Powered by Blogger.

Ninety-nine Years Of Fiscal (cliff) Policy

Saturday, December 29, 2012

The Senate spent an intense and grueling 3 whole minutes pouring over the American Tax Payer Relief Act of 2012 before voting and passing the bill, 89-8. Our Senators are truly amazing as they must have read one page per second and still spent 26 seconds discussing it. Congratulations are certainly in order as both parties came together in a collegial spirit of compromise and goodwill to do the work of the people. Now we can all expect tremendous financial recovery since our politicians have saved us all from the ‘fiscal cliff’…a dreadful combination of porkless spending cuts and tax increases. The proverbial can has been kicked merrily into the distant future. We can all breathe easy and forget about it until March. No doubt, by that time, our servant-leaders in Washington D.C. will then spell out specific cuts and increases, agree on a new debt ceiling and good times will be here again. Historians will be writing about the miraculous recovery implemented by the most brilliant and responsible economic geniuses to grace humanity in 6,000 years.

Specific numbers are coming out and the spin doctors are now explaining to us who the winners and losers are from the bill. But we only need look at two numbers and compare them to know we have all lost again. The annual tax increase is projected to be $62 billion. Last year’s budget deficit was $1.1 trillion (or $1,100 billion). This leaves our politicians with only two choices. Government can take a massive pay-cut, essentially bankrupting itself. Or it can arbitrarily raise the debt ceiling one more time.

The truth is, America has been on this losing streak for a century. Ninety-nine years ago, the powers that be created the fiscal cliff. In December of 1913, President Woodrow Wilson signed a bill that gave away control of America’s money supply to the largest privately owned banks in the world. We call it the Federal Reserve System but there is nothing federal or reservist about it. Created to eliminate recessions and depressions, the exact opposite has occurred over and over again. Instead, the Federal Reserve marked the beginning of fiscal cliff policy—the monetization of debt.

This is how fiscal cliff monetary policy works. When the government needs more money (and when does it not?) it must raise taxes. But raising taxes is usually not politically expedient. So instead, the government goes to the Federal Reserve, hat in hand. In the hat are treasury debt certificates, or T-bills. The Federal Reserve purchases these notes of indebtedness. They create money out of nothing, pass it on to the government, and then proceeds to charge the government interest on this money that does not exist. The government uses the counterfeit dollars to buy votes. This counterfeit money makes its way into the money supply and the government’s back-door tax increases begin to take effect. We call it inflation. The American people get higher prices, higher interest rates, higher unemployment, economic slow-down—a recession. This creates a boom-bust cycle that intensifies in pain on a regular cycle or is delayed by more debt purchasing. This cannot go on forever. The real cliff will eventually be reached and Biblical laws of cause and effect that exist in the realm of finance MUST push us over.

Our fiscal cliff monetary policy violates biblical principles concerning debt, just weights and measures, stealing, coveting, partiality, rules on collateral, multiple indebtedness and the insanity of fractional reserve banking to name a few. All of these will be dealt with in more detail in future articles. Needless to say, it will take massive national repentance from the top down to avoid our coming fiscal cliff. I’m talking the kind we read about in the book of Jonah. But I don’t see our president sitting in sack-cloth and ashes and that goes for your neighbors too.

I can’t help but be reminded from a scene in the movie, Dumb and Dumber every time I think or write about debt monetization. Lloyd and Harry recover a million dollars that was supposed to be used as ransom money to recover a kidnapped man. While working their way to the rightful owner of the money, they decide it would be okay to spend some of the money along the way. When the kidnapper finally catches up with Lloyd and Harry, pistol in hand, he demands they open the case. What falls out of the case are dozens of slips of paper. The kidnapper is furious but Lloyd confidently assures him that, ‘the slips of paper are better than cash…they are IOU’s.’ Needless to say, the guy with the gun wasn’t buying it.

Professional Liability Insurance Costs for New Architectural Firms

Wednesday, December 26, 2012

A ubiquitous concern among architects who wish to start their own practice is "How much will my professional liability insurance cost?" Coverage costs vary by:

· State in which the practice is located,

· The limits of coverage purchased,

· Project types being designed, and

· The experience loss history of the Architect applying for coverage.

The cost of insurance also varies annually as the insurance market hardens or softens.

What should an architect expect upon applying for PLI (professional liability insurance) for the first time? Professional liability insurance protects firms against claims and/or allegations of negligence, errors or omissions in delivery of professional services. In order for an insurance company to evaluate and price their risk in insuring a firm, they require completion of an application. The application captures information about business locale, annual revenue, the discipline and project mix of the firm, and the risk management protocols implemented to help minimize exposure to claims. They will also inquire regarding claims history.

When in the process of starting a new firm, the underwriter will expect estimates of anticipated business. A solid business plan goes a long way in terms of providing underwriters comfort, so submitting a brief narrative stating goals and direction for the new firm is crucial. Previous project experience will also be highly relevant. In order to qualify for Architects Professional Liability insurance, you must hold a registered and/or licensed architectural license.

To get a quote, one must submit:

· A complete application. Be judicious, as submissions compiled hastily tend to be priced higher or declined by underwriters.

· A resume showing representative projects, education and any Society/Association affiliations held. Associations convey professional commitment to the insurer. Engagement in continuing education has a similar effect.

· A mission statement including the direction intended for the business goals for growth.

Once committed to purchasing a policy, annual renewal will be necessary to maintain coverage on work performed under the new firm. Professional liability insurance is written on a "claims-made" basis. This means a policy must be in force at the time a claim is made in order for coverage to apply. Also all policies contain a "retroactive date", which is the inception date of the initial professional liability insurance policy.

It is not possible to get coverage for work that you performed before applying for professional liability insurance. In essence, the key to covering architectural professional liability is to purchase from a trustworthy provider, and to do so immediately upon inception of a practice.

Professional Indemnity Insurance - Why Is It Necessary for Professional Service Providers?

Monday, December 24, 2012

Professional Indemnity (PI) insurance is associated with providing protection for professionals who sell their skill or knowledge. At times, in course of professional work, errors are prone to occur which attract a liability. PI insurance is meant to protect you against such liabilities.

Professionals like architects, chartered accountants, software consultants and the like are at risk. Some of the causes which can lead to liability are inadvertent disclosure/loss of data, malfeasance, infringement of copy rights and professional negligence. Howsoever expert you are in the area of specialization, you are at risk because of the reasons just stated. It is for this reason that you, as a professional, should buy PI insurance of appropriate cover.

Things covered under the policy
• Professional negligence: PI insurance offers you protection against law suits because of your professional negligence which entails some loss to your client. It covers problems arising from accidental mistakes, which are not within the purview of your personal control; say, your employee inadvertently deletes data from the database while in course of work, which leads to the loss of crucial data. The insurance provides the needed financial indemnity that ensues in the event of a legal liability.

• Circumstances unforeseen: Many of the faults that take place are not done by the professional intentionally. They are very much unexpected, but may lead to huge financial loss. As one is not prepared to face this unforeseen financial burden, having professional indemnity insurance can be of great help.

Apart from the financial compensation that you have to pay in case of litigation, professional indemnity insurance will also take care of precautionary advice which you, as a professional, deserve. These differ widely across professions. It will point to the remotest possible error on your part that may cause you to suffer a lawsuit.

• Lawsuits with malicious intent: At times, businesses or people with a malicious intent might drop you in trouble by suing you. In such cases, you can neither ignore the severity of the case, nor do you have the competency given the manoeuvring tactics at court of law. PI insurance would play the role of a lifebuoy at such predicament.

Who needs PI insurance?
PI insurance is meant for professionals who offer their knowledge, experience or skills as a paid service. Architects, engineers, brokers, solicitor, financial advisers, accountants are a few professionals who can take advantage of PI insurance. Above all, self-employed professionals should buy it at any cost, as they are solely responsible for their profession.

The clients can sue you because of your professional negligence of any sort.

Other benefits offered by the policy
Note that the law suits raised because of negligence on your part are difficult to handle in terms of time, resources and professional expertise. Sometimes, these legal claims might be too big to pay yourself, unless you have enough financial strength. Further, it may go to the extent to bring disrepute to you as also to your profession.

PI insurance is hence advisable for you, as it covers all the accidental mistakes which are potential enough to give rise to legal suits and claims for compensation. It avoids financial crippling in case of claims, saves reputation and enables smooth run of business.

Professional indemnity insurance may prevent you from having needless strain and your business from having a debilitating effect. Buying this insurance might cost a little, but the benefits thereof are manifold which you take into account.

5 Things To Ask Yourself Before You Buy Professional Indemnity Insurance

Saturday, December 22, 2012

Professional Indemnity Insurance is designed to protect you when a problem arises with any professional work you have done. In today's litigation culture, this form of insurance is becoming increasingly relevant for a range of professions. Are you thinking about Professional Indemnity Insurance? Before you buy, it pays to consider the crucial 5 questions:

What exactly is Professional Indemnity Insurance?

Professional Indemnity (PI) Insurance is designed to protect you in the case of professional error. In the course of your working life an instance may occur where unfortunately, the professional skill you exhibit is deemed inadequate. In this situation, a dissatisfied client may seek some form of compensation, resulting in financial implications for you and your business. This is where PI Insurance comes in: it provides financial support for defense costs, withheld fees and any compensation which may be awarded against you. In simple terms, Professional Indemnity Insurance is financial protection against professional error.

Why do I require PI Insurance?

This type of insurance is typically relevant for professionals who regularly give advice to their customers, and/or who are responsible for customers' data and other intellectual property. It can loosely be regarded as protection against non-physical but nonetheless detectable damages. PI Insurance can be voluntary, but it is mandatory for some professions, such as Architecture, Accountancy and some IT Consultancy.

How does PI Insurance benefit me?

If you are at all liable to be challenged in the competency of your work, or there is scope for your services failing to meet the expectations of your client, then PI Insurance will certainly benefit you. PI Insurance will provide you with financial support if you are accused of professional negligence, misuse of intellectual property, loss of data, dishonesty and defamation incurred by your business. Despite best intentions, no one is immune to mistakes or accusations of mistakes - PI Insurance tackles the consequences of these errors.

When does the cover come into action?

Most forms of PI Insurance work on a claims-made basis. This means that the insurance only covers the claims made during the policy period. If an incident occurs whilst you hold the policy, but the claim is made after you have discontinued the insurance, then the claim will not be covered. On the flip-side, if an incident occurred before the time of holding the policy, but the claim is made once you have the insurance, then you can be protected. Each claim is treated individually - as the policyholder, you can usually select your own limit of indemnity.

