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Written by U.S. Insurance News
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Sunday, 24 August 2003 |
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This month, Safeco Life is introducing the Select Benefits Indemnity Plan in the state of Washington. Select Benefits Indemnity Plan is a group supplemental life and health insurance product designed for companies with at least 51 full-time employees, but that employ predominately part-time, hourly, seasonal or temporary employees. Some of the industries that find the product attractive include agriculture, health care, hospitality and employee leasing firms.
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Written by U.S. Insurance News
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Sunday, 24 August 2003 |
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In a year when U.S. companies and their employees continued to struggle with double-digit health cost increases, Humana Inc., a recognized leader in innovative health benefit programs, has released results showing that the first 12 companies to use its next-generation SmartSuite health plans experienced only single-digit increases that are less than half the national average. These companies, which include about 28,000 members in several Humana markets, have seen their claims costs rise an average of only six percent in the course of the past 12 months — 60 percent less than the national average increase of 15 percent. This represents an aggregate savings to these 12 companies of more than $9 million.
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Written by U.S. Insurance News
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Sunday, 24 August 2003 |
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The Institute for Business and Home Safety is making access to disaster protection information easier with the next generation of its Web site, www.disastersafety.org. IBHS, a national nonprofit initiative of the insurance industry, is dedicated to protecting homes and businesses from natural disasters as well as certain everyday events like water damage. The latest enhancements to the IBHS web site allow more efficient access to property protection tips on hurricanes, tornadoes, wildfires, floods, hail, earthquakes and freezing weather, as well as to related news headlines, IBHS publications and other pertinent information. A new section on flood risks and levees is also available.
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Written by U.S. Insurance News
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Sunday, 24 August 2003 |
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Mutual of Omaha Chairman and CEO Jack Weekly on Aug. 20 announced that Daniel P. Neary has been appointed president of Mutual of Omaha and United of Omaha. Mutual’s board of directors made the appointment Tuesday at its quarterly meeting. Neary was also elected to the board of directors. "Mutual of Omaha is blessed with exceptionally strong leadership throughout the organization, so we were not at a loss for strong candidates, “ Weekly said. “Dan's experience, business acumen and record of success make him uniquely qualified. I look forward to working closely with him and his management team as we position Mutual of Omaha for its greatest success ever."
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Written by U.S. Insurance News
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Sunday, 17 August 2003 |
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In May 2001, The Progressive Corporation became the first publicly held company to issue operating results monthly. Now, more than two years later, it is still the only such company reporting monthly results and, with its July 2003 monthly results to be released tomorrow, Friday, August 15, 2003, Progressive will become the only publicly held company to report earnings per share monthly. The Company will also begin reporting repurchases of its Common Shares each month. |
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