RMC Group is pleased to announce that it has been nominated for the 2019 US Captive Review Award in the category of Captive Manager of the Year. The category in which RMC has been nominated is for captive managers with less than $1 billion of gross written premium in the last 12 months. The award is based on a nominee’s … Read More
RMC to Host 4th Annual RMC Open
RMC Group will host the 4th Annual RMC Open on Saturday, October 12, 2019, at Moorings Country Club in Naples. Moorings Country Club is located at 2500 Crayton Rd, Naples, FL 34103. Registration and breakfast begin at 8:00am, followed by the shotgun start at 9:00am. Lunch, awards, and prizes will start around 1:00pm. The cost to enter the golf tournament … Read More
Pinterest: A Self-Funded Health Case Study
Social media giant, Pinterest, is just the latest company to abandon its traditional health insurance model for a self-funded medical plan. The company switched to a self-funded medical plan at the beginning of 2018 to address the company’s dissatisfaction with the cost of its fully-insured plan, as well as the lack of service. Alice Vichaita, head of global benefits at … Read More
Proposed Changes to IRA Minimum Distribution Rules
On May 23, 2019, the U.S. House of Representatives approved legislation that relaxes the rules for mandatory minimum distributions for retirement savers. Currently, an individual is required to take minimum distributions from an IRA at age 70 1/2. If the legislation, as passed by the House, is passed by the Senate and signed into law by the President, the age, … Read More
Boating Season is Here – Are You Up to Speed on Safety?
With spring in full bloom and summer just on the horizon, prime boating season is upon us. And you might notice more people on the water than ever, because sales of recreational boats have been growing at a steady clip for seven consecutive years now, according to the National Marine Manufacturers Association. Fortunately, the number of boating accidents isn’t growing … Read More
Matt Russo Joins RMC as Vice President of Operations
RMC Group is pleased to announce that Matt Russo has rejoined the company as Vice President of Operations. Matt will be responsible for providing direction and assistance to each division head in connection with the placement of business, as well as developing new processes and procedures for multiple divisions within the RMC Group. “I am delighted at the opportunity to … Read More