Where are there exemptions and conditions?

To ensure the most comprehensive insurance, it is advisable to thoroughly research the policy options available. Many providers of PI Insurance offer industry-specific policies. Requirements are different for each sector: for some, cover is restricted to business carried out within the EU, for example. The policyholder will usually be required to pay an excess for each claim, and the amount varies according to policy. Suitability of Professional Indemnity Insurance can be achieved by the varying levels of cover available. This suitability can be further tightened by bespoke policies which can be continually amended.

It is important to tailor Professional Indemnity Insurance to the requirements of your individual business. The insurance is ultimately designed to protect you in the case of professional mistakes - choosing the right Professional Indemnity policy is the first step towards annulling these errors.

Exchange staff back off eroding essential health benefits

Friday, December 21, 2012

At yesterday’s CT Health Insurance Exchange meeting we learned about an attempt by Exchange staff and the Insurance Dept. to reduce the Essential Health Benefit Package that had been agreed to earlier this year in a contentious but inclusive and public process. Like the last process that rejected active purchasing, this process happened in evening conference calls not open to the public in a very short time frame. This time, however, providers and advocates on the committees voted down the benefit package erosion (active purchasing was not part of the reconsideration) and the staff finally agreed to pull the proposal from the Board committee agenda yesterday. However at the meeting, staff stated that they plan to lobby the fed.s to let them re-consider, and lower, the agreed-upon essential benefit package. The issue is CT mandates for coverage in state law – whether they cost or save money in premiums and how much. A public commenter noted that affordability is very important, but eroding mandates may not work to keep costs down. Active purchasing is proven to reduce costs, but the Board and staff have rejected that proven tool and have indicated no interest in re-visiting that decision. Other news included a strong theme of affordability in the Healthy Chat public events. Staff noted that many people were new faces to health care, not traditional activists. They also noted that people had “done their homework” and were very sophisticated in their understanding of active purchasing and its potential for affordability. The staff is still working on the details of the health plan benefit standards and benefit design, how plans will be rated for innovation and plans for quality monitoring. Advocates will be watching this process carefully for further standards that erode consumer protections, if there is any transparency or opportunities for meaningful public input.

How Trading Binary Options With Traderxp Rebates Or Bbinary Rebates Works

Wednesday, December 19, 2012

In today’s world, more and more people are finding that they are dissatisfied with their single income stream and are constantly seeking ways to augment their income with secondary income streams. One of the best ways of doing this is through trading and among the increasingly popular financial products to trade are binary options. In order to trade binary options, you need the services of a broker, and almost all brokers charge a fee for the use of their services. With Traderxp rebates and Bbinary rebates, however, you can reduce the overall amount that you pay for the services of a broker because you get rebates when you sign up for their services.

Binary Options

The origin of options actually comes from producers who wanted to achieve greater financial certainty so that they could better plan their activities throughout the financial year. In order to do this, they had to fix the prices of the materials that they required for production. A manufacturer that required iron, for example, might estimate the amount of iron necessary for production over the entire year and the times at which that iron would have to be purchased. Based on market predictions, it would then estimate what the cost of iron should be at those times. The manufacturer would then enter into an agreement with an iron supplier to buy iron from them at that particular price on a particular date. This agreement came to be known as an options contract.

Binary options, however, function in a different manner from simpler options mentioned above. Instead of being an option to purchase a particular product, binary options have two outcomes. The first outcome is a win for the trader, and involves a payout of a certain percentage of the value of an underlying asset. The second outcome is a lose for the trader and simply means that he or she gets nothing back. Some brokers offer a certain percentage of your money back on losing trades, but that is a feature of the particular broker rather than of the binary options themselves.

Getting Money Back

As with most online service providers, brokers require that you sign up for an account and pay a fee in order to trade in binary options. With the sheer number of binary options brokers operating online, however, some brokers have had to market their services aggressively in order to attract customers. One way that they have done so is through partnerships with broker databases that offer rebates for sign-ups. This way, the brokers are able to attract more customers while customers feel greater satisfaction at having gotten some of their sign-up fee back.

It was common practice for database websites to receive a commission in return for each sign-up that they successfully referred to a broker. As more database websites were created, the databases themselves encountered heavy competition. Some of the better databases then started to share their commissions with their customers in order to attract more customers. When you sign up with Traderxp or Bbinary through the right database website, you will get your brokerage membership and enjoy Traderxp rebates or Bbinary rebates at the same time.

Debt Consolidation Loans For Bad Credit Management: What To Consider

Monday, December 17, 2012

Many Americans have suffered the same fate in recent years. After almost a decade of easy credit card and loan approval, the economic crises hit hard leaving honest borrowers with a mountain of debt before them. And for many Americans, the ideal solution is getting a debt consolidation loan for bad credit management.

It has been no secret that this solution is one of the most popular, but it is worth noting too that it is not a matter of erasing all debts – as some people think. Rather, it is a matter of clearing debts quickly by buying out the balances with a more affordable loan at a more flexible repayment structure.

What this means is that the crippling debt is replaced by a single debt consolidation loan, which must be repaid. This in turn means that applicants need to prepare their applications properly, so there are some issues that should be considered before submission.

When Clearing Credit Cards

One of the chief debts cleared through consolidation is credit card debt. But getting a debt consolidation loan for bad credit management means all debts can be cleared at the same time. This means a wide variety of interest rate structures need to be considered.

For example, a credit card may charge 22% APR on their balance, with the result that very quickly the sum owed becomes significant. When 4 or 5 cards are involved, then the debt can become huge. But it is important to consider the other debts too before agreeing consolidation terms, so when clearing debts quickly, everything can be managed effectively from the start.

What makes a debt consolidation loan so effective is that the whole financial mess can be wiped clean in favor of a more manageable situation. And it can only remove the financial headache if the monthly repayments are less than the combined repayments already being made.

Compare With Other Fast Loans

There are other options out there that might be considered too. Admittedly, it is hard to find any that offer the same kind of breaks, so getting a debt consolidation loan for bad credit repair is arguably the one everyone prefers to turn to.

But what is the main alternative? A payday loan is the key one, and is almost certain to be approved if the applicant has a large enough monthly income. The loan is granted on the back of an upcoming paycheck, and can be approved and deposited into an account in a matter of hours. So, it is ideal when clearing debts quickly is a must.

But it only suits small debt sums, with most payday loans maxing at $1,500. Anything more than that will need a more detailed loan agreement, with repayments over 90 days or so. Interest is also huge, as much as 500% APR, so a debt consolidation loan is clearly more affordable.

What Out For Unnecessary Charges

A third key point is the fee that debt consolidation companies charge. While it is always possible to get a debt consolidation loan for bad credit management independently, when the debt is very high, a professional service might be needed.

As service providers, the consolidation company will charge a fee, but remember that nothing should ever be paid in advance. If a company suggests that this be done, then it is best to walk away. The correct process is for the company to deduct the fee from the sum borrowed as it is deposited into your account.

Clearing debts quickly is always desirable, but remember there is always the risk of unscrupulous operators. So, check out the background of any prospective company before agreeing any debt consolidation loan with them. The Better Business Bureau website is the best option.

Starting Over With The Help Of Declaring Bankruptcy In Cleveland

Saturday, December 15, 2012

It will be very hard to find anybody who purposely wants to go through a bankruptcy, the fact of the matter is that sometimes folks try their best and find themselves needing to declare bankruptcy when there is no way to remedy their financial situation. If you are falling so behind on your bills that you have got collection agency after collection agency calling and you are in danger of foreclosure or wage garnishments, Cleveland bankruptcy will help.

Personal bankruptcy can help you if you are mired in debt as a result of medical bills and credit cards. Once your bankruptcy is complete, your credit report will show a zero balance on all of your unsecured debt accounts. This is usually a huge relief to know you will no longer have to worry about how you are going to make those payments. You do not have to fear bankruptcy. While it may have some stigma connected with it, the truth is that it's nothing that you need to be ashamed about. Aside from helping you to get out of debt, experiencing a bankruptcy has other benefits, too.

As soon as you start your bankruptcy proceedings, credit collectors can no longer harass you. This is often a welcome relief for someone who has been dealing with creditors and collection agencies for an extended time. You'll get to start over and have a brand-new chance at building good credit. Of course it's true that Cleveland bankruptcy will stay on your credit report for several years, but in the meantime, you can get yourself back on track to becoming more responsible and wise about how you spend your money. You can start building your credit back again more quickly thanks to the elimination of all the debt that you tried to pay on, but couldn't keep up with. You won't need to struggle to purchase the basic things you truly need in order to get by in life, thanks to not having debt hanging over your head that kept you from affording even basic necessities.

If you've been thinking about a bankruptcy filing, it's essential that you speak with a knowledgeable attorney who will walk you through all of the steps needed and enable you to understand which type of bankruptcy fits your specific situation. Filing for bankruptcy is not a simple thing to do by yourself, and there are many steps that have to be taken to get the filing done correctly. That is why having someone who is experienced in filing for Cleveland bankruptcy help you start the process is a good idea. The legal representation you have will be in command over organizing the only hearing you will need to attend if you file for Chapter 7 bankruptcy, and that is called the "meeting of creditors." This hearing will typically be a speedy one. Creditors may show up at and ask you questions.

A bankruptcy case often takes anywhere from four to six months to finalize but with the assistance of a legal professional, you may be able to have it done quicker than that. It's important to find legal representation that you feel safe working with. They should be professional, friendly and definitely happy to help you. There really isn't any reason to work with an attorney who passes negative judgment or is rude to you. A good attorney will understand that bankruptcy is not a simple thing and that it can affect people in a big way emotionally. As soon as you hire one who knows this, it will make the process easier.

As soon as your bankruptcy has been filed, it might be wise to get credit counseling so that you can learn to make new and better financial choices. If you're searching for a fresh new start to controlling your finances, Cleveland bankruptcy may be the answer. Be sure to perform a little research to make sure you know it is right for you. An attorney or legal professional can discuss your options with you and assist you to understand more about filing for bankruptcy.

