The survey findings applied to preferred provider organizations, offered in many employee group benefit packages. Health maintenance organizations, another popular benefit option, don’t have deductibles.
Baker said employers were bracing for potentially bigger increases next year. “Historically, downturns in the economy have often correlated with higher medical trends,” she said.
There is mounting evidence that people are [...]
OneAmerica Financial Partners, Inc. and Shenandoah Life Insurance Company announced today the signing of a letter of intent that describes a proposal to merge the two organizations. Under the proposal, Shenandoah would become a subsidiary of OneAmerica(R), joining American United Life Insurance Company, The State Life Insurance Company, Pioneer Mutual Life and R.E. Moulton, Inc. [...]
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit rating of “a of Bison Insurance Company Limited. The outlook for both ratings is stable.
The ratings reflect Bison’s historically adequate capitalization, generally favorable operating performance, conservative reserve levels and effective management of its catastrophe exposures. The ratings also recognize Bison’s history [...]
Just as the tough economy is starting to really put the squeeze on small businesses, they are facing another financial pinch: Jumps in their health insurance premiums.
Though the cost of health insurance has been a long-running problem for small businesses, their rates had been rising at a slower pace in recent years. No more, the [...]
In Matter of Interboro Ins. Co. v. Coronel, Interboro Insurance Company petitioned to permanently stay arbitration of a number of uninsured motorist claims. In 2001, Patricia Coronel was driving a vehicle owned by Manuel Coronel when she … Court denied Interboro’s request and dismissed the case, Interboro appealed to the Appellate Division, Second [...]
… Dist. Lexis 77347 (S.D. Miss. Oct. 1, 2008) presents at least some evidence that in some states insurers are able to make mistakes and still prevail. When Geico filed its complaint, it included a copy of the insurance policy … evidence was presented to rebut the legal presumption that “Once properly mailed, the [...]
The recent Bailout law increased the FDIC insurance coverage for bank accounts to $250,000 per person, per bank. However, different types of accounts, such as joint, POD, etc. affect how the coverage is calculated. The FDIC provides this handy calculator to estimate the coverage available to you for your accounts at each bank.
No tag for [...]
… Carney Letter Expresses a Need for More Resources to Investigate Corporate Fraud Interim Final Rule: Deposit Insurance Regulations, Temporary Increase in Standard Coverage Amount, Mortgage Servicing Accounts (PDF 128 KB) Rule as … Significant Deterioration in Credit Quality (PDF 120 KB) Prepared by the Office of Thrift Supervision, Federal Deposit Insurance [...]
… unconstitutional gift of public funds.” In addition to their annual salaries of $178,789, trial court judges receive state-provided health insurance and other benefits. Los Angeles County also provides local judges a lump sum equal to 19 percent of their income - $33,970 this year - to spend on medical, vision and dental insurance. [...]
… Business litigation attorney Angelo Tartaro on Rogers & Tartaro’s Business Litigation Blog Lawyers Want Less Stress, More Personal Time. Big Surprise - Tennessee lawyer John Day of Day & Blair at his blog, Day on Torts Companies Collapse, Preferred Shareholders Sue - Ohio attorney Kevin LaCroix of OakBridge Insurance Services at his blog, [...]
