Insurance

Medicare will seek about $4.7 billion over 10 years in clawback payments from private insurers that manage its programs under a long-awaited audit rule, a blow to the industry that sets up a likely court fight.

Noble Consulting Services added 13 staff from the insurance regulatory practice of Eide Bailly.

Regularly revisiting a client's planning documents offers a new perspective for an array of planning issues.

Backlog remaining; changes from Election Day; no new clients; and other highlights from our favorite tax bloggers.

Time to review your policies, update your engagement letters and prepare for lawsuits.

Benefits will be going up the most in 40 years as part of the annual cost of living adjustment in response to inflation.

Accounting Today's annual listing of the leading policies and providers of professional insurance for accountants.

This handful of questions from Candace Coach of Aon will help firms figure out what they're protecting, and how.

In a hard market, accountants need to protect themselves.

Claims against accountants are rising in the face of new challenges.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

Senate Democrats have reached a deal to extend the solvency of Medicare by closing a tax loophole frequently used by law firms and other partnerships.

President Biden signed an executive order to strengthen the ACA, in part by closing a loophole that prevents millions of Americans from accessing subsidies.

Don’t get stuck doing ‘a quick review’ or checking what clients have already bought.

With the market for these policies hardening, accounting firms need to be proactive to get covered.

These policies create an excellent source for the payment of estate and other transfer taxes, as well as the augmentation of family income and wealth after the death of the senior generation.

Liability risks always multiply in the run-up to April 15; this year is even worse.

Accountants’ responses to the pandemic have, in many ways, opened them up to new liability risks in 2022.

Amid the pandemic, staying informed about life insurance strategies with trusts and estates is critical.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.