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The ACE Group

A global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group conducts its business on a worldwide basis with a physical presence in 53 countries.

 

PIA National's continued push for agent use in Obamacare exchanges
PIA National is emphasizing what you already know. Survey after survey says people are totally confused about the Patient Protection and Affordable Care Act — ObamaCare — and how it is impacted by the new law.
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 Around PIA Western


PIA Western Alliance promotions
PIA Western Alliance Executive Vice President Clark Sitzes said the association has promoted Kim Legato to Vice President of Non-Profit Operations and Sue Smith to Vice President of For- Profit Operations. The promotions are effective immediately.
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PIA Western Alliance's newest staff member: Welcome Michele Cowles
The PIA Western Alliance welcomes our newest staff member Michele Cowles. Her official title is Commercial Lines Agent. Michele will be quoting, underwriting and servicing commercial insurance for PIA member agents and agencies. She will be assisting with writing broader lines of insurance as well.
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 News You Can Use


Policy management systems: Prepare for tomorrow
Insurance Networking News
When insurance first began, life was simpler. The risks that insurers covered were few compared to today. As for policy management, well, there were no computers or technologies used. A man, a plume and a ledger book managed what data existed.
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The most important employment documents
By D. Albert Brannen
Employment litigation can be expensive and time-consuming. An employer’s success or failure in defending itself can turn on the law or the facts. Employers cannot do too much to change the law that applies to any given case. But, experience shows that employers can do a lot to shape the facts and to improve their position in employment litigation. Most of the time, this shaping of the facts depends on the documentation. Moreover, while the particular facts may be different from case to case, the same types of documents are at issue in nearly every employment law case.
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Annuity carriers turning to business intelligence in 'hyper-competitive market'
Insurance Networking News
The individual annuity market continues to be hyper-competitive, with technology playing an ever-larger role in insurers' ability to attract, retain and profitably serve clients, according to a new market trends report from Novarica, titled "Business and Technology Trends: Individual Annuity."
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 Industry News from PIA Western Alliance


Doctors and Obamacare: A failing grade
A large number of the nation's physicians will tell you that health care reform is necessary. Early on many of them were very happy about the idea of the reform ideas that led to Obamacare. They don't — however — like the result of those reform ideas.
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Obamacare and jobs: The administration reacts
For the last couple of years supporters of the Patient Protection and Affordable Care Act have heard nothing from detractors but how bad ObamaCare is for business and the economy. Many groups — and employers — say they’re not hiring because of the cost of providing the required health care coverage to employees.
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Washington Supreme Court: Important insurance decision
In a just issued decision, the Washington Supreme Court upheld current state statutes and said insurance companies are liable for the legal action of agents selling their products. It's a decision based on insurance laws that were violated in 2006 and 2007 by Land Title Co. of Kitsap County who represented the Chicago Title Insurance Company.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    PIA and Obamacare navigators (PIAW)
An amazing feat — NIPR active in all 50 states (PIAW)
Mary 'Lisa' Hargis: PIA says goodbye to a longtime friend (PIAW)
The most liked, shared insurers on social media (Insurance Networking)
E-signature implementation checklist (Insurance Networking News)

Don't be left behind. Click here to see what else you missed.


Insurance rates: Up in US, down worldwide
Marsh's quarterly Marsh Risk Management Global Insurance Index said the United States is the only region in the world seeing excellent rate increases for insurance renewals. Most of the hikes came in professional and financial institution liability. Across all lines of business the increase is an average of 1.6 percent. The biggest hike is in D&O at 8 percent.
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We already knew: Insurance regulatory system worked perfectly during financial crisis
Those in the insurance industry knew the conclusion of a new Government Accountability Office study years ago. Those conclusions come up whenever someone wants to introduce legislation to give the federal government regulatory control over insurance.
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Record number of young adults live with parents
We all know the economy is bad and the unemployment rate for young adults 18 to their early 30s is high. In 2012 just 63 percent of millennials had jobs. In 2007 the number was 70 percent. The 37 percent unemployment rate is huge.
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Looking for similar articles? Search here, keyword UNEMPLOYMENT.


FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Gmail segregates 'promotions': Why this won't slow down the email-marketing machine
TIME
Gmail's new tabs system separates marketing messages into a "Promotions" box, making it easier than ever to ignore email ads. Yet one theory holds that Gmail's new design could actually make email marketing more effective.

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E-signature implementation checklist
Insurance Networking News
The technology, legal framework and customer expectations have reached a point where carriers need to implement e-signature capabilities, according to Novarica.

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How health law could affect medical professional liability
Insurance Journal
The U.S. medical professional liability market has been profitable in recent years but challenges await MPL insurers because an influx of newly insured patients, coupled with health care delivery system changes, could expand the risks MPL insurers face.

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Obamacare exchanges and comparison shopping
PIA National reports that not all of the new online health insurance exchanges scheduled to be operational on Oct. 1 will allow consumers to comparison shop health insurance plans. Some states are delaying online tools that could make it easier for consumers to find the right plan.
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Dodd-Frank, AIG and a lawsuit
The Dodd-Frank Act has made some serious changes in banking. Insurers operating banks and banking services have also been impacted. Many — like MetLife, The Hartford and Allstate — have begun limiting their banking services.
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Bernanke should testify in Greenberg AIG suit
Former AIG president and CEO Maurice "Hank" Greenberg is suing the federal government over its bailout of AIG in 2008. He wants Federal Reserve Chairman Ben Bernanke to testify in the suit. The government doesn't want that to happen.
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Insurance P&L: A pretty good 2nd quarter
The second quarter of 2013 was pretty good for insurance companies in the U.S. That includes AIG who issued its first dividend since the bottom fell out of the company and the economy in 2008.
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PIA Weekly Industry News
Colby Horton, Vice President of Publishing, 469.420.2601
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Rebecca Eberhardt, Content Editor, 469.420.2608   
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Gary Wolcott, Writer for PIA Western Alliance, 503.724.9028   

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