Kamis, 24 September 2015
AIG's Couture Insurance For Shoes and Designer Wardrobe Collections
You can now insure your expensive Louis Vuitton, Hermes, or Christian Louboutin thanks to AIG Private Client Group (a division of American International Group Inc. NYSE: AIG). The insurance company has introduced a more specialized insurance that is specifically designed for couture and designer wearable collections for its high net worth policyholders.
The new couture insurance product will give coverage not typically found in a homeowners policy and recognizes the high value placed on the fine craftsmanship of high-end designer fashions and wardrobe accessories.
It covers couture and ready-to-wear garments, shoes, handbags, and vintage and historic clothing. They will be individually itemized in the policy with the option to use blanket coverage for less expensive items. The insurance will cover damage caused by flood, mold, and moths, risks often excluded from a homeowners policy. Additionally, it covers custom, work-in-progress couture and shoes, as is reimbursement of expenses for clients who protect their couture by removing it from the home in advance of an impending threat.
Also, the insurance covers dry cleaning and wardrobe preparation expenses by a high-end garment care specialist following a covered loss. This is a common prerequisite for acceptance into a secure garment storage facility.
In developing this coverage, AIG worked with Garde Robe Online, LLC, a wardrobe storage and preservation service, to identify coverage features that would address real concerns for collectors.
New home sales In the US is Up by 5.7% in August 7-year high
Newly built homes being sold has posted the highest level since early 2008 in August, that's more than 7 years. This shows that the demand in housing is strengthening. New single-family homes sales were up by 5.7% to a seasonally adjusted annual rate of 552,000 according to the Commerce Department. The increase in sales is a result of steady job gains and low mortgage rates. The real estate market hast been really hit hard by the Great Recession and recovered slowly even after the downturn ended in 2009. New-home sales have soared nearly 22% in the past year.
Strong sales in newly built home and construction could help the economy by generating construction jobs, demand for more building materials and more spending on landscaping and other services.
Home builders raised new-home prices aggressively last year, likely weighing on sales, which totaled just 414,000 in 2014. That was little changed from sales in 2013. But builders have reined in price increases this year, fueling more buyer traffic and purchases.
Federal Reserve Chair Janet Yellen said last week that she expects the housing market to keep improving as more people find jobs and younger Americans increasingly move out on their own.
Selasa, 18 Agustus 2015
Amazon Criticized for Toxic Working Environment, Amazon founder respond
Last Saturday an article on the New York Times blasts Amazon because of its working conditions in the company. Entitled "Inside Amazon: Wrestling Big Ideas in a Bruising Workplace" it exposed how the company pressured their employees with their “unreasonably high” standards. The report detailed the company's lack of empathy for employees' health-related issues. There were instances when employees that suffered from cancer, miscarriages and other personal crises said they had been evaluated unfairly or edged out rather than given time to recover. A woman employee who suffers with breast cancer was placed on "performance improvement plan" because personal issues were affecting her work.
And because of the backbreaking work and Amazon's penchant of extracting unreasonable work from their employees Amazon has expanded tremendously their campus is now a 10-million-square-foot with thousands of new workers. Amazon has also eclipsed Walmart as the most valuable retailer in the US at $250 billion and their CEO Jeff Bezos is the 5th wealthiest person in the world.
Bezos responded with a memo to Amazon employees defending the culture at the company and encouraging employees who heard of similar stories to contact him as well as human resources.
He said, "Even if it's rare or isolated, our tolerance for any such lack of empathy needs to be zero," "The people we hire here are the best of the best. You are recruited every day by other world-class companies, and you can work anywhere you want."
Sucharita Mulpuru-Kodali, an Amazon analyst with Forrester Research said that "most of the allegations sound consistent with things that former employees have told me about the company."
- Work work work work, corporations greedy goal to accumulate more money and wealth are turning people into stupid zombies with no life. We are not robots mr CEO.
Rabu, 05 Agustus 2015
Pew poll: Japanese Thinks Americans are Lazy and Intolerant
According to a poll about U.S.-Japan relations conducted by Pew Research Center, Americans have a positive views of Japanese while the Japanese generally have negative views of Americans.
In the survey, people were asked five traits hardworking, inventive, honesty, intolerant, aggressive, and selfish. The results shows that Japanese people don't like Americans that well, while Americans do like Japanese.
What Americans think about Japanese people: hardworking 94%, inventive 75%, honest 71%, intolerant 36%, aggressive 31%, and selfish 19%.
How Japanese view the Americans: hardworking 25%, inventive 67%, honest 37%, intolerant 29%, aggressive 50%, and selfish 47%.
Minggu, 19 Juli 2015
How to Claim Social Security Disability Insurance
Social Security Disability Insurance (SSDI) serves as a lifeline for about a million of workers and their families in the country. It gives insurance protection to workers and their families when they retire or in case of a serious, long-term disability.
