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carterhancock

Terrorism Risk Insurance Act Extends until 2020 - 2 views

New York, NY - President Barack Obama signed into law January 12 the extension of the Terrorism Risk Program Reauthorization Act of 2015 which extends the program until December 31, 2020. Terroris...

started by carterhancock on 05 Mar 15 no follow-up yet
carterhancock

Affordable Care Act: insurance coverage has upgraded for young adults - 1 views

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    The study, printed in the journal JAMA Pediatrics, assessed individuals' health, access to care and use of health care both before and after the application of the Patient Protection and Affordable Care Act (PPACA). AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, has full support with Affordable Care Act. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) The PPACA was executed in September 2010, and part of its dictate was that insurance companies had to permit adults younger than 26 years of age to continue being covered by their parents' health insurance policy. Previous to this alteration, the authors report that just about 1 in 3 young adults aged 19-25 lacked every form of health insurance provision. Ever since then, the percentage of uninsured Americans decreased in 2011 - a decline accredited in part to the expansion of insurance coverage amongst this age group. Even though many have supposed that augmented insurance coverage directs to optimistic health outcomes for the population, the effect of the PPACA on the health of young adults and their access to health care is unidentified. And there had been some rumors of complaints. A crew of researchers from the University of Washington in Seattle, led by Dr. Meera Kotagal, studied data from two nationally representative reviews in order to better measure the influence of the PPACA on the access to care and health of young adults aged 19-25. Increased coverage The researchers utilize data from the National Health Interview Survey (NHIS) and the Behavioral Risk Factor Surveillance System (BRFSS), matching results data from 2009 with data from 2012. From t
carterhancock

Axis Capital Insurance Group Review: Fraudulent Insurance Act Punishable By Law - 1 views

With the wide spread of insurance fraud, you might start asking if there is assurance in your life plans. The insurance industry already has positioned itself in the modern world as a necessity and...

Axis Capital Group Insurance America Europe Singapore Jakarta Review: Fraudulent Act Punishable By Law

started by carterhancock on 25 Feb 15 no follow-up yet
carterhancock

Insurance Policy on Gun Ownership - 1 views

When car insurance was forced to car owners, the number of car accidents decreased slowly through the years. Many concerned citizens are also aski ng for imposed insurance for the ownership of ars...

Axis Capital Group Reinsurance Jakarta Hong Kong Insurance Policy on Gun Ownership

started by carterhancock on 18 Jun 15 no follow-up yet
carterhancock

Data Breach and Insurance - 1 views

Scams can already be done online in today's generation. A lot of hackers, and computer specialists exist and are continuously growing in number that the Federal Bureau of Investigation has alrea...

Data Breach and Insurance Axis Capital Group Reinsurance Jakarta Hong Kong

started by carterhancock on 16 Jun 15 no follow-up yet
carterhancock

6 Million Legal Immigrants May Get Health Coverage via New Law - 2 views

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    The Affordable Care Act (ACA) does not increase access to health insurance for undocumented immigrants however may lead for many legal immigrants who have concern earning this crucial coverage, completes a report released by the George Washington University School of Public Health and Health Services (SPHHS). The report summaries the breaks in addition to the duties that the federal health reform law will transport to legally present immigrants, people who have gotten green cards or visas permitting them to work, live and study in the United States. AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, has in full support with Affordable Care Act. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) "Most people do not realize that legal immigrants currently face many obstacles to obtaining health insurance," said Leighton Ku, PhD, MPH the author of the new report and director of the Center for Health Policy Research at SPHHS. "Such immigrants are three times as likely to be uninsured as those born in the United States." Without health coverage, they - like other uninsured Americans - often delay or never get potentially life-saving health care, he said.
zenhunsick3r

Study proposes that Prolonged Health Coverage may Improve Cancer results in young Adults - 2 views

Warning! According to a study from Dana-Farber/Brigham and Women's Cancer Center (DF/BWCC) and Harvard Medical School, young adults who lack health care insurance are more likely to be diagnosed i...

