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Does Your Insurance Program Cover All Insurance Requirements in the Contracts You’re Signing?

AssuredPartners

A great question to stop and ask yourself - how certain are you that in the event of a claim your insurance program will trigger coverage? But, if you aren’t checking your insurance program’s fine print ahead of signing a contract you may be signing something that could be the beginning of a major problem later on.

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The Two R’s Impacting Your Insurance Premiums: No This Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Below is a graph demonstrating reinsueres profitability since 2010.

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The Two R’s Impacting Your Insurance Premiums: No This Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Below is a graph demonstrating reinsueres profitability since 2010.

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The Two R’s Impacting Your Insurance Premiums: No This is Not a Recession Article 2023

Assurance Agency

January 2023 saw the greatest shift in decades within insurance pricing and contract terms. Reinsurance is used by insurance carriers as a way of spreading risk and smoothing losses. Without it, they could not reasonably price your insurance. Below is a graph demonstrating reinsueres profitability since 2010.

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Not A Violation of Public Policy

Workers' Compensation

In addressing the public policy argument, the Court interpreted the insurance policy's language by the insurance carrier, who asserted that it had no duty to defend under the employer's liability insurance policy with Hartford Underwriters Insurance Company. DELTA PLASTICS, 911 A. O'Gorman & Young, 911 A.

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Management of Resident Transportation Services

AssuredPartners

In 2010, the CDC conducted a National Survey of Residential Care Facilities and found that only 4% of residents continued to drive. Aging adults still enjoy shopping, need to attend appointments, and travel to various attractions and activities away from their senior living or skilled nursing facility.

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Medical Plans Have PCORI Fee Extended 10 Years

Fringe Benefit Analysts

When the Affordable Care Act (ACA) was signed into law on March 23, 2010, it included a provision that provided funding for medical research and established the Patient-Centered Outcomes Research Trust Fund (PCORTF). Also known as a PCORI fee, it had a sunset date on a group’s medical plan anniversary date in 2019.

Medical 52