The CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility) has paid the Government of Panama US $26.7 million after the countries parametric rainfall insurance policy was triggered following a recent severe event, which takes payouts made for the current policy year to almost US $118 million.The rainfall event affected Panama between October 31st and November 4th 2024, causing landslides, flooding, fallen trees, the collapse of some bridges and loss of crops while 1,500 people were negatively affected, and 11 people lost their lives due to heavy rains this month.
As with every parametric insurance payout CCRIF has made, the funds were transferred to the...
If you have a medical emergency, healthcare providers can’t turn you away without essential services if you don’t have medical insurance. The
Emergency Medical Treatment and Labor Act (EMTALA) requires healthcare facilities to provide essential lifesaving services to anyone with a medical condition, no questions asked.However, after fulfilling this legal obligation, a healthcare provider will require payment. If you don’t have healthcare coverage, the hospital will bill you for every service provided. They will need you to foot the hospital bill, covering everything from doctor’s fees to medical costs. With a healthcare plan to cover some of these services, the bill from even the shortest emergency...
Welcome, friends! Today we’re diving into a topic that may not seem as exciting as winning the lottery but is far more reliable: insurance. Now, before you...
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...
Uncovering the strategic benefits of a unique approach to risk financing
Save as PDF
As Affordable Housing organizations face their annual insurance renewals, many have been...
Employee Burnout, defined as a syndrome resulting from chronic workplace stress, has reached unprecedented levels globally and in Singapore, unsurprisingly. The state of physical...
Save as PDF
The U.S. Department of Labor (DOL) has issued revisions to regulations that implement the paid sick leave and expanded family and medical...
You may still be working, whether by choice or as a matter of necessity when you become eligible for Medicare at age 65. Depending on your situation, you may have different options available from a health insurance broker Santa...
Wildfire smoke presents significant health hazards due to the deterioration of air quality. People do not have to be in a high-risk health category to be affected by unhealthy levels of particulate matter and other compounds generated by fires. A...
Enjoy exclusive access to our content
Get an online subscription and you can unlock any article you come across, getting instant emails when our site updates, too.
KatRisk, the catastrophe risk modelling software provider and the third-party risk modelling agency for the NFIP’s FloodSmart Re catastrophe bonds, has been acquired by...
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage”...
A strong benefits package is critical to your company's ability to thrive in the market. When you hire a health insurance broker, you are hiring an intermediary between your company and the insurance provider. How you spend your company's...
Highlights
Turnkey health insurance offers your business a customizable solution for high-quality healthcare coverage that gives more flexibility and control over plan benefits while eliminating the high costs and complex management of traditional health plans.
Roundstone’s turnkey approach to self-funding, powered...
This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out...
What You Should Know
National General offers discounts for safe drivers of up to 23%
Save with Nat Gen’s anti-theft, low mileage, and safe driving discounts
Policyholders who use an app to monitor their driving behavior can save
Does National General offer safe...
New Jersey Doesn’t Require Boat Insurance. Get it Anyway.May 26, 2022May 26: Closing at 12:00pmMay 25, 2023
Capt. Richard I. Risely, Union Army, Civil War. He is Tim Glenn’s Great, Great Grandfather.
We at Glenn Insurance support our men and women...
Yes, eating well without breaking the bank is possible. Here’s how to do itby Virginia Anderson October 25, 2023 | Wellness
A trip to the grocery store probably feels a little different today than it did a few years...
Your agent is best positioned to advise you when they have all the facts.
Your local independent insurance agent is prepared to create a personalized coverage plan tailored to meet your and your family’s...
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...
(From left to right: Michael F. Thomas, Executive Vice President, Glenn Insurance; Susan Sykes, Senior Commercial Lines Underwriter, Glenn Insurance; Tim Glenn, President, Glenn Insurance; Claudia Ratzlaff, CEO, Avanzar; Cheryl Tamasitis, Associate Vice President, Nationwide; and Ross Setlow, Territory...
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...
“The boat is safer anchored at the port, but that is not the aim of boats.”― Paulo Coelho, The Pilgrimage
Did you know that you are not required to have boat insurance to operate a vessel on the water in...
Whether you’re planning an international vacation or taking the kids to see their grandparents, here’s how to book the best possible tripby Nicole Dieker October 30, 2023 | Money
The holidays are nearly upon us, which means it might...
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...
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...
If you are a snowbird that heads south for the winter, there are several key things you can do to help winterize your vacant home. Taking the right winterization steps can help protect your home from theft, water damage, heating or...
We exchange gifts with our loved ones, colleagues, and associates during the holiday season. It’s often a fun and joyous time, but sometimes, despite careful selection and preparation, the bought gifts cannot and do not delight recipients. We sometimes...
Buying is changing.
If we examine what is happening in retail, we can get a glimpse of what customers will be wanting in insurance. Coming to big box stores or a grocery store near you — pick up your item, scan...
April is Alcohol Awareness month, bringing attention to the devastating impact of impaired driving. It's alarming that 32 lives are lost daily in the U.S. due to crashes involving alcohol-impaired drivers. By planning ahead and utilizing the plethora of...
img#bf_image-6736b09acb6a1 {
width: 1600px;
}@media screen and (max-width: 768px) {
img#bf_image-6736b09acb6a1 {
width: 100vw;
}
}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...
In today’s world, home security has become a top priority for homeowners looking to protect their property and loved ones. With burglaries and home invasions a constant concern, investing in a reliable home security system can provide invaluable peace...
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...
Your health coverage is important to you. If you reside in the state of California, you may be wondering if your
Medi-Cal coverage will continue. If your coverage is ending, the important thing to remember is that you do...
It is nearly seven months into the coronavirus crisis in the U.S. and, according to the CDC, almost 1.7 million citizens have contracted the disease. This is just the number of reported cases. It does not include those that...
Save as PDF
On May 18, 2021, the IRS issued Notice 2021-31, a guidance document on the American Rescue Plan Act (ARPA) subsidy for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). The Notice discusses...
Save as PDF
The affordable housing community, specifically HUD Section 202 for elderly housing, is experiencing an avoidable crisis. This crisis originates from the expanded scope of service and responsibility placed upon affordable housing organizations by the U.S. Department of...
Highlights
Turnkey health insurance offers your business a customizable solution for high-quality healthcare coverage that gives more flexibility and control over plan benefits while eliminating the high costs and complex management of traditional health plans.
Roundstone’s turnkey approach to self-funding, powered...
April is Alcohol Awareness month, bringing attention to the devastating impact of impaired driving. It's alarming that 32 lives are lost daily in the U.S. due to crashes involving alcohol-impaired drivers. By planning ahead and utilizing the plethora of...