Insurance Agent Marketing - Quick Follow-up Essential to Write More Policies

Friday, December 14, 2012

Every successful insurance agent knows writing more policies is the key to ongoing financial health for their career. More policies mean more leads need to flow in. And once those leads are gushing in, then your agency must take a series of constructive actions to follow-up those leads...or else--no more policies. Follow-ups might be as simple as: Returning a phone call. Getting a quote out. Writing a quick thank-you. Sitting down at the kitchen table with a family. Whatever the follow-up action, it is vitally important for any insurance agent to be prompt in carrying it out. Every prospect that's waiting for a quote or for paperwork to be sent over should be on your "endangered species" list. They occupy a fragile environment until you've got a check in hand. Today's consumer seeks out an agent because they want the re-assurance of the local touch. Insurance marketing at the national level, based on a direct-sales model, is very popular. Just look at how much advertising money the big players pump into their TV spots. And yet insurance agents continue to thrive. Why? Because people need the one-to-one reassurance that only a local agent supplies. But, even though consumers need you, it doesn't mean they'll wait patiently for you. They are well-trained by the instant service they are trained to expect during internet and catalog shopping. But you offer personalized service, right? You take the time to visit the customer, to find out the family's needs. Doesn't that put you head and shoulders above the 1-800 crowd. Well, it certainly gives you a head start. Yet successful insurance agencies simply must train all staff to promptly follow-up. There is one unbreakable rule: Let the client know what your next step is and when you'll do it. If you are going to call back with a quote and it'll be twenty minutes, tell the client that's the timeline to expect. If you're running late to an appointment--even just ten minutes--phone and let your client know. One of the biggest mistakes salespeople make is not communicating to the client the next step in the process. Sure it's a mistake to be late, but it is a forgiveable mistake. What is intolerable is to hide when an error is made. The signals you send at the beginning of the relationship will set the tone for the months to come. Why start out by digging yourself a hole by telling the customer (ever-so-subtly) that they aren't worth your time to call? See, it's not just enough to be fast; you have to be trustworthy, too. Otherwise in one moment of customer misperception you'll throw away all the great insurance marketing and lead generation that you are working so hard to achieve.

Consolidating Private Student Loans: The Key To College Debt Recovery

Wednesday, December 12, 2012

Graduation is supposed to be a reason to celebrate, but instead many students see it as the end of their repayment deferment period and the start of their financial woes. In fact, the size of their college debt can be debilitating, but consolidating private student loans is a very viable route to financial recovery.

The reality is that even a decade after graduation many people are still repaying their college loans, so the ability to take control the debt is a huge attraction to students. Getting onto a loan consolidation program, even while at college, is seen as a practical way to accomplish this.

Of course, getting the best terms possible is very important, with a range of benefits to be enjoyed if the right deal can be found. But the aim is to pay off the student loans once and for all. A consolidation program offers the chance to clear them in one fell swoop, then repay a single loan on more affordable terms.

Key Advantages: Recent Graduates

Graduates should take a look at the options available before consolidating private student loans. In fact, there are two forms of graduates: recent graduates and long-term graduates. Recent graduates have the maximum debt before them, but because they have not yet had a chance to build a career and are still low earners, it remains difficult to make repayments.

The best option for them is to agree a long-term consolidation deal, extending the repayment term to perhaps 20 or even 25 years. With fixed interest rates, they are easy to budget for, and over such a long length of time, payments on the loan consolidation program are very small.

It is not considered advisable to choose a variable interest rate because the repayments can fluctuate, making them more difficult to manage. In order to consolidate student loans effectively, it is necessary to have a reliable repayment structure.

Key Advantages: Long-Term Graduates

Long-term graduates are those who have been out of college for at least 5 years, though some might still be repaying college debts after 10. They differ from the alternative category in that they usually have a larger income and are on a definite career path. But they look to consolidating private student loans to allow them to finally control of the debt.

The structure of the loan consolidation program may be short or long, and since these graduates have a larger available income, accepting a variable rate may be a good choice. Although rates will fluctuate, they may go down and, over a number of decades, that could lead to significant savings.

Of course, even if the interest increases and the repayments along with it, a full-time employed graduate should be able to shoulder the rise. It is a useful option when the student loan balances are still quite high, and the available income is not so big.

Find the Best Program

Effectively consolidating private student loans is as much about finding the best deal as getting the best loan is. With the wrong terms, the program can turn out to be quite expensive. With the development of comparison websites, the task of finding the best program is made easier.

Online lenders tend to offer the best deals in almost every category of financing, but sifting through the hundreds of deal, offering specific terms and conditions, to find the one that matches the needs of the applicant, is simplified too.

Remember, a loan consolidation program should make repaying debts much easier, so before choosing a program know your current debt, calculate the affordable monthly repayments, and ensure the repayments of the new loan beat the old ones hands down. Then student loans can be gotten rid of in confidence.

HHS approves CT insurance exchange plan

Tuesday, December 11, 2012

Along with six other states, CT’s health insurance exchange received approval yesterday from the federal agency providing funding. CT was among the first six states to apply to HHS for approval – 14 states have applied to date. No state’s application has been denied. CT’s exchange has been criticized for their plan to accept any willing plan and refusing to negotiate with insurers to control costs and reduce consumer premiums. CT’s exchange also voted not to conduct a secret shopper survey to monitor whether people who purchase their insurance plans can find a provider. The exchange has also been criticized for having no independent consumer Board members, having Board members with close ties to the insurance industry and for members with insurance company investments.

Have You Sorted Out You Cass Resolution Pack? The October Deadline Is Nearly Here

Monday, December 10, 2012

The FSA’s regulations for CASS resolution packs becomes active on the 1st October 2012. The main objective of the CASS resolution pack is to clearly provide signposts to a company’s insolvency practitioner to help swiftly resolve any returning of client money and assets to clients.

The new legislation requires firms to be able to find the information described in the resolution pack as soon as possible and in any event within the period of 48 hours. To sum up what is required the pack must include the following:

• the place where copies of executed agreements can be found.
• details of any third party that have been used to perform CASS operational functions as well as a document which provides specific instructions about how to access relevant information that is held by a third party.
• the means to process a transfer of any client money or assets;
• copies of the organisation’s processes for the management, recording and transfer of the client money and safe custody assets that it holds.

Find out more specific information about the exact credentials that are required under the new FSA regulations by referring to the article that we published back in May.

The FSA has selected CASS compliance as of its core regulatory risks in its 2012/13 Business Plan. The requirement for each company to prepare and maintain a resolution pack means that it will be much easier for the FSA to carry out inspections and assess a firm’s compliance with these regulations.

Firms should be aware that there will be a higher frequency of thematic reviews that will specifically focus on the existence and usability of these resolution packs. Firms that do not prepare or maintain them will be in breach of the new regulations.

If you are affected by this new FSA legislation, IMS has put together a navigation pack that clearly states all the requirements and provides a basis for collecting the information required by the new rules in a transparent and consistent manner.

Market Makers & The Going Public Transaction

Friday, December 7, 2012

The last step in going public transactions is most often obtaining a stock trading or ticker symbol from the Financial Industry Regulatory Authority (“FINRA”). For a company to obtain a ticker, a market maker must submit a Form 211 on the issuer’s behalf to the Finance Industry Regulatory Authority (“FINRA”).

Only a Market Maker can submit a Form 211 to obtain a ticker symbol assignment. An issuer cannot submit the form itself. As such, the sponsoring market maker plays an important role in the going public process.

What is a Market Maker?
A market maker is a FINRA registered broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Broker-dealers must register with FINRA to act as a market maker of a security.

Market Maker Regulation
Market Maker activities are regulated by the Securities and Exchange Commission (“SEC”) as well as the Financial Industry Regulatory Authority (“FINRA”). FINRA oversees registration, education and testing of market makers, broker-dealers and registered representatives. FINRA rules governing market makers in going public transactions involve a variety of criteria.

Market Maker Compliance with SEC Rule 15c2-11 in Going Public Transactions
SEC Rule 15c2-11 requires that current public information be made available to investors. This information is initially provided in going public transaction by the market maker when it submits a Form 211 and 15c2-11 application with FINRA for a ticker symbol assignment. FINRA and SEC Rule 15c2-11 require that the market maker has a reasonable basis for believing that the information provided by the company in its Form 211 is accurate and from reliable sources.

FINRA Comment Process in Going Public Transactions
SEC Rule 15c2-11 l Form 211 Application
In a going public transaction, a market maker must submit a Form 211 application to FINRA to apply for the company’s trading symbol. FINRA may render comments to the application which the sponsoring market maker and company must respond to. Once FINRA is satisfied that the disclosures satisfy the requirements of SEC Rule 15c2-11, a trading symbol is assigned and the Market Maker can quote the company’s securities. Once this occurs, the securities of the private company going public can be quoted by the OTCMarkets on the OTCPink Sheets and investors can purchase the company’s securities through their broker.

Form 211 Exclusivity Period for Sponsoring Market Maker
For the first 30 days after a ticker symbol assignment in a going public transaction, only the sponsoring market maker filing the Form 211 can publish quotes of the company’s securities. After the sponsoring market maker has published quotations for the security for at least 30 days, then other market makers can publish quotations.

Market Maker Fees For 211 Filings
Market Makers generally earn money by buying stock at a lower price than the price at which they sell it, or selling the stock at a higher price than they purchase it back. FINRA prohibits market makers from charging issuers fees for filing a Form 211 including in going public transactions. Despite the foregoing, unscrupulous market makers frequently find ways to circumvent FINRA’s requirements including by funneling fees for 211 filings through transfer agents they control or sham consulting agreements. Engaging in such activities compromise the entire going public transaction and place the company as well as the sponsoring market maker at risk for enforcement action.

FINRA l Market Maker l Shareholder Requirements
The private company seeking to go public must have enough shareholders to demonstrate an active trading market can be established. This means that prior to filing a Form 211 the company should have at least 30 or more non-affiliate shareholders that paid cash consideration for their shares, and have owned those shares for at least 12 months. The private company seeking to go public should have at least 1 million shares outstanding, of which at least 250,000 are free trading shares.

How Verified Liability Insurance Attracts Contractors

Wednesday, December 5, 2012

If you are a small information technology (IT) business and finding it hard to get contractors to work with your company, maybe you are overlooking the importance of verified liability insurance. Having business insurance can really add a level of professionalism and ease tension when getting work from outside contractors.

Let Them Know You Trust Their Abilities

Let's face it, no one wants to work for a small IT company if they don't respect their workers and offer coverage in dangerous or risky situations. Professional liability insurance makes contractors more comfortable because their skills are backed up by your company's coverage. You basically instill confidence in contractors when you offer professional liability insurance.

