Property and casualty coverage looks different today than this time last year. In the second annual issue of our P&C Looking Ahead Guide, we'll provide the timely information you need to stay atop industry updates and trends as we move into 2019.
Woodruff Sawyer has established this Coronavirus resource page to provide guidance and answer your pressing questions, such as how to prepare or respond to the associated business risks, and whether insurance coverage may respond.
The Families First Coronavirus Response Act (FFCRA) was signed into law on March 18th. Read more to learn more about the outcomes of this act, including mandated free testing, emergency FMLA, Emergency paid sick leave, tax credits, and what employers should expect next.
On January 31, 2020 the Centers for Medicare & Medicaid Services (CMS) announced a one-year extension to the transition policy (originally announced November 14, 2013 and extended six times since) for individual and small group health plans that allows issuers to continue policies that do not meet ACA standards. In this alert you'll learn about the background of this extension, the transition relief policy for "grandmothered" plans, and the on-year extension.
The House and Senate has agreed to a bipartisan legislative package of spending bills to avoid a government shutdown. This package of bills is collectively referred to as the Further Consolidated Appropriations Act, 2020 (the "Act").
The Internal Revenue Service (IRS) has released Notice 2019-63, which extends the deadline for furnishing 2019 Forms 1095-B and 1095-C to individuals from January 31, 2020 to March 2, 2020. In this compliance alert, you'll receive details on the new timeline and the new good-faith penalty relief policies for employers.
The IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report certain information to full-time employees and the Internal Revenue Service (IRS). In this compliance alert, you'll receive background information on added sections to the Affordable Care Act as well as a more in-depth explanation of reporting under these new draft forms.
In this M&A Trend Report, we discuss in depth what we're seeing in terms of market rates and claims, the types of products being used/introduced to combat M&A risks, and what to expect moving forward into 2020.