Insights and News
CAC Specialty Announces Creation of Natural Resources Specialty Practice and Hiring of Two Key Executives, Lisa Harris and Gary King
HOUSTON, TX – September 21, 2020 – CAC Specialty (“CAC”) is pleased to announce the appointment of Lisa Harris as Executive Vice President of Client Service and Gary King as Executive Chairman for its newly-formed Natural Resources Practice. The Natural Resources...read more
Birmingham, AL – Cobbs Allen & CAC Specialty have been named to the Best Places to Work in Insurance list for 2020. The honor demonstrates that Business Insurance recognizes the organizations as a place where employees feel they can thrive and collectively...read more
We are proud to announce that Cobbs Allen’s Marye Beasley Kohn and CAC Specialty’s Bain Head have been named to Insurance Business America’s Elite Women for 2020. According to IBA, this year’s Elite Women are not just dedicated to the insurance industry – they are shining a light for future generations of insurance professionals.read more
The Cobbs Allen mission states that we are to always be out front for our clients, our employees, and our community. It is not just a tag line that we have on our website, as a company we strive to achieve this daily. As part of this mission, it is our great privilege...read more
The Department of Labor (DOL) and the Department of Treasury (IRS) jointly issued a Final Rule and FAQ for Participants and Beneficiaries on April 28, extending certain time frames for employee benefit plans as well as for plan participants and qualified beneficiaries. The information has been met with many questions from plan sponsors and third party administrators as they work to understand how to implement the extended time frames.read more
The novel Coronavirus Disease 2019 (COVID-19) is in the forefront of business discussions. As businesses are faced with many decisions regarding how they may best respond, Cobbs Allen is providing this brief update on matters that most directly pertain to our clients’ benefit programs.read more
Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is creditable or non-creditable. This must be completed online within 60 days after the beginning of the plan year. For calendar year plans, the disclosure is due by February 29, 2020.read more
In his new role, Trotter will oversee the financial operations of both Cobbs Allen and CAC Specialty, lead the Capital Markets efforts of both companies, liaise with financial partner Fortress Investment Group, and help strengthen Private Equity Sponsor relationships.read more
President Trump recently signed a spending bill preventing a government shut-down and repealed the following three taxes and fees under the Affordable Care Act (ACA):
• Cadillac Tax on high-cost group health coverage, beginning 2020;
• Medical Devices Excise Tax, beginning in 2020; and
• Health Insurance Providers Fee, beginning in 2021
Importantly, the bill also extended the Patient-Centered Outcomes Research Institute (PCORI) fee to years 2020 to 2029.
Cobbs Allen is pleased to announce that our own Margaret Ann Pyburn, Executive Vice President of Personal Lines, was named as the 2019 JoAnn Heltibridle Award winner!read more
Starting a career at Cobbs Allen means always being out front for our clients, our associates, and our communities. We strive for innovation, excellence, integrity, service, and respect, and we are looking for associates who share these values.
Interested in joining a fast-paced, growing team that recognizes and values your contributions? Email your resume to firstname.lastname@example.org so that we can match your experience and skill-set with our business needs.
Employee Benefits Compliance Consultant: The Employee Benefits Compliance Consultant will provide expertise and direction to the organization, clients and business partners, in the area of Employee Benefits information and compliance.
Executive Assistant: Responsible for handling a wide range of administrative and executive support related tasks. Individual must be well organized and flexible.
Director of Employee Benefits – Service & Strategy: Provide leadership and oversight to the Employee Benefits department in the areas of organizational strategy and client service.
Cobbs Allen is a national independent agency focused on risk management in niche practice groups. We deliver commercial insurance, employee benefits, personal insurance, and alternative risk financing services to our clients. Headquartered in Birmingham, AL, the firm is ranked in the top 100 of privately held brokerage firms and the top 100 of all U.S. brokerage firms.
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