This is referred to as the “Annual Election Period.” It is extremely important that you review your plan annually to make sure it provides the best coverage for your medications. Don’t assume that the plan you have used in 2008 is the best one for next year. Premiums for most plans have increased in cost [...]
Employer-provided health care benefits are not likely to disappear even as a growing number of Americans lose their jobs amid a struggling economy, the head of the nation’s third-largest health insurer said on Wednesday.
While growing layoffs are likely to push growth in Aetna’s offerings for individuals, Williams said large companies are still at the forefront [...]
After years of booming profits and a general aversion to risky investments within the property casualty arms of their companies, insurers are well capitalized to handle the latest fire claims and are not as vulnerable as other financial institution.
But some watchdogs are more skeptical and believe the cost to consumers will come eventually though perhaps [...]
Britain’s first sharia-compliant insurance company was launched Monday, offering motoring policies in line with the Islamic legal code.
Salaam Halal insurance uses Takaful principles, whereby the risk is spread between all policy holders. In contrast, conventional insurance policies shift the risk from the policy holder to the insurance firm.
People taking out a policy with Salaam Halal [...]
The good news is the company is likely to absorb that cost in its general insurance line of business.
“The premium tax increase is likely to result in an increase in insurance premiums to the consumer for new policies sold after the tax comes into effect.”
“I don’t think that will cause companies to automatically say we [...]
An alliance of insurance companies and environmentalists wants to bring a new kind of mileage-based auto insurance to California and charge motorists only for the number of miles actually driven.
Called pay as you drive, the option is available from a few insurers in 34 states but not California as well as Canada, Japan and Europe.
One [...]
A joint Bahrain-Qatar insurance company was established in Doha yesterday, the Bahrain Chamber of Commerce and Industry announced.
BCCI chairman Dr Essam Fakhro sealed the deal with his Qatari counterpart Shaikh Khalifa bin Jassim Al Thani.
The newly-established firm specialises in insurance fees levied on cars crossing the planned causeway linking both the countries.
The founder Bahraini members [...]
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 [...]
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. [...]
Doubt and uncertainty are an integral part of life. Ask Delhi-based businessman Tinu Kapoor. After a lot of planning and research, the 27-year-old’s dream project, a high-end apparel showroom, catering to HNIs, was supposed to be launched soon. His planning was comprehensive and execution almost complete.
Till that day, he had not taken a step wrong. [...]