The benefits of Social Security Disability Insurance is modest. Beneficiaries of it get about $42,000 on average, based in 2014 wage levels.
Qualification for Online Application for disability benefits:
- 18 years old or above
- You are not currently receiving benefits on your own Social Security record
- You are unable to work because of a medical condition that is expected to last at least 12 months or result in death: and
- You have not been denied disability benefits in the last 60 days. If your application was recently denied for medical reasons, the Internet Appeal is a starting point to request a review of the medical determination we made.
Here's How To Apply Online For Disability Benefits:
1. Print, review and gather the information needed in the Adult Disability Checklist.
2. Complete the Disability Benefit Application Online here.
Documents needed:
- The date of your injury or illness;
- The amount and effective date of your current payment and all increases or decreases within the last 17 months or, if later, since payments began;
- if receiving workers' compensation, the type of payment (i.e., temporary partial, temporary total, permanent partial, permanent total, a lump sum or an annuity;
- The frequency of your payments (e.g. weekly, bi-weekly, monthly, bi-monthly, etc.) or the period covered by a lump sum;
- If benefits have already ended, the last day you were entitled to a payment and your last payment amount (if different than your regular payment amount);
- Your employer's name and address; and
- If other than your employer, the name and address of the insurance carrier making the payments.
Information needed:
Information About You
- Your date and place of birth and Social Security number
- The name, Social Security number and date of birth or age of your current spouse and any former spouse. You should also know the dates and places of marriage and dates of divorce or death (if appropriate)
- Names and dates of birth of your minor children
- Your bank or other financial institution's Routing Transit Number [more info] and the account number, if you want the benefits electronically deposited
- Name, address and phone number of someone we can contact who knows about your medical conditions and can help with your application
- Detailed information about your medical illnesses, injuries or conditions: Names, addresses, phone numbers, patient ID numbers and dates of treatment for all doctors, hospitals and clinics;
- Names of medicines you are taking and who prescribed them; and
- Names and dates of medical tests you have had and who sent you for them.
- The amount of money earned last year and this year
- The name and address of your employer(s) for this year and last year
- A copy of your Social Security Statement
- The beginning and ending dates of any active U.S. military service you had before 1968
- A list of the jobs (up to 5) that you had in the 15 years before you became unable to work and the dates you worked at those jobs
- Information about any workers' compensation, black lung, and/or similar benefits you filed, or intend to file for. These benefits can:
- Include annuities and lump sum payments that you received in the past;
- Be paid by your employer or your employer's insurance carrier, private agencies, or Federal, State or other government or public agencies; and
Be referred to as:
- Workers' Compensation;
- Black Lung Benefits;
- Longshore and Harbor Workers' Compensation;
- Civil Service (Disability) Retirement;
- Federal Employees' Retirement;
- Federal Employees' Compensation;
- State or local government disability insurance benefits; or
- Disability benefits from the military (This includes military retirement pensions based on disability but not Veterans' Administration (VA) benefits.)
Once they receive your online application, they will:
- Provide confirmation of your application- either electronically or by mail.
- Review the application.
- Contact you if we need more information or documentation.
- Inform you if other family members may be able to receive benefits on your record, or if you may be able to receive benefits on another person’s record, such as your spouse or your parent.
- Process your application.
- Mail their decision to you.
Jumat, 03 Juli 2015
Aetna will buyout rival health insurer Humana for $37 billion
Health insurance company Aetna Inc is said to have struck a deal to purchase Humana Inc for about $37 billion, or roughly $230 per Humana share, in a cash-and-stock deal.
Humana shareholders will get $125 in cash and 0.8375 Aetna shares for each share held, an about 23% premium to the stock's closing price on Thursday. Following the deal, Aetna's shareholders would own about 74% of the combined company.
Once done the new company will boast more than 33 million members, and bring in estimated revenue of about $115 billion per year. 56% of the revenue will be from government-sponsored programs like Medicare.
Selasa, 30 Juni 2015
Worst companies for Employees
24/7 Wall St. has listed the worst companies to work for. 24/7 Wall St. based their list from data on jobs and career website Glassdoor. They have compiled and analyzed data on more than 400,000 companies worldwide.
The average company rating on Glassdoor is 3.2 out of 5.
Here are the 12 U.S. companies that are worst for employees:
12. CVS Health (CVS) - Rating: 2.7
11. Computer Sciences Corporation (CSC) - Rating: 2.7
10. Dollar General (DG) - Rating: 2.7
9. Ross Stores (ROST) - Rating: 2.7
8. DISH Network (DISH) - Rating: 2.6
7. AECOM (NYSE:AECOM) - Rating: 2.6
6. Sears (SHLD) - Rating: 2.5
5. Xerox (XRX) - Rating: 2.5
4. Forever 21 - Rating: 2.5
3. Kmart (SHLD) - Rating: 2.5
2. Dillard’s (DDS) - Rating: 2.4
1. Express Scripts (ESRX) - Rating: 2.3
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