Unemployment insurance bill to extend the coverage in the works

Unemployment Insurance

This is developing into an effort that has bipartisan support as a Republican senator has jumped on the bandwagon. According to the Rhode Island Democrat Senator Jack Reed, he will be introducing a bill that would extend the long term federal unemployment insurance program by three months, and this proposal has a Republican co-sponsor. The hope is that there will be a procedural vote on this topic as early as January 6. Senator Reed discussed the importance of the unemployment insurance bill, stating that “This is not a program that…

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Federal unemployment insurance benefits collapse

Unemployment Insurance

Legislative inaction could leave people without benefits Some 1.3 million people will lose their insurance benefits at the end of the month due to legislative inaction from the U.S. Congress. Federal lawmakers have declined to renew emergency funding that had been implemented for the federal unemployment insurance program. The benefits provided by this program have provided consumers throughout the country with some degree of financial stability as they look for employment. Unemployment insurance was augmented by emergency funds due to ongoing economic issues throughout the U.S. that made it nearly…

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Unemployment insurance extension sought by Obama from Congress

Unemployment Insurance extension

The president also said that he likes the deal in the proposed congressional budget. United States President Barack Obama has said that while he does like the congressional budget deal that has been proposed, he is also hoping that Congress will allow an extension to unemployment insurance, which is rapidly closing in on its expiry date. The president made a number of statements of this sort when he met with a group of newly elected mayors. He spoke with the mayors from cities across the country on the subject of…

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Unemployment insurance program in Texas swamped with problems

Unemployment Insurance North Carolina

Issues with delayed benefits and overpayments are causing epidemic struggles. The unemployment insurance program in Tennessee is facing tremendous problems as the $1.2 billion system, which is administered by the state’s Department of Labor and Workforce Development. The program is bleeding money through a high trend of overpayments, errors, and fraud. The unemployment insurance program has made $73 million in overpayments as a result of errors and fraud over a period of six years. Auditors in Tennessee have determined that the department’s program internal controls were either not effective or…

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Unemployment insurance plans in North Carolina spark controversy

Unemployment Insurance North Carolina

Lawmakers push changes for unemployment insurance North Carolina legislators have been working on a plan to reduce the benefits people receive through unemployment insurance. A bill has been introduced that aims to reduce the maximum weekly benefits that unemployed people can receive from the state’s unemployment insurance program from $530 to $350. The legislation would also cut down on the maximum duration that a person can receive such benefits from the current 20 weeks to just 12 weeks. The legislation has received criticism from consumer advocacy groups and has now…

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Unemployment insurance bill in North Carolina faces to Senate

Unemployment Insurance

The overhaul that slashes the system’s benefits moved quickly through the House. A controversial unemployment insurance bill that would entirely overhaul the system in North Carolina has now passed through the House and has moved on to the Senate in order to face their scrutiny and debate. The bill includes a number of widespread changes to the benefits that jobless workers would receive. The changes that it would make the unemployment insurance in the state include considerable slashes to the benefits that the jobless would be receiving in the future.…

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New acquisition of Cigna by FirstAssist Insurance Services

As travel has increased by 8 percent, Cigna has seized the opportunity to provide its customers with additional protection against unexpected emergencies while they travel, such as urgent medical situations by acquiring FirstAssist. This acquisition will give a boost to the global footprint made by Cigna International and will grow its affinity partner relationships as it increases the strong distribution expertise and product offered by FirstAssist. FirstAssist Insurance Services was purchased by the Cigna global health services company from Barclays Private Equity. FirstAssist had appeal to Cigna as it is…

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