Have Control of Any Detrimental Situation

In addition, if you hire a contractor, you both want to make sure things run smoothly. If something goes wrong, though, you want things to be under control. If the contractor looses client information or data, doesn't show up, or there's a system failure, your professional liability insurance will put all three parties (you, the contractor, and the client) at ease. It's the perfect solution.

Verified Liability Insurance Eases Contractors By:

o Instilling confidence in their work

o Protecting them and you from injury or unsatisfactory service/product

o Adding comfort for all parties involved

o Building stronger trust between you and the contractor

o Ensuring the project will run smoothly

o Proving that your business is professional

Overview of General Liability Insurance

Most companies will find a general liability insurance package that lines up with their business operations. If you are a small IT business without many risky scenarios, general liability insurance is probably a great money-saving option. It will cover most accidents and, most importantly, cover destruction or theft to your computer's software and hardware. General liability insurance covers almost everything related to bodily injury, property damage, products-completed operations, fire or explosion damage, and legal defense costs. There are also a ton of other options that usually come with general liability insurance.

Add Professional Liability Insurance to the Mix

While general liability insurance covers mostly physical damage or injury, professional liability insurance will cover you if a client claims financial loss due to your service or product. This is extremely important for your business if you are contracting work out. You never know when a little slip up will cause a catastrophe for your client. Get assistance from a professional broker to find a good insurance rate for your specific business. There are a wide range of options, so invest your time and money in finding the appropriate professional liability insurance to suit your specific needs.

Show Off Your Business's Professionalism

A sense of professionalism really adds trust and will make your relationship with the contractor much stronger. Business insurance really proves that you are an honest business owner. If you can prove to contractors that you mean business and want to make sure all parties are covered in messy situations, they will be much more willing to work with you.

Make Negotiations Run Smoothly

Negotiations will also move along much quicker without conflict. There's nothing worse than getting close to an agreement and then it falling through at the last minute, leaving you without a contractor. With liability insurance backing you up, it's much more likely that you will reach an easy agreement with the contractor.

So start building your contractor relationships today and find insurance that will suit you and your company.

Getting Urgent Financial Help Is As Easy As 1-2-3

Monday, December 3, 2012

Life does not always feel as nice walk aside seashore on a good sunny day. It occasionally challenges us with thunderstorms, such as family emergencies, health issues, to name a few. Most of us are usually unprepared for unforeseen events like this, both morally and financially. In most cases, such emergencies require some cash, while some people may not have it handy. In an urgent need for funds, it may seem as there is no immediate financial solution. In fact, there is a good one: cash advance loans. While they have higher rates and shorter terms, compared to traditional lending products, they offer an unparallel advantage of getting cash fast and easy.

Why Go With Cash Advance Loan

Cash advance loans are a perfect solution for immediate financial needs. They are very simple to find, since most lenders offer them online. They are extremely easy to obtain, since they feature no credit check and easy approval with minimum documents needed, if any. They boast fast funding: the funds are available either immediately or within 24 hours. They are as close as an ATM machine, since, once approved, funds are typically wired to your bank account. No matter what your situation is, they are for you to help. Cash advance loans are especially helpful to people with bad credit, when traditional lenders are within no reach.

Getting a Cash Advance Loan Has Never Been Easier

You can say good-bye to your local check cashing vendors and pawn shops. There is no need to get from the couch, put your coat on, and step out the door. Internet technology has made it simple to apply and obtain a cash advance loan. In fact, the money is only few clicks away. Application process is done entirely online, at any hour of the day. Approvals are usually lightning fast and hassle-free. Once approved, however, there may be some verification needed. You will have to have documented proof of identity, income, and banking information.

Therefore, make sure to get your ID, paystubs, and checkbook ready. Once all the paperwork is in place, the loan proceeds are typically wired to the borrower’s bank account. Some lenders also offer alternative funds delivery options, such as money transfers and local cash pickups. Paying loan back is also worry-free, since the loan payments are usually withdrawn from the borrower’s checking or savings account.

Cash Advance Loans Are Great When Used Right

While lenders usually do not ask borrowers what the loan proceeds are going to be used for, it is important to understand that cash advance loans are designed for emergency uses, when no other financial help is available, or when it is within a long reach. They are an excellent tool to help with late bills, medical issues, and bank overdrafts. They are not designed, though, for purchasing a car, funding a wedding, or remodeling a house. Due to higher rates and shorter terms, cash advance loans are not suitable for long-term borrowing needs. Should such need arise, alternative financing options should be researched, such as personal loans, home improvement loans, or car loans.

Outreach recommendations for reform

Small grants, engaging an army of trusted community messengers, ubiquitous marketing, and robust monitoring will be critical to enrolling the estimated 130,000 newly eligible CT Medicaid members in January 2014, according to a report by the CT Health Policy Project. Best opportunities for outreach include small businesses, providers, current HUSKY members, faith-based communities, connecting with employers and other state programs, targeting life transitions, improving application and enrollment processes, and thanking outreach partners. It will require strong, concerted efforts to overcome the program’s stigma and other barriers to enrollment. The report draws on the experience of community organizers, consumer advocates who worked on HUSKY outreach, providers that care for CT’s uninsured patients, and lessons from other states. While aimed at Medicaid, many of the report’s findings also apply to the new CT Health Insurance Exchange. Report

Thursday, November 29, 2012

Exchange Board and staff water down already watered-down affordability and access provisions In a surprise to advisory committee co-chairs, CT Health Insurance Exchange staff submitted four alternative policy proposals at today’s Board meeting – they were adopted virtually intact by the Board. The staff alternatives were contrary to the recommendations adopted Tuesday by the Consumer and Qualified Health Plan Advisory Committees, with Exchange staff at every meeting. One staff change increased the number of options insurers can offer (in response to insurance industry comments); research shows that consumers prefer and make better choices with a limited number of well-vetted options. Another eliminated a secret shopper survey to ensure that the plan’s provider panels are accurate; in a Mercer study of HUSKY plans, shoppers were only able to get appointments with one in four providers on those HMO panels. Staff stated that accountability in secret shopper surveys seem “too adversarial” with insurers. Another proposal reduced the number of essential community providers that plans have to include in their networks, such as community health centers. The last one eliminated even the guidance that the Exchange will develop a plan of some undefined type to eventually, someday move along a continuum toward an active purchasing model. Active purchasing now saves MA exchange consumers millions in premiums by fostering competition and negotiating rates with insurers.
Staff reviewed comments to the draft health plan solicitation. Ten of the 22 comments mentioned were from insurers – half were accepted in the staff proposals, two were not, and three others were not relevant. Five comments came from NCQA, two from unknown sources, four from this consumer advocate (none were reflected in proposals) and one from a provider (was reflected in joint committee proposal).
The Exchange staff also announced they have hired Pappas Macdonnell, a Westport marketing firm with experience in selling corporate insurance and financial products. When asked if they have any experience in marketing to low-income, uninsured populations, one representative noted that he has worked on Democratic political campaigns.
In other news, they have settled on a new name for the Exchange – Access Health. They also have submitted an application for $2.6 million in federal funding for application assisters. They expect to award about 300 grants of about $6,000 each to community organizations to publicize the exchange, help people figure out what assistance they are eligible for, and help them enroll. They have hired three new Exchange staff this month.

The official vote tally for today’s vote to kill active purchasing

Wednesday, November 28, 2012

From Exchange staff: Below lists the results of the votes cast by the Consumer Experience and Outreach and Health Plans Benefits and Qualifications Exchange Advisory Committees with concern to the certification of Qualified Health Plans within the Exchange.-- Note -- a vote to approve is against active purchasing -- Results:
Twenty (20) – Approve Two (2) – Reject Approve
-- Sheldon Toubman Vicki Veltri
Gerard O’Sullivan Anne Melissa Dowling Deb Polun
Marcia Petrillo
Steve Frayne
J. Erlingheuser
Mark Espinosa
Gloria Powell Margherita Giuliano Tanya Barrett
Bonnie Roswig
Mary Fox
Alta Lash
Arlene Murphy
Sarah Frankel
Cee Cee Woods
Dr. Robert McLean Dr. Robert Scalettar Reject
-- Kevin Galvin Deirdre Hardrick

Joint exchange committees voting down active purchasing, cost control

While the votes are reportedly still coming in, it appears that the Consumer and QHP Insurance Exchange committees have voted against active purchasing. With active purchasing, other state exchanges are using the power of numbers, as large employers do, to negotiate better premiums, lower costs and better coverage for their members. MA has saved millions for consumers in their state with active purchasing. While the committees’ language includes a symbolic nod to possible future negotiation, it is far weaker than current state law. Reportedly, through a procedural maneuver, Exchange staff and committee co-chairs agreed to link all the proposals in one vote. Providers on the committees were picked off by adding back requirements that their organizations be included in network standards. Reportedly consumers lost votes we would have had if active purchasing had had a fair vote. All meetings this week and negotiations over language were conducted in secret. A critical negotiation session happened by conference call, but the public was not allowed to listen in. (The public was told to come to the LOB, from 6 to 7pm Monday to hear the call. However the building closes at 5:30.) This secrecy would not be allowed if the Exchange was part of state government – there are laws about that. But as a quasi-public entity, they can make their own rules. It is ironic as 50% of the Board members are public officials (71% if you count spouses and retirees), and all their millions in funding come from taxpayers. Exchange staff also incorrectly argued that they had to have this issue decided in time to release the health plan solicitation next month. However, state RFPs rarely release specifics on how they will score bids with the RFP release. Why would you? Now the HMOs know that as they prepare their premium bids, that the sky is the limit. We will post the vote tally as soon as we get it.

Just 6 days to comment on exchange health plan solicitation

Saturday, November 24, 2012

Stakeholders had only six days to comment on the 40 page health plan solicitation from the CT Health Insurance Exchange – and it’s already over. Stakeholders in CA and MD had months to comment, with multiple drafts, meetings and opportunities to craft better proposals. The CT Health Policy Project’s initial comments centered on active purchasing, network adequacy, and the proposed “iterative process”. MA’s Connector has used active purchasing to save consumers millions in premiums – CT should do the same. When consumers are required to purchase coverage in the exchange, they must be able to get an appointment with a provider. HUSKY secret shoppers were only able to get appointments with 1 in 4 providers on the health plan lists. Using the standards from HUSKY contracts, thoroughly vetted in CT, and intensely monitoring compliance is key. The exchange’s proposal to initially implement a weak exchange and implement some standards later will sound eerily familiar to CT advocates – with a very poor history. Other comments include better cost sharing structures, standardize rating options so differences are meaningful, wellness programs that aren’t a screen for cherry-picking, constructive connections to the Medicaid program, accreditation standards, quality improvement plans (at least have one), and CID rate reviews as a floor. Perhaps the most troubling thing about the proposal is how much is taken on faith in attestations from insurers. Will anyone be monitoring to see if the promises are real?

