How does a recession effect the insurance industry?
Specifically Commercial Property and Casualty- General Liability, Workers' Comp, D&O/E&O. Will business be forced to cut back or exterminate coverage all together?Answers: Probably will not impact the P&C business much. The business cycle typically have very little correlation to the insurance cycle. The fortunes of insurance companies tend to be influenced by how much dimensions (capital) is in the insurance business. When there's too much (like right now) competition get intense, prices get driven down and results inaugurate to falter. When adequate insurance compamies get surrounded by enough trouble, some cut wager on, some go out of business and the insurance climate (at lowest possible from the insurance company point of view) improves. That happen on the property side in 2006. The year after adjectives the 2005 hurricanes which cost the industry billions. 2006 was a great year as prices increased significanty but in attendance were no big hurricanes. It be so good prices come down in 2007 and again no big hurricanes. If at hand are no big hurricanes in 2008, expect the industry to obtain real competitive.
For small businesses and financially unstable ones, chiefly contractors, yes, they won't pay the insurance bills.
But the larger guys will - they NEED that insurance to run into contract requirements.
How long does va workmens comp. have to pay for settlement?
Answers: Well, once the judge has signed off on it, the check gets cut within 30 days. If you have a lawyer, it goes to them and it can be up to 60 days longer.
Each state is different, but I would think it's 30 days after it's been approved by the work comp division. I suggest you call your attorney (if you have one), or your adjuster or call the work comp division.
If my boyfriend works for the post department can me and my daughter capture condition insurance?
My daughter is 6 years old and I am 26. My boyfriend have been beside the post office for 8 years.Answers: If he marry you you can.
If you want wifely priveleges, you have to be a wife.
Yes you can
plus return with married
If the daughter is his, she can be added to his insurance. For you to be added, marry him!! If the daughter is not his, Marry him and then she can be added too.
You'd enjoy to be able to prove a de-facto relationship beside him - in other words, do you live together as husband and wife and is he the father of your child?
Most insurance agencies will not cover you unless you are married. If your daughter is yours, afterwards she can be covered. Otherwise, it does not hurt for him to ask if you guys can be covered, but chances are you will not be capable of until you get married.
Not unless you draw from married. Is he your daughter's father? If so he can claim her. If not she should be covered by her fathers insurance.
get hold of married
Not unless you are married or have file for domestic partnership.
If he was your husband it would be hugely easy.
Yes, adjectives you have to do is marry himl, and he can own you added, and her also.
Is your daughter his child? If not, have her father reimburse for her medical.
Nope. Not unless you guys get married.