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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

Senate Passes the Inflation Reduction Act

Senate Passes the Inflation Reduction Act

August 9, 2022
The U.S. Senate recently passed the Inflation Reduction Act, which includes provisions aimed at addressing climate change, reducing the high costs of prescription drugs and lowering the deficit by approximately $300 billion. The $750 billion spending bill passed through the budget reconciliation process, meaning all 50 Democrats and one tie-breaker vote from Vice President Kamala…
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Biden Administration Launches Website for Extreme Heat Hazards

Biden Administration Launches Website for Extreme Heat Hazards

August 2, 2022
On July 26, the Biden administration launched Heat.gov—a new website through the National Integrated Heat Health Information System web portal—to provide the public and decision-makers with information to understand and reduce health risks related to extreme heat. This one-stop hub contains clear, timely and science-based data to “equip local officials and the public with robust…
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Amazon to Buy Primary Health Care Provider for $3.9 Billion

Amazon to Buy Primary Health Care Provider for $3.9 Billion

July 25, 2022
On Thursday, July 21, Amazon reached a deal to acquire One Medical, a network of boutique primary care clinics, for $3.9 billion. This is another substantial step in the e-commerce giant’s plans to become a player in the health care industry. Through this deal, Amazon hopes to improve how people book appointments and enhance the…
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Early Preparation Is Crucial for 2023 Open Enrollment

Early Preparation Is Crucial for 2023 Open Enrollment

July 20, 2022
The job market is still dealing with the aftereffects of the COVID-19 pandemic. Workers are taking stock of their circumstances and considering which employment perks matter the most. Specifically, employees are increasingly more concerned about their physical and mental health, financial security and work-life balance than before the pandemic. Many employers have responded by enhancing…
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What’s Up with WhatsApp Scams

SCAM OF THE WEEK:What’s Up with WhatsApp Scams?

July 14, 2022
WhatsApp is an application that allows you to message and call your friends and family worldwide. However, due to a new scam, the next WhatsApp message you receive may come from a cybercriminal instead of a trusted contact. To start the scam, a cybercriminal will send you innocent WhatsApp messages to earn your trust. After…
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Website Accessibility Lawsuits on the Rise

Website Accessibility Lawsuits on the Rise

July 11, 2022
Website accessibility laws have evolved over the past decade, inundating courts with lawsuits filed by individuals with disabilities—typically those with sight or hearing impairments—claiming that businesses’ websites are not accessible to them. While Title III of the Americans with Disabilities Act does not mention websites or mobile apps, many lawsuits are based on the requirement…
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Proposed Overtime Rule Expected in October 2022

Proposed Overtime Rule Expected in October 2022

July 9, 2022
In its recent spring regulatory agenda, the U.S. Department of Labor (DOL) announced its plans to issue a proposed overtime rule in October 2022. According to the agency’s regulatory agenda, this proposed rule is expected to address how to implement the exemption of executive, administrative and professional employees from the Fair Labor Standards Act’s (FLSA)…
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Cyber Hygiene Best Practices

Cyber Hygiene Best Practices [Infographic]

July 6, 2022
As cyberattacks become more frequent and severe, it’s increasingly important for organizations to practice good cyber hygiene—habitual practices ensuring critical data and connected devices are handled safely—to minimize their exposure to risk. Some consequences of poor cyber hygiene include: Security breachesData lossSoftware vulnerabilitiesAntivirus weaknesses The following are essential parts of cyber hygiene: Passwords—Users should create…
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Employers See Increasing Numbers of Lawsuits Over Deficient COBRA Notices

Employers See Increasing Numbers of Lawsuits Over Deficient COBRA Notices

July 5, 2022
Employers are seeing an increase in lawsuits from former employees alleging deficient Consolidated Omnibus Budget Reconciliation Act (COBRA) election notices, with statutory penalties of up $110 per person per day. These lawsuits are generally class actions and can result in significant attorneys’ fee awards for successful ex-employees. The fact employers are struggling to comply with…
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7 Tips for Keeping Young Employees Safe

7 Tips for Keeping Young Employees Safe

June 23, 2022
The U.S. Department of Labor (DOL) recently reminded employers hiring youth-aged workers to review workplace practices and comply with federal child labor laws to ensure these hires have a safe and beneficial experience. In 2021, the DOL indicated workplace injuries and illnesses among youth-aged employees—those who are under 18 years old—have been rising since 2017.…
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