Tag: state of economy

The role of insurance in the economy

Note From The Editor
Insurance Industry Economy

Insurance and economy go hand-in-hand Insurance has managed to attract a lot more attention from consumers in recent years than it had in the past. Many people are now conscious of how insurance affects their lives, but few people are aware of the connection that insurance has with the economy. Indeed, it is more common for people to be aware of how the economy affects the insurance businesses than vice versa. To say that insurance is the underpinning of the modern economy may seem like hyperbole. When put into perspective,…

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The end of the year brings an increase in vehicle sales

Marc

The demand in the American automobile marketplace has risen at a higher rate than was forecasted, as automakers are now aimed at the best yearly performance that it has seen since 2008, having sold 12.8 million vehicles in 2011. At the start of December, consumers have finally started making their way back to vehicle shopping and are seeking models that range from luxury sedans and large pickup trucks to the trendy low fuel consumption hybrids. This has helped to boost the sales in November to the fastest monthly rate since…

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Aetna acquires Omaha’s Payflex. Move may have economic implications

Health insurance giant Aetna Inc. has announced plans to purchase Payflex Holdings Inc., an administrator of health savings and flexible spending accounts in the health care industry. The purchase will set Aetna back by $202 million, but shows that the company has plans to expand their operations despite the changes coming to the industry. The deal may have deeper meaning as well, which may have roots in the state of the economy. Brian Gilbreath, president of the Nebraskan Association for Corporate Growth, says that there is growing confidence in the…

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