Six purchasers in race for RBS’s insurance business

Royal Bank of Scotland Group is expected to have received at least six preliminary bids for its Direct Line and Churchill insurance business by this week’s offer deadline, reported The Observer, adding that there is some doubt as to whether it will achieve its hoped-for 7 billion pounds price.
Among the companies believed to be putting [...]

Small-business owners need to plan for disasters

A spring that has already brought deadly and destructive weather to parts of the country is a reminder to small businesses that they need to prepare for disasters that could shut them down. Owners should try to make their companies as prepared as possible - or at the least be sure that employees and data [...]

Local business owners get tips on dealing with unemployment insurance

Prices are up and jobs are down. It’s the sign of an economy in trouble.
“Idaho’s going to mirror what’s going on with the economy nationally, and of course things are on the downturn right now, due to the housing market and the high price of fuel and all the other costs rising as a result [...]

Builders Insurance board accused of unfair practices

The Home Builders Association of Georgia launched a campaign Thursday to oust the leadership of a co-op style insurance company that provides workers compensation coverage to builders statewide.
The association’s top officials accused the directors of Atlanta-based Builders Insurance of enriching themselves at the expense of the policyholders who own the mutual insurance company. The association’s [...]

Insurance Service of Asheville: a family affair for 50 years

Right away, Jim Stickney acknowledges that selling insurance isn’t exactly glamour city.
“Very few people grow up wanting to be insurance agents,” Stickney said with a laugh.
The elder Stickney’s family moved from Cuba to Asheville when he was a first-grader. Always driven, he finished UNC Chapel Hill in three years and then worked in the construction [...]

Online Insurance Leads Clarification

Many agents stay away from online insurance leads because they are not sure of what they offer, how much they cost, or how to get started. If you let the unknown scare you away from buying these leads, it is going to hurt your chances of success in the long run. Instead, you should learn [...]

Young risk higher bills for health insurance

YOUNG people risk paying more for health insurance if they opt out of private cover to take advantage of Medicare reforms and decide later to return to the private system.
In tomorrow’s budget, 2 million people will be exempt from a Medicare surcharge of at least $600, prompting Australian Health Insurance Association chief executive Michael Armitage [...]

Private health premiums tipped to rise

Leading economist Henry Ergas said the increase would reduce the number of healthy people taking out private health insurance, leaving the insurers with a customer base of older and high-risk members.
“It wouldn’t take much change in the size of the pool of new customers, if you got a deterioration in the composition of their risk, [...]

Health insurance changes will fuel inflation

Tomorrow night’s Budget will include changes to allow people to earn twice as much before facing a surcharge if they do not have private health insurance.
But Opposition health spokesman Joe Hockey says it will cause the total number of people with private cover to fall and that will force up the cost of health insurance.
But [...]

Insurance model follows American tradition

Call it Obamacare or call it Clintoncare. But don’t call it “socialized medicine.”
And don’t think that the health care systems that Barack Obama and Hillary Clinton have promised to put into effect if they get into the White House would be anything like the universal health coverage offered in Great Britain or Canada.
Last week, Sen. [...]