Unemployment Truth and Trends

Unemployment Truth and Trends
Is our unemployment level the highest in US history? I would say yes because the job-structure of 1933 America is quite a bit different than it is today. Also the “news claims” data suggests a increasing cumulative number of jobless people in the total economy. Todays market moving statistics don’t mean anything. [...]

Study Examines Private Home Health Care Utilization

Women Use Fewer Days Per Week; Most Users Over Age 70
More women receive privately paid for care at home for lingering health issues with more obtaining this care at older ages than men according to a new report from the American Association for Long-Term Care Insurance. Nearly 60 percent of those [...]

Insurance Company Rules

Insurance Company Rules
Check out “Insurance Company Rules” – a collaboration between Health Care For America Now (HCAN) and Public Service Administration (PSA).
Here is the video on Youtube:

AMERICAN INSURANCE ASSOCIATION: H.B. 1657 INCREASE LITIGATION & CONSTRUCTION COSTS

AMERICAN INSURANCE ASSOCIATION on workers’ compensation insurance: H.B. 1657 WILL INCREASE LITIGATION AND CONSTRUCTION COSTS
WASHINGTON, DC, April 16, 2009 – The American Insurance Association (AIA) today expressed its strong opposition to H.B. 1657 which seeks to overturn a recent unanimous decision by the Texas Supreme Court. In 2008, the Texas Supreme Court held [...]

Texas Hurricane Insurance Claims Create 2008 Loss for Insurers

For half a decade, Texas insurance companies showed strong profitability with loss ratios of only < 60%. That was before 2008.
Then, in 2008, Taxes insurers were force to pay out on one of the most destructive hurricanes in state history, i.e. hurricane Ike hitting Galveston and Houston, the Texas Department of Insurance reported. [...]

Insurance Companies to Disclose Climate Change Risk

US insurance regulating body, National Association of Insurance Commissioners (NAIC), now demands insurance companies to disclose how climate change will affect them. NAIC is aware of the huge risk that environment change entails, however it lacks information of how the insurance industry is planning to respond. Concerns are the availability and affordability of [...]

California: San Francisco Bay Area’s Huge Flood Control Cost

The Pacific Institute in Oakland, California, explains in its state-commissioned report that California needs to invest about $14 billion to protect its coastal regions by the end of the century. Furthermore, it will need a further $1.4 billion/year thereafter for maintenance.
California faces either costly or dramatic times ahead in its control of the [...]

AIA Opposes State Catastrophe Fund

The American Insurance Association (AIA) provided testimony today in opposition to Connecticut Senate Bill 530, legislation that would establish a state-mandated catastrophe (CAT) fund in Connecticut. The testimony was presented at a hearing before the Insurance and Real Estate Committee.
“Natural catastrophe remains a manageable and insurable risk for private insurers, provided they have the proper [...]

House Members Plea for Insurance Information Office

As a step in the current American insurance industry reform, a bipartisan group of seven House members sent a letter to US Treasury Secretary Timothy Geithner last week.
The letter urging him to set up an Office of Insurance Information. The signatories on the letter of last week are congressmen from New Jersey, Delaware, Illinois, [...]

Exigen Insurance Solutions: Hot Insurance Tech Company To Watch in 2009 Report

Exigen Insurance Solutions Named to Forrester Research’s Hot Insurance Tech Companies To Watch in 2009 Report
San Francisco, CA ~ Exigen Insurance Solutions, the IT 2.0 provider specializing in rapid implementation of new business initiatives and products for insurance, today announced it is one of seven vendors named to Forrester Research’s “Hot Insurance Tech Companies to [...]

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