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These savings, which amount to about 3.3 months of typical claims expenses - or one basic emergency room visit per member, are insurance against fluctuations in short-term conditions that could affect the company's ability to pay claims. It makes BCBSAL self-insured since the company is not a beneficiary of the Alabama insurance guaranty funds. [3]
State or territory Mean wage in US$ [6] 1 District of Columbia: $87,920 2 Massachusetts: $63,910 3 New York: $61,870 4 Connecticut: $60,780 5 Washington: $59,410 6 California: $59,150 7 Maryland: $58,770 8 Alaska: $58,710 9 New Jersey: $58,210 10 Colorado: $55,820 11 Virginia: $55,310 12 Rhode Island: $54,810 13 Minnesota: $54,200 14 Illinois ...
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
While there are a number of options when it comes to car insurance in Alabama, the most important thing to know is the mandatory requirements. The Alabama minimum car insurance liability limits ...
Minimum insurance required in Alabama. Alabama state law requires minimum insurance that goes by the 25/50/25 rule. Drivers must have proof of insurance on them at all times with coverage for ...
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
Salary surveys provide data on salaries for specific jobs throughout the market. Organizations may use salary survey data to develop and update their compensation packages. [ 9 ] Individuals may use salary survey data in salary negotiations.
A federal court has sided with Roland Edger, an Alabama man who says he was wrongfully arrested after he declined to give police officers his driver's license in 2019. While a lower court had ...