http://www.businesso.net Business Fri, 21 Nov 2008 02:01:40 +0000 http://backend.userland.com/rss092 en 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 ... http://www.businesso.net/car-insurance/its-time-to-review-your-medicare-prescription-drug-insurance.html A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes. The industry's growing threats are forcing some radical changes. Some insurers, including Hartford Financial Services Group Inc., Genworth Financial Inc. and Lincoln National Corp., ... http://www.businesso.net/business-property-insurance/commercial-loan-losses-hurting-insurers.html Shares of life insurers fell on Thursday, extending recent losses and sending some companies to new lows, on concerns the sector's woes would only worsen in the fourth quarter. There is growing concern over life insurers large exposure to commercial mortgage-backed securities, based on increasing volatility in CMBS indexes. Bonds backed by ... http://www.businesso.net/business-property-insurance/life-insurance-stocks-fall-as-outlook-darkens.html Bethesda-based ICP, a life insurance settlement and premium finance broker, evaluated the viability and continued ownership of life insurance policies owned by X-Rite that were placed upon the lives of X-Rite founders who are no longer involved with the company. “We have worked with many companies before in selling buy-sell agreements ... http://www.businesso.net/business-liability-insurance/integrity-capital-partners-sells-unwanted-life-insurance-policies.html 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 ... http://www.businesso.net/business-insurance/deductibles-march-higher-for-employer-provided-health-insurance.html Piracy on the high seas used to be a simple affair: Climb on board, take the valuables, and go. Underwriters and brokers said Thursday there's no question that shipping operators will face more expensive premiums as a result of the increased danger in navigating areas such as the Gulf of Aden ... http://www.businesso.net/auto-insurance/piracy-threat-off-somalia-hikes-insurance-premiums.html The severe economic downturn that has put an unprecedented number of workers in line for unemployment benefits will drive the tax rates employers pay to support the benefit program up 70 percent in 2009. The new rates will still be slightly lower than the rates in 2006. Idaho Department of Labor ... http://www.businesso.net/travel-insurance/unemployment-insurance-to-cost-employers-70-more.html The independent state agency, established in 1986, collects and analyzes health-care quality and cost data, with the goals of stimulating competition among health-care providers and helping consumers and business be better purchasers of health-care services. PHC4’s future came in doubt when legislation authorizing the agency’s continued operation became ensnared in the ... http://www.businesso.net/workers-compensation-insurance/phc4-will-survive-at-least-through-june-30.html THE GOVERNMENT'S move to protect people over 50 from having to pay a steep increase in their health insurance bills received a conditional welcome from Labour Party health spokeswoman, Jan O'Sullivan, but she said more details were needed before a final judgment could be made. She said the scheme had to ... http://www.businesso.net/small-business-insurance/insurance-proposals-get-guarded-response.html Prior to joining BancInsure, Mr. Hess served as the Brokerage Solutions Manager for CMIA Brokerage, a subsidiary of CUNA Mutual Group. Included among his many achievements at CMIA, were efforts to adopt new financial institution-related coverages for their clients. Mr. Hess also served as Vice President at Brasser Insurance Group, ... http://www.businesso.net/group-health-insurance/bancinsure-announces-director-of-professional-lines-underwriting.html