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...
Alera Group Expands M&A Team with New Hire
Deerfield, IL – Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has appointed Matt Kistler as Director of Business Development. In this role, Kistler will play a critical part in Alera Group’s continued...
Alera Group Expands National Presence with Three Acquisitions
DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired three firms. Each of these firms has a unique role in expanding the depth and breadth of Alera Group’s resources and...
Alera Group Expands Southeastern Presence
New Acquisition Brings More Than 100 Years of Experience to Alera Group DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services...
Alera Group Expands P&C Platform with Alliance Acquisition
DEERFIELD, IL (July 10, 2018) — Alera Group announced it has acquired a controlling interest in The Insurance Alliance of Central Pennsylvania (“The Alliance”), effective July 1. The Alliance provides support to 10 firms in Pennsylvania, including three firms that...