How Videos Aid For Better Learning For Healthcare Providers

By Sarah Pritzker

With a growing interest in technology sneaking into every area of our lives, it was only a matter of time before tech started showing up in our educational systems too. Today, schools everywhere are using technology to greatly enhance the learning experience and quality of their students and staff, and few fields might benefit from this practice more than the read more

Insurance News March 2019

Insurance agencies organic growth continues, despite the fact that profitability fell

According to latest research by Reagan Consulting agencies surveyed a 6.1 percent growth and their porjected growth in 2019 is by 7 percent. Growth in 2018 was majorly driven by higher US GDP and commercial pricing. There were about 200 midsize and large agencies firms and brokers included in the study. In relation to profit, ernings before interests, taxes and amrtization were read more

P2P Cryptocurrency Lending Surges in China

P2P CRYPTOCURRENCY LENDING SURGES IN CHINA

The emergence of peer-to-peer (P2P) cryptocurrency lending platforms in China has swiftly increased over the years. This is happening at a time when the nation is stuck in the middle of the latest liquidity crunch. The digital foreign currency markets are also seeing a long bearish period that has driven people to embrace P2P lending as a solution.

In 2007, PPDAI Group, China’s read more

A Tax Audit Success Story & Tips from Our Top Audit Experts

A Tax Audit Success Story & Tips from Our Top Audit Experts

A story of how a single individual maintained her cool and came away with an IRS tax audit.
Let’s just call her Eleanor. Eleanor as of late got a legitimate-sized envelope from the IRS, disclosing to her that she and her significant other were being examined. Like some other red-blooded American, she froze. read more

Tax Audits: What You Need to Know

Paying taxes is a necessary yet rather confusing aspect of life. Just when you thought you were diligent enough with your previous returns, it comes back to haunt you in a form of an IRS letter regarding a tax audit. Now before you go into full panic mode, let’s discuss why some individuals get their taxes audited and how you can deal with it when it happens.

Reasons read more

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Insurance News January 2019

AMWins Group Launches New Product


AMWins Group speciality insurance provider has partnered with AXIS Group, launching a new solution against social engineering fraud. Social Engineering Fraud or shorter SEF is a fraud in which a party is deceived to give away CC data or bank account number. Losses covered under the policy of new solution product are when the person gets fraudulent read more

Lawyers Deliver More Debt Than Income


Ongoing law school graduates are in a monetary squeeze as educational cost is rising, however, the chances to acquire 6-figures are contracting.
Most lawyers thought they’d graduate with a normal graduate school debt of approximately $90,000 to $120,000 and have the capacity to procure in any event $100,000. That appears to be a sound budgetary choice. Yet, actually read more

Insurance News December 2018

According to Aon study public transit systems are seeing a increase in liability claims, although ridership declines. Aons study reported that liability claims are rising by 1 percent annual. Overall public transit liability loss rates are as high as 3 percent the study reports. The average claim for 2018 was just below 15.000 USD per accident, the forecasted 2018 accident year loss rate for rail and bus operations stands at 50 USD per 1000 riders. Bus and rail operators are seeing different results in accident claims when the statistics are broken apart.

The claims frequency rates for bus riding is raisng approximately 1.5 percent per year and declining for rail operations by 0.5 percent per year.

For bus operations the frequency claims rate is much higher than for rail operations.

For 2018 prognosed accident year loss rate is at 68 USD per 1000 riders, but only just above 20 USD for rail.

Claims severity for buses is growing at about 2 percent per year and the claims severity for rail increases by 5.5 percent per year.

Loss rate for rail is increasing 5 percent annualy for rail operations, the rate for buses is at 2 percent annualy.

Automobile accident account almost 70%, 92% are vehicle on vehicle accidents. Almost 43 percent of the claims outside the automobile accidents are the passangers falling, with nearly 21 percent of accidents coming from entry or exit.

Beazley has announced that it will pay almost 40 million for California fire. The massive fire burnt almost 240 square miles and more than 50,000 people were facing the evacuation, The Independent reports. Thosands of homes were destryed and doyens of people were killed in this catastrophy.
The Independent reported earlier this year that Beazley paid almost 240 million for huricane claims in New Mexico.

Citizens Property Insurance in Florida hopes to settle 6500 open cases in Huricane Irma lawsuits.
Jay Adams – Citizens chief claims officer said that the company is offering to pay to have appraisers review the disputes and seek resolutions. In case those apraisers can not agree , the state run isnurer is willing to pay for the umpires to make decisions. Citizens hopes that it could reach settlement in approximately half of the 6500 cases which are currently in court, so far only 60 cases reached settlement.

Acrh insurance closes the deal of NY based risk assessment and management company. Arche Capital Group has announced recently that it has acquired risk management, assessment and insurance program firm Mcneil & Co in Cortland NY. McNeil and Co. will continue operating as independent entity
Insurance Group chairman and CEO Nicolas Papadopoulo said that they are excited to complete the transaction, which will allow them to deploy Archs resources to help McNeil expand the presence in the program field.