Anchor Insurance Agencies

HDHP Enrollment Fell Below 50% in 2023 Enrollment in high deductible health plans (HDHPs) fell in plan year 2023, marking the second consecutive year of decline. The ValuePenguin study findings show that 49.7% of private-sector employees were enrolled in HDHPs in 2023, down from 53.6% in 2022. ValuePenguin reported enrollment reached its highest at 55.7% […]

As a religious organization, there are services you provide to members that can open you up to significant risk. These risks are related to abuse allegations, ministerial counseling, premise liabilities, vehicle accidents, and privacy and employment issues, among others. As a result, risk management is critical for religious organizations, and the following safeguards can help […]

Life sometimes throws you a curveball. You might sprain an ankle playing soccer, need surgery, or experience a difficult pregnancy. These situations can temporarily prevent you from working and earning an income. That’s where short-term disability insurance comes in. It acts as a financial safety net, providing income replacement while you recover and get back […]

ERISA Fiduciary Breach Claims Dismissed in Prescription Drug Lawsuit On Jan. 24, 2025, a U.S. District Court for the District of New Jersey dismissed two claims in a class-action lawsuit filed against Johnson & Johnson (J&J), which alleged that the company breached its fiduciary duties under ERISA by mismanaging its prescription drug benefits plan and […]

Financial stress is a silent epidemic plaguing workplaces everywhere. It impacts employees at all levels, leading to decreased productivity, lower morale, and increased absenteeism. But there’s good news: employers hold the key to building a financially healthy workforce. Stress and Financial Well-Being Cultivating your employees’ financial well-being is a necessity in creating a productive and […]

Steps for running a safe foreign mission trip Preparing for foreign travel can be a daunting task, and it may be even more overwhelming to plan a trip for a large group as part of a religious or nonprofit organization. Get Prepared Use these tips to make sure you have all your bases covered in […]

At the close of 2024, Congress passed two new pieces of legislation: the Paperwork Burden Reduction Act and the Employer Reporting Improvement Act. These laws simplify the Affordable Care Act (ACA) reporting requirements for employers and introduce new limits on the IRS’s authority to enforce “pay-or-play” penalties, among other changes. Under the ACA, applicable large […]

Did you know that your oral health can have a significant impact on your overall health? It’s true! Your mouth offers clues about your general well-being. Good dental hygiene can help improve your overall health. As a bonus, maintaining good oral health can even REDUCE your healthcare costs! Your Mouth: A Window to Your Health […]

February is American Heart Month, a time to raise awareness about cardiovascular health and how to keep your heart in top condition. Are you taking steps to protect your heart? You can actively reduce your risk for heart disease by adopting a healthy diet, staying physically active, and managing your cholesterol and blood pressure. Heart […]

Allowing individuals to inhabit your property exposes you to several liabilities, many of which vary in severity depending on state and local laws. Consider the following, and work with ChurchInsure to develop an appropriate risk management plan. Habitability In many cases, and especially if you are receiving public funding, you are responsible for maintaining certain […]