Posts by: Capstone Brokerage
WASHINGTON — Congress’ official budget analysts have eased one stumbling block to lawmakers’ fight over renewing a program that provides health insurance for nearly 9 million low-income children.
The Congressional Budget Office says a Senate bill adding five years of financing to the program would cost $800 million. Previously, the analysts estimated it would cost $8.2 billion. Continue reading
The U.S. Department of Justice on Thursday issued a memo on federal marijuana enforcement policy, telling all U.S. attorneys to enforce the Controlled Substances Act, which classifies marijuana as an illegal drug. Continue reading
A federal appeals court has upheld a lower court ruling and held an insurer was entitled to rescind a directors and officers liability policy based on a “material misrepresentation” in its application form. Continue reading
After years of decreases, casualty insurance risks, including directors and officers liability and other specialty lines, generally saw flat renewals on Jan. 1, 2018, with the notable exception of commercial automobile risks where insurers obtained rate increases, experts say. Continue reading
More frequent and intense wildfires are making it harder for homeowners to find and keep insurance in California, a state regulator warned Thursday.
“The problem of insurance availability is going to expand” after last year’s record-breaking wildfires, California Insurance Commissioner Dave Jones said in an interview Thursday. He said growing rates of non-renewal and rate increases for people in wildfire zones are “entering a critical stage.” Continue reading
When Congress created the qualified small employer health reimbursement arrangement (QSEHRA) in December 2016, legislators were careful to set it up as an exception from the Affordable Care Act. Rather than a group health plan, the QSEHRA is an “excepted benefit”—a way to offer health benefits without being subject to group plan rules. Continue reading
WASHINGTON — Striving to fulfill a campaign promise, the Trump administration on Thursday proposed regulations to facilitate the interstate sale of health insurance policies that cost less but may not cover as much. Continue reading
The opportunity to offer personalized health benefits is growing. Over the years, new tax-free vehicles have emerged, and small businesses now have multiple ways to increase employees’ benefits.
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