More frequent and intense wildfires are making it harder for homeowners to find and keep insurance in California, a state regulator warned Thursday.
“The problem of insurance availability is going to expand” after last year’s record-breaking wildfires, California Insurance Commissioner Dave Jones said in an interview Thursday. He said growing rates of non-renewal and rate increases for people in wildfire zones are “entering a critical stage.” Continue reading
When Congress created the qualified small employer health reimbursement arrangement (QSEHRA) in December 2016, legislators were careful to set it up as an exception from the Affordable Care Act. Rather than a group health plan, the QSEHRA is an “excepted benefit”—a way to offer health benefits without being subject to group plan rules. Continue reading
WASHINGTON — Striving to fulfill a campaign promise, the Trump administration on Thursday proposed regulations to facilitate the interstate sale of health insurance policies that cost less but may not cover as much. Continue reading
The opportunity to offer personalized health benefits is growing. Over the years, new tax-free vehicles have emerged, and small businesses now have multiple ways to increase employees’ benefits.
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Donald Trump claims he has finally repealed Obamacare through the Republican tax bill. “The individual mandate is being repealed,” he told a cabinet meeting in December. “When the individual mandate is being repealed, that means Obamacare is being repealed.” He has since tweeted that the tax bill “essentially Repeals (over time) ObamaCare.” Continue reading
The rising costs of health care aren’t just a problem for individuals—they’ve also impacted businesses that make health benefits a priority for their employees.
Small businesses have been particularly vulnerable. Between 19999 and 2016, the cost to cover one employee under group health insurance rose nearly 200 percent—from $2,196 to $6,435. Continue reading
The holiday season is upon us. This time of the year, the reception area of a business entrance or lobby is an area of potential unwanted guests. The constant traffic from Holiday gifts, mail, and normal office deliveries are an opportunity for an unsavory intruder to “slip through” unnoticed and enter the offices, bathrooms, storage areas and surrounding corridors, and increase the risk of theft, violence, industrial espionage, sabotage, or even terrorism. Continue reading
Defective product risk is an increasing peril for companies, causing significant financial damage, according to a newly released Allianz Global Corporate & Specialty (AGCS) report.
Recall exposures have increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, AGCS warned. Continue reading
