Business Highlights Nov 19th

All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News

Life insurance for kids: Do you really need it? Jul 23rd

Buying life insurance for kids is probably the last thing on your mind when you’re in the throes of diaper changes and round-the-clock feedings. But the early stages of parenthood don’t last forever—and it’s never too early to start planning for your little one’s (or ones’) future. W.... More »
insurance

Protecting Legal Fraud in Florida Jan 22nd

Republicans in the state Senate try to block insurance reform..... More »

Warning to caregivers: Expect a scavenger hunt + MORE Feb 25th

This story is part 3 in a series on financial caregiving for seniors. Read others in this series: 3 signs you need to take control of your parents’ finances Caring for a parent? Get a power of attorney Before my father was diagnosed with dementia, I had a 30,000-foot awareness of my f.... More »

Compare high-risk auto insurance quotes for Ontario Feb 8th

The cost of auto insurance—which is required for drivers in Canada—can vary widely. Why? Because it’s all about risk. How risky your car is—is it prone to safety issues that could cause an accident? Is it a car-thief magnet? How risky your neighbourhood is—whether you live in an urban or r.... More »
 insurance agents

Fort McMurray fire: Home insurance and clean up tips + MORE May 10th

(Ryan Remiorz/The Canadian Press via AP) The fires raging through northern Alberta have galvanized a province and moved a country. The images are horrific. The stories are both inspirational and heartbreaking. It’s a story close to my heart (despite the almost 4,000 kilometres that separate me fr.... More »

Business Highlights

– canadianbusiness.com

___
UnitedHealth cuts outlook, casts doubt on overhaul exchanges
The nation’s largest health insurer is questioning its future in public insurance exchanges, the latest signal of major concerns about the online marketplaces that have helped the Affordable Care Act extend coverage to millions of people.
UnitedHealth Group said Thursday that it will scale back marketing for plans it sells on the exchanges and decide next year whether it will even stay in that business in 2017. It also cut its 2015 earnings forecast.
The announcements come a few weeks after several smaller, non-profit insurance co-operatives said they would stop selling coverage on the state-based exchanges.
___
Corporate America’s problem: Falling profit, revenue
NEW YORK (AP) — Corporate America has a profit problem. U.S company earnings are falling for the first time since 2009, when the economy was still reeling from the Great Recession.
The main culprit is the plunging price of oil, which has decimated earnings at big energy companies like Exxon Mobil and Chevron…

Continue Reading On canadianbusiness.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!