Exchange advisory committees reject “any-willing insurer”

Tuesday, November 20, 2012

Today in a joint meeting of the Health Plan Benefits/Qualifications and Consumer Experience/Outreach committees of the CT Health Insurance Exchange voted against the staff recommendation “that the Exchange not deny any carrier QHP certification on the basis of its approved rates”. The only votes for the staff’s any willing insurer proposal were from Aetna and CT Insurance Dept. representatives. The committees asked staff to come back with a new proposal that includes rate negotiation.

Insurance Agent Marketing - Escape the Lead Avalanche

Sunday, November 18, 2012

Leads. Every insurance agent needs an inflow of qualified insurance leads. No matter how big your current book of business, attrition will surely erode it. People move, pass away, or--heaven forbid--find another agent for their insurance needs. Of course, you know a key component of your insurance marketing plan must be the ongoing retention of your clients. It's vital for you, as a top-producing insurance agent, to keep frequent contact with your current customer base. But, no matter how skilled your efforts at marketing insurance products to your customers, there is simply no way retention efforts alone can sustain a healthy agency's growth incline. You need new clients. And that means you need to source insurance leads. Don't fall into the trap so many insurance agents do--avalanche. Agents are extremely busy people. Like most salespeople, agents tend to prospect heavily and discover several new clients, then back off on the prospecting efforts. Avalanches tend to bury people. If a person feels inundated with new business to write, then it's critical to keep prospecting. Yet this is just when many insurance agents stop prospecting altogether. The agent becomes buried under a snow of new business, and so makes the seemingly rational choice that a client in the hand is worth two in the bush; and so focuses exclusively on the new business. This is the avalanche trap. You're buried with new business because you've been prospecting hard. But, you're too busy to follow up leads. And the leads are piling up and you keep paying for more and pretty soon you simply stop buying the leads. And then you write all the current business and follow-up with the leads and at the end of the day you are just too busy to prospect.

CT Insurance Exchange holding public events

Saturday, November 17, 2012

In response to concerns about the lack of public input, CT’s Health Insurance Exchange will be holding seven “Healthy Chat” events in the next month. Similar to Consumer Conversations last month but sponsored by the exchange this time, they will be reporting on their activities but will also be taking questions. We will be asking why they aren’t willing to negotiate with insurers to keep premiums affordable. The events will all be 5:30 to 7:00pm with registration at 5:00. The events will be in Hartford on November 27th, Waterbury on November 29th, New London on December 4th, New Haven on December 6th, New Britain on December 11th, Stamford on December 13th, ending with Bridgeport on December18th. For more details, click here.

Where Are The Consumers in the Consumer Committee??

Tuesday, November 13, 2012

I attended this week’s CT Health Insurance Consumer Experience and Outreach Committee meeting to give the Committee an update on the success of the previous week’s Advocate’s “Conversation with Kevin Counihan” event sponsored by Small Business For A Healthy Connecticut and CT Health Policy Project. My point was to emphasize the importance of consumer involvement at the upcoming combined meetings of the Consumer and Qualified Health Plan Committees. My attention was immediately drawn to all the empty chairs at the Committee table. Of the fifteen Committee members listed on the Exchange web site (a list that is not accurate), seven were present and one was participating by phone. Of the eight Committee Members attending, three were Exchange Board Members. With consumer voices being so few in the Exchange structure the Committee absences are particularly troubling. WHERE IS THE CONUMER’S VOICE IN THIS?
Why were the seven Committee members not there?
Why was the Co-chair not there?
Where were the consumers to access their right to address the Committee? The audience was primarily made up of insurance industry representatives and lobbyists. I commented that there were probably more folks in the room with (.Gov) email addresses than there should have been or needed to be for a meeting of consumers. With nearly half of the Committee members missing, what are the Committee members that were present going to do to impress the importance of attendance to the members who were missing? Might it make sense to have Committee meeting times after normal working hours to better accommodate the consumer audience? Might the Committee adopt the practice of having Public Comment at both beginning and end of each meeting again to better accommodate the consumer audience? What are the Committee’s plans to have consumer attendance at the upcoming combined Committee meeting? I’m not sure how we can expect the general public to take the implementation of Health Care Reform seriously when the people charged with representing us do not show up to meetings. Kevin Galvin

Workers Compensation Insurance: The Basics

Sunday, November 11, 2012

WHAT IS WORKERS' COMPENSATION INSURANCE? It is a policy issued to a business owner which provides them with insurance coverage for the costs of work related injuries to their employees. This type of insurance pays for all costs associated with a workers' injuries such as, medical bills, lost wages, rehabilitation, and permanent disability or death. The benefits under a workers' compensation policy are set by the state's workers' compensation regulatory commission. HOW IS WORKERS' COMPENSATION PREMIUM DETERMINED? This is rather simple. The premium is a percentage of your estimated pay roll for the policy term. Since the risk of injuries to workers varies by the type of work they perform, each business is assigned a specific classification which represents the degree of hazard in their industry. For example, if you own a convenience store which stays open later than 11:00 pm, your workers' compensation classification code would be 8061 - Store- Convenience -retail. Note both the classification number and the description are set by the state under section 11658 of the California Insurance Code. There are approximately 500 classifications which are published by the state to cover every industry, and business in California. The premium rate for each classification is determined by the degree of hazard of injuries in the industry it represents. i.e. A convenience store's premium rate is lower than a construction contractor's, and higher than a telemarketing firm's. DO I HAVE TO HAVE WORKERS' COMPENSATION INSURANCE? If you are operating a business in the state of California, and employ any workers, you are required by the state labor commission to have workers' compensation insurance. The only businesses which are exempt from this rule are the ones operated solely by the owners with no employees. In other words, if you have any employees including occasional or seasonal part time help you must obtain workers' compensation coverage. If you operate without it you run the risk of heavy fines, and possible shut down of your business. An employee is considered to be anyone who works for the business, and is not a legal owner. The relatives including the children of the owner, who do any work for the business are also considered to be employees, even if such relative or children are donating time without pay. There is another reason for you to have workers' compensation insurance, and that is to protect yourself from financial disaster. The medical costs of treating an injured worker, the lost wages, and other costs associated with it could be extremely burdensome for any small or large business, and could put their assets in jeopardy. ARE OWNERS COVERED UNDER A WORKERS' COMPENSATION POLICY? They are covered only if they want to be. In other words, the owners have the option to include or exclude themselves from coverage. This would mean if they are included in the coverage, then they are also entitled to the benefits in case they are injured. If you choose to be included, then your pay roll would also be included in the calculation of your workers' compensation premium. You can also elect to be excluded from coverage; in this case you would not be charged the premium for your pay roll. WHO IS CONSIDERED TO BE AN OWNER? Who can be excluded is determined based on the legal form of ownership of your business. The three most common legal ownership entities used by businesses are as follows: 1. Sole proprietorship or individual ownership - in this case, the individual, their spouse and their resident relatives can be excluded from coverage. 2. Partnership - All partners can be excluded, spouses and relatives can not be excluded 3. Corporation - All share holders who are also officers can be excluded only if the officers own 100% of the stock of a corporation. Officers who do not have shares or share holders who are not officers can not be excluded. Spouses and relatives can not be excluded... I hope this has been helpful in shedding some light on workers' compensation workers' compensation coverage for your business. Please feel free to call us for any question you may have. We would also like you to know that we offer some of the lowest cost workers' compensation policies for your type of business. We can provide you with a quote very quickly at no cost or obligation to you.

Why CT’s health insurance exchange needs to negotiate

Tuesday, November 6, 2012

CT’s health insurance exchange is not planning to negotiate with insurers to improve value and control costs for consumers. As of January 2014, consumers will be mandated to secure coverage. Consumers eligible for affordability assistance must purchase in the still developing exchange to get the subsidies. Massachusetts’s exchange (the Connector) negotiates, termed active purchasing, with insurers saving consumers $16 to $20 million annually. In contrast, Utah’s exchange does not negotiate with insurers but includes any qualified insurer, as the CT exchange is planning, and premiums are HIGHER inside the exchange than in the outside market. There is some disagreement about whether the Board and the Qualified Health Plan Committee have already made the decision. No public comment was solicited on the issue and the decision memo was posted a day after the QHP committee meeting. For more on the issue, go our Policymaker Brief.

CT health reform progress up to 16.7%

Thursday, November 1, 2012

CT inched up only 0.3% in progress toward health reform last month. We have completed 16.7% of the tasks needed to be ready for January 1, 2014 when individuals will be legally required to secure health coverage. Highlights remain Medicaid and patient-centered medical homes. Unfortunately, problem areas continue to be the insurance exchange and insurance review. Last month, CT health care thoughtleaders gave CT a C+ grade for reform progress. For more, visit the CT Health Reform Dashboard at www.cthealthreform.org.

Consumers raise concerns with CT insurance exchange

Tuesday, October 30, 2012

Consumers and small businesses had a rare opportunity to share their concerns with CT’s health insurance exchange Friday. A standing room only crowd met with the exchange’s CEO, Kevin Counihan at a restaurant in Glastonbury. Christie Hager, HHS Regional Director, also attended. Comments focused on the lack of consumer and small business input to the exchange, inappropriate influence of insurers, and the exchange staff’s decision not to negotiate with insurers to get the best value for customers. Through negotiation, MA’s exchange has been able to keep the rate of premium increases to half what it is outside their exchange. However prices in Utah’s exchange, which does not negotiate with insurers as CT’s exchange is planning, are actually higher than prices outside the exchange. CT’s exchange is being set up by the state, with millions in federal grants, to help consumers get decent, affordable coverage and is expected to purchase on behalf of one in ten state residents. As of Jan. 1, 2014, everyone in CT will be required to have coverage. Residents who qualify for federal affordability subsidies will have to buy their insurance through the exchange. Check back at the CT Health Policy Project’s site soon for a brief on the benefits for CT consumers, promoting value and affordability, through negotiation on CT’s exchange.

