Insurance Income: 2014 by the Numbers
The annual ISO — a Verisk Analytics business — and the Property Casualty Insurers Association of America (PCI) report on insurance industry income was released last week. Results for 2014 are mixed and surprising to some.
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Montana: Dangerous Place to Drive
The PIA Western Alliance state of Montana is one of the most dangerous states in which to drive. This scary statistics is from a report generated by the National Highway Traffic Safety Administration's (NHTSA) Fatal Accident Reporting System.
Executives Vacation — Or Do they?
It's vacation season. Many of you are executives or agency owners. So your responsibility is high and sometimes there is so much to do that it’s scary to leave the office for an extended amount of time.
Or maybe it's always scary.
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SEC: Brokerages & Small Business Cyber Targets
The Securities and Exchange Commission just released some disturbing information. It found independent insurance agents working with brokerages and/or financial advisory companies ought to consider picking up a cyber liability insurance policy.
An End to WYO Flood Insurance
Superstorm Sandy's claims handling and — as New York Democrat Sen. Charles Schumer contends &mdaszh; its "widespread fraud" and "unjust denials" has some in Congress thinking changes are in order.
Those changes would end letting private insurance carriers from writing and servicing policies.
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San Andreas the Movie: Can it Really Happen?
The movie San Andreas took in over $54 million at the box office last weekend. It stars former wrestler Dwayne Johnson — aka The Rock — as a helicopter rescue pilot who goes from Los Angeles to San Francisco during a massive earthquake to save his daughter.
Cynical Employees Earn Less
The American Psychological Association recently published some interesting research on cynical people. They earn less than those that aren't. Olga Stavrova is a researcher at the Institute of Sociology and Social Psychology, University of Cologne, Germany. She published her study in the Journal of Personality and Social Psychology.
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A New Debate Ignites: ObamaCare & Insurer Profits
The rule is the medical loss ratio (MLR). It is part of the Affordable Care Act and says health insurers have to spend 85 percent of premium dollar income on health care and not on profit or administrative expenses.
Do ObamaCare Subsidies & the Economy Matter
Douglas Holtz-Eakin used to run the Congressional Budget Office. He recently did some pontificating on the economics of the Affordable Care Act's controversial subsidies for the conservative think tank the American Action Forum.
The Medicaid subsidies those the U.S. Supreme Court is going to decide upon in a month.
Around the PIA Western Alliance States
Wordplay is always fun. Here are some we recently found on the Internet.
I am neither for nor against apathy.
All I ask is a chance to prove that money can't make me happy.
If the world were a logical place, men would be the ones who ride horses side-saddle.
What is a "free" gift? Aren't all gifts free?
They told me I was gullible and I believed them.
Missed last week's issue? See which articles your colleagues read most.