Unemployment to hit North of UK First warns Specialist Insurer

07-08-2010

Tagged Under : First Warns, Specialist

As the CON DEM coalition Government budget deficit cutbacks begin to take effect, Insurance Blog asked one of the UK’s  leading Unemployment Insurance specialists to look at where the cuts are going to be made and who is going to suffer……….

UK Government Cutbacks Will Widen the North-South Divide

News of job losses continues unabated. Not so much for those employed by the house builders or major financial institutions, but further down the economic food chain. Those companies such as fashion house Ethel Austin with 300 stores predominantly in the North of England. They called in the receiver in February 2010 and have since set about closing 120 stores and issuing 1800 redundancy notices. They, li

Full Article…

Effects of Healthcare Reform to Tanning Salons

06-08-2010

Tagged Under : Effects, Effects Healthcare

Many people are now probably wondering what would be the new health care bill effects. As the Senate says the bill comes with innovative taxes to cover the cost of the national deficit, what then would be affected? Actually, this would disappoint the regular customers of tanning salons.

Additional tax rates have now been imposed to tanning salons. That means tanning salon owners have no choice but to increase the rates of their services and some products just to cope with their expenses.

Full Article…

Halvorson pushes for life insurance companies to disclose investments to the families of lost soldiers

03-08-2010

Tagged Under : Insurance Companies, Life Insurance, Life Insurance Companies, Soldiers

Bloomberg is reporting that this past week, Illinois Democrat Debbie Halvorson urged Congress to step in and regulate how life insurance companies handle the policies of soldiers lost in war.

As it currently stands, companies are not required to inform the families of the deceased exactly how funds are invested. Benefits they are entitled to are also often kept undisclosed.

On July 30, Halvorson introduced new legislation that would force life insurance companies to disclose to families how soldier benefits are going to be invested after the insured dies, according to Bloomberg. Full Article…

11 Insurers Announce Q2 Results

01-08-2010

Tagged Under : Announce Q2, Results

A number of insurers have begun to release their financial results for Q2 2010. The following is a compilation of their announcements:

 

Aon Corp. 

Aon Corp. reported results for the second quarter ended June 30, 2010. Total revenue increased 1% to $1.9 billion with a decline in organic revenue of 1%, the company says.

Net income attributable to Aon stockholders was $153 million or $0.54 per share, compared to $149 million or $0.51 per share for the prior year quarter. Net income attributable to Aon stockholders from continuing operations increased 22% to $179 million or $0.63 per share, compared to $147 million or $0.50 per share for the prior year quarter. N

Full Article…

Police Records Searchable via Online

01-08-2010

Tagged Under : Police, Police Records

When there is a civil trouble or problem, people would usually turn to those policemen for the solution or perhaps to gather information about that event. That is why it is not hard for people to trust on the reliability of these Police Records if there’s a need to check on the background of a particular person to find out if he had bad records or none.

It has been said that when you search for these police records, your time won’t be wasted because in one way or another, it will reveal new and relevant things to you about a particular person. In this record, you will find out all of those incidents when the person deals with a police. Tha

Full Article…

Life insurance policies may conflict with refinancing

01-08-2010

Refinancing seems like a great idea for home owners looking to shave hundreds of dollars off of their monthly bills and put it into savings.

However, a growing problem exists within the mortgage market involving the mortgage refinancing process and life insurance policies.

Many people saving for retirement fail to recognize that refinancing may result in an extension of a mortgage. For those who only take out life insurance that lasts up until retirement, this can conflict with mortgage bills that continue to come in.

“Homeowners often buy term life insurance designed to pay off their mortgages in the case of an untimely death,” says Gary Lardy, CEO of IntelliQuote Insurance Services.

“As most people envision that they’ll have their mortgages paid off by age 65, many acquire a policy that covers them up to that age. A Full Article…