Insurance In Tort Laws

Friday, October 26, 2012

INTRODUCTION This project has been an eye opener for me. It is extremely relevant to the modern times and as the future of India we should understand that it is the common mass that runs the country. Consumer protection rights are an important issue in modern days. The law can be effectively used to stop any abuse of the common people especially illiterate masses who do not understand the rules and regulations which is to be followed while buying particular item. It is law, the controller of the entire society which can stop this abuse from taking place. It can place effective standards guiding a product's genuinity and the proper verification of its price. No extra taxes should be issued according to the seller's wish. I have proceeded by referring to the books written by Avtar Singh, Venkat Rao and others. It has been a wonderful and educational delight in going about this topic and making a project which is of greatest importance in the present day scenario. DEFINITION OF CONSUMER The words "consumer", "consumed", "consumption" is all cognate, and when one is defined, the contents of the definition go into all of them wherever they occur in the same act. Section 2 of the act wherein 'consumer' is defined. According to him, the definition of the consumer will not take a client who engaged the advocate for professional services. Consumer means any person who- - Buys any goods for a consideration which has been paid or promised or partly paid and partly promised or under any system or deferred payment and includes any user of such goods other than the person who buys such goods for consideration paid or promised or partly promised or under any system of deferred payment when such use is made with the approval of the person, but does not include a person who obtains such goods for resale or for any commercial purpose - Hires or avails of any services for a consideration which has been paid or promised or partly paid or partly promised or under any system of deferred payment and includes any beneficiary of such services other than the person who hires or avails of the services for the consideration paid or promised or partly paid or partly promised or under any system of deferred payment when such services are availed of with the approval of the first mentioned person but does not include a person who avails of such services for any commercial support In Black's Law Dictionary it is to mean: One who consumes. Individuals who purchase, use, maintain or dispose of products and services. A member of that broad class of people who are influenced by pricing policies, financing practices, quality of goods and services, credit reporting debt collection and other trade practices for which the state and federal consumer laws are enacted. OBJECTVES OF THE ACT The act is dedicated, as its preamble shows, to provide for better protection of rights of consumers and for that purpose to make provisions for the establishment of consumer councils and other authorities for settlement of consumer disputes and for other connected matters. In the statement of objects, reasons it is said that and the act seeks to provide speedy and simple redressal to consumer disputes. Quasi judicial body machinery has been set up at the district, state and central levels. These quasi judicial bodies have to observe the principle of natural justice and have been empowered to give relief to a specific nature and to award, wherever appropriate, compensation to consumers. Penalties for non compliance of orders given by quasi judicial bodies have also been provided. The object and purpose of rendering the act is to render simple, inexpensive and speedy remedy to consumers with complaints against defective goods and deficient services and for that quasi judicial machinery has been sought to be set up at the district, state and national levels. These quasi judicial bodies are required to apply the principle of natural justice and have been empowered to give relief of specific nature and appoint wherever necessary, compensation to consumers. INSURANCE An operational definition of insurance is that it is - the benefit provided by a particular kind of indemnity contract, called an insurance policy; - that is issued by one of several kinds of legal entities (stock company, mutual company, reciprocal, or Lloyd's syndicate, for example), any of which may be called an insurer; - in which the insurer promises to pay on behalf of or to indemnify another party, called a policyholder or insured; - That protects the insured against loss caused by those perils subject to the indemnity in exchange for consideration known as an insurance premium. The influence of insurance on the law of torts has been significant, both on theoretical level and on practice. Insurance has undermined one of the two main functions of awarding of damages, and it has in cast doubt on the value judgements made by the courts in determining which particular test of liability is appropriate in the given circumstances. Regardless of whether in the particular circumstances the appropriate principle of liability is intention is malice, fault or strict liability, the purpose of common law damages remains the same. The primary purpose of an award of damages is to compensate the victim for his loss, with view to restoring him as near as possible to the position he would have been in but for the tort of the wrongdoer. But damages have another: by making the wrongdoer responsible for meeting an award of damages, the courts are trying to deter others from committing similar tortuous wrongs. Insurance vitiates the secondary purpose of damages, at the same time incidentally ensuring that the primary purpose is more often achieved. It can scarcely be realistically asserted that insured defendants are deterred by the prospect of losing no-claims bonus or by increasing of premium on renewal of their policies. Once it is conceded that insurance renders compensation for the sole purpose of damages but then the tort action itself becomes vulnerable to attack, for there are many ways-some perhaps fairer and administratively cheaper than tort- of compensating a victim for a loss he has suffered. Prima facie, where a person suffers loss of recognized kind as the result of another's act, then the latter should have to make good that loss. But for valid reasons, the courts have held that, in certain circumstances, the actor will have to compensate his victim only if he is at fault. The victim's right to compensation is, therefore curtailed in an attempt to be fair to both the parties. The courts have made a policy decision that, in the circumstances, it is right to reward a defendant who has been careful by protecting him from liability for the consequences of his actions and that, as a corollary the plaintiff must forego his compensation. The policy decision is made on the supposition that the wrongdoer would himself have to pay for the damages but for this protection; it by no means follows that the same decision would be made if there were no risk of the wrongdoer having to provide the compensation. It is difficult to judge the victim's right to compensation should be curtailed when that curtailment is not justified by a corresponding benefit to the wrongdoer. The requirement of fault ceases to play its role as the leveler between the victim's legitimate expectations and the wrongdoer's legitimate expectations, and becomes simply a hurdle to the victim's progress to compensation. If it is accepted that no one can insure against liability for harm caused by intentionally to another , then similar arguments can be made by the inappropriateness of the victim's having, in certain circumstances to prove an intention to do him wrong or harm, when it is irrelevant to the wrongdoer whether he had such an intention or not. Again the victim's right to compensation is being curtailed without any corresponding benefit to the wrongdoer. However, insurance has influenced the law of tort on a much more practical level as well. While the fact of insurance is not of itself a reason for imposing liability , there can be no doubt that it does add "a little extra tensile strength" to the chain which a wrongdoer to his responsibilities. As well it has given new horizon to damages ; it is true that traditionally it was considered to inform the court that a defendant was insured , but "those days are long past" and now it is frequently openly recognized that the defendant would be insured. The policy of insurance constitutes a contract of insurance between Life Insurance Corporation or a subsidiary of General Insurance Company of India, as the case may be, such services such has been undertaken to render under the contract of insurance. However as a rule, occasion to render services arise only when insured surrenders his policy, or the policy matures for payment or the insured dies or any other contingency which gives rise to render service occurs. Breach of contract of insurance may give rise to a cause of action to file a civil suit, but such breach of contract may itself constitute deficiency in service, so as to give a cause of action to file a complaint under the consumer protection act for one such more relieves awardable hereunder. Section 13(4) of the act vests in a redressal agency powers of the Civil Court, while trying a suit in respect of such matters as examination of witnesses on oath and production of documents. Declining to exercise jurisdiction in a case before it only because it involves examination and cross examination of facts, witnesses and production and consideration of documents would amount to abdication of its jurisdiction. Such discretion can be exercised only when the gives rise to several issues and necessities taking of voluminous oral and documentary evidence, or otherwise involve complex questions of fact and law which cannot be decided in time bound proceedings under the consumer protection act. MOTOR VEHICLE INSURANCE Where the sale of a vehicle is complete, the title therein passes to the purchaser notwithstanding that his name has not been recorded in the R.C.Book. Such owner is entitled to get his vehicle insured and also to maintain a claim on the basis of such insurance. The earlier owner, who has lost insurable insurance on the sold vehicle, cannot advance a claim on the basis of policy of the said vehicle, earlier taken by him, on the ground that he is still the recorded owner of the said vehicle. Section 157 of the motor vehicles act is only in respect of third party risks and provides that the certificate of insurance described therein shall be deemed to have been transferred in favour of the person to whom the motor vehicle is being transferred. It does not apply to other risks, if any, covered by the policy. If the transferee wants to avail the benefits of other risks covered by it, he has to enter into an agreement thereof with the investor. FRAUD BY INSURER If it is established that the discharge voucher was obtained by fraud, misrepresentation, undue influence or coercive bargaining or compelled by circumstances, the authority of the consumer forum may be justified in granting relief. Mere execution of the discharge voucher would not deprive the consumer of his claim in deficiency of service. DELAY IN SETTLEMENT OF CLAIM In Sarveshwar Rao v. National Insurance Company Ltd. , it was held that the delay of two or more years in settling the insurance claim would result in inadequacy in the quality, nature and manner of the service which the insurance company has undertaken to render, and amounts to deficiency in service. In Delkon India Pvt. Ltd. V. The Oriental Insurance Company Ltd. . The National Commission has held that it was a deficiency of service to have delayed the claim by two years on the ground that the final police report was not coming. INTERPRETATION OF TERMS In Skandia Insurance Company v. Kokilaben Chandravadan , the honorable Supreme Court ruled that the exclusion terms of the insurance must be read with so as to serve the main purpose of the policy, which is to indemnify the damages caused to the vehicle. CONDUCT OF THE INSURER In Oriental Insurance Co. Ltd. V. Mayur Restaurant and bar , the conduct of the insurer was under question. The commission held that deficiency of the service was established on the part of the opposite party on two counts i)delay in settlement of claims and ii) unreasonable and un maintainable reasons for repudiating the claim of the complainant, and the compensation with the interest and cost was awarded. SUICIDE BY THE ASSURED In Life Insurance Corporation v Dharma Vir Anand, the national commission refused to hold the insurance commission liable as the insured committed suicide before the expiry of three years from the date of the policy. BREACH OF TERMS In B.V.Nagarjuna v Oriental Insurance Company Ltd., the terms of insurance contract permitted the insured vehicle to carry six passengers at a time but the driver allowed two more persons to get in. It was held that merely adding two more persons without the knowledge of the driver did not amount to indemnification by the insurance company. NOMINEE'S RIGHTS In Jagdish Prakash Dagar v. Life Insurance Corporation , it was held that a nominee under a policy of life insurance will be a consumer within the meaning of section 2(1) (d) of the Consumer Protection Act. The commission held that the nominee could legislatively maintain an action against deficiency raised in service by the arbitrary decision of the insurer. REPUDIATION Repudiation is defined as the renunciation of a contract (which holds a repudiator liable to be sued for breach of contract, and entitles the repudiatee on accepting the repudiation to treat the contract as at an end This concept of repudiation is needed in the concept of insurance. The concept of repudiation will be dealt hereto a number of times and to provide beneficiary evidence, the definition has been given. Unilateral repudiation of its liability, under the contact of by the life insurance corporation or an insurance