The Federal Housing Administration (FHA) insures home mortgages made by private lenders against the possibility of borrower default. If the borrower does not repay the mortgage, FHA pays the lender the remaining principal amount owed. By insuring lenders against the possibility of borrower default, FHA is intended to expand access to mortgage credit to households, such as those with smaller down payments or below-average credit histories, who might not otherwise be able to obtain a mortgage at an affordable interest rate or at all. FHA also traditionally plays a countercyclical role in the mortgage market. In other words, it generally insures more mortgages during periods when lenders and private mortgage insurers tighten their lending standards and reduce activity in response to market conditions, and it generally insures fewer mortgages at times when lenders and private mortgage insurers make mortgage credit more easily available. When an FHA-insured mortgage goes to foreclosure, the lender files a claim with FHA for the remaining amount owed on the mortgage. Claims on FHA-insured loans have traditionally been paid out of an account, known as the Mutual Mortgage Insurance Fund (MMI Fund), that is funded through fees paid by borrowers, rather than through appropriations. However, if FHA were ever unable to pay claims that it owed, it can draw on permanent and indefinite budget authority with the U.S. Treasury to pay those claims without additional congressional action. In recent years, increased default and foreclosure rates, as well as economic factors such as falling house prices, have contributed to an increase in expected losses on FHA-insured loans. This increase in expected losses has put pressure on the MMI Fund and reduced the amount of resources that FHA has on hand to pay for additional, unexpected future losses. This has led to concern that FHA may need to draw on its permanent and indefinite budget authority for funds from Treasury to hold in reserve to pay for these higher expected future losses, or, eventually, to pay insurance claims. An annual actuarial review of the MMI Fund released in November 2012 showed that, according to current estimates, FHA does not currently have enough funds on hand to cover all of its expected future losses on the loans that it currently insures. The results of this actuarial review heightened concerns that FHA could need funds from Treasury. However, whether FHA actually needs to draw funds from Treasury would be determined as part of the annual budget process, not by the actuarial review. FHA faces an inherent tension between protecting its financial health and fulfilling its mission of expanding access to mortgage credit. In addition, the share of mortgages insured by FHA has increased in the past several years as the availability of mortgage credit has tightened, further contributing to this tension. FHA has recently proposed or implemented a number of changes to its single-family mortgage insurance program that are intended to minimize risk to the MMI Fund while still allowing FHA to support the mortgage market and expand access to affordable mortgages. These changes have included increasing the fees that it charges to borrowers for insurance, modifying its underwriting criteria, and taking steps to increase oversight of lenders who make FHA-insured loans. While many of these changes were made administratively by FHA, some involved congressional action. Congress has also weighed additional changes to FHA's programs, and has considered additional legislation aimed at protecting the financial health of the MMI Fund. An example of such a bill is the FHA Emergency Fiscal Solvency Act of 2012 (H.R. 4264), which passed the House of Representatives during the 112th Congress. An identical bill (S. 3678) has been introduced in the Senate.

Scott Cooper has simplified the complex world of business insurance specifically catered to restaurants industry, regardless of their size or number of locations. In this comprehensive book he has utilized his 27 years of being a restaurant commercial Insurance Broker and an ex-restaurant owner to provide invaluable must know information. The Ultimate Guide to Business Insurance - Restaurant Edition you will get: -Answers to most common questions asked about all lines of commercial restaurant insurance. -The knowledge to ask all the right questions from your Agent -What are the most damaging and prevalent claims which are on the rise -How to separate Myths from Facts by understanding real claim situations. -Must know information on how to eliminate and/or reduce your claims -Practical solutions to reduce insurance costs Bonus Section of interviews with other professional industry experts. - A Top Industry Legal Counsel discusses employment practices and what are the most common lawsuits against restaurant owners. Also, what are the do's and don'ts of handling employees. - A Top Southern California Restaurant Broker with wealth of information on how to buy and sell a restaurant and what to watch out for xxxxxx - A Financial Consultant specializing on key principals coverage and protection. Also how to evaluate your numbers and profitability. This is a must read for new and experienced restaurant owners, managers and operators.

If your goal is to pass your insurance test the first time without the hassle of big thick study books, the Health Insurance, Iowa License Exam Manual is right for you. Every effort has been made to reduce the number of pages necessary to pass the test. The fresh format has smaller bites of information. Each exam topic is followed by multiple choice questions to reinforce your learning. Designed to stand alone or be used as a supplement, this easy to read manual is complete with a table of contents, insurance text, over 250 multiple choice practice questions, study tips and test taking tips. You will learn the exam topics needed to successfully pass your insurance test: types of policies, policy provisions, clauses, riders, social insurance, field underwriting procedures, other insurance concepts, and Iowa rules and regulations.

Most restaurant owners and partners need to start or catch up on their retirement and to have a complete exit strategy. They need control of their money. It needs to grow, not decline. The funds need to be accessible if along the way an emergency or opportunity arises. Most of all, it should be tax-free and allow a lifetime draw.

