Category: News















IRS Provides New Benefit Plan Limits for 2023

The IRS recently announced benefit plan limit changes for 2023. Many employee benefits are subject to annual dollar limits which are adjusted for inflation each year. However, due to decades-high inflation, many limits were increased more than usual for 2023. Common plans affected are health savings accounts (HSAs), high deductible health plans (HDHPs), and 401(k)… Read more »





Photo of flood water

The Limitations of Flood Insurance | NFIP Policy Restrictions

BY: Steve Bonday, CIC, CBIA, AIPInsurance Sales Executivesbonday@bankersinsurance.net Flood insurance is not covered by standard homeowners policies. If you’ve been a client of ours (Bankers Insurance) for long, you’ve no doubt heard this before but the point bears repeating. We regularly speak with clients who believe they have coverage under their homeowners policy for damage… Read more »