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Insurance company reimagines office for hybrid work schedule

Aon employees returned to the East Grand Rapids office earlier this month for the first time since the start of the pandemic. EAST GRAND...

Micro-Captives and Mega Headaches: The US IRS Designates Micro-Captive Insurers as Listed Transactions | Perspectives & Events

On April 10, 2023, the Internal Revenue Service (“IRS”) issued proposed regulations further tightening the circle around micro-captive insurance transactions.1 The release of these proposed regulations appears...

Florida insurance regulators approve 1% ’emergency’ fee

Some insurance policyholders in Florida will see soon see higher bills later this year.The Florida Office of Insurance Regulation signed off on a request by the Florida Insurance Guaranty Association (FIGA) to collect a 1% "emergency assessment" on policies.The move, which was approved...

Florida insurance holders to face one percent rate hike due to emergency assessment

The Florida Insurance Guaranty Association (FIGA) approved of an emergency assessment on its members to raise funds for payment of covered claims linked to the liquidation of United Property & Casualty Insurance Company. The one percent hike will be imposed on all lines of...

What’s next as bill to lower medicine costs fails in the Senate

AUGUSTA, Ga. (WRDW/WAGT) - A failed Georgia bill would have forced the middleman, hired by insurance companies, to negotiate drug discounts and pass those savings to you.Small businesses are worried they will not be able to provide insurance to their employees if premiums...

Insurance villages in Charlotte, Lee counties until Wednesday

Insurance villages are coming to help homeowners still battling with insurance companies more than six months after Hurricane Ian devastated Southwest Florida. Some homeowners have been offered far less than what it will cost to live in their homes again. Starting Monday, you can meet...