How to hold a driver responsible for vehicle damage under the Michigan mini tort
If the at-fault driver who damaged your car refuses pay on your mini tort claim, then you have two options for holding the driver accountable: (1) file a claim with his or her auto insurer if he or she has limited property damage coverage or (2) file a mini tort lawsuit against the driver in small claims court.
Under Michigan’s mini tort law, car accident victims can recover a maximum of $3,000 for vehicle damage that is not otherwise covered by insurance from the at-fault driver who caused the crash. (MCL 500.3135(3)(e)) This...
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With the recent FDA approval of the Pfizer COVID-19 vaccine, more companies have announced plans to mandate the vaccine. However, given today’s extremely competitive labor market, some organizations believe a vaccine mandate would further hinder their ability to hire and retain employees. Would imposing a surcharge on health plan premiums for unvaccinated employees be an alternative solution? Before exploring this option, employers need to know the percentage of employees on their health plan to determine the impact.
Legality
Implementing a surcharge on health plan premiums for unvaccinated employees through a wellness program comes with some legal complexities. The design and administration of the program must be carefully considered and reviewed by legal counsel. Some important issues to...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Ceres, a non-profit that leads a national coalition of investors, environmental organisations and other public interest groups working to address global sustainability challenges, has...
RenaissanceRe, the Bermudian global reinsurer, has lifted its third-party investor capital under management in reinsurance joint-ventures and insurance-linked securities (ILS) funds managed by RenRe’s...
Employee Burnout, defined as a syndrome resulting from chronic workplace stress, has reached unprecedented levels globally and in Singapore, unsurprisingly. The state of physical...
The Texas Windstorm Insurance Association (TWIA) is looking at another relatively significant increase in its reinsurance purchase next year, as it projects it may...
If you'll soon secure your own health insurance for the first time, or if it's been a while since you switched coverage providers, there may be insurance terms you aren't familiar with. To help you feel more confident about...
For many people, turning 65 means becoming eligible for
Medicare. However, not everyone will qualify at 65, and there are some factors that can influence your eligibility. In addition to being the appropriate age, you must have worked and...
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With the Affordable Care Act's fate hanging in the balance, California makes a convincing case for its continuation.
Covered California, the state's online insurance...
Thanks to the Affordable Care Act plan, which goes more commonly by Obamacare, millions of eligible Americans have the opportunity to shop for health...
Do you own a small business and employ a group of people? If so, you are likely interested in finding a group health insurance broker to help you find insurance plans that meet the needs of you and your...
Applied Epic® is the world’s most widely used management platform. It allows you to manage and maintain a clear picture of your entire agency across all roles, locations and lines of business, including both P&C and benefits.Our Applied...
The U.S. economy will feel the effects of the coronavirus for the next several months and beyond, with many individuals already feeling the sting in their own wallets. If you are one of 47 million Americans who are expected...
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When it comes to travel, having the right insurance coverage is essential for peace of mind. While traditional...
You don’t need to be a millionaire to leave a meaningful legacy to your loved ones. Here, how to begin thinking of your legacy, and how to begin building it now, in both monetary and value-based waysby Anna Davies...
You can control some aspects of your insurance costs. Your independent agent can help.
Much like the price of groceries and gasoline, insurance premiums are increasing. Especially if you haven’t had a claim, you...
Last Updated on January 25, 2021 by admin
There has been much media coverage of the Supreme Court Judgement made on the 15th January 2021 regarding the FCA Test Case involving some insurers business interruption wordings. Understandably this has caused...
Life insurance can be a valuable part of your business plans.
We recognize and expect changes in the economy, but the uncertainty of those changes calls us to be vigilant in our business continuation...
Last Updated on November 19, 2021 by adminBoshers has donated its £3,750 grant from Ecclesiastical Insurance to The 2 Minute Foundation. The funding will help achieve their aims to see a world without plastic litter and pollution and to...
Sharing a meal from the grill is a great way to kick off the summer this holiday weekend.
Memorial Day traditionally marks the beginning of summer: time to grill on the patio, take the...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
Last Updated on January 11, 2021 by adminNational Lockdown – Stay At HomeOn the 4th January 2021 the Government announced a third lockdown in England to control the rapid increase of coronavirus cases. The devolved administrations in Scotland, Wales...
How to handle common money fights before they ruin your relationshipby Nicole Dieker October 28, 2023 | Money
If you and your partner fight about money, you’re not alone. And if most of your money squabbles are about financial...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Bogle Agency Insurance, Lyndhurst NJ, has been named a “Best Practices Agency” for 2024. This marks the 22nd consecutive year that we have done so, and we join an elite group of independent insurance agencies nationwide. The “Best Practices...
Alright, folks, let’s have a little heart-to-heart about something most people would rather not think about—insurance. I know, I know, it’s about as exciting as watching paint dry, but stick with me here. Because when life throws you a...
Is 1099 exempt from workers compensation insurance in Florida? This is a common question for many business owners in Florida who hire independent contractors. Simply put, most 1099 contractors aren’t required to have workers’ compensation insurance in Florida, unless...
Life Insurance Corporation of India regularly adds more services to its online portal, which are more useful and now very important for the policyholders as they cannot move freely during this pandemic.From 01/07/2020, Life Insurance Corporation of India has...
A side business is a great way to make extra money or pursue your passion before building it into a full-time career. If you are considering starting a side business or are already successful in an endeavor, it is...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Fall is a great time for apple picking, touch football, corn mazes — and flu shots. While flu vaccines are available for multiple months, getting one as early as you can offers maximum protection for yourself and others. If...
In a rapidly evolving job market, sometimes it seems like the only constant is change. We’ve seen once-hot careers displaced by automation, whole industries disrupted by new technology, or job sites moving to other states — or even other...
Uncovering the strategic benefits of a unique approach to risk financing
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As Affordable Housing organizations face their annual insurance renewals, many have been surprised at the level of premium increases they are experiencing. Today’s challenging and volatile insurance...
Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates...
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Medicaid and private health insurance are two types of health coverage that individuals can obtain to help pay...
Highlights
Cost containment in healthcare is a significant concern for small and midsized companies.
Many SMBs are discovering the advantages of transitioning from a fully funded to a self-funded insurance plan.
Self-insured (or self-funded) insurance provides financial control, data transparency, flexible plan...
