Employers are cautiously waiting to understand the full impact of the Affordable Care Act on workers’ compensation — the effects of which could put either upward or downward pressure on costs and claim trends. Employers can and should take steps to increase the value of the positives and mitigate any negatives while waiting for the health care reform dust to fully settle.
Online small business insurance provider AssureStart has started selling commercial plans to small businesses in New Jersey over the Internet.
Lyft Inc., a peer-to-peer ride-sharing company, has reached an agreement with New York officials over the company's compliance with state licensing and insurance regulations.
Empire Underwriters is expanding its reach into New York state and surrounding states providing P&C agents with workers comp coverage for preferred, standard and hard-to-place accounts.
A.M. Best will present a webinar titled, “State of the U.S. Workers’ Compensation State Funds” on Aug. 5 featuring Thomas J. Phelan, president and CEO of Chesapeake Employers’ Insurance Co.
Legislation passed on Tuesday, July 29, 2014 by the U.S. House of Representatives will bring a rare benefit to improve insurance coverage at lower cost to companies and their workers ... Read →
Couples retiring at age 65 are expected to incur $220,000 in health care costs on average during their retirement years, while those who wait are likely to find cost savings, according to the 2014 Retiree Health Care Cost Estimate by Fidelity Investments.
The average Total Cost of Risk (TCOR) trended higher for the third year in a row, according to the newly released RIMS Benchmark Survey. It went from a 2% increase from $10.70 per $1,000 of revenue in 2012, to $10.90 per $1,000 of revenue in 2013.
Genworth has introduced a new long term-care insurance product that the Richmond, Va.-based insurer says addresses the concerns of price and complexity.
Nearly 70% of middle-market consumers say it is hard to know which online sources of life insurance and financial advice they can trust, according to a recent LIMRA study.
Consumer-focused shopping and enrollment is the most valuable capability for a successful private exchange, according to opinions of healthcare industry professionals.
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Carlos Gutierrez, the former president and owner of G.M. Underwriters in Miami, has been arrested on grand theft and fraud charges after an investigation revealed he stole nearly $1.1 million in insurance premiums from seven insurance and premium finance companies. Read »
A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud. Read »