Like the private sector, the public sector continues to grapple with fiscal budgets. According to the City Fiscal Conditions 2015 Report (published by the National League of Cities), city budgets are in a better position than the past year. However, the capacity of city budgets remains weakened coming out of the Great Recession. The evidence […]
The business world grows smaller every day. Digital advancements have made it easier to do business globally without ever stepping foot on another continent but, in some cases, you’re better served by setting up an international office in a country where your business is growing. With foreign offices come many challenges and one of these […]
Listen to this and a number of other hot employee benefits topics in the second installment of RadioFreeEB!RadioFreeEB is a short, free, weekly podcast sponsored by ABD. The program provides 20 minutes of updates, commentary, and opinions on the week in employee benefits. To listen to Episode 2: https://www.spreaker.com/user/brian.gilmore/radiofreeeb-episode-2 To subscribe via RSS (iTunes or other podcasting app): https://www.spreaker.com/show/1555548/episodes/feed […]
Traditional approaches often yield traditional results. That’s why ABD was excited to introduce our new model for addressing the escalating cost of workers’ compensation claims. On October 21st, we hosted “Part I: Prevention and Risk Readiness”, the first segment of our integrated workers’ compensation and wellness seminar series. Approximately seventy percent of the cost of […]
Listen to this and a number of other hot employee benefits topics in the first installment of RadioFreeEB! RadioFreeEB is a short, free, weekly podcast sponsored by ABD. The program provides 20 minutes of updates, commentary, and opinions on the week in employee benefits. To listen to Episode 1: https://www.spreaker.com/user/brian.gilmore/radiofreeeb-episode-1 To subscribe via RSS (iTunes or other podcasting app): https://www.spreaker.com/show/1555548/episodes/feed On October […]
If you are an office manager handling the benefits for a startup, it can be challenging to know if you’re making the right decisions. Since employee benefits are typically one of a company’s largest operating expenses, it’s critical that you understand your options and make the right decisions. In part two of our Office Manager […]
On October 21, 2015, the IRS released Revenue Procedure 2015-53 which details 2016 annual inflation adjustments for more than 50 tax provisions. The IRS has a helpful bullet-point summary of the changes posted on its website. Below is our summary of employee benefits-related changes. Qualified Parking Limit Increases $5 to $255 For the 2016 tax year, qualified parking increases […]
If you are a property owner or developer starting a residential or commercial building project, you have a wide array of insurance coverage options to choose from. One of the most effective options that you should consider is a wrap insurance policy. A wrap is an insurance product that covers the owner, general contractor, and […]
Private wealth clients have complex insurance needs and one of the policies we most recommend is umbrella coverage. This excess liability coverage protects your assets in a variety of scenarios. If you have an umbrella policy in place, it’s critical that it meets your current needs – you may have outgrown it if you’ve had […]
Fall is in air, and for employers with self-insured medical plans this means calculating and preparing to file the transitional reinsurance program (“TRP”) fee by the November 16, 2015 due date. What is the Transitional Reinsurance Program Fee? This TRP fee is essentially a tax on health plans designed to stabilize premiums in the individual […]
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