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When the insurance business crashed, the industry needed a bailout

With the insurance market in meltdown, some business owners in the industry turned to the federal government for help.But there was a catch.As insurance brokers, the insurance companies themselves were the ones who were responsible for overseeing the business.And as they were the people who could best help insure their clients, the insurers themselves were […]

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Insurers, doctors, and life insurers’ pay raises are coming, but they’ll take time to pay off

Health insurance companies are offering raises for many of their top executives in the first half of 2018.And they’re also going to need to get a big payout to offset that.That means they’ll need to keep employees on their payrolls and offer bonuses, as well as hire and retain new employees.Here’s a look at some […]

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How to Find the Best Insurance Companies for You

As insurers scramble to come up with ways to better serve consumers and to protect them against future shocks, they’re also working to understand how to help people understand and predict the cost of insurance policies.Insurers are now finding that it can be harder to get people to understand what’s in an insurance policy and […]

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Why are auto insurance companies so keen on a Rs 3,000 crore project to build India’s first 3D printed life insurance?

IANS By Anupam BehariaAIMS India-based insurance company AIMS has announced a Rs3,000-crore investment to develop a 3D-printed life insurance product in India.The company, which has already been investing in 3D printing of life insurance, has also approached the central government for financial assistance for the project.It is aiming to start a production of life insurers […]

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Why the insurance industry is going to have to change to keep up with tech giants

The insurance industry has been struggling to keep pace with a changing technology landscape.The number of companies offering health insurance plans has grown by about 60% since 2009, according to the Kaiser Family Foundation, a research group based in the San Francisco Bay Area.This has forced insurers to develop a whole new way of offering […]

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How to get insurance coverage for a new job, according to an online job site

Health insurance is a major part of the lifeblood of most Americans.But it is a controversial area of the economy, with insurers and employers fighting over who should get paid for the services they provide.Here are the top insurance questions that should be answered by employers and insurers alike, and the answers they can offer.Insurance […]

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When insurers are still getting paid to provide health insurance

A recent article in The Wall Street Journal revealed that health insurance companies were getting paid by the hour to provide insurance for millions of Americans in 2017.While most of the time insurers were receiving payment from the government, that didn’t always go smoothly.The Wall Street article noted that, in 2017, the federal government paid […]

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NFL’s best players are now insured, according to research

A study released on Thursday revealed that NFL players were not only healthier and happier in the aftermath of Hurricane Matthew, but also more financially stable than before the storm hit.According to a report by the University of Michigan’s Health Policy Institute, players were now insured for an average of $1,300 less than before Matthew […]

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How to get a premium increase, with no extra costs

Insurance companies are using a technique called “insurance industry job” to get consumers more bang for their buck.The idea is that if you have an insurance company, you are a better value than a competitor because they have been trained in the insurances business, which allows them to lower premiums and offer better insurance.The trick, […]

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Trump administration pushes new rule on insurance industry jobs

President Donald Trump signed a sweeping new rule Friday requiring employers to offer at least a part-time worker a six-week paid vacation to get by in order to remain in compliance with federal overtime rules.The rule also requires employers to pay out-of-pocket medical costs to workers who are sick or injured during their shifts, and […]

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