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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

Management Liability Focus - Corporate Recordkeeping Best Practices

Corporate Recordkeeping Best Practices

May 3, 2025
As corporate leaders, a company’s directors and officers have a range of responsibilities, many of which center around ensuring operational success, fostering a strong organizational culture, and complying with applicable federal and state laws. One of the most essential responsibilities these leaders have is keeping detailed and accurate corporate records. Such records encompass various types…
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Navigating Cybersecurity Challenges in the Education Sector

Navigating Cybersecurity Challenges in the Education Sector

April 27, 2025
Educational institutions, including K-12 schools and universities, are frequent targets of cybercriminals. These organizations often possess vast stores of sensitive data, operate with limited cybersecurity resources and rely on outdated infrastructure. As a result, cyberattacks in this sector have led to significant financial, operational and reputational damage. Given these risks, leaders at these institutions should…
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Supreme Court Ruling May Lead to More Fiduciary Lawsuits under ERISA

Supreme Court Ruling May Lead to More Fiduciary Lawsuits under ERISA

April 19, 2025
On April 17, 2025, the U.S. Supreme Court ruled that a group of employees may challenge their employer’s fee arrangement with a retirement plan service provider under the Employee Retirement Income Security Act (ERISA). In its unanimous decision, the Supreme Court took an employee-friendly view of statutory text and simplified the requirements for alleging a…
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Engaging Generation Z in the Workplace

Engaging Generation Z in the Workplace

April 13, 2025
Generation Z (Gen Z) accounts for a growing percentage of the global workforce. In the second quarter of 2024, this group comprised 18% of the U.S. labor force, and this rate will only continue to grow. These individuals, born between 1997 and 2012, range from 13 to 28 years old, making up nearly all of…
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Robin Talty – ESOP Interview Spotlight

April 5, 2025
1. Since you have been in an ESOP for a while now, what would you tell new ESOP employees? Don’t get discouraged while waiting for your first ESOP Statement.  I waited almost 2 years before seeing the value of my ESOP shares (I was hired in August) but once I saw the number of shares…
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Staying Educated on Mental Health Benefits

Staying Educated on Mental Health Benefits

March 29, 2025
Mental health benefits are valuable resources that many employers offer. These resources can help you manage stress, anxiety and other mental health concerns. However, 1 in 4 employees are unaware whether their organization offers mental health benefits. This means that you may not be fully aware of what mental health benefits are included in your…
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Rachel Rumker - ESOP Interview Spotlight

Rachel Rumker – ESOP Interview Spotlight!

March 9, 2025
1. What do you like most about your role? I really enjoy helping people in general, and in Claims, that can be in many different ways. Nothing makes me happier than to help resolve a troublesome claim for a client, or to be a listening ear for a frustrating situation. Knowing I am building report…
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Tammy Johnson - ESOP Interview Spotlight

Tammy Johnson – ESOP Interview Spotlight!

March 6, 2025
1. What do you like most about your role? I enjoy being involved in so many different areas including employee engagement and recognition, client relationships and education, and assisting with new connections for our organization. 2. How do you think being in an ESOP affects work culture? We just had a powerful 3rd quarter all…
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IRS Issues ACA Reporting Guidance on Providing Statements Upon Request

IRS Issues ACA Reporting Guidance on Providing Statements Upon Request

March 2, 2025
The IRS has issued Notice 2025-15 providing guidance on the alternative manner of furnishing statements to covered individuals and full-time employees, using Forms 1095-B and 1095-C, in accordance with the Affordable Care Act’s (ACA) reporting requirements. Background The Paperwork Burden Reduction Act, enacted at the end of 2024 and applicable to 2025 reporting deadlines, provides…
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Nan Bess - ESOP Interview Spotlight

Nan Bess – ESOP Interview Spotlight!

February 27, 2025
1. What do you like most about your role?   Ultimately, helping people. Whether it’s at the employer or employee level, our goal is to make the group benefits process as easy to understand and navigate as possible. 2. How do you think being in an ESOP affects work culture? The culture here is one…
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