People are living longer, which is not always a free gift. Health care costs for seniors can cut into family estates meaning a smaller inheritance. The fastest-growing age group among seniors is 85 to 94, jumping 30% to 5.1 million the last decade, according to the Census Bureau. Adult children mistakenly believe that Medicare and other retiree benefits will pay for their parents’ care, but only long-term care insurance will cover custodial care. Newcomers to the family can also mean more heirs to an estate, not necessarily more love to go around. More than 40% of American adults have at least one step-relative, according to a Pew Research Center study. A
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Canadian property and casualty (P&C) companies reported a profit of $4.53 billion in 2011, according to figures released by MSA Research Inc.
MSA Research’s aggregate industry totals are derived from the individual results of 220 Canadian property and casualty insurers.
Overall, the industry wrote $48.5-billion worth of premiums in 2011 (up 7% from 2010), according to MSA. It paid out $32.04 billion in net incurred claims (up 6% from 2010).
On the whole, the industry recorded an underwriting profit of $368.7 million in 2011. I
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LeapFrog Investments, an investment fund focused on insurance and financial services companies, announced two senior appointments as it expands its investment portfolio in Asia and Africa.
David Steel, previously Managing Director of Strategic Planning for AIG, was named Director of Investments for East Asia. Niclas Thelander, previously Head of Corporate Strategy for Atradius, was appointed Executive Director of LeapFrog Labs, the group’s innovation and advisory services hub.
The bulletin noted that both men bring multi-country insurance M&A and performance improvement expertise, adding to LeapFrog’s specialist competence in growing insurance companies across major emerging markets.
LeapFrog explained that it invests in companies that aim to serve the ‘next billion’ emerging and under-served consumers. The fun
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During his “Super Tuesday” press conference, the president talked about contraception coverage and the Rush Limbaugh flap, saying that Democrats have “a better story to tell women.”
The Washington Post: At News Conference, Obama Criticizes GOP Candidates For Talk Of War With Iran He was father in chief, fretting about whether the rough-edged debate over health insurance coverage for women’s contraception will keep his daughters and other young women from engaging in public life. …
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Free publicity is a great way to spread the word about your business. If you can get your business featured regularly in the newspapers and magazines your target audience reads, it brings your business to the attention of potential customers, and at no cost. Another advantage of being featured in articles written about your business is that editorial coverage gives you a huge amount of credibility. It’s an independent trusted person talking about your business – the total opposite of an advert, where you are delivering your message.
The good news is that getting free publicity for your small business isn’t difficult if you know what youre doing. All y
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