Insurance companies continue to pay out higher and higher amounts on insurance claims. Due to their increased costs, they will increase premiums as a whole to off-set the trends on their losses. Based on predictions of increased costs and claims, Willis Towers Watson is suggesting a significant rise in insurance premiums. General Liability could see […]
News / Links
We understand that knowledge is key to making informed decisions about your needs. We have provided this page as a resource tool to support our clients by providing valuable news articles on current insurance related topics as well as links to industry related sites. We trust that you will find this as informative and beneficial as we have.
Assurance Brokers is recognized as an expert in the insurance industry. Many times we are asked for opinions, and our professionals are published in industry-leading publications. On some occasions we also author and distribute white papers or informative letters to clients and referral sources. A select group of these items is presented below, along with additional articles of interest.
A Thank You…
As the year is coming to an end and we reflect back on 2019, we are thankful for each of you placing your business with Assurance Brokers Ltd. We hope that you have had a successful year for your company and the year brought you growth, experience and new business relationships. 2020 brings Assurance Brokers […]
Should “Primary and Non-Contributory” wording “Disappear”?
Is adding “Primary and Non-Contributory” wording to your policy a good idea? Check out this article from Insurance Journal on why some think this requirement should “Disappear”.
Two largest Obamacare co-ops fold, 400,000 left without insurance
by Caitlin Bronson More than 400,000 Americans are now without health coverage as the insurance cooperatives created under the Affordable Care Act continue to fail. Two more co-ops closed their doors this weekend – the Kentucky Health Cooperative, which served 51,000 members, and Health Republic Insurance of New York, with 215,000. The announcements follow those of […]
Missouri Department of Insurance encourages impacted businesses in the St. Louis area to contact their insurance companies immediately
Business owners with insurance questions can also contact department for assistance Jefferson City, Mo. – The Missouri Department of Insurance encourages business owners in Ferguson and the greater St. Louis area, who have sustained property damage, to contact their insurance companies as soon as possible. The department is currently making preparations to send a team […]
New OSHA Requirements
OSHA announces new requirements for reporting sever injuries effective January 1, 2015. OSHA has also updated the list of industries exempt from record-keeping requirement. New Requirements for Reporting Severe Injuries in the Workplace * Employers will be required to notify OSHA of work-related fatalities within 8 hours. * Work-related in-patient hospitalizations, amputations or loss of an eye must […]
OSHA Revises Reporting Rule of Worker Injuries
The U.S. Occupational Safety and Health Administration (OSHA) has issued a final rule requiring employers to notify OSHA when an employee is killed on the job or suffers a work-related hospitalization, amputation or loss of an eye. Under the revised severe injury rule, employers will be required to notify OSHA of work-related fatalities within eight […]
NAWIC Block Kids Set for Feb. 7
Elementary students will have the opportunity to learn about opportunities in the construction industry while showcasing their creativity at the Block Kids program sponsored by the National Association of Women in Construction – St. Louis Chapter (NAWIC). The Block Kids program will be held on Friday, February 7, 2014 at the Green Park Lutheran School […]
New Forged Chubb Bonds Discovered, With Mounting Losses
By Richard Korman from ENR. COM In a coast-to-coast internet-and-telephone crime spree, alleged forgers who had websites that made them appear to be individual sureties have spread fake Chubb completion bonds across the U.S. Twenty-two contractors in nine states have lost a total of more than $3 million paid to two men with addresses in Georgia, […]
From CNBC: Aetna CEO: Why insurance will be costing more
Published: Tuesday, 29 Oct 2013 | 4:13 PM ET By: Ismaela Best, News Associate Aetna CEO on why health plans are expensive Tuesday, 29 Oct 2013 | 4:00 PM ET Aetna CEO Mark Bertolini lists three reasons why new health care plans created to meet Obamacare minimum standards are more expensive than some older plans. […]
