Professional liability insurance

As a regional claims manager of a very prestige insurance company, Christine Brooks is the one in charge of zone organization and her office is located in Westchester. The company is having some financial issues due to the premiums that were being paid by the policy holders were not sufficient a well as diverse unwritten insurance losses because of this the company is having to cut the costs in the Westchester Zone Reorganization. Due to all of these happenings the company felt that they were…

Social insurance are programs that are funded by the payroll taxes. Public assistance programs are funded by the government and include anything that assists the health, public, and education. Both social insurance programs and public assistance programs are made to help the needy. One social insurance program would be Medicare, it is for people that are sixty-five and up who have not claimed their social security benefits. It is also for people who have kidney failure and people who have…

Getting Car Insurance? 3 Mistakes You Should Avoid Making If you’re driving in the US, you need some form of car insurance to be able to take your car out onto the open road. Unfortunately, it can be confusing when it comes to what kind of insurance you should get. You don’t want to spend a small fortune on an insurance policy that is overkill, but also want to make sure you are covered if an accident happens. As long as you avoid these mistakes, it will help you make the right decision. Lying…

the Driver’s Insurance License. The concept of the Driver’s Insurance License is to ensure that properly insured drivers with the minimum requirements of the registered State the license is in receive added benefits and discounts from the State and Government. The Blue Ocean Strategy offered several variables in the product development, production, marketing, and distribution of the Driver’s Insurance License. What would meet the needs of the consumer, the state laws, and the insurance industry?…

After analyzing the sinkhole cases and insurance policy toward sinkholes, it is critical to understand why thinks look the way they are --- why insurance company cover sinkholes in general. According to the U.S. Geological Survey, it is estimated that 35% to 40% of the land areas in the United States are susceptible to sinkholes. This statistic show that potential sinkholes damages are threatening millions of homeowners across the country. Like typical threats to the houses such as theft,…

Small startups that want to redefine how insurance is provided into the work place as well as individually. Currently it is not that significant but AXA would be best to start investigating the threat and see how they can implement that model into theirs. One immediate large threat that AXA is facing is low interest rates. When interests are high, investments can return a greater profit. When they are low, as we are currently seeing in the US, insurance companies are not as profitable. Low…

the two major categories of insurance coverage. Personal lines cover individuals and families while commercial lines protect business firms, nonprofit organizations and government agencies. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another in exchange for a payment. Any risk that can be quantified can potentially be insured. Life insurance, health insurance and property and casualty insurance are several types of insurance that are available today. …

authorized student drivers can use the school’s insurance when driving fleet vehicles. Nonetheless, the risk management plan does not address other insurance that may reduce liability exposure. For instance, club teams use both campus and off-site facilities for competitions with other colleges but the plan does not state whether the school’s insurance will cover any injuries to participants or spectators that happen at competitions. If the insurance is applicable, then the school may fail to…

weather index insurance…

Without health insurance in the United States, costs for health care can be out of control and unmanageable for most individuals. These are facts that the government knows to be true as well as private insurers. If not covered by a government funded or public plan, an alternative is to seek coverage through a private insurer. Currently, individual plan purchase is available. For others, employer sponsored plans are available to participate in. The hope is that with all of these options…