What to Do After a Hit-and-Run Accident

| posted in Blog

Most of the time, if you’ve been in a collision, the other party stays put so that you can exchange insurance information and wait for police or emergency services if there is a dispute or injury. But on occasion, the other driver flees the scene, leaving you likely frazzled and scrambling. If you carry uninsured driver’s coverage, the costs will be covered by your insurer. However, there things you should and shouldn’t do if you’ve been involved in a hit-and-run accident. Whatever you do, do not follow or chase the fleeing driver. If you also leave the scene, you may…
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This New Year Resolve to Review Your Insurance

| posted in Blog, Newsletter

While you may have made some good New Year’s resolutions, to make sure that you are not leaving anything to chance you should also revisit your insurance policies. You may have acquired new property, upgraded your home or bought new stuff for your house and, considering the increasing risks of natural catastrophes, you may now have more risk than you’re aware of. By taking a little time, you can ensure you’re adequately protected and that you won’t have any unpleasant surprises if you have to file an insurance claim. We recommend you do the following: Talk to us Call us…
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New Summary of Benefits and Coverage Template Must Be Used Now

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There is a new Summary of Benefits and Coverage template that health plans will be required to use during open enrollment for the 2018 plan year. The new templates were introduced in 2016 and took effect for plan year or open enrollment periods beginning on or after April 1, 2017. The new template is the first major revision of the SBC template since 2012, the first year that health plans were required to use them as required by the Affordable Care Act. The new template has a number of changes that you should know about: There is a new row…
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With Health Insurance Laws in Flux, Flexible Spending Accounts Can Save Your Workers Money

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The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement for next year. If you don’t offer a flexible spending account (FSA) for your employees, you should consider starting one as they allow them to use tax-free dollars to pay medical expenses not covered by their health plan, including deductibles, copays and any pharmaceuticals. Now that the year is winding down, even if your employees were using an FSA this year, they must decide again how much they want to set aside pre-tax…
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Save Your Home from a Termite Invasion

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Regardless of where you live in the US, there is a constant threat of termites or wood-boring beetles infiltrating your home. Termites account for about $1 billion a year in damage to American homes and now that an invasive species from Asia has made it to North American shores, the threat is larger than ever. A typical termite colony can eat through 2.3 linear feet of 2×4 pine in a single year. It may not seem like much, but they will often spread to more woodwork and if they start munching on a supporting beam, the entire house structure is…
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Metal Spectrum Plans Expected to Become the Norm

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One of the positive aspects of the Affordable Care Act is that it gives employers the chance to offer a wide range of plans that let workers pick the coverage that’s right for them. You can do this by offering “metallic spectrum plans,” each of which has different values and costs. Bronze, silver, gold and platinum plans are a way of serving a wide range of employee needs, budgets and concerns and reducing the potential of your healthiest employees buying more insurance than they may actually need. While these plans are staples in the public exchanges, they are also available…
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