Legal Alert: IRS Releases PCORI Fee For Plan Years Ending Before October 1, 2023

November 18, 2022
The IRS has released Notice 2022-59, which sets the applicable PCORI fee for plan years ending between October 1, 2022, and September 30, 2023, at $3.00 per covered life. As a reminder, the PCORI was established as part of the Affordable Care Act (ACA) to conduct research to evaluate the... Find out more »

Alera Group Acquires New Jersey-Based Property and Casualty Business

November 15, 2022
Alera Group, a national insurance and financial services firm, today announced the acquisition of a property and casualty insurance business from George Gravenstine. Gravenstine will join Alera Group through local office Heist Insurance Agency. With more than 35 years of commercial insurance... Find out more »

ELMC Rx Consulting Joins Alera Group in Latest Acquisition

November 10, 2022
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of ELMC Rx Consulting from ELMC Rx Solutions, LLC.  ELMC Rx Consulting is a premier organization built to deliver innovative, high-performance pharmacy plans for employers. “At... Find out more »

Alera Group Wealth Services Acquires Benson Blackburn

November 2, 2022
Alera Group Wealth Services, a division of Alera Group, a top independent, national insurance and wealth services firm, today announced the acquisition of Benson Blackburn, a Naples, Florida-based specialized insurance consultancy with a focus on ultra-affluent families and... Find out more »

Legal Alert: IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2023

October 20, 2022
On October 18, 2022, the Internal Revenue Service (IRS) released Revenue Procedure 2022-38, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,050 for plan years beginning in 2023, an increase of $200 from 2022.  Thus, for health FSAs with a... Find out more »

Alera Group Acquires Murray Insurance Agency, Boosting Health Insurance Services

October 19, 2022
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Murray Insurance Agency, a health insurance company serving Florida.   “At Murray Insurance Agency, our primary goal is to find affordable solutions for all our... Find out more »

Alera Group Strengthens Personal Income Protection Solutions with Acquisition of NPC Benefits

October 18, 2022
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of NPC Benefits, a specialty insurance consulting firm providing personal income and wealth protection plans to employees, associations, executives and professionals. Based in Atlanta,... Find out more »

IRS Releases Final Rule to Fix ACA’s Family ‘Glitch’

October 17, 2022
On October 13, 2022, the IRS finalized regulations (the “Final Rule”) intended to revise the method of determining affordability under the Affordable Care Act (ACA) for an employee’s family members by considering whether the coverage offered by the employer to the employee and... Find out more »

Alera Group Acquires Haylor, Freyer & Coon, Inc.

Alera Group, a top independent national insurance and wealth services firm, announced today the acquisition of Haylor, Freyer & Coon, Inc., a top 100 independently owned insurance agency providing insurance and risk management solutions. “At Haylor, Freyer & Coon our reputation has... Find out more »

Alera Group Bolsters Employee Benefits Services with jweinland Group Benefits

September 13, 2022
Alera Group, a top independent national insurance and wealth services firm, announced today the acquisition of jweinland Group Benefits, a full-service employee benefits firm specializing in the highest quality group benefits and self-funded insurance plans. “Our large and mid-market clients... Find out more »