Health Plans That Satisfy Employers

24-06-2011

Tagged Under : Satisfy, Satisfy Employers

As the health care market faces uncertainty, it may be more important as ever for health insurers to satisfy customers. According to a recent J.D. Power study, specific service actions have a particularly strong effect on raising employer satisfaction with health plans:

Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends.

• Ensuring that the insurance carrier representative understands the employer’s specific business needs

• Providing customized cost management solutions

• Processing claims accurately and efficiently

“J.D. Power and

Full Article…

A Brief History of Insurance: Part 2 Early Marine Insurance

22-06-2011

OK, so in the first article in this series we discovered that whilst those amazing Chinese chaps were out inventing everything and anything, they put together the worlds first ever risk management systems.

Full Article…

IBM Launches First Netezza Appliance Since Acquisition of SPSS

22-06-2011

Tagged Under : Appliance, Appliance Acquisition

IBM delivered its first appliance from Netezza since acquiring the analytic database and data warehouse provider 10 months ago.

Like what you see? Click here to sign up for Insurance Networking News weekly newsletter to get the latest on breaking industry news, carrier technology implementations and developing business and technology trends.

The new IBM Netezza High Capacity Appliance is geared up for analytics across large data sets, with data trend recognition across data sets, analysis of up to 10 petabytes of data in minutes and workload optimization based on IBM’s BladeCenter technology, according to an IBM announcement. T Full Article…

Q&A: Little-known facts that can affect home insurance rates

21-06-2011

Tagged Under : Home Insurance, Home Insurance Rates, Insurance Rates, Rates

When you are comparing home insurance rates, it is important to understand all the factors that go into your insurance quote. Here are some little-known items that impact your homeowners insurance premiums.

Dogs

Because of the risk of a dog bite, the presence of certain types of dog breeds in your home could raise your rates. If the dog you own is from a breed that has a history of aggressive behavior (pit bulls, rotweillers, etc.) then your homeowners insurance company may charge you more, even if your dog has never had an aggressive incident.

Pools

Pools add additional liability and expense to a homeowners insurance policy. Be sure to keep your pool area fenced in to help control insurance costs.

Flooding

Floods are not covered under a homeowners insurance policy.

Full Article…

Medicare History

19-06-2011

Tagged Under : Medicare, Medicare History

Medicare, to put it simply, is a social insurance program in the United States that is financed by the United States government. It provides health insurance coverage to people who are aged 65 and over, and meet other criteria.

Do you know who signed the amendment for medicare? That would be President Harry S. Truman. Truman also possessed the first medicare card. President Lyndon B. Johnson enrolled former President Truman as the first Medicare beneficiary. Harry S. Truman was born on May 8, 1884, and died December 26, 1972. He was 88. He was the 33rd President of the United States . Harry S. Truman was born in Lamar, Missouri.

Full Article…

Detroit drivers could soon see cheaper auto insurance rates

19-06-2011

Tagged Under : Auto Insurance, Auto Insurance Rates, Insurance Rates, Rates

Michigan Senator Virgil Smith is looking to help some Detroit residents lower their auto insurance rates drastically by introducing new legislation that would allow certain drivers to obtain scaled-back policies and thus cheaper coverage.

Under the new legislation, drivers with a clean record (i.e. no points in the last three years) who earn less than $30,000 per year and drive a car worth $20,000 or less would be eligible to obtain auto insurance with lower minimum requirements for personal injury protection (PIP) coverage.

The lower minimum requirements would drive down the cost of the insurance policies and would make securing coverage more affordable for many Detroit residents.

Full Article…