Category: Analyzed Insurance
Posted by Dakota Levey Dec 17, 2011 No Comments »
We live in a wonderful country, where we enjoy many freedoms.
Unfortunately, one of those freedoms is owning a trampoline.
If our founding fathers had known what trampolines actually were, they would have viciously jotted down another section of the Constitution that forbids us from purchasing them. There would have been a block on importing any trampolines from outside the country, and anyone caught making or distributing them would be promptly hauled away or shipped off to some dark and lonely place. But because Ben Franklin never got around to inventing one before all those laws got written down, we’re stuck with them forever. (
Posted by Dakota Levey Nov 23, 2011 No Comments »
Sun Life Financial, based in Wellesley, Mass., announced it will market its stop-loss insurance through Cigna Payer Solutions, a network connecting third-party administrators with health care providers.
Under the business agreement, any employer or plan sponsor that is a client of a TPA contracted with Cigna Payer Solutions will have access to Cignas health services and Sun Life Financials expertise in stop-loss insurance.
Cigna Payer Solutions connects participating TPAs to a network with more than 660,000 health care professionals and 5,100 hospitals.
Cigna, which has a large presence in Philadelphia, will continue to sell medical stop-loss to employers that do not work with Cigna Payer Solutions TPAs.
“Sun Life Financials ability to provide quality customer service in the TPA marketplace will offer significant value while managing medical costs for our customers,” said Jeff Terrill, president of Cigna Emerging Markets, in a statement.
Sun Life Financial offers group life, disability, dental and stop-loss insurance through 170 group insurance sales representatives in 34 major U.S. cit
Posted by Dakota Levey Nov 07, 2011 No Comments »
A great deal of responsibility is required for someone in a data management position, such as an IT manager, CIO or a PCI auditor. They are responsible for private and valuable company information, as well as very detailed customer information in some cases. However, with access to highly important and sensitive information they also run the risk to have to defend themselves in a fraud case. For this reason, it is extremely important to have data security liability insurance.
Security fraud is a very serious and dangerous act. Companies, as well as individuals, may be put at stake for informational and identity theft even if they personally didn’t do anything wrong. S
Posted by Dakota Levey Oct 25, 2011 No Comments »
American millennials believe their retirement depends solely on personal savings and investment, but are unsure how they will finance and save for their retirement, a new study says.
Millennials, or people age 18 to 29, do not believe that Social Security will exist when they reach their retirement years, according to a study by the iOMe Challenge.
Financial service professionals can help to educate millennials and their parents, according to David Wegge, chair of iOMe Challenge and executive director of the Strategic Research Institute at St.
Posted by Dakota Levey Oct 21, 2011 No Comments »
The Indian Finance Ministry is to start searching for a regular chairman and managing director for state-owned New India Assurance following the suspension of chief, M. Ramadoss.
New India Assurance, the largest public sector unit (PSU) general insurance company, the government has to appoint a regular CMD. Also, it is difficult for the interim chairman to manage the affairs of Mumbai-based New India Assurance from Chennai, sources said.
The ministry will soon initiate the process. The search panel, headed by the Finance Secretary, will shortlist the candidates, sources said.
Subsequently, the appointment will be made by the Appointments Committee of Cabinet (ACC), sources added.
It is to be noted that G.