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Senior Care Insurance Market Update

… carriers will offer $10 million limits on excess layers, though $5 million per carrier is the average limit in an excess program. However, with many markets emerging, it has become easier to fill up a tower at competitive rates. Retentions Shifting Higher Small, single-location facilities in favorable venues may still have first-dollar coverage; however, larger deductibles and self-insured retentions up to $500k each occurrence are standard for the larger operators who wish to take on more risk and premium savings. Some markets can offer inner aggregate risk corridors to offset premium increases. The most sophisticated operators …

https://www.epicbrokers.com/insights/senior-care-insurance-market-update/

Private Client Sales Inquiry

Thank you for your interest! We’d love to help you become EPIC. The more detail you can share, the faster we can connect you to an appropriate member of our dedicated Private Client insurance sales team. “*” indicates required fields First Name* Last Name* Email* Phone*Your City* Your State*StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces PacificArea of Interest* Homeowners Auto Flood Personal Liability Watercraft Other Other* Vessel Information*Vessel ModelVessel ValueVessel AgeVessel Location Add RemoveProperty Address* Street Address Address Line 2 City State / Province / Region ZIP / Postal …

https://www.epicbrokers.com/private-client-sales-inquiry/

EPIC Continues Expansion, Invests in Jersey City Office

… offices across the country and just launched our Jersey City office as EPIC continues to expand throughout the United States,” said Kenneth Hegel, Managing Principal/EVP Middle Market & Specialty Programs Practice Leader, “This stunning new office is designed to meet the needs of today’s diverse workforce, with a central location near Manhattan, amazing views and enticing amenities for employees.” EPIC offers a wide range of insurance solutions, including Property and Casualty, Employee Benefits, and Specialty Programs. They have extensive expertise in Cyber Practice, Entertainment and Virtual World Spaces. The new location has specialties in serving Cosmetic Surgery and Psycho …

https://www.epicbrokers.com/insights/epic-continues-expansion-invests-in-jersey-city-office/

Compliance Alert: Machine-Readable TiC File Requirement Is Looming

… or issuer and in-network providers. Historical payments to, and billed charges from, out-of-network (OON) providers. For privacy purposes, historical payments must have a minimum of twenty entries. Detailed network negotiated rates and historical net prices for all covered prescription drugs by plan or issuer at the pharmacy location level. The MRF requirement was originally effective on January 1, 2022, but the August FAQ guidance delayed the date for the in-network and out-of-network data to be provided until July 1, 2022, and delayed data for prescription drugs indefinitely pending additional guidance. Content to Disclose Starting …

https://www.epicbrokers.com/insights/compliance-alert-tic-file-requirement/

EPIC Invests in Atlanta as Southeast Regional Hub

New Perimeter Center Office to Accommodate Growth EPIC has invested in Atlanta as a Southeast regional hub. Centrally located at 5909 Peachtree Dunwoody Road, Suite 800, Atlanta, GA 30328 in Palisades, the new 14,400-sq. ft. office will accommodate the company’s accelerated growth and resource expansion plans. “We launched this new office design to meet the needs of today’s workforce with a central location, amenities for employees and multiple work styles in mind,” says Adam Meyerowitz, President, Southeast & Midwest Region for EPIC Insurance. EPIC Palisades features an open, fluid concept with both collaborative shared workspaces and private …

https://www.epicbrokers.com/insights/atlanta-southeast-regional-hub/

Risk & Insurance Magazine Recognized Five of our Incredible Brokers

… that helps present his clients’ companies both favorably and in a timely fashion. Gary Lavery, Manufacturing Lavery is known for providing strong client communication and education. He has a commanding knowledge of the policies and is able to educate clients as needed. He also takes the time to explain the details and knows the new laws and regulations important to the manufacturing industry. Tony Lorber, Real Estate Lorber worked with a client with many properties in an area hit hard by extreme weather to create a modeling tool that isolates various hellscapes (fire, flood, earthquakes, hurricanes) at the micro-location

https://www.epicbrokers.com/insights/risk-insurance-magazine-recognized-five-of-our-incredible-brokers/

Ukraine Russia Situation Updates

The terrifying situation in Ukraine has been on my mind and in the thoughts of our collective team. Our mission remains the same – to support our clients and their employees no matter where they are in the world, no matter the situation. In times of crisis, we look to the many services available through our team and our vendor partners to help people in their time of need. Viewpoints from Matt Marmorek We encourage all employers to closely watch the situation on the ground and monitor the location of any employees who are assigned to or working in the affected …

https://www.epicbrokers.com/insights/ukraine-russia-situation-updates/

Battle Lines Are Being Drawn on the No Surprises Act

… information to the portal, including the initiating party’s selected independent dispute resolution entity (IDRE) and conflict-of-interest attestation, information about the furnished medical items and services (including dates, location and additional details), along with the qualifying payment amount (QPA) for the furnished items and services. A list of certified dispute resolvers is available and costs range from $299 to $670 for each submission, although it is still unclear how these fees will be paid or by whom. The No Surprises Act is on a pendulum. I believe that this law is a step in the right direction …

https://www.epicbrokers.com/insights/viewpoints-no-surprises-act/