insurance chicago http://insurancechicago.biz Wed, 03 Nov 2010 06:13:46 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 IRS Announces Increased 2011 Deductibility Limits For Long-Term Care Insurance http://insurancechicago.biz/irs-announces-increased-2011-deductibility-limits-for-long-term-care-insurance/ http://insurancechicago.biz/irs-announces-increased-2011-deductibility-limits-for-long-term-care-insurance/#comments Wed, 03 Nov 2010 06:13:46 +0000 admin http://insurancechicago.biz/irs-announces-increased-2011-deductibility-limits-for-long-term-care-insurance/ “For taxable years beginning in 2011, the limitations have been increased. … Tax advantaged long-term care insurance remains one of the few remaining significant tax-savings benefits especially meaningful for small business owners.”…

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]]> http://insurancechicago.biz/irs-announces-increased-2011-deductibility-limits-for-long-term-care-insurance/feed/ 0 La. Accountants Prep Clients For Return Of Estate Tax http://insurancechicago.biz/la-accountants-prep-clients-for-return-of-estate-tax/ http://insurancechicago.biz/la-accountants-prep-clients-for-return-of-estate-tax/#comments Mon, 01 Nov 2010 19:51:31 +0000 admin http://insurancechicago.biz/la-accountants-prep-clients-for-return-of-estate-tax/ There’s a running joke among accountants that if Grandma plans on showing up to Thanksgiving dinner this year, she had better bring a food taster. That’s because there’s no estate tax applied to anyone who dies in 2010.

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]]> http://insurancechicago.biz/la-accountants-prep-clients-for-return-of-estate-tax/feed/ 0 Frightful Medicare Scams http://insurancechicago.biz/frightful-medicare-scams/ http://insurancechicago.biz/frightful-medicare-scams/#comments Fri, 29 Oct 2010 20:38:00 +0000 admin http://insurancechicago.biz/frightful-medicare-scams/ Medicare scams cost taxpayers billions of dollars every year and cause vexing problems for patients seeking legitimate care…

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]]> http://insurancechicago.biz/frightful-medicare-scams/feed/ 0 Life Settlements Continue to Gain Momentum as an Asset Class http://insurancechicago.biz/life-settlements-continue-to-gain-momentum-as-an-asset-class/ http://insurancechicago.biz/life-settlements-continue-to-gain-momentum-as-an-asset-class/#comments Thu, 28 Oct 2010 10:35:46 +0000 admin http://insurancechicago.biz/life-settlements-continue-to-gain-momentum-as-an-asset-class/ As it enters its third decade, the life settlements industry continues to gain attention as an alternate asset class for individuals and financial services companies to consider when developing investment strategies. Life settlement product structures can vary…

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]]> http://insurancechicago.biz/life-settlements-continue-to-gain-momentum-as-an-asset-class/feed/ 0 It’s Totaled? Here’s The Bad News! Posted By: Haz Duell http://insurancechicago.biz/its-totaled-heres-the-bad-news-posted-by-haz-duell/ http://insurancechicago.biz/its-totaled-heres-the-bad-news-posted-by-haz-duell/#comments Wed, 27 Oct 2010 00:22:03 +0000 admin http://insurancechicago.biz/its-totaled-heres-the-bad-news-posted-by-haz-duell/ One of the more common myths of our time is that the standard insurance policy is a shield against losses. It forgets two key facts. The first is the way insurers calculate the amount of the loss. In the case of a vehicle or the contents of our homes, this is not the retail price for replacing what has been damaged. It’s more usually the current market value. The reason is simple. Under normal circumstances, we cannot be better off as a result of a claim. Take the average piece of furniture in our homes. It has been standing there for months, if not years. It has been used, and there will be signs of wear and tear. If the insurer was to replace the old with new, we would benefit. Thus, whenever we buy something new, it almost immediately st …

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]]> http://insurancechicago.biz/its-totaled-heres-the-bad-news-posted-by-haz-duell/feed/ 0 Soon Many Employees Will Be Asking, “Hey, Boss, Which Long-Term Care Policy Should I Get?” http://insurancechicago.biz/soon-many-employees-will-be-asking-%e2%80%9chey-boss-which-long-term-care-policy-should-i-get%e2%80%9d/ http://insurancechicago.biz/soon-many-employees-will-be-asking-%e2%80%9chey-boss-which-long-term-care-policy-should-i-get%e2%80%9d/#comments Wed, 27 Oct 2010 00:22:02 +0000 admin http://insurancechicago.biz/soon-many-employees-will-be-asking-%e2%80%9chey-boss-which-long-term-care-policy-should-i-get%e2%80%9d/ LTC Insurance Will become a Key New Employee Benefit after the CLASS Act, Part of Health Reform, Goes into Effect in January, Industry Leader Predicts
Kirkland, WA, October 26, 2010  – A new employee benefit is coming for millions of American employees: access to affordable long-term care insurance (LTCI). So says Dan Cahn, an industry expert…

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]]> http://insurancechicago.biz/soon-many-employees-will-be-asking-%e2%80%9chey-boss-which-long-term-care-policy-should-i-get%e2%80%9d/feed/ 0 New Society of Actuaries’ Survey Finds Pre-Retirees Not Prepared for Healthcare Costs in Retirement http://insurancechicago.biz/new-society-of-actuaries-survey-finds-pre-retirees-not-prepared-for-healthcare-costs-in-retirement/ http://insurancechicago.biz/new-society-of-actuaries-survey-finds-pre-retirees-not-prepared-for-healthcare-costs-in-retirement/#comments Mon, 25 Oct 2010 14:11:16 +0000 admin http://insurancechicago.biz/new-society-of-actuaries-survey-finds-pre-retirees-not-prepared-for-healthcare-costs-in-retirement/ SCHAUMBURG, Ill., Oct. 25 Nearly two-thirds of pre-retirees ages 50-64 are not at all confident that they are saving enough to handle healthcare costs in retirement, according to a new survey from the Society of Actuaries. This SOA survey analyzed how the continuing spike in healthcare costs is affecting consumers’ retirement plans.

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]]> http://insurancechicago.biz/new-society-of-actuaries-survey-finds-pre-retirees-not-prepared-for-healthcare-costs-in-retirement/feed/ 0 Alabama AG Candidates At Odds On Health Care Suit http://insurancechicago.biz/alabama-ag-candidates-at-odds-on-health-care-suit/ http://insurancechicago.biz/alabama-ag-candidates-at-odds-on-health-care-suit/#comments Sun, 24 Oct 2010 04:10:41 +0000 admin http://insurancechicago.biz/alabama-ag-candidates-at-odds-on-health-care-suit/ The candidates for Alabama attorney general, Republican Luther Strange and Democrat James Anderson , disagree on several key legal issues facing the state, including the federal health care law…

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]]> http://insurancechicago.biz/alabama-ag-candidates-at-odds-on-health-care-suit/feed/ 0 ACLI Looks Forward to Working With CEFLI to Enhance Consumer Protection http://insurancechicago.biz/acli-looks-forward-to-working-with-cefli-to-enhance-consumer-protection/ http://insurancechicago.biz/acli-looks-forward-to-working-with-cefli-to-enhance-consumer-protection/#comments Fri, 22 Oct 2010 18:08:23 +0000 admin http://insurancechicago.biz/acli-looks-forward-to-working-with-cefli-to-enhance-consumer-protection/ The American Council of Life Insurers said consumer protection and professional ethics, core values for the life insurance industry, will be enhanced thanks to the establishment of the new group called Compliance and Ethics Forum for Life Insurers…

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]]> http://insurancechicago.biz/acli-looks-forward-to-working-with-cefli-to-enhance-consumer-protection/feed/ 0 Conn. Insurance Increase Gets HHS’ Attention http://insurancechicago.biz/conn-insurance-increase-gets-hhs-attention/ http://insurancechicago.biz/conn-insurance-increase-gets-hhs-attention/#comments Thu, 21 Oct 2010 07:32:46 +0000 admin http://insurancechicago.biz/conn-insurance-increase-gets-hhs-attention/ HHS Secretary Kathleen Sebelius on Tuesday put Connecticut insurance officials on notice for allegedly failing to use federal grants to scrutinize a proposed insurance rate increase, but the state’s insurance department says they have not received the money to begin enhanced review efforts.

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