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

DOL Issues Gag Clause Attestation Resources for 2024

DOL Issues Gag Clause Attestation Resources for 2024

May 24, 2024
On May 24, 2024, the U.S. Department of Labor (DOL) issued various resources to assist health plans and health insurance issuers in annually submitting their attestation of compliance with the Consolidated Appropriations Act’s (CAA) gag clause prohibition. These resources can be used to submit the next gag clause attestation, which is due by Dec. 31,…
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ESOP Interview Spotlight-Myleah Shrimpton

Myleah Shrimpton – ESOP Interview Spotlight!

May 18, 2024
What makes you excited about being in an ESOP? My excitement for the ESOP has grown throughout my years with the company. When I started, I was 26 years old, and the ESOP felt like this ethereal, far-off concept. I was grateful for it, but I did not understand the impact. Through time, especially when…
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IRS Announces Excepted Benefit HRA Limit for 2025

IRS Announces Excepted Benefit HRA Limit for 2025

May 18, 2024
The IRS has released the inflation-adjusted limit for excepted benefit health reimbursement arrangements (EBHRAs) for plan years beginning on or after Jan. 1, 2025. Effective for 2025 plan years, the maximum annual employer contribution for an EBHRA will increase to $2,150 (up from $2,100 for plan years beginning in 2024). Excepted Benefit HRAs An EBHRA…
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ESOP Interview Spotlight-Tina Hrdlicka

Tina Hrdlicka – ESOP Interview Spotlight!

May 12, 2024
How does being in an ESOP affect you, personally, in your workday?   Being a member of a company with an ESOP makes me always think of how I’m impacting the company as a whole. It’s always in the back of my mind. I try to bring my best self to work with a positive…
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Cyber Liability Cybersecurity Awareness Programs Benefits and ImplementationCyber Liability Cybersecurity Awareness Programs Benefits and Implementation

Cyber Liability: Cybersecurity Awareness Programs: Benefits and Implementation

May 12, 2024
Businesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant financial loss and lead to major reputational damage. Therefore, businesses need to take measures to mitigate cyber risk. Implementing a comprehensive cybersecurity awareness program is one of the most important strategies for recognizing and…
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ESOP Interview Spotlight-Cameron Black

Cameron Black – ESOP Interview Spotlight!

May 5, 2024
1. What do you like most about your role? I enjoy the opportunity to partner with my colleagues and clients to create solutions to issues that they may be facing. Working collaboratively to understand their goals and piecing together a plan to allow them to reach their goals is meaningful. 2. How do you think…
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ESOP Interview Spotlight-Carolyn OKelley

Carolyn O’Kelley – ESOP Interview Spotlight!

April 28, 2024
1. How do you think being in an ESOP can affect work culture? Work culture will happen no matter what so it’s always best for organizations to make an intentional effort to think about what they want their culture to reflect. Work culture directly influences how employees interact with not only customers or clients, but…
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Benefits and Risks of Rooftop Solar Panels for Commercial Properties

Benefits and Risks of Rooftop Solar Panels for Commercial Properties

April 24, 2024
Although solar panels can provide significant financial, environmental and reputational benefits, they can present various risks and be susceptible to damage from several sources. Therefore, as the popularity of solar panels increases, commerical property owners need to be aware of their benefits and disadvantages to make the best decision for their buildings. Solar Panels’ Benefits…
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ESOP Interview Spotlight-Margie Redmond

Margie Redmon – ESOP Interview Spotlight!

April 21, 2024
1. How does being in an ESOP affect your daily work? Knowing it is all a team effort. Knowing together we are better. I contribute to the success of the company. It gives accountability each day and a responsibility to the Company and my co-workers. 2. What is something you did not know about an…
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Joe Gaunt - ESOP Interview Spotlight

Joe Gaunt – ESOP Interview Spotlight

April 17, 2024
What does being vested in the ESOP mean to you? Are you fully vested? I am now a fully vested member of the ESOP. This is a significant milestone in my time with the company. It’s a great feeling to know that the effort that I have put in each day to earn my ownership…
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