company does not, by itself oust the jurisdiction of a redressal agency, to go into the sustainability of such repudiation, on facts and in law and to decide and to adjudicate if, in the facts of the case, it amounts to deficiency in service or unfair trade practice, and if so, to award to the aggrieved person, such relief or reliefs under Section 14(1) of the said Act as he or she is entitled to. The fact that before such repudiation it obtained a report from a surveyor or surveyors also does not oust the jurisdiction of a redressal agents to into the merits of such repudiation, for otherwise in each case the corporation or such company, and deprived the aggrieved person of the cheap and expeditious remedy under the consumer protection act. Where, however the corporation or the company conducts thorough investigations into the facts which have given rise to claim and other associated facts, and repudiates the claims in good faith after exercise with due care and proper application of mind, the redressal agency should decline to go into the merits of such repudiation and leave the aggrieved person to resort to the regular remedy of a suit in a civil court. The law does not require the life insurance corporation or an insurance company to accept every claim good or bad, true or false, but it does require the corporation or the company to make a thorough investigation into such claim and to take decisions on it, in good faith, after exercise of due care and proper application of mind and where it does so it renders the service required by it and cannot be charged with deficiencies in service, even if, in the ultimate analysis, such decisions is wrong on the facts and in law and the redressal agency would be disinclined to substitute its own judgement in the place of the judgement of the corporation or insurance company. The question as to whether repudiation of its liability does or does not amount to deficiency in service would depend upon the facts of each case. Where a cheque sent towards a premium is dishonoured by the drawee bank and consequently the policy is cancelled or it lapses or the injured dies before the proposal is accepted and contract of insurance results, no claim can be founded in such a policy, which was cancelled or has since lapsed, or a contract of insurance, which did not materialize at all. Repudiation of such claim can never amount to deficiency in service. Insurance agent is not entitled to collect premium on behalf of the corporation. Where an insured issues a bearer cheque towards premium and hands it over the insurance agent who encashes it, but does not deposit the premium with the corporation event till the expiry of the grace period and consequently the policy lapses and meanwhile the insured also dies, his nominee has to blame himself or herself for the indiscretion of the insured and cannot blame or fault the corporation. BASIC PRINCIPLES OF INSURANCE There are some basic principles concerning the topic of Consumer Protection Law and Insurance. - Settlement of insurance claim is service, default or negligence therein is deficiency of that service In the case of Shri Umedilal Agarwal v. United India Assurance Co. Ltd, the National Commission observed as under: "We find no merit in the contention put forward by the insurance company that a complaint relating to the failure on the part of the insurer to the settle the claim of the insured within a reasonable time and the prayer for the grant of compensation in respect of such delay will not within the jurisdiction of the redressal forums constituted under the consumer protection act. The provision of facilities in connection with insurance has been specifically included within the scope of the expression "service" by the definition of the said word contained in section 2(i) (o) of the act. Our attention was invited by Mr. Malhotra, learned counsel for the insurance company to the decision of the Queen's Bench in national transit co. ltd. V. customs and central excise commissioners . The observations contained in the said judgement relating to the scope of the expression insurance occurring in the schedule of the enactment referred to therein are of no assistance to all of us in this case because the context in which that expression is used in the English enactment considered in that case is completely different. Having regard to the philosophy of the consumer protection act and its avowed object of providing cheap and speedy redressal to customers affected by the failure on the part of persons providing service for a consideration, we do not find it possible to hold that the settlement of insurance claims will not be covered by the expression insurance occurring in section 2(1)(d).Whenever there is a fault of negligence that will constitute a deficiency in the service on the part of the insurance company and it will perfectly open to the concerned aggrieved customer to approach the Redressal Forums under the act seeking appropriate relief." - L.I.C. Agent has no authority in collecting the premium The supreme court held that under regulation 8(4) of life insurance corporation of India (agents) regulation, 1972 which had acquired the status of life insurance corporation agents rules with effect from January 31, 1981, which were also published in the gazette, LIC agents were specifically prohibited from collecting premium on behalf of LIC and that in view thereof an inference of implied authority cannot also be raised. - Rejection of claim as false after full investigation The national commission held as follows: " from the facts disclosed by the record and particularly averments contained in the consumer affidavit filed by the first respondent it is seen that the insurance company had fully investigated into the claims put forward by the complainant that his claim was rejected. Thus it is not a case where the insurance company did not take a prompt and immediate option for deciding the claims against the insurance company. Having regards to the facts and circumstances of this case and the nature of the controversy between the parties we consider that this is a matter that should be adjudicated before a civil court where the complainant as well as the respondent will have ample opportunities to examine witnesses at length, take out the commission for local inspections etc. and have an elaborate trial of the case." - Unilateral reduction in the insurance amount. The national commission held that the insurance company is not entitled to make a unilateral reduction of Rs. 4, 29,771 from Rs. 30, 12,549 at which its own surveyor assessed the loss. - Mere repudiation does not render the complaint not maintainable. The national commission overruled the objection of the insurance company that merely because the insurer had totally repudiated its liability in respect of the claim, no proceedings could validly be initiated by the insured under the consumer protection act. - Mere unilateral repudiation does not oust the jurisdiction. The national commission held that merely because the insurer has repudiated the insurance claim under the policy unilaterally, it is difficult to hold that the various redressal forums constituted under the consumer protection act, 1986 will have no jurisdiction to deal with the matter that if such a contention of the insurance company can get a report from the surveyors, repudiate the claim and oust the jurisdiction of the redressal forums, that the redressal forums are, therefore, bound to see whether or not the repudiation was made in good faith on valid and justifiable grounds that if the surveyor or surveyors choose to submit the wrong report and the insurance company repudiates the claims without applying its mind then the repudiation cannot be said to be justified that the report of the surveyor will show that the investigations have been proper, fair and thorough and that it has to be remembered that the surveyors bread comes from the employer. - Mere unilateral repudiation no ground to oust jurisdiction. The national commission repelled the objection and observed as under: "Ordinarily a remedy is available to a consumer in Civil Court but mere repudiation of claim arising out of policy of insurance under section 45 of the insurance act, 1938, cannot take away the jurisdiction of the redressal forum constituted under the act. The avowed object of the act is to provide cheap, speedy and efficacious remedy to the consumers and it is with this object that section 3 of the act lies down as follows: 3. Act not in derogation of the provisions of any other law: - the provisions of this act shall be in addition to and not in derogation of the provisions of any other law for the time being in force." The national commission overruled the objection in the view of repudiation of contract of insurance by the corporation; the redressal agencies under the act cannot entertain the claim of the insured and reiterated the law laid down by it in the Divisional Manager, Life insurance Corporation of India, Andhra Pradesh v. Shri Bhavnam Srinivas Reddy. - Removal of insured goods on attachment no theft. It was ruled in the stated case that attachment of certain items of insured Machinery and goods by the bailiff of a civil court, though later found to be illegal and consequent removal did not amount to theft and or house breaking by force so as to entitle the insured to prefer a claim under the policy. - When repudiation amounts to deficiency and when it does not? The national has held: In M/s Rajdeep Leasing and Finance and others v. New India Assurance Company Limited and others - That rejection of the claim by the insurance company after examining and considering the two separate survey reports from qualified surveyors and three legal opinions from different oriental counsels could not be said to constitute a deficiency in service so as to give a rise in the cause of action for a complaint under the consumer protection act. In Oriental Insurance Co. Ltd. V Modern Industries Ltd. , the national commission has held that where the cover note inter alia mentions that the risk is subject to the usual terms and conditions of the standard policy, it is equally the responsibility of the complainant to call for these terms and conditions even if they are not sent by the insurance company, as alleged, to understand the extent of risk covered under the policy and associated aspects. In Life Insurance Corporation of India v. Dr. Sampooran Singh The complainant had taken out an insurance policy of 40,000 rupees in 1982, for the purpose of payment of estate duty on his only residential house in chandigarh in the event of his death and paid 5 premia, but with the abolition of estate duty on one residential house owner in 1985, the policy became inoperative due to the act of the state and not due to any deficiency on the part of the corporation any dispute between the parties as to the amount payable there under cannot be construed as deficiency in service on part of the corporation. In LIC of India v M/s Kanchan Murlidhar Akkalwar The complainant applied to the opposite party for housing loan, and on the advice of the latter, she took two LIC policies, one for Rs. 90000 and the other for Rs. 20000 entered into an agreement for the purchase of the house with the house with the owner on the advice of the opposite party obtained a fire policy for Rs. 2 lakhs. The opposite party advised the complainant to obtain a release deed from the zilla parishad co operative society in respect of the she proposed to purchase with a certificate that the said plot is not mortgaged therein. The complainant got a certificate from the Maharashtra government that the vendor had re paid the housing loan and interest thereon due to Zilla Parishad Krishi Karmachari Sehakari Gribe Narman Sanstha and that there was nothing outstanding from him towards loan amount or interest. Still the opposite party did not release the loan. On these facts the national commission by its majority judgement observed that: "We have carefully gone through the records and heard the counsel. Clause 1 (c) of the loan offer letter clearly states that the advance of the loan is subject to the property being free from encumbrances to the satisfaction of the insurance company and a good and marketable title. At the same time it appears that the respondent-complainant had to go through a number of steps, although necessary, having financial implications and causing mental and physical stress to her and at the end of all of which she was told that no dues certificate given by the maharashtra government in respect of the prospective seller of the property in question, was not "release of mortgage" certificate that was obtained. The respondent complainant perhaps also had in her mind the case of Mr. Vaishempayam who got the loan under similar circumstances. Thus the evasion petition is disposed of as above." CONCLUSION This project topic is increasingly beneficial in the modern times with the consumer protection rights being redressed with due care. It is being advertised in the mass media in our country. The slogan which our consumer is using is: "JAGO GRAHAK JAGO". The time has come to realize the ideal market situation in which the buyers are not persuaded or coerced falsely into buying items which are of no use to them at all. Besides the relationship between buyer and seller should not be damaged at any cost. The relationship between the buyer and seller is said to be a fiduciary relationship and the trust between them should remain intact. A time has come in which the customer should get his proper position in the market conditions. He has to have proper knowledge about what is going on in the market and the concerned prices and the supply and the different other practices referred to. Insurance is a very sensitive issue in the modern times. People are being hoodwinked into signing up in companies which are turning out to be frauds in the true sense of the term. This project has been an eye opener to me and I have come to realize the importance of the consumer protection act and insurance.

