Small businesses could face financial hardship because of the Affordable Care Act

Business Insurance

January 1, 2014 is when the majority of the regulations that make up the Obama administration’s landmark health care reform bill known as the Affordable Care Act go into effect. President Obama enacted the ACA as a way to insure that all Americans would receive health care coverage that’s both affordable and comprehensive. In addition to putting health insurance within the grasp of many Americans, the new regulations bar insurance companies from denying coverage to anyone seeking it, or charging more because of age, gender, or medical history. Without a…

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New salon insurance options available for this unique industry’s needs

salon insurance

Small business insurance for owners, manicurists, pedicurists, aestheticians, makeup artists, and independent contractors. Online insurer, Business Insurance USA has announced that they will now be offering a unique kind of salon insurance coverage for these owners and the specialists who work within them, in order to protect their assets and financial futures. This form of specialty small business insurance is nothing new for the company, which is known for its individualized policies. The policies were created in order to meet the unique needs of the individuals and companies within this…

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Senate Health Committee passes SB 1431 with the praise of Insurance Commissioner Jones

California life Insurance Commissioner Dave Jones

Insurance Commissioner Dave Jones has announced the passage of a bill for the regulation of stop-loss coverage to small businesses. Jones has given his applause for this change to the California insurance industry, as the state Senate Health Committee passed SB 1431, which places a minimum number of aggregate and individual attachment points and which bans the exclusion of workers on the grounds of health status during the sale of stop-loss coverage for self-insured employers of 2-50 people. The bill passed by a 5 to 3 vote. It was authored…

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Business insurance tips for small company startups

Business Insurance

Affordable business insurance can provide significant financial protection for startups. When starting a small company, it is important to look into the types of business insurance that will be required to help you to mitigate risk and protect the financial future of your organization, no matter its size. There are certain types that will be very useful for making sure that you will be covered against a number of different potential circumstances, though there are also forms of coverage that you may not require. As you consider the various forms…

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Identity Fraud, Inc. insurance news made with launch of new small business product

Identity Theft Insurance

Identity Fraud, Inc. used the 2012 ETA Annual Meeting & Expo as the venue for the announcement of its latest insurance news, with the unveiling of its SB Core Protector product. This new product is designed to combine the “top ten” solutions for data theft risk management for small businesses, for preventing, resolving related issues, and providing vital insurance resources. It offers its policyholders five prevention components for security risk in a layered, proactive way. It also offers three forms of insurance against data theft, as well as two services…

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What type of insurance coverage should small businesses consider?

Basics of commercial insurance coverage plans Proper insurance coverage is important for companies of all sizes, but when it comes to shopping for policies, small business owners often struggle to know what they should be buying. This is because there are several different types that should be considered and that may need to be covered. It can be vital to the financial security of a small business that it covers itself against the main risks involved in the ownership of that business. The right policy will make the difference between…

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Agents ask lawmakers in Missouri to exert caution in workers’ compensation changes

Missouri Workers Comp news… Agents have been warning lawmakers in Missouri to use caution as they consider making changes to the workers’ compensation firm created by the state, and which has received criticism from the state auditor for having taken advantage of a federal tax exemption as it spent large amounts on its own perks. A Senate committee has already endorsed the legislation which would establish a special panel that will examine whether or not the Missouri Employers Mutual Insurance Co. law from 1993 needs to be altered. This research…

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