Millions of employees find health insurance through exchanges

S.Vagus
health insurance news care reform

Accenture report shows that 8 million employees have acquired coverage for 2016 A new report from Accenture shows that health insurance coverage has become more available for many employees in the United States. The report has found that the number of employees using health insurance exchanges to find coverage reached 8 million for 2016 coverage. This is an increase from the 6 million employees that sought health insurance policies through exchanges for 2015 coverage. Many employers are finding it easier to provide their workers with benefits through insurance exchanges. Mid-sized…

Read More

Pet insurance is being used by employers to draw millennial talent

Julie Campbell
pet insurance employee benefits

A number of perks relating to the ownership of cats and dogs are also being used to retain that talent. Businesses that are hoping to appeal to talent in the millennial generation – and to retain them – are starting to offer employees benefits that include pet insurance and other perks that could attract animal owners. Stifel Equity Research data shows that nearly half the workforce will be made of that generation by 2020. Employees within this age group present a whole new range of challenges and needs which must…

Read More

Disasters place more attention on the National Flood Insurance Program

Marc
flood insurance news

Severe flooding has placed more focus on the federal flood insurance program Devastating floods in Missouri and Texas have highlighted, yet again, the problems that exist with the National Flood Insurance Program. In December, floods throughout the Midwest and Southwest caused several millions of dollars in property damage, as well as claiming more than 40 lives. The damage caused by these disasters has added to the financial strain that the National Flood Insurance Program is facing. The federal program is currently $23 billion in debt, with lawmakers failing to resolve…

Read More

Oklahoma’s homeowners insurance sector becomes shrouded in controversy

S.Vagus
Oklahoma earthquake insurance coverage

Homeowners claim that insurers are refusing to cover damage caused by earthquakes Controversy has erupted in Oklahoma’s homeowners insurance sector, and earthquakes are part of the problem. Many homeowners have begun issuing complaints that their insurance providers are refusing to cover damage caused by earthquakes. Oklahoma has been rocked by quakes in recent months, with these disasters becoming somewhat more frequent over the past year. Notably, these quakes may be being caused by injection wells, which are used to extract natural gas from the earth. Even homeowners with earthquake insurance…

Read More

Layoff insurance is thriving in the current economic situation in Alberta

Julie Campbell
layoff employment Insurance Industry - Alberta, Canada

Residents of the Canadian province are paying about $50 per month, per person, just in case. A new form of standalone layoff insurance is increasing in popularity in Alberta, Canada, and this is being seen as a fresh indicator that an economic downturn has made its way into the province. Thousands of layoffs have already occurred in the province, particularly within the energy industry. In response, an insurer is hoping to be able to profit and help people at the same time, providing them with both peace of mind and…

Read More