CT exchange staff won’t negotiate with insurers on behalf of consumers or small businesses

Wednesday, October 17, 2012

Staff of the CT Health Insurance Exchange have “opted to utilize an ‘any qualified plan’ approach” for determining which plans can be offered in the exchange. Proposed qualifications are minimal and generally only what is required by the Affordable Care Act. This decision is counter to the CT exchange’s own research. According to the market consultants, “One of the most attractive aspects of the Exchange is that the big insurance companies compete for their business. The feature evoked references to Lending Tree’s slogan ‘When banks compete you win.’” Utah’s health insurance exchange has pursued an “any qualified plan” approach, similar to CT’s staff proposal, and has attracted little enrollment with no evidence of cost control. Massachusetts’s Connector, on the other hand, operates with an active purchasing approach – negotiating with insurers to get the best price and quality for consumers. Annual premium increases for plans in Massachusetts’s exchange have been half the increase of plans outside the exchange. Starting in 2014, every CT resident will be required to secure health coverage. Over 150,000 state residents will have to buy it in the exchange to get federal affordability subsidies. According to the staff memo, the decision not to negotiate on behalf of consumers has been made and they are only taking comment on how to implement that policy. The memo was delivered Monday to the Qualified Health Plan Committee that no longer includes a consumer representative due to the unfortunate loss of Jennifer Jaff.
 
There was an error in this gadget

Blog Archive

Most Reading

Partner

praguecitygolf.cf ourbreathingpla.cf dancetronauts.cf toscoquattro.cf leadgenerator.cf daweef.cf busentmgmt.cf thompsonlawfirm.cf fibercollege.cf antikfloors.cf exponentialsoft.cf ohioansforworkerfreedom.cf couplesgroup.cf newworkout.cf pbsbioreactor.cf gas-bg.cf mtmsal.cf rainbeaus.cf isns2011.cf macautocouture.cf bhinone.cf indexmarket.cf greeningpublichousing.cf evendesign.cf webnelly.cf hotelsalzberg.cf taolawoffice.cf expandingyourlife.cf deepsoulutions.cf mettascents.cf accunon.cf hfsww.cf entomopharm.cf delcan.cf centralasiacommerce.cf bestbuysupplements.cf bricearndt.cf icefishing.cf jobioz.cf unitedhorsemansfront.cf gocheckout.cf unitedhorsemensfront.cf cwtcnv.cf imetric.cf mendiolaubillos.cf makingmemoney.cf adventurecorps.cf earlyvoting.cf gethernewbook.cf votebroomfield.cf monbde.cf therealestateevent.cf securityinnovationwork.cf sharkcagedive.cf peter-bastian.cf aguasglaciar.cf bauernhoftester.cf kiezo.cf healthyageingcampus.cf gehrmans.cf americachinasociety.cf twyxt.cf cgdating.cf ihaaz.cf decalcraft.cf turnkarte.cf holzkamm.cf technotronix.cf adventivny.cf astra2connect.cf avocetmining.cf mshzq.cf annotatedlaw.cf greenhormigas.cf hawaiianstylevacationrentals.cf denverbankruptcy.cf estaegypt.cf redtruckoutdoors.cf oregonwebdesign.cf riyadagcc.cf bacsin.cf umtrc-ed.cf cbaceus.cf orubisu.cf thefutureis3d.cf miradent.cf contradicciones.cf woodmasterfurniturerepaircarlsbad.cf gelderlander.cf humacare.cf huberts-slaapcomfort.cf mp-report.cf seguroobras.cf charterforalampstandchurch.cf get-lasik-eye-surgery.cf filmede10.cf gibazinews.cf ifilmy.cf fullcomi-kasegeru.cf dfei8.cf praguecitygolf.ml ourbreathingpla.ml dancetronauts.ml toscoquattro.ml leadgenerator.ml daweef.ml busentmgmt.ml thompsonlawfirm.ml fibercollege.ml antikfloors.ml exponentialsoft.ml ohioansforworkerfreedom.ml couplesgroup.ml newworkout.ml pbsbioreactor.ml gas-bg.ml mtmsal.ml rainbeaus.ml isns2011.ml macautocouture.ml bhinone.ml indexmarket.ml greeningpublichousing.ml evendesign.ml webnelly.ml hotelsalzberg.ml taolawoffice.ml expandingyourlife.ml deepsoulutions.ml mettascents.ml accunon.ml hfsww.ml entomopharm.ml delcan.ml centralasiacommerce.ml bestbuysupplements.ml bricearndt.ml icefishing.ml jobioz.ml unitedhorsemansfront.ml gocheckout.ml unitedhorsemensfront.ml cwtcnv.ml imetric.ml mendiolaubillos.ml makingmemoney.ml adventurecorps.ml earlyvoting.ml gethernewbook.ml votebroomfield.ml monbde.ml therealestateevent.ml securityinnovationwork.ml sharkcagedive.ml peter-bastian.ml aguasglaciar.ml bauernhoftester.ml kiezo.ml healthyageingcampus.ml gehrmans.ml americachinasociety.ml twyxt.ml cgdating.ml ihaaz.ml decalcraft.ml turnkarte.ml holzkamm.ml technotronix.ml adventivny.ml astra2connect.ml avocetmining.ml mshzq.ml annotatedlaw.ml greenhormigas.ml hawaiianstylevacationrentals.ml denverbankruptcy.ml estaegypt.ml redtruckoutdoors.ml oregonwebdesign.ml riyadagcc.ml bacsin.ml umtrc-ed.ml cbaceus.ml orubisu.ml thefutureis3d.ml miradent.ml contradicciones.ml woodmasterfurniturerepaircarlsbad.ml gelderlander.ml humacare.ml huberts-slaapcomfort.ml mp-report.ml seguroobras.ml charterforalampstandchurch.ml get-lasik-eye-surgery.ml filmede10.ml gibazinews.ml ifilmy.ml fullcomi-kasegeru.ml dfei8.ml praguecitygolf.ga ourbreathingpla.ga dancetronauts.ga toscoquattro.ga leadgenerator.ga daweef.ga busentmgmt.ga thompsonlawfirm.ga fibercollege.ga antikfloors.ga exponentialsoft.ga ohioansforworkerfreedom.ga couplesgroup.ga newworkout.ga pbsbioreactor.ga gas-bg.ga mtmsal.ga rainbeaus.ga isns2011.ga macautocouture.ga bhinone.ga indexmarket.ga greeningpublichousing.ga evendesign.ga webnelly.ga hotelsalzberg.ga taolawoffice.ga expandingyourlife.ga deepsoulutions.ga mettascents.ga accunon.ga hfsww.ga entomopharm.ga delcan.ga centralasiacommerce.ga bestbuysupplements.ga bricearndt.ga icefishing.ga jobioz.ga unitedhorsemansfront.ga gocheckout.ga unitedhorsemensfront.ga cwtcnv.ga imetric.ga mendiolaubillos.ga makingmemoney.ga adventurecorps.ga earlyvoting.ga gethernewbook.ga votebroomfield.ga monbde.ga therealestateevent.ga securityinnovationwork.ga sharkcagedive.ga peter-bastian.ga aguasglaciar.ga bauernhoftester.ga kiezo.ga healthyageingcampus.ga gehrmans.ga americachinasociety.ga twyxt.ga cgdating.ga ihaaz.ga decalcraft.ga turnkarte.ga holzkamm.ga technotronix.ga adventivny.ga astra2connect.ga avocetmining.ga mshzq.ga annotatedlaw.ga greenhormigas.ga hawaiianstylevacationrentals.ga denverbankruptcy.ga estaegypt.ga redtruckoutdoors.ga oregonwebdesign.ga riyadagcc.ga bacsin.ga umtrc-ed.ga cbaceus.ga orubisu.ga thefutureis3d.ga miradent.ga contradicciones.ga woodmasterfurniturerepaircarlsbad.ga gelderlander.ga humacare.ga huberts-slaapcomfort.ga mp-report.ga seguroobras.ga charterforalampstandchurch.ga get-lasik-eye-surgery.ga filmede10.ga gibazinews.ga ifilmy.ga fullcomi-kasegeru.ga dfei8.ga praguecitygolf.gq ourbreathingpla.gq dancetronauts.gq toscoquattro.gq leadgenerator.gq daweef.gq busentmgmt.gq thompsonlawfirm.gq fibercollege.gq antikfloors.gq exponentialsoft.gq ohioansforworkerfreedom.gq couplesgroup.gq newworkout.gq pbsbioreactor.gq gqs-bg.gq mtmsal.gq rainbeaus.gq isns2011.gq macautocouture.gq bhinone.gq indexmarket.gq greeningpublichousing.gq evendesign.gq webnelly.gq hotelsalzberg.gq taolawoffice.gq expandingyourlife.gq deepsoulutions.gq mettascents.gq accunon.gq hfsww.gq entomopharm.gq delcan.gq centralasiacommerce.gq bestbuysupplements.gq bricearndt.gq icefishing.gq jobioz.gq unitedhorsemansfront.gq gocheckout.gq unitedhorsemensfront.gq cwtcnv.gq imetric.gq mendiolaubillos.gq makingmemoney.gq adventurecorps.gq earlyvoting.gq gethernewbook.gq votebroomfield.gq monbde.gq therealestateevent.gq securityinnovationwork.gq sharkcagedive.gq peter-bastian.gq aguasglaciar.gq bauernhoftester.gq kiezo.gq healthyageingcampus.gq gehrmans.gq americachinasociety.gq twyxt.gq cgdating.gq ihaaz.gq decalcraft.gq turnkarte.gq holzkamm.gq technotronix.gq adventivny.gq astra2connect.gq avocetmining.gq mshzq.gq annotatedlaw.gq greenhormigqs.gq hawaiianstylevacationrentals.gq denverbankruptcy.gq estaegypt.gq redtruckoutdoors.gq oregonwebdesign.gq riyadagcc.gq bacsin.gq umtrc-ed.gq cbaceus.gq orubisu.gq thefutureis3d.gq miradent.gq contradicciones.gq woodmasterfurniturerepaircarlsbad.gq gelderlander.gq humacare.gq huberts-slaapcomfort.gq mp-report.gq seguroobras.gq charterforalampstandchurch.gq get-lasik-eye-surgery.gq filmede10.gq gibazinews.gq ifilmy.gq fullcomi-kasegeru.gq dfei8.gq