Archive for March, 2010

The Tanning Tax and Employer Mandate originally appeared on About.com Business Insurance on Wednesday, March 24th, 2010 at 12:13:53.

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President Obama Signs Health Care Reform Bill originally appeared on About.com Business Insurance on Tuesday, March 23rd, 2010 at 14:26:34.

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When you write about business insurance it can be a bit stiff and stodgy. Insurance is about guys in suits in big companies making arcane decisions based on underwriting and math.

Warren Buffet makes insurance exciting. The head of Berkshire Hathaway, the owner of GEICO, has a cameo appearance in a video going viral on YouTube.

Lizard Ballad:All for You” features real GEICO associates and a cameo appearance by Warren Buffett. All are employees of GEICO “and fanatics for providing outstanding customer service – all for you.”

The best way for a business to lower its premiums is to reduce its risk.  Safety programs, controls, employee education and training are all ways to control risk and premiums. Lower risk equates to lower premiums.

Sometimes this principle hits a little too close to home. At the risk of my kids reading this, I wanted to relay a business insurance premium horror story. One of my firm’s own making.

Our term life insurance rates and coverage options came in this morning. Readers, I admit, within the last 12 months, members of our firm have used nicotine containing products. They have made efforts to stop and one partner stopped over five years ago. Some quit several months ago successfully.



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