The right accounting software for insurance companies should make it possible for users to focus on their core business, without being held back by any sort of accounting issues. Looking for a solution that caters to the unique needs of insurance companies is much better than going with general accounting software. With that in mind, Sage 50 is a great accounting solution for insurance companies due to a number of important reasons. Continue reading below to find out more about the main advantages of this accounting solution for insurance companies. …
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New crop insurance program to protect Indian farmers from cost of damage
The new strategy will be launched early in 2016 and will use technology to assess damage to fields. In what might turn out to be the first major step taken by Indian Prime Minister Narendra Modi in addressing rural struggles, a crop insurance program is set to launch in early 2016 in order to help to protect farmers against the costs of damage to their fields and, therefore, their revenues. The program will use technology such as drones in order to conduct more accurate damage assessments. Over the last few…
Read MoreNew insurance program pilot being tested on WV livestock farms
The goal of this new strategy is to be able to offer producers in the state a way to mitigate financial risk. A group of West Virginia livestock producers are now taking part in the pilot of an insurance program that has been designed to help them to be able to mitigate certain financial risks that they have been facing. The program is based on an effort to broaden the information available to help when making payments. The Rainfall Index Pasture, Rangeland, Forage insurance program bases its payments on a…
Read MoreHealth insurance program at University of Central Arkansas to change
The board of trustees at the college has voted to alter the design in order to become a self-insured model. The board of trustees at the University of Central Arkansas has now put the school’s health insurance program in the spotlight as it will be changing the current design for employees to one that is based on a self-insured model. The changes that have been made to the coverage program will go into effect in January. When the insurance program changes were put to a vote, they were passed unanimously…
Read MoreThe terrorism insurance law’s expiration boosts uncertainty
The federal program could end at the close of 2014, causing costs in commercial real estate to spike. The federal terrorism insurance is on the cusp of expiring and many in the industry are now cautioning that if it is allowed to be eliminated or scaled back, this could cause costs in commercial real estate to take off in an unprecedented way. The federal Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) expiration could lead to liquidity risks. Reports are showing that terrorism insurance continues to play an important role, which…
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