A condensed version of Jon's original book, HOW TO WIN THE HEALTH CARE GAME, this work offers notes and highlights for a quick study of the fundamentals for efficient purchase of health insurance that maximizes savings.

A guide to health insurance and the Affordable Care Act for consumers. This book describes the health reform provisions of the Affordable Care Act, including essential health benefits, the health care exchanges, and premium subsidies available for certain individuals. The book also describes the main features of health insurance plans in the U.S., including characteristics of health maintenance organizations (HMOs) and preferred provider organizations (PPOs), and typical cost-sharing mechanisms, including deductibles, coinsurance and copayments. Practical examples of the operation of deductibles, coinsurance and copayments are provided.

Born into a humble family in Bogota, Colombia, Gonzalo Jimenez has always been motivated by his desire to be more and do more. After coming to the United States as a teenager, Gonzalo used his creativity and staunch work ethic to continue his education and start a new life in a new country. Today-still a humble man-Gonzalo is blessed with a beautiful family and one of the most successful insurance agencies in the state of Texas. Meaningful is the story of a simple man who followed his passion to build his ideal life. That life not only includes a successful career, but is a life rich with music, family and friends. Read along as Gonzalo shares his story and his heart-how he overcame adversity and conquered challenges to forge his own path and create his own future-a life filled with music, family and friends.

Let author, Kevin L. Glaser, CPCU, CIC, SCLA, ARM, AAI, AIC, ARM-P, AIS, share with you his wealth of first-hand experiences gained in his roles as insurance company adjuster, underwriter, marketing representative, risk manager, and expert witness over a period of thirty years. This revised third edition contains expanded content in most chapters, including factors affecting the price of insurance, litigation related information, comparisons of the insurance industry to the automobile industry, as well as the addition of an index and new easier-to-read book formatting. Who should read Inside the Insurance Industry - Third Edition? This book contains useful information for attorneys, new insurance company hires, risk managers, financial planners, business owners, college students taking insurance courses and individuals who purchase insurance to protect their financial well-being. Sample areas of interest to readers include: Mechanisms and processes by which insurance is sold -Identification of various distribution methods -Definitions of common industry terminology Internal workings of insurance companies -Discussion of responsibilities of departments such as marketing, claims, underwriting, policy services, audit, loss control, legal, actuary, subrogation, internal audit, product development, information technology and management Little known factors that impact insurance companies and policyholders Factors affecting the price of insurance -How to get the best insurance deal -When (and how) to make an insurance claim External resources available to assist purchasers of insurance -Consultants -Public adjusters Risk management -Risk manager essential responsibilities -Sample case study Litigation-related information What the future holds for the insurance industry This book is written in an easy-to-understand format which allows people with limited experience working with insurance to better understand many areas of insurance which were previously unknown to them. It contains just the right mix of broad and specific information. All of the above are valuable reasons to purchase Inside the Insurance Industry - Third Edition. But the #1 reason for you to buy this book is that it will save you money

You don't need to read this book, but you'll want to...
Any successful businessperson today knows you have to drive positive results to be competitive in your marketplace. You've got to continually look for ways to cut costs, improve staff efficiency, and drive higher sales.
Some of you need money to purchase new capital equipment or repair your current equipment to stay competitive. This book is filled with insights and strategies that are designed to help you do the following: Increase profitability Lower operating costs Reduce business risk that you may be totally unaware of Make you more competitive in your marketplace This book will show you how to lower the human and financial costs of your workers' compensation program which is a huge cost driver to your profitability. Specifically, it will review the policies and procedures you should have in place to accomplish the goals listed above. The book will also share with you some tools used by companies today to streamline big ticket areas, including training and claims management.
Who should read this book?
This book is designed for CEOs, CFOs, COOs, Risk Managers, HR directors, Administrators, Safety Directors and Claim Coordinators. It offers a comprehensive "holistic approach" to an integrated system to all levels of company management. Some material will speak the language C-Suite executives relate to, but there will also be material that will need to be communicated and carried out throughout your company.
Here is what this book will help you achieve.
You will take away a clear understanding of how to administer a successful workers' compensation program in your business. The book is broken down into easy manageable steps, which are all part of a system called the "PX4" process.
Here is the good news. The "PX4" process works Your company will experience fewer claims and those claims will cost you less, on average. Following the "PX4" process outlined in this book will drive better results for your company and make you more competitive in your marketplace.
Ask yourself this question.
What if you changed some business practices within your company which had the effect of adding millions of dollars to your topline sales results, put you in control and increased your profitability, would you be interested in knowing how companies are accomplishing that? If yes, read on.
The ideas revealed in Accidents Waiting to Happen provide user-friendly, turnkey, and proven strategies that will put you in control in the administration of a results-focused, successful workers' compensation program, whatever your industry.
"The concepts presented in this book are "spot on" for companies looking to become "Best in Class." If you truly want to become more competitive in your marketplace, it is important to understand from an insurance company perspective, employers considered "Best in Class" typically receive better pricing at renewal time." " Eleanor Powell-Yoder, President, Michigan Commercial Insurance Mutual"
"It is extremely important to pick partners who can truly help your company. In that regard, we are glad to have worked with Rick. I was amazed that in just eight short months, he dramatically lowered the number and severity of workers' compensation claims we typically had through the years, improving our profitability and lowering your operating costs. With his leadership, we effectively added over $13 million to our financial statement. I highly recommend you read his book." " Jim Ginas, President, Southeast Modular Manufacturing"

