disability insurance News

Job Disability Rolls Rise During Recession

Monica Soltes was excited 10 years ago to leave Merrill Lynch and start her own business as an independent financial planner in San Diego. After she fell off a porch at her cousin’s cottage and broke her elbow, her dreams …

Petersen International Releases Extended Benefit Supplemental Income Plan

Petersen International Underwriters has launched a specialty disability insurance plan that features a 10-year benefit period. “Prior to this new plan, the longest monthly benefit period that the market supported was 7 years,” explains Mark Petersen, vice president of marketing. …

Study: Recession Impacts California Workers’ Compensation

More people in California stayed on disability longer because a fewer “light duty” jobs are available in the down economy, authors of a study on worker’s compensation said. The impact of the recession on California’s workers’ compensation system was felt …

Disability Benefits Get Costlier and More Complicated

Like just about every other workplace benefit, disability insurance is becoming something workers have to manage and pay for, at least partially, themselves. In the current open enrollment season for 2012 benefits, more employers are asking workers to put some …

Sun Life Financial Launches Malpractice Insurance Reimbursement

The Employee Benefits Group division of the U.S. business group of Sun Life Financial, Inc. has launched a malpractice insurance reimbursement rider. The optional rider offers physician group long-term disability customers reimbursement of their malpractice insurance premium payments while they …

NFL Players’ Agents Calling Insurance Plays as Lockout Looms

Indianapolis Colts linebacker Gary Brackett promises to be ready for the start of next season — whenever it is. He also wants to be smart in these uncertain times. Indianapolis’ 30-year-old defensive captain, like his NFL brethren, is preparing for …