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President Gerald R. Ford, the only U.S. president from Michigan, signed the Employee Retirement Income Security Act (ERISA) into law on Labor Day in 1974. Just five years later, BeneSys was born. We want to take this opportunity to thank you all for the trust you’ve placed in the BeneSys team over the past 45 years.
06/27/2022
Marc Gnesin is an expert in workers’ compensation. After working on the defense side of workers compensation claims for 18 years, Gnesin saw an opportunity to address what he recognized were the downfalls of traditional state systems. Now vice president at insurance broker NFP, Gnesin is a passionate advocate for worker-centric Alternative Dispute Resolution programs (ADR).
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A clear desk policy requires employees to keep their workstations free of sensitive documents and information when not in use, including passwords.
A new law went into effect at the end of 2021 that will require brokers who provide insurance brokerage services to ERISA-covered group health plans to make advance disclosures of commissions they earn to their ERISA-group health plan customers. The new law applies only to “brokers” and “consultants” to ERISA-covered group health plans. Although the new law applies only to brokers and consultants to ERISA-group health plans, it is very similar to disclosure rules already in effect for insurance brokers who provide services to ERISA-covered retirement plans.
