In a recent Business Insurance article, Rising CEO Jason Beans weighs in on how CMS’ new #MSA reporting requirement and penalties will impact the #workcomp industry. Effective April 2025, all MSAs must be reported regardless of settlement amount, eliminating the current $25k threshold. Fines of up to $365k for noncompliance could be assessed. Read the full article here → https://hubs.la/Q02Cg0Mf0. To learn how Rising’s Section 111 reporting solution achieves timely compliance with CMS requirements, visit https://hubs.la/Q02Cgflr0 #MedicareSecondaryPayer #Section111 Jason B.
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The Financial Conduct Authority has issued a discussion paper DP24/1 initiating a comprehensive review of the regulation of commercial and bespoke insurance businesses. The DP's main goal is to get feedback on whether the FCA's current rules properly balance customer protection and the competitiveness of the commercial non-investment general insurance market. Responses are due by 16 September, so time is limited for firms to provide input. Find out more: https://lnkd.in/edxSjMAp Contact Sarah Brook, Pippa Tasker or FIONA CASSIDY if you have any questions. #CMSlaw #FCA #insurance #commercial #consumerprotection #competition
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Interesting to see that the FCA are considering changes like this.
The Financial Conduct Authority has issued a discussion paper DP24/1 initiating a comprehensive review of the regulation of commercial and bespoke insurance businesses. The DP's main goal is to get feedback on whether the FCA's current rules properly balance customer protection and the competitiveness of the commercial non-investment general insurance market. Responses are due by 16 September, so time is limited for firms to provide input. Find out more: https://lnkd.in/edxSjMAp Contact Sarah Brook, Pippa Tasker or FIONA CASSIDY if you have any questions. #CMSlaw #FCA #insurance #commercial #consumerprotection #competition
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Here are THIS WEEK'S HEADLINES for April 22, 2024 : · Elder Financial Exploitation: FinCEN Reports Over 150,000 SAR Filings · KFF Study Reveals Medicaid Unwinding Leaves Many Uninsured · SEC Releases Initial Observations on Compliance With Advisers Act Marketing Rules · Your Guide to Insurance Regulations, Bulletins, and Legislation · See DOL Resource Center for updates · Stay up to date with industry events #insurancecompliance #insurancecomplianceinsight #insuranceinsights #insurance #compliance #compliancenews #compliancenewsletter #insuranceregulation #insurancebulletins #insurancelegislation #fincen #fincenalert #employeeretention #employeeretentioncredit #employeeretentioncreditfraud #sars Subscribe today or request a FREE 3-week trial from our Contact Us page.
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Check out what insurance and risk insights content our clients and prospects found most interesting in November. For small businesses - “Keep your Business Safe: Reducing Fire Risk this Summer” For large corporate businesses - “D&O Insurance Market Trends and Insights, H2 2023 Report" Find these articles and more at our News & Insights page at https://bit.ly/47YW8WP #Gallagher #InsuranceAUS #InsuranceInsights #InsuranceNews
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This webinar will present an overview of the requirements imposed on plan sponsors under COBRA and address common issues employers may face when fulfilling their obligations under the statute. https://bit.ly/4cw6Q9X #insurance #COBRA #webinaralert #compliance
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The Gallagher Business Insurance Market Conditions and Risk Dynamics H2 2023 report is here, bringing you expert insights insurance market conditions affecting Australian mid to large sized businesses. Read our latest trends and stay informed. 📈 Learn more: https://bit.ly/3t3345w #Gallagher #InsuranceAUS #InsuranceInsights #RiskManagement
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The Gallagher Business Insurance Market Conditions and Risk Dynamics H2 2023 report is here, bringing you expert insights insurance market conditions affecting Australian mid to large sized businesses. Read our latest trends and stay informed. 📈 Learn more: https://bit.ly/3t3345w #Gallagher #InsuranceAUS #InsuranceInsights #RiskManagement
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Our challenge was significant: How to fix an insurance company paperwork snafu that was sure to cost our client more than $120,000 immediately and untold thousands of dollars more down the line. Correcting mistakes before they hurt your bottom line is, in fact, something we do regularly. Our fine-tooth-comb reviews of claims opened and closed in the past year help our clients do just that. You can read about it in this 2-minute Case Study. #riskmanagment #workerscompensation #businessinsurance
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Two minute case study: Getting your Experience Modifcation (EMOD) factor right. Correcting mistakes before they hurt your bottom line is something we do regularly. Our fine-tooth-comb reviews of claims opened and closed in the past year help our clients do just that. #riskmangement
Our challenge was significant: How to fix an insurance company paperwork snafu that was sure to cost our client more than $120,000 immediately and untold thousands of dollars more down the line. Correcting mistakes before they hurt your bottom line is, in fact, something we do regularly. Our fine-tooth-comb reviews of claims opened and closed in the past year help our clients do just that. You can read about it in this 2-minute Case Study. #riskmanagment #workerscompensation #businessinsurance
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🤯 Are Certificates of Insurance a necessary evil for your business? Unravel the COI paradox with insights on challenges and effective solutions. #RiskManagement #COI #BusinessTips https://hubs.li/Q02l62pv0
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