USI Insurance Services Acquires GFI Insurance Brokerage

USI Strengthens Commercial, Employee Benefit and Personal Risk Presence in Northeast Region USI announced earlier this week the acquisition of New York-based GFI Insurance Brokerage. For more than 15 years, GFI Insurance has been delivering commercial property and casualty, employee benefit and personal risk solutions to clients in the Northeast region. Commenting on the announcement, James…

NYC Mandates Employers Allow Temporary Schedule Changes

As of July 18, 2018, employers in New York City must allow their employees to request two temporary schedule changes per calendar year for “personal events”. The law request alteration in the hours, times, or location of work, including, but not limited to using short-term unpaid leave, paid time off, working remotely, or swapping or…

USI’s Manoj Rajwani to Present at ISCEBS Conference in NYC May 16

With health care costs on the rise and ongoing confusion around how claim costs are determined, it’s hard to advocate for your employees and save your organization valuable dollars on the benefit spend. Reference-based reimbursements (RBR’s) are just one way of tackling the exorbitant increases demanded by hospitals and providers. Hear from USI Vice President…

New York City Transit Benefit Mandate

Beginning January 2016[1], a New York City employer with 20 or more Full Time Employees (“FTEs”) is required to provide its employees with a pre-tax qualified transportation benefit program up to the limit permitted by Federal Law. Currently, the Internal Revenue Service permits a pre-tax transit benefit of up to $130[2]. The Act does not…

MTA Raising Fares in March

The Metropolitan Transit Authority (MTA) is raising fares effective March 22, 2015. The base fare on subways and New York City buses will be raised by a quarter, to $2.75, and the cost of a 30-day MetroCard by $4.50, to $116.50. Increases will also be applied to the MTA Staten Island Railway, MTA Long Island Rail…