If you are opening up a small business, you may be wondering if you are legally required to take out business liability insurance. After all, automobile liability insurance is required to legally drive, and homeowner’s insurance is required to own a home. It would make sense that business liability insurance would be required to own a business.
The answer depends on what kind of business it is that you are operating, and where you live. In most cases, it is not legally required to carry insurance. However it may be required, if you are a contractor or working in other kind of construction. You should carefully check into the local laws for your industry to discover what types of liability insurance may be necessary.
Even if there is no legal requirement to buy insurance, though, it is certainly smarter to do so. M Read all post…
Some health care experts believe that health care reform may cause drastic decreases in the amount of employers offering health insurance to their employees. This could end up being disastrous for the millions of Americans who rely on this health insurance to take care of their family. The Obama administration’s chief actuary of Medicare currently estimates that over 14 million people could lose their health insurance coverage through their jobs over the course of eight years according to the article “Watch for Dramatic Declines in Employer-Provided Health Insurance” by US Rep John Barrasso on JuneauEmpire.com.
Whether or not this ends up happening, it’s causing concern across both party lines. The Serv
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Insurance can be sexy! Well in Germany anyway!
The UK has just introduced new bribery laws and one area that could fall foul of this, is that of corporate entertainment.
Well certainly not in Germany, and especially if you work for Munich Re, one of the worlds largest reinsurance companies who threw an orgy in a spa baths complete with prostitutes for all its major clients and top staff, according to a report on Radio 5 of the BBC!
One of Munich Res divisions, Ergo, told the BBC that the party had taken place to reward salesmen in 2007.
A spokesman said the people who organised it had since left.
The gathering was held at a thermal baths in the Hungarian capital Budapest as a reward to particularly successful salesmen.
Whatever they liked
There were about 100 guests and 20 prostitutes were hired.
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More and more people each year are passing up their important annual dentist visit, and fear isn’t the only reason. Millions of people are struggling to afford a simple cleaning at the dentist during these tough economic times, and many health insurance companies do not offer dental coverage which needs to change. Oral health is just as important as overall health since a link between the two has been shown.
The article “Report Offers Ideas for Improving Access to Dental Care” by Jenny Gold on LATimes.com, 4.6 million children did not make it to the dentist in 2008 because their parents could not afford the cost. Only about 38% of retired people had dental coverage even with Medicare. The goo
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A group of state insurance regulators with the National Association of Insurance Commissioners (NAIC) voted earlier to endorse new legislation that would preserve health insurance broker sales commissions and benefit insurers, potentially at the expense of consumers. Some experts believe this legislation could cost consumers billions in higher health insurance costs and lost rebates offered under health care reform.
Proposed in Congress as Bill HR 1206 (Rogers) could change federal health care reform and allow health insurance companies to exclude broker commissions from their administrative costs when they determine how much they spend on health care.
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