From the monthly archives: October 2015
The Obama administration said many consumers will see noticeable premium increases when buying health coverage on insurance exchanges in 2016, acknowledging for the first time what many health-care experts had predicted. Continue reading
For all the black robes and ceremony, the American legal system often operates more like a factory assembly line than a citadel of individualized justice. Ninety- five percent of criminal prosecutions end in plea deals. Many defective-product claims settle in mass pacts that benefit attorneys more than putative victims. Now a legal dispute within a plaintiffs’ law firm that organizes massive torts is threatening to pull back the curtain on the mechanics of high- volume litigation. Continue reading
By: Andrew G. Simpson (Insurance Journal) October 2015
By the time today’s millennial insurance … Continue reading
A big part of the construction industry is insurance. Why? Well, it is simple – construction is a risky business. All construction projects have a defined set of risks; bad weather, non-payment, safety concerns, construction defect, property damage, the list goes on and on. As a contractor and a consumer it is important to be sure all parties working on your home, or jobsite, have proper insurance coverage in all areas of risk. Continue reading
Point-of-sale retailers and large health care firms can expect cyber insurance rate hikes of up to 150% on renewal next year, says Willis Group Holdings P.L.C., in a report discussing next year’s forecast for various lines of business.
It expects that rates for cyber polices are expected to be flat to up 15% for companies that are neither point-of-sale retailers nor large health care entities. Continue reading
By: Ann Butler, The Durango Herald (Claims Journal) October 2015
In 2002, while the … Continue reading
Companies with 50 to 99 full-time employees must offer affordable insurance to employees and their dependents starting Jan. 1. They must also file tax forms with the government by Jan. 31 detailing the cost of their coverage and the names and Social Security numbers of employees and their dependents. While companies of all sizes are subject to the law must file the forms, smaller businesses without big staffs to handle the paperwork may have to hire someone to do it — at a cost of hundreds or thousands of dollars. Continue reading
Many Small business and individuals are noticing a common occurrence for health insurance premiums for 2016. An overall increase in premium is expected. It has been speculated that rate increases were coming down across the board since the passing of the Affordable Care Act. In 2016 the speculation is proving to be a reality for many Continue reading
