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Disastrous 2011 a reminder to Business Owners to obtain sufficient insurance coverage

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 […]

Property Insurance Rates on the Rise

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 […]

Proposed Medicaid Cuts leaves uncertain future

Oct. 24–POYNETTE — For most of their lives,Tom and JoAnn Schulzconsidered themselves comfortably middle class. But now, Tom says, “We’re the new poor.” His wife, JoAnn, made about$80,000a year as a nurse until being diagnosed inJuly 2010with an advanced stage of ovarian cancer. She stopped working. He stayed home from his job at a hardware […]

World Insurance Health Insurance carrier for Colorado and rest of United States

This was a message from world insurance (health insurance carrier) With the changes in the major medical insurance marketplace and the resulting uncertainties brought on by the regulatory environment, I need to inform you that World Insurance Company/American Republic Insurance Company has made a decision to exit the individually underwritten comprehensive major medical insurance business. […]

HRA’S for Colorado Small Business Owners at Odds with Federal Laws

Colorado and Feds at Odds on HRA’s September 16th, 2011  – A few months ago Colorado introduced a new state law that allows companies with 50 or fewer employees to pay or reimburse employees for the costs of health insurance premiums through a Health Reimbursement Arrangement (HRA). Previously it had been illegal for companies to […]

Commercial Insurance rates to increase?

Commercial-Lines Survey Points to Hardening Rates September 13, 2011 | By Phil Gusman NU Online News Service, Sept. 13, 1:51 p.m. EDT Commercial-insurance prices increased by almost 1.5 percent in the 2011 second quarter after the first quarter remained flat, indicating that the market may be hardening, according to Towers Watson’s most recent Commercial Lines […]

Lloyd’s of London sues Saudi Arabia over 9/11 Insurance Claims

Insurers sue Saudi Arabia seeking 9/11 reimbursements Friday, September 09, 2011 By Rich Lord, Pittsburgh Post-Gazette A subsidiary of the British insurer Lloyd’s of London Thursday sued the Kingdom of Saudi Arabia, several of its government agencies and banks, and a handful of prominent individuals in U.S. District Court in Johnstown, saying they are liable […]

Ron Paul and Individual and Employer sponsored Health Insurance

Rep. Ron Paul was at the center of one of the most memorable moments of Monday night’s “CNN-Tea Party Republican Debate” when a member of the audience shouted “Yeah!” in response to a question asking whether a critically ill person without health insurance should be left to die. In an interview Wednesday the Texas congressman, […]

Health Insurance in United States Unisured Americans numbers rise

NEW YORK (CNNMoney) — The number of people who lacked health insurance last year climbed to 49.9 million, up from 49 million in 2009, the Census Bureau said Tuesday. Nationwide, 16.3% of the population was uninsured last year, statistically unchanged from 2009. Three groups comprised the bulk of the uninsured in 2010, including foreign-born residents […]

Indivdual Health Insurance Federal Appeals Court Dismisses Two Challenges to the Individual Mandate

On September 8, 2011, the U.S. Court of Appeals for the 4th Circuit in Richmond, Virginia issued rulings on two appeals. They dismissed lawsuits by the State of Virginia and Liberty University that challenged the constitutionality of the Patient Protection and Affordable Care Act’s (PPACA) individual mandate. Both cases were dismissed on procedural grounds, so […]

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