It is well known that migration law often imposes restrictions which severely in uence entitlement and access to social security bene ts for migrant workers. However, in the wake of new social problems created by economic globalization, new patterns of migration, and political pressures - and in an effort to make sure that countries treat each other's subjects equally and that rights to bene ts are maintained - an increasing number of countries today have entered into bilateral and multilateral social security agreements with a basis in human rights. A network of such agreements is now starting to extend over the entire globe.

The Ultimate Medicare Decision-Making formula is designed to simplify and educate readers about the seemingly complicated and confusing aspects of Medicare. It will also enable them to make swift and accurate decisions in regards to their health and prescription drug choices. Developed through thousands of hours working with new Medicare beneficiaries, this proprietary decision making process will allow you as the reader to select the right Medicare health plan for your individual health care needs, lifestyle, and budget. You'll find everything you need to know from when, where and how to apply for benefits, to the optimization of your plan from year to year. In addition to the book itself, readers will also have the ability to access audio-video tools as well as personal assistance via the internet. Finally, the consumer tips following each relevant chapter will help readers avoid common pitfalls associated with the enrollment, and plan selection of Medicare. Although designed primarily for the new Medicare enrollee, this material is relevant to anyone receiving benefits from Medicare.

Avoid the pitfalls of setting up and managing your company's property/casualty insurance program. Know the terms of the trade:, quickly acquire concepts, and learn how to effectively and economically manage your company's insurance program - for YOU

Providing an analysis of select programmes relating to life insurance, topics covered include the Federal Employees' Group Life Insurance programme (FEGLI) and the retirement benefit and retained asset account disclosures that could be improved; veteran's benefits and current life insurance programs; and the insurance and tax issues of Corporate-Owned Life Insurance (COLI).

Health insurance can offer protection against catastrophic medical expenses and improve access to health care. There are, however, imperfections in the insurance market that require intervention such as asymmetry of information between the policy holder and the insurance company, moral hazard that can occur on the side of the insured or the provider of health services, risk selection that may lead to cream skim a particular market, and others. To encourage the effective development of Voluntary Private Health Insurance, it will be necessary for policymakers to establish and enforce regulatory standards that will attempt to correct inefficiencies from market failures and that will achieve desired social objectives. This book is intended to help countries that are contemplating how to design and implement a legal framework for a private health insurance market. First, it provides an overview of private health insurance, the rationale for insurance regulation, and the institutions involved in administering insurance laws. It then reviews the key standards and protections that are often used in regulating private health insurance. As part of the discussion on regulatory standards, options for supervisors in certain areas where policy and regulation approaches vary will be noted. To illustrate international experience, examples of the regulation of private health insurance from several low, middle, and high-income countries will be drawn upon throughout the book.

A life settlement is a transaction in which an insurance policy owner sells a life insurance policy to a third party for an amount that exceeds the policy's cash surrender value, but is less than the expected death benefit of the policy. Reports indicate that the life settlements market had experienced robust growth up until 2007 when it was estimated that $12 billion in face amount, or stated benefit, amount, of life insurance was sold in life settlement transactions. More recently, the amount sold has declined. This book outlines the Life Settlements Task Force's findings about the life settlement market and recommends that the Commission consider certain actions to improve market practices and regulatory oversight.

There is more to selling insurance than writing policies. When done right, you can build a successful business that affords you a lifestyle most people only dream about. Why try to figure it out on your own when you can learn from someone who has already been there and done that? Jeff Hastings knows insurance, and he knows how to build a profitable business. Since starting as a file clerk with Farmers Insurance Group in 1985, Jeff has built an extraordinary business, consistently receiving top awards, including District Manager of the Year in 2005. He and the agents in his district have achieved phenomenal success, and now he shares the keys to their success with you. Many of the business tools you will need are included such as licensing guidelines, a business plan, employment contracts, an employee handbook, business forms and more. If you are serious about building your own insurance agency, So You Want to Be an Insurance Agent gives you a complete system to develop, manage and grow your business.

The Making of the Modern Law: Legal Treatises, 1800-1926 includes over 20,000 analytical, theoretical and practical works on American and British Law. It includes the writings of major legal theorists, including Sir Edward Coke, Sir William Blackstone, James Fitzjames Stephen, Frederic William Maitland, John Marshall, