Monthly Archives: November 2011

The economic impact of traffic crashes on the nation is both overwhelming and far-reaching. The annual societal cost of traffic crashes is $299.5 billion, more than three times the $97.7 billion cost of congestion, according AAA’s recent “Crashes vs. Congestion–What’s the Cost to Society?” report. The overall cost of crashes equals to $1,522 per person […]

The Council of Insurance Agents & Brokers’ annual Commercial P/C Market Index Survey shows workers’ comp pricing increased on average 4.1 percent for the period July through September. For the P/C industry overall, the average increase was 0.9 percent. The 4.1 percent increase in the workers’ comp line follows a 2.6 percent average increase in […]

Most Americans have at least one chronic health condition, according to the new poll. Whether it’s obesity or a combination of health conditions, it’s costing U.S. businesses 450 million additional lost work days each year — translating to $153 billion. The figure does not include presenteeism — when employees go to work but are less […]

Used to be, it was politically dangerous to try to tinker with Medicare. Former Arizona Governor Bruce Babbitt lost the support of key Democrats in his bid for the 1988 presidential nomination when he talked about means-testing Medicare and other entitlements. And the 1988 Medicare Catastrophic Coverage Act, which would have significantly expanded coverage, was […]

The details involved in planning for your financial future can be dizzying for some people, and one subject that often seems impossibly complicated is life insurance. Add to that the struggle Americans feel in dealing with a still-uncertain economy, and too often the result is that people take what seems– at first glance — the […]

The total cost of motor vehicle crashes in the U.S. totals $299.5 billion,  according to a study done for the auto club AAA. According to the study conducted for AAA by Cambridge Systematics, the overall cost of crashes equates to an annual per person cost of $1,522. The study examined the relationship between congestion and […]

Excellent article I came across on Property Casualty 360 Daily enews for business owners. The great price that you found for your business insurance may not turn out to be that great if you do not have the proper coverage. Call the Business Insurance Specialists for a comprehensive business insurance review (303)420-4774 Nature has done […]

Investment yields, low interest rates, less-favorable reserves and high catastrophe losses are working together to create a market hardening, according to reinsurance  and specialty-insurance executives on various earnings conference calls this quarter. However, rate increases are not enough to offset losses. “Broadly speaking, nearly every line of business is now showing either flat or positive […]