revenue Service (IRS) has released Notice 2018-94, extending the deadline for furnishing 2018 Forms 1095-B and 1095-C to individuals from January 31, 2019 to March 4,...
Alera Group Acquires Orion Risk Management Insurance Services
West Coast Firm Expands Benefits and Risk Management Expertise DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Orion Risk Management Insurance Services. Terms of the...
IRS Increases Health FSA Contribution Limit for 2019, Adjusts Other Benefit Limits
On November 15, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-57, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,700 for plan years beginning in 2019. The Revenue Procedure also...
Alera Group Acquires Pennsylvania Financial Services Firm
Latest Acquisition Expands Wealth Management Expertise DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Perspective Financial Group. Terms of the transaction were not...
Medical Loss Ratio Rebates
Medical Loss Ratio Rebates Under the Affordable Care Act The U.S. Department of Health and Human Services (“HHS”) has provided guidance on the Affordable Care Act’s (“ACA’s”) medical loss ratio (“MLR”) rule, which requires health insurers to spend a certain percentage...
Managing Risk – Fall 2018 Newsletter
Nine Ways to Save on Workers Comp Insurance Your agent can help explain in more detail and show you how to get the best rates for the coverage you need. Use Correct Job Classifications. There are 500 to 600 job classifications to choose from, and getting the best fit...