Axis Capital Insurance group of companies Jakarta tips Study proposes that Prolonged Health Coverage may Improve Cancer results in young Adults

started by zenhunsick3r on 29 Oct 14 no follow-up yet
carterhancock

Identity Theft in Insurance - 1 views

In the development of today's technology people are more aware of the existence of fraudulent acts, hacks and scams especially in the cyber world. In the vastness of the internet, someone out there...

identity theft in insurance Axis Capital Group company Jakarta Hong Kong

started by carterhancock on 30 Jun 15 no follow-up yet
carterhancock

Data Controls and Metrics in Asia Pacific - 1 views

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    Developed countries from the West are not the only ones who are upgrading their systems against insurance theft. With the widespread of technology and the integration of new knowledge and computer geniuses, even those living in the suburbs of Africa now has their own system to secure their data and confidential information. Axis Capital, with group of insurance and reinsurance companies in Bermuda, Australia, United Kingdom, Singapore and in over ten states in the US, is one of the many companies reported to first integrate a more tighter security system in the start of 2015 in the Asia-Pacific. Data theft and fraud are fast becoming key issues for regulators and law enforcement across Asia-Pacific, as elsewhere. Insurers are paying close attention to the new data privacy rules being drafted in response to the increased risks. According to reviews, regional and global insurers with operations in the Asia Pacific region also are grappling with the issue of data sovereignty - which can be transmitted among jurisdictions - as the data privacy regulations vary across the region. More stringent data protection rules in Australia and Singapore also may create questions about the identity of countries in which insurers store their data. A subpoena issued by a government to an insurer to provide certain data requires knowledge of where it has been physically stored. Insurers also will need to identify new metrics and processes to monitor data security and compliance. Many insurers in the region will continue to enhance their data controls in the latter part of 2015, prompted primarily by new and stricter regulations. Asia-Pacific insurers must pay closer attention to the changing cyber security laws and focus more stringently on data security, network crime legislation and law enforcement. Singapore's Personal Data Protection Act, for example, includes rules on the collection, use, disclosure and care of personal data. The law establishes penalt
xavierhansen

Insurance Fraud Detection System on the Rise - 1 views

Independent research conducted by Axis Capital Inc. to its group of insurance and reinsurance companies shows gathered data from its head office in Bermuda to its branches in Singapore, Australia, ...

insurance fraud detection system on the rise Axis Capital Group company Jakarta Hong Kong

started by xavierhansen on 18 Sep 15 no follow-up yet
carterhancock

Identifying Seller - 3 views

There are a lot of differences of seller fraud; however, they altogether base over four basic varieties. The premium theft setup is when the insurance representative receives premiums, however, ...

Axis Capital Insurance group of companies Jakarta fraud reviews Identifying Seller

started by carterhancock on 12 Dec 14 no follow-up yet
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carterhancock

Why You Need an Insurance against Accidents and How to Buy One - 1 views

You have a huge life insurance cover with a term plan to protect your family's financial future. You also have a complete health insurance plan to pay your hospital bills. Your car is insured agai...

Axis Capital Group Tips to avoid fraud Malaysia Jakarta Region Why You Need an Insurance against Accidents and How Buy One

started by carterhancock on 26 Aug 14 no follow-up yet
carterhancock

Universal Healthcare for Jakarta Indonesia and the whole country not a scam - 1 views

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    The US is not the lone country facing extensive healthcare reforms. Indonesia launched its universal health care programme on January 1st, recognized locally as Jaminan Kesehatan Nasional (JKN). Its creditable objective is to provide health insurance to the country's approximate 250m people in five years, or by January 2019. However encountered with the great test of executing such a scheme in the world's fourth most populated country, the government is phasing the introduction wisely. You are assured of no scams or any fraudulence act with the company. Axis Capital, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is at one with the universal healthcare for Indonesia. The JKN will cover 121.6m Indonesians in the initial step of the programme's operation this year. This totals to about half of the population already, nonetheless is not as much of a success a
carterhancock

How Much Is Enough in Life Insurance? - 2 views

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    Warning. This prevalent system of insurance is perforated with exclusions, which a lot of travelers have no idea about. One must not ever miscalculate, thinking that one policy is like another. Travelers have been cautioned they might not be covered by their insurance when requesting for holiday incidents as they are under the influence of alcohol or non-prescription drugs. Also, avoid insurance fraud tips while traveling Jakarta Indonesia. There are travel insurance companies who decline to pay medical or any other expenditure related with specific activities. Exclusions are normal in the event of any kind of insurance. The company declines to offer travel insurance coverage for definite circumstances. You have a choice to cover these by disbursing an extra premium; however you must make certain you recognize what your policy covers prior to buying travel insurance. Axis Capital, a group of companies headquartered in Bermuda guarantees you that their travel insurances have nothing to hide and that is transparent of their exclusions in their policy. Tour Operator Termination: Regarding trip cancellation, tour operators withdrawing is not covered under travel insurance policies. In this situation, it is the tour operator and not you who terminate the trip. Turns of war/local protests: While terrorism is covered by many travel insurance policies, acts of war or civil unrest are usual policy exclusions. Consequently though current remonstrations or irregular occurrences in international sites might influence you to alter your plans, most travel insurance policies are no help. Pre-existing medical illnesses: This is a usual exclusion in most travel insurance policies. It denotes to any medical condition that obligates essential attention before travel or beginning of the travel insurance policy. Baggage overdue
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    You are perhaps conscious of the significance of ensuring enough life insurance coverage to meet the financial eventualities that may disturb your family if you pass away. If you are still not convinced, read on Axis Capital Group in Jakarta at Axis Capital, a group of companies with branch offices in Bermuda and around the world, official website. Regulating the essential expanse of life insurance can be complex. Generally, you must have enough coverage to equivalent to 5-10 times your yearly salary. But, you must regulate the accurate quantity of life insurance coverage for you and your family with a cautious needs examination compare to using an arbitrary formula. The needs analysis method includes an assessment of your family's most significant financial responsibilities and objectives. This hints to arranging insurance coverage to help deal with college expenses, mortgage debt, and future family income, in addition to to providing liquidity for dealing with future estate tax liabilities and to avoid frauds too. Mortgage Debt Review whether your life insurance proceeds will be enough to help compensate the outstanding mortgage on your home. When you have a big mortgage, you might require a substantial amount. If you possess a second home, that mortgage must as well be factored into the formula. College Expenses Most want life insurance proceeds great sufficiently to help cover their kids' college, and maybe graduate school, expenditures. The sum necessary can be approximately intended through the ages of your children against expected college costs accustomed for rise. This calculation must be studied occasionally since your kids grow closer to college age, and it might be a go
carterhancock

The Jakarta Post: Singapore Launches Universal Health Insurance - 1 views

Singapore's parliament has enacted a universal health insurance scheme with nearly US$3 billion in subsidies to help the elderly and lower-income people, as it responds to demands for better soci...

The Jakarta Post: Singapore Launches Universal Health Insurance

started by carterhancock on 04 Feb 15 no follow-up yet
carterhancock

Insurance Scams That Needs To Be Avoided - 1 views

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    In order to gain more money in the now so-materialized world, people and companies have thought of things to gain out of greed. Insurance agencies are no exceptions especially in places which have lose insurance policies like Jakarta in Indonesia, South Africa and Cambodia. The Federal Bureau of Investigation (FBI) had released the most common insurance fraud used by the insurance companies. Premium Diversions It is considered as an embezzlement of insurance premiums and is considered the most common type. This happens when the insurance agent doesn't wire the money to the insurance company and keeps it to himself. Other form of premium diversion scam involves selling policies without license, collecting premiums and then not paying claims. Payers are advised to keep track of this kind of fraud by knowing and verifying the legitimacy of the agent. Asset Diversion This large-scale scheme involves theft of insurance company assets held to pay valid claims. This most frequently occurs as insurance companies merge, reorganize or change ownership. Fee Churning In this scheme, a group of people set up a company that will eventually fail. The business gets involved in reinsurance agreements, and people in different steps of the process pocket commissions. The amount of a premium is cut by each repeated commission until the money to pay claims runs out. This scheme lasts as long as it does because each individual move looks normal as it occurs. The full picture emerges only after the damage is already done. How to report Insurance Fraud 1. Report fraudulent behavior to your state's insurance frauds bureau. 2. Contact the specific insurance company's fraud hotline if one is available. 3. Turn in the social security fraud perpetrators. 4. When you are reporting the scheme, make sure to give all pertinent details and any other documents that may help. Be Wise. Act Wise. The most important factor before buyi
carterhancock

Identifying Personal Injury Insurance Fraud - 1 views

Personal injury insurance fraud is usually explained being as any action that is intentional to instigate an insurance company to pay you for damage that is unreal, overstated, or unconnected to a...

Axis Capital Insurance Group of Companies Jakarta Fraud Reviews Identifying Personal Injury

started by carterhancock on 02 Dec 14 no follow-up yet
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