Tuesday, November 15, 2022
Ketamine is a phencyclidine analog that has been used as an anesthetic agent for children and adults for more than 30 years. However, it was not until the 2000s that medical professionals noticed its therapeutic benefits in reducing depression and suicidality.
Thursday, November 10, 2022
A new addition or renovation can increase your residence’s value and enjoyment of your home. However, considering that homes under construction have increased exposures to loss, insurance is an essential component that should be addressed early – before work begins.
Thursday, October 20, 2022
Given the recent change in demand forces impacting urban/suburban real estate, mixed use projects have become popular once again due to their ability to improve tenant experience through walkability between housing, workplaces
and other amenities.
Thursday, October 20, 2022
In Revenue Procedure 2022-38, the IRS sets forth a variety of 2023 adjusted tax limits. Among other things, the notice indicates that employee contribution limits toward health flexible spending arrangements (FSAs) and qualified transportation fringe benefits will increase for 2023.
Tuesday, October 18, 2022
As the maritime industry continues to face staffing challenges, having robust and affordable USL&H coverage in place will help ease the burden if an injury occurs to employees who are not considered Jones Act seamen but may become injured in the course of maritime employment over or adjacent to navigable waters.
Tuesday, October 18, 2022
The IRS has issued final regulations that change the way employer-sponsored plan affordability is calculated when determining if a family is eligible for a premium tax credit (PTC) when purchasing individual health insurance through a public Exchange.
Wednesday, October 5, 2022
Paid Leave Oregon rolls out in January 2023, providing employees with up to 12 paid weeks of leave for family, medical, and safe leave. Employers must either contribute to the new Paid Leave Oregon program or offer their employees comparable paid leave benefits.
Monday, September 26, 2022
Employers sponsoring a fully-insured group health plan may soon be getting a check from their insurer. This check is a medical loss ratio (MLR) rebate that insurers are required to distribute to their plans when too large of a portion of the premiums charged in the previous year go toward the insurer’s administration, marketing, and profit, rather than going toward paying claims and quality improvement initiatives.
Monday, September 26, 2022
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.
Wednesday, August 31, 2022
Even though the commercial insurance industry has grown over the past few years and revenues have been increasing, the market has slightly slowed down because of the COVID-19 pandemic. This was mainly due to the severe economic downturn that forced many businesses to close temporarily or permanently.
Thursday, August 25, 2022
Builder’s risk insurance is a special type of property coverage that indemnifies against damage to buildings while under construction. Typically, the project owner or general contractor requires that these policies be purchased according to the master contract, such as the American Institute of Architects’ form.
Tuesday, August 16, 2022
Water damage: two words no business owner wants to hear. Many business owners and property managers’ greatest concerns stem from fire damage, but water can be just as catastrophic. While fire losses continue to top the severity charts, water damage has climbed the ranks the past few years in both frequency and severity.