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News
Square Insurance Brokers appoints Kapil Baraya to lead corporate lines
4+ day, 25+ min ago (253+ words) Square Insurance Brokers has appointed Kapil Baraya as Head of Department, Corporate & Commercial Lines. He will lead the company’s corporate and commercial insurance business while also overseeing its life insurance operations. Baraya will be responsible for client relationships and business…...
Underinsurance often starts with the premium, not the peril
4+ day, 15+ hour ago (572+ words) A softening commercial property market hands clients something they have not had for most of the past decade: room in the insurance budget. What happens to that room at renewal is the decision that gets tested years later, at claim…...
Employee benefits literacy is the next frontier of value
5+ day, 15+ hour ago (1067+ words) US employers are absorbing record cost pressures rather than passing them on to workers but unless they fix a deepening benefits literacy crisis, the extra coverage they are stacking to bridge affordability gaps will go largely unused. Nicole Negvesky, Executive…...
Lake Township Chamber explores small-business health plans
1+ week, 13+ hour ago (959+ words) Get local news, sports and community events delivered free every Thursday. Select one or more newsletters, then complete your signup. The Lake Township Chamber of Commerce held its first September MorningCONNECTIONS meeting Wednesday, Sept. 2, with Rachel Prior, a benefits consultant…...
Curb misselling, not agents: Insurance reform needs a scalpel, not a hammer
1+ week, 2+ day ago (242+ words) India’s insurance market does need reform. It needs a scalpel, not a hammer Trump calls Iran conflict 'small potatoes' and defends Vance's position that it's not a 'war' US judge again blocks Postal Service's mail-in voting restrictions Rs 10,000-crore question…...
Health insurance costs projected to spike next year by 8.2 percent
1+ week, 4+ day ago (107+ words) Health insurance costs projected to spike next year by most in two decades The Washington Post Employers predict an average 8.2% increase in the cost of their insurance plans. Workers will shoulder some of the cost. A survey of employers predicts…...
Employee benefits navigation gap is costing employers millions
1+ week, 6+ day ago (848+ words) US employers are spending up to $20,000 per employee each year on health plans but investing less than $10 per employee communicating those benefits. John Tournet, senior vice president of benefits consulting at Arthur J. Gallagher & Co. in Chicago, says that imbalance is…...
Responsible insurance use is key to protecting our shared healthcare benefits
2+ week, 9+ hour ago (563+ words) In many organisations, employees frequently assume that employer-sponsored insurance can support unlimited medical claims without consequence. This is a misguided misconception. The reality is that insurance is a shared ecosystem, and therefore misusing a policy does not just hurt the…...
The insurance workforce gap is already costing carriers renewals
2+ week, 3+ day ago (474+ words) Retiring adjusters and thin talent pipelines are straining carrier teams just as policyholders expect faster, more accurate claims payments A car gets totalled on a Friday night. Saturday morning, the policyholder calls to ask when her claim payment will land....
Why Disney Employees Might Be Seeing MASSIVE Insurance Changes
2+ week, 6+ day ago (310+ words) According to Business Insider, The Walt Disney Company is set to cut medical insurance for spouses, with other coverage options available. Starting next year, the company will no longer offer medical insurance plans to US employees’ spouses if those spouses…...