Corkill Insurance name Gem Agency by the IMT Insurance Group
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Corkill Insurance name Gem Agency by the IMT Insurance Group
Corkill wants their customers to stay safe!
Corkill employees help Santa bring gifts to the students of Mozart Elementary School in Chicago.
Corkill sponsors and works the Great Western Freedom 4 run to support the Lazarus House Homeless Shelter
Chief Falese presents Corkill with a "thank you" for our support of the Friends of Bartlett Fire and their recent referendum success.
Corkill Insurance representatives will share real life examples and a blueprint for success in controlling healthcare costs.
Corkill employees and families give back through Feed My Starving Children
Corkill Insurance Agency receives the 2018 Gem Distinction from the IMT Group for outstanding performance in the areas of rank, growth, loss ratio and profitability.
Join us! Date: Wednesday, January 24th Time: 10:00 A.M. - 11:30 A.M. Central Time We at Corkill Insurance Agency, Inc. are hosting a complimentary webinar followed by a Q&A on Workplace Violence.
143 Million People Potentially Affected in Equifax Data Breach Equifax, one of the largest credit reporting agencies in the United States, was recently the victim of a massive cyber attack—an attack that may have compromised the personal information of 143 million people. The breach itself occurred between mid-May and July 2017 when cyber criminals gained
Senate Republicans Release Updated Discussion Draft of ACA Repeal Bill On Thursday, June 22, 2017, Senate Majority Leader Mitch McConnell of Kentucky released a 142-page healthcare “Discussion Draft” of legislation, called the Better Care Reconciliation Act of 2017 (BCRA), which is the Senate version of the Affordable Care Act (ACA) “repeal-and-replace” legislation American Health Care
OVERVIEW On May 2, 2017, the House of Representatives passed the Working Families Flexibility Act (also known as H.R. 1180). If approved, H.R. 1180 would authorize private employers to offer compensatory time instead of overtime pay for nonexempt employees who work more than 40 hours per week. H.R. 1180 still needs approval from the Senate
OVERVIEW On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2018, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only
The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees in order to avoid possible penalties. Because this employer mandate has been criticized as burdensome for employers and an impediment to business growth, it seems likely that its repeal will be part of any
Form 5500 Annual Return & Report of Employee Benefit Plan Each year, employee benefit plan administrators are generally required to file a return/report regarding the plan’s financial condition, investments, and operations. The annual reporting obligation is generally satisfied by filing the Form 5500 Annual Return/Report of Employee Benefit Plan or Form 5500-SF Short Form […]
OVERVIEW On May 5, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-37 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. These limits include: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and The maximum out-of-pocket expense limit for HDHPs. These […]
OVERVIEW On May 4, 2017, members of the U.S. House of Representatives voted 217-213 to pass the American Health Care Act (AHCA), after it had been amended several times. The AHCA is the proposed legislation to repeal and replace the Affordable Care Act (ACA). The AHCA needed 216 votes to pass in the House. Ultimately, […]
Corkill Insurance Agency has chosen Quest Academy as the recipient of a charitable grant match from Society Insurance! Quest Academy is a private, independent learning environment with challenging curriculum and a nurturing environment for children in preschool through eighth grade. Luke Praxmarer, agency principal, has served on the Quest Academy board of trustees for […]
As older Americans—those who are age 65 and older—continue to stay in the workforce, employers will need to understand how an employee’s entitlement to Medicare impacts eligibility under the Consolidated Omnibus Budget Reconciliation Act (COBRA). The following COBRA rules apply to Medicare beneficiaries: In most situations, group health plans are prohibited from terminating coverage due […]
OVERVIEW Several steps have been taken in 2017 toward repealing the Affordable Care Act (ACA), including the introduction of the American Health Care Act (AHCA). Although the AHCA was withdrawn by Republicans, Congress may choose to pursue another ACA repeal and replacement bill in the future. While the future of the ACA as a whole […]
Safety First. Then Teamwork. Corkill Insurance Agency and our client, the Troy Fire Protection District, believe safety is first priority when managing risk. Fire District Insurance is a niche specialty for us. Our best clients help us keep their costs down by doing the right things to keep employees safe. Congratulations to the Troy Fire […]
One of the many things a pension trustee learns during required training sessions is that trustees are liable if they breach their fiduciary duties. Beyond that, pension trustees that do not follow the basic standards of conduct may be held personally liable to restore any losses to the pension fund. Fiduciary liability insurance can be […]
The New Year is always a great time to evaluate what you’ve done in the past and plan for the future. So what should you consider in 2017? Here are 3 benefits tips to keep in mind for the upcoming year: Know Your Health Insurance Options. The cost of health insurance is consuming a large […]
At the recent IIA of IL convention in Springfield, IL, Luke Praxmarer was given the President’s Award for meritorious volunteerism for the Independent Insurance Agents of IL. Presenting the award to Luke is Phil Lackman, CEO of the IIA of IL, at the President Abraham Lincoln Hotel in Springfield. “I am very honored to have […]
2016 Safety Professional of the Year
Associate of the Year Award
Corkill Insurance Agency is proud to be the recipient of the Robert T. Tebben Agency of the Year Award! This award is presented annually and is based on outstanding professional performance with regard to servicing the insurance needs of policyholders, the community, and the company. Our high standard of underwriting and sales efforts, together with […]