Sentences with phrase «business on their business insurance»

Similarly, know what you are demanding when your business asks for that status from another business on their business insurance policy.

Not exact matches

Businesses with more than 50 employees that do not offer coverage will be taxed based on the size of their payrolls, but the cost will be significantly less than the cost of providing insurance benefits, and the tax is not set to go into effect until the 2014 fiscal year.

Get the lowdown on the specific types of insurance you need to protect your import / export business.

The National Federation of Independent Business (nfib.com) posts articles on insurance in the «tools and tips» part of its website.

The Small Business Administration offers helpful publications on insurance at sba.gov / tools / resourcelibrary / publications.

While we were not required to purchase business insurance, we learned the hard way that failure to do so would result in financial hardship later on.

He focused his reporting on local business and economic development, covering topics ranging from New Haven's biotech sector to the roll - out of Connecticut's health insurance exchanges.

Depending on the type of industry you are in, the structure of your management, and what kind of risk is involved with your business, you can determine what types of insurance you may need to add, including:

On Wednesday, President Obama outlined a handful of proposals such as health - care exchanges, tax credits, and a public option — all of which could provide welcome relief to businesses coping with skyrocketing health insurance costs.

GE CEO John Flannery on Tuesday said that the 125 - year - old business is considering carving out its major divisions into separately traded units as it announced a $ 6.2 billion charge related to its insurance operations.

«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.

Today, though, as Hillary Clinton prepares to unveil her plan for universal health insurance, I want to concentrate on the lengths that small businesses go to insure their employees.

Johanne Ouellette found she got a surprisingly large lift from taking on a part - time job as an occasional teacher when she retired from running her own insurance business at age 53.

By imposing a penalty on medium - sized businesses — the smallest businesses are exempt from the health insurance requirement — that do not offer employee health insurance, policymakers hope to encourage more business owners to provide this benefit to workers.

France's AXA says it will spend $ 15.3 billion on buying New York - listed insurer XL Group and speed up its plans to spin off its American life insurance business — the IPO would give it $ 6 billion to help fund the XL purchase, with the rest coming in the form of cash and debt issuance.

Perhaps most importantly, small business disagrees with big business on employee health insurance.

«An experienced insurance professional has seen and heard the horror stories and can advise new business owners on how to best create an affordable and effective risk management strategy.»

In the section of the letter detailing the results of Berkshire's General Re subsidiary, there was an interesting tidbit on the four disciplines that must be adhered to in the insurance business.

The deal allows Aon to exit a mature, capital - intensive outsourcing business and focus on growth areas such as cybersecurity and health insurance.

The professors cite a study of 10,000 World Bank employees, which found that the business travelers on the staff — roughly 40 percent of the group — were three times as likely to file psychological insurance claims.

«These freelancers come on board as subcontractors and save the small business owner the burden of paying overhead associated with payroll taxes and expenses such as health insurance and worker's compensation, as well as the space constrictions that growing a company in - house can present.»

Check with your business's insurance policy to make sure it covers any accidents on company property caused by inclement weather conditions.

To help you mind your business — and, by extension, your bottom line — in good time, the folks at Make It Cheaper, a service that helps small and medium - sized businesses negotiate cheaper rates on insurance, broadband and electricity, have rounded up seven key efficiency lessons from a host of entrepreneurs.

Insurance broker Aon Plc said on Friday it agreed to sell its employee benefits outsourcing business to private equity firm Blackstone Group LP for up to $ 4.8 billion.

But at the same time, we have prices at the pump rising out of control, the burdens of insurance costs (which also keep going up), as well as complicated taxes, and you can see why small business owners continue to proceed with caution on hiring.

The true success of Berkshire is the combination of the cash generated by its insurance business and Buffett's ability to invest that cash far better than anyone else on the planet.

Those problems along with long - term care contracts, which resulted in a $ 6 billion charge on its insurance businesses last year, drew criticism from billionaire U.S. investor Warren Buffett in an interview on CNBC on Monday.

A growing number of businesses are opting out of providing traditional insurance for workers in favor of private exchanges, which allow consumers to search for health insurance in much the same way they'd search for a vacation package on Travelocity.com.

You can navigate the process with the help of an insurance broker, or independent agent, who is a licensed individual representing a small business owner and works on commission or a for a service fee.

Though much of the attention paid to the Affordable Care Act has been focused on health insurance exchanges, the new law actually does something radical: It changes the underlying business model of all of health care.

The main growth drivers are expected to be the company's Optum data analytics and health - care services business, and growth in the Medicare Advantage membership on the health insurance side.

Another main line of Genworth's business, long - term care insurance, is a risky but growing market, and Genworth pleased investors in 2013 by raising rates and cutting back on some benefits as customers live longer and become more costly to insure.

If you have been counting on the new health - insurance exchanges where you can shop for plans for your small business, you may have wait longer than you thought.

A big part of our mission is taking this responsibility that has been on the shoulders of business owners for a long time and saying you can trust us, we'll be your partner and do all the complex tax calculations, filings, payments, insurance enrollments for you.»

Remember that if you're hiring a freelance photographer to work on location or in your business, they should have some form of liability insurance in case anything is broken or damaged during a photo shoot.

Small business owners take a much harder look at the entire cost of an employee, which often comprises life insurance, health care, savings plans, taxes, and so on.

As Weil pointed out, businesses often classify workers as contractors on purpose in order to avoid paying unemployment insurance and overtime (both are required for those classified as fulltime employees).

INC.COM: Adam, you recently started your own business, and I'm wondering if the economics of heath care made it more difficult to leave a job that offered you insurance and strike out on your own.

And in 1997 CMHC lost money on its mortgage insurance business when claims outweighed premiums by $ 50 million due to a weak housing and employment market.

«And today we tell the business community that we understand you want to focus on your core mission, not spending countless hours wondering how you're going to cover your employees» health insurance.»

However, our health insurance broker recently briefed me on how it will impact our business when we renew our coverage.

Yet despite the cost to his business — Bailey said he has insurance, although he will have to pay a deductible — the restaurant owner said he has not soured on the community.

Written by insurance - claims specialists at Coopers & Lybrand, the brochure is chock - full of useful information, such as what your company should do during the first 30 days after a disaster, how you should quantify your losses on work in process and finished goods, how to calculate business - interruption costs, and most important of all, how to wrap up all the paperwork quickly.

«An increase of one [happiness] point on the survey equates to a savings of $ 2,552 in medical costs per year per employee,» concluded the study, conducted by U.S. health insurance company Humana and the University of Michigan's Ross School of Business.

She said workers often fail to fully tabulate their employment expenses, including car payments, gas, insurance, fuel, repairs, utilities and property taxes based on the percentage of the car or home that is used for the business.

Insurers are facing an upheaval in their health insurance businesses due to uncertainty over the healthcare legislation as Republican lawmakers seek to follow through on their promise to repeal and replace the Affordable Care Act.

Businesses are increasingly taking out life insurance on important employees to protect the business.

Louis Ziskin is CEO and founder of West Hollywood - based DropIn, Inc., which is changing «the way insurance industries do business, by providing on demand remote video inspection,» Ziskin said.

Read «After a Loss: Pursuing an Insurance Claim,» a 14 - page brochure that manages to be both a quick read and a comprehensive study on how companies should handle the claims - filing process if they experience a fire or other business interruption.

Olivia S. Mitchell is a professor of business economics / policy and insurance / risk management at the Wharton School of the University of Pennsylvania, where she focuses on global pensions, household finance, retirement, and risk management.