Bill Cosby’s insurance company may be required to foot his bill

Julie Campbell
bill cosby lawsuit insurance coverage

A court has now ruled that the insurer will be required to pay for the celebrity if he loses his sexual assault case. Although this year has certainly not been the best one Bill Cosby has ever lived, particularly in terms of the sexual assault allegations that have been placed against him, a recent court ruling has given him a potential financial break as his insurance company will be required to pay for him if he is found to have been guilty of these atrocities. In the sexual assault case…

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Health care costs for employees are 130 percent higher than 10 years ago

G. Turner
Health insurance for small business health care costs

Workers are seeing tremendously higher expenses for their insurance plans when compared to a decade ago. According to a recent data analysis that was conducted by Aon Hewitt, employees working for large and medium sized companies in 2015 were paying an average annual $4,700 in health care costs for their plans. Comparatively, back in 2005, the amount being paid by employees with these health plans was $2,001. Mike Morrow, the senior vice president of Aon Hewitt explained that companies are currently looking for ways to help to keep their costs…

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Vermont businesses continue to face challenges when it comes to health insurance

S.Vagus
Vermont Health insurance exchanges

Small businesses continue to experience frustration with state’s insurance system Businesses in Vermont have been having some issues with health insurance for the past few years. Vermont is the only state where businesses with 50 or fewer employees must purchase health insurance plans through a specially designed exchange marketplace. The marketplace is meant to serve as an effective and efficient way businesses can provide their employees with insurance coverage, but it has been quite dysfunctional for small companies. A new insurance exchange system could be a costly issue for the…

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Crop insurance slashed through legislation for reducing expenses

Julie Campbell
Crop Insurance conservation

Growers may see reduced coverage levels in order to save taxpayers $24.4 billion over a decade. Two state representatives in Wisconsin have now introduced a bill called the Assisting Family Farmers through Insurance Reform Measures (AFFIRM) Act, which will slash crop insurance with the intention of providing taxpayers with savings over the next ten years. In the span of a decade, the insurance coverage cuts will mean $24.4 billion in expenses will be saved. According to farm subsidy program critic, Congressman Ron Kind (D), the crop insurance bill will still…

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Arkansas homeowners may need flood insurance protection

Nordstrom
Homeowners flood Insurance

Arkansas is among five states that have the most land situated in 100-year floodplains Arkansas could be exposed to significant risks related to flooding, and it is not the only state to face such risks. According to the Arkansas Natural Resources Commission, the state is among the top five states that have land situated in 100-year floodplains. In the event of a major flood, such a disaster could have catastrophic consequences for homeowners and businesses. The main problem is that most homeowners do not have flood insurance protection, which could…

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