Deerfield, IL (April 10, 2023) — Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Wilson, Washburn & Forster Insurance, a full service property and casualty insurance agency based in Miami,...
On March 3, 2023, federal agencies released revised Prescription Drug Data Collection (RxDC) Reporting Instructions applicable to the 2022 reference year. RxDC reporting for the 2022 reference year is due on or before June 1, 2023. Background The...
The Consolidated Appropriations Act of 2021 (CAA) requires insurers and employers who sponsor group health plans to submit annual reports on prescription drug use and healthcare spending by June 1. To assist in this process, known as “RxDC reporting,”...
When the Consolidated Appropriations Act, 2021 (the “CAA”) was enacted on December 27, 2020, it included a provision that prohibits group health plans and health insurance carriers from entering into certain agreements that, either directly or indirectly,...
Deerfield, IL (March 23, 2023) — Alera Group, a top independent national insurance and wealth services firm, announced today that Cynthia Ballantyne has been appointed as Managing Director of the West region. In her new role, Ballantyne will accelerate growth by...
Deerfield, IL (March 28, 2023) — Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Capstone Insurance Services, LLC, an independent insurance agency that offers personalized programs to simplify...
As we face a potential banking crisis after the collapse of the Silicon Valley and Signature Banks, this seems like an opportune time to address the potential ramifications of a company’s inability to meet its payroll obligations. Missing payroll has multiple...
A new analysis examining 2023 Property Insurance renewals signals a continued hard market for property and casualty insurers and brokers. The Commercial Property Update, an amendment to Alera Group’s 2023 Property and Casualty Market Outlook, focuses solely on...
On February 21, 2023, the IRS released Final Rules amending the existing requirements related to mandatory e-filing of information returns, including Forms 1094-C and 1095-C, among others. The final rules are effective for all applicable returns due on or after...
Deerfield, IL (February 23, 2023) — Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of PEO Spectrum, an HR specialist that provides the country's first professional employer organization (PEO)...