Flood-hit Wainfleet receives aid ahead of surge in insurance claims

insurancebusinessmag | June 18, 2019

With 40-60mm of rain forecast to fall today or tomorrow, flood warnings remain in place for inundated Wainfleet. The good news is that those in the insurance industry are lining up to help including the likes of RSA and Crawford & Company.We are doing all we can to help the people of Wainfleet get back on their feet as soon as possible, said RSA chief claims officer Karl Helgesen in a statement sent toInsurance Business.

Spotlight

This Visualizing Health Policy infographic charts recent trends in employer-sponsored health insurance premiums. Between 1999 and 2015, premiums increased by 203%, outpacing both inflation and workers’ earnings. However, the growth of premiums for family coverage slowed toward the end of that time period, from an average of 11% per year between 1999 and 2005 to 5% per year between 2005 and 2015. Between 2014 and 2015, the average premium for single and family coverage increased by 4%, and over the past 5 years, deductibles increased faster than both premiums and wages.

Spotlight

This Visualizing Health Policy infographic charts recent trends in employer-sponsored health insurance premiums. Between 1999 and 2015, premiums increased by 203%, outpacing both inflation and workers’ earnings. However, the growth of premiums for family coverage slowed toward the end of that time period, from an average of 11% per year between 1999 and 2005 to 5% per year between 2005 and 2015. Between 2014 and 2015, the average premium for single and family coverage increased by 4%, and over the past 5 years, deductibles increased faster than both premiums and wages.

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