Ohio-based Great American Insurance has chosen Compliance Assurance Corporation’s (CAC) Comply On Demand Enterprise (CODE) to mitigate enterprise-wide regulatory risks. <
Tattoo boo-boos? There’s insurance for that — but a lot of tattoo shops don’t have it
With more people getting body art, theres a lot that can go wrong. What happens when a tattoo leads to an infection, or when a client is unhappy with the result and decides to sue? Is there insurance to protect the artist? What about the client?
If a tattoo artist slips up and inks I love Moom, a client may be able to recover some dough from the artists insurance company. That is, of course, if the artist has liability insurance to begin with.
The insurance issue is arising more often as the popularity of tattoos climbs.
Sterling to open Manchester office
Insurer hunting for office staff
Sterling Insurance is set to open a Manchester office by the end of March.
Sterling is opening the office to increase the insurer’s presence in the north. The insurer described Manchester as the “gateway to the northern market” in a statement.
The insurer has appointed the head of the new office but has not announced the details yet.
Sterling director of home and commercial insurance David Sweeney said: “This announcement will undoubtedly result in Sterling forging even closer relationships with our brokers in the north. It is o
Insurance Coverage For Bedbug Infestations Now Available
Some insurance providers are now offering bedbug insurance, according to the LA Times. Bedbugs are tiny, seven millimeter long insects that invade hotel rooms, apartment buildings and dorms causing expensive problems. They’re very hard to eliminate creating a costly issue. The newspaper reports that most infestations, whether it’s raccoons or rats, aren’t typically covered by insurance policies. But now there is coverage available for bedbugs.
Lawmakers put pressure on insurance companies to offer coverage since some property owners were experiencing large losses in value because of the pesky bugs. Companies now offering the insurance include Aon Risk Solutions of Chicago, Willis North America, and NSM Insurance Group. “You’
Planning Health Care Reform In Tennessee
As in other Republican-controlled states, Tennessees top officials are in a needless fret over whether to initiate planning for a state insurance exchange, the entities that states must have in place beginning in January 2014 to help uninsured citizens buy competitively priced, reasonably comprehensive health insurance.
Senate Speaker Ron Ramsey says he fears being seen as supporting Obamacare if he moves legislation to establish an exchange. Gov. Bill Haslam says he opposes the requirement for states to establish an exchange to promote transparent insurance competition. But he also fears losing millions in federal grants to help create an exchange, and possibly state control of the exchange, if the state doesnt move forward and defaults to a federally established exchange.
First Edition: January, 10, 2012
Today’s headlines highlight news that the recession has held down health spending.
Insuring Your Health: The Health Law Goes Graphic
In her latest Kaiser Health News consumer column, Michelle Andrews writes: “Nearly two years after the passage of the federal health law, more than 40 percent of people say they know little or nothing about how the law will affect them. … Jonathan Gruber, an economist at the Massachusetts Institute of Technology, aims to change that with a book, ‘Health Care Reform: What It Is, Why It’s Necessary, How It Works,’ that explains the ins and outs of the law in an innovative way: an adult comic-strip form similar to graphic novels” (Andrews, 1/9).
National Health Spending Grew Slowly In 2010
Kaiser Health News staff writer Marilyn Werber Serafini reports: “National health care spending grew slowly for the second consecutive year in 2010, bringing it in line with growth in the U.S. eco