Recent Posts

Balcos Personal Lines Staff

We wanted you to meet our Personal Lines staff! 

These are the kind, professional people that help you with your personal lines insurance policies, day in and day out.

Left to Right:

Laura Erb, Reception

Pam Huppert, Agent

Leslie Brentwood, Agent

Felice Roer, Personal Lines Assistant

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IQ expert Jason Beans: Getting your health insurance plan to cover alternative treatments

A: You’re talking about contemporary and alternative medicine , whose use has been on the rise in the past decade. These alternative therapies, as opposed to traditional medicine, include acupuncture, chiropractic care, massage, energy healing, hypnosis, biofeedback, meditation, prayer and spiritual healing.

Americans spend $33.9 billion out of pocket on CAM annually, according to the National Center for Health Statistics. While that number represents just 1.5 percent of our total health care picture, it equates to a large portion of out-of-pocket spending. I argue that we’re better off keeping alternative medicines an out-of-pocket expenditure.

About 38 percent of Americans use CAM in one form or another, according to a survey by the federal Centers for Disease Control and Prevention.

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Pumpkin Shortage Due to Hurricane Irene #riskymonday

Pumpkins remind us of the beauty and excitement of the Fall season (and the coming ghosts and goblins). Its a little less orange in certain parts of the country this year due to flooding caused by Hurricane Irene. Check out the video and share your thoughts by commenting below or on Twitter using the hashtag #riskymonday.

#riskymonday, brought to you by Bankers Insurance Group, covers one important video highlighting the risks we face each week. Watch the video and join the discussion in the See Through Insurance blog comments, on the Bankers Insurance Group Facebook page or on Twitter using the hashtag #riskymonday.

 

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Insurers in a ‘mess’ in run up to Solvency 2 – analyst

Insurers are in a ‘mess’ over capital requirements and available capital because of the eurozone problems, despite the looming deadline for Solvency 2, a JP Morgan analyst says.

The Italian government is keen on relaxing the rules for capital requirements. Italian insurers have suffered as Italian bond prices have fallen, and in conjunction with the junk status of Greek bonds, it means their balance sheet stength has been eroded.

Tags: Analyst
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Over $11 Million Recovered for Colorado Auto Insurance Policyholders

Colorado regulators announced on Wednesday that they returned more than $11.7 million to the state’s policyholders between June 2010 and July 2011.

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Insurance Employees Favourite TV Shows

It was very hot at the office of Insurance Blog today and not the best of working conditions.

However a bit of light relief went around the office with the results of the Insurance company department favourite gameshows of all time poll.

Here are the results in no particular order…….

Underwriters – Jeopardy
Loss Adjusters – The Price is Right
Actuaries – 15 to One
Marketing Department – Catchphrase
Claims  – Total Wipeout
Accounts – Double Your Money
New Business – Blind Date
Personnel – Britains Got Talent
Senior Management – Big Brother
Claims Fraud – Give Us a Clue
IT Dept – Eggheads
Call Centre – 100 to 1
Products Department – Take it or Leave it
Risk Assessors – The Weakest Link
Account Executives – In it to Win it

Well its nearly silly season…

If your Insurance company department has a favourite gameshow or even maybe a favourite song, write and let us know at the email address at the bottom of the page……

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ACOs: Docs, Hospitals A-OK On Revisions To Final Rule

The regulations, which were released Thursday, relaxed requirements for doctors and hospitals to participate in the program. Some insurers and employers, however, complained that the changes will increase the chances that providers will consolidate, which could reduce competition and drive up costs.

HHS Releases Final Regulations For ACOs
Kaiser Health News staff writers Phil Galewitz and Jenny Gold report: “The Obama administration on Thursday bowed to health industry concerns about its plans for Medicare accountable care organizations, making it easier for doctors and hospitals to participate in the program designed to lower medical costs.

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