Monthly Archive: September 2019

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Cost of employer medical benefits to outpace inflation

The costs of employer medical benefits across the world are expected to rise 8% in 2020, outpacing general inflation by 4.9%. Costs in North America are forecasted to rise the same rate as last...

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Religious organization allegedly inflating membership in insurance scheme

The Knights of Columbus, a Catholic fraternal organization and multi-billion-dollar life insurance company, has been accused of misreporting its membership numbers in an effort to get a better evaluation from insurance rating organizations. As...

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Annuities suffer from a framing problem, survey suggests

There’s a divergence between what consumers think of annuities and what their advisors are telling them when it comes to retirement income solutions, according to a survey conducted by Greenwald & Associates and CANNEX....

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Pacific Blue Cross announces alliance with Blue Cross Life

Blue Cross Life Insurance Company of Canada and Pacific Blue Cross have revealed plans to form an alliance effective January 2, 2020. The move is expected to benefit British Columbians as it combines national...

Many Sandwich Generation Canadians putting financial goals on hold

Many “Sandwich Generation” Canadians expect to put their own financial goals on hold in order to help their adult children and their aging parents, according to new research. The Sandwich Generation Survey is a...

Lincoln Hybrid Life/LTC Solution Offers Long-Term Care Planning Flexibility

Business Wire To help consumers meet the increasing need and cost of long-term care, Lincoln Financial Group (NYSE:LNC) today introduced MoneyGuard® III, the newest generation of its hybrid life/long-term care funding solution. MoneyGuard III,...

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Morneau Shepell acquiring U.S.-based MorningStar Health

Staff | September 17, 2019 Morneau Shepell Ltd. is acquiring U.S.-based MorningStar Health Inc. The acquisition will allow Morneau Shepell to enhance its U.S. presence in absence management, including leaves, disability, absence reporting and accommodation. MorningStar Health’s plan sponsor...

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JBA launches the first probabilistic global flood model

Groundbreaking technology underpins revolutionary approach to modelling Skipton, UK (Sept. 16, 2019) – JBA Risk Management, the global leader in flood risk management, has launched the first-ever probabilistic global flood model. This model allows...