With the Federal Reserve predicting unemployment to reach 8.8 percent in 2009, jobless workers may need the extra benefits from the American Recovery and Reinvestment Act. But unemployed workers should factor in the tax implications of these benefits to avoid owing at tax time.
“If you’re one of the millions of Americans who are unemployed, an [...]
Responding to growing unemployment and the prospect of increased dislocation, AmWINS Group Benefits announces an expansion of its niche medical health plan offerings today with the launch of AmWINS BridgeCare. The product provides immediate short-term medical coverage for the newly unemployed and others experiencing a lapse in coverage.
With the distress in the investment banking industry [...]
On November 7, members of the United Food and Commercial Workers Union (UFCW), grocery workers and community members—over one hundred people in total—gathered at the Providence PriceRite store on 325 Valley St to reach out to shoppers. Workers handed out flyers to customers and talked to them about the need for good union jobs, especially [...]
ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]
Aetna announced that it has been selected by the National Business Group on Health (NBGH), a non-profit organization of large employers, as a Platinum winner for the 2009 Best Employers for Healthy Lifestyles awards. This is the fourth time in as many years that Aetna has been recognized by the NBGH for its commitment to [...]
The National Federation of Independent Business (NFIB) has officially named EMPLOYERS America’s small business insurance specialist®, its workers’ compensation insurance provider of choice for its 22,000 California members. NFIB selected EMPLOYERS because of its strong presence in California, and its focus and expertise as a specialty writer of workers’ compensation insurance for small businesses.
As part [...]
The ongoing recession is taking a toll on the U.S. workers’ compensation industry, but that bane is not without a boon as well. Job cuts, particularly in construction and manufacturing, are putting downward pressure on revenue from written premiums. “It’s certainly clear that the premium base will be declining,” Harry Shuford, chief economist for the [...]
It’s official: According to the Labor Department, the economy has lost 5.1 million jobs over the past 15 months. As if those numbers weren’t scary enough, the figures show a disturbing trend: The number of long-term unemployed has continued to rise. According to Executive Financial Coach “Chuck” Steege, president, SFG Wealth Planning Services, Inc., senior [...]
Travelers National Accounts announced the availability of CustomComp, a flexible, new alternative in workers compensation loss-cost management. Designed for larger-sized customers, CustomComp can be tailored to key areas in the organization’s claim administration process. With the new product, clients, their brokers and Travelers can more actively participate in the design and delivery of a customized [...]
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced the appointment of Robert G. Purdy to the position of Senior Vice President, Workers Compensation, as part of the ACE Casualty Risk Division. Based in Philadelphia, Mr. Purdy will be responsible for leading the underwriting, marketing, and operations strategies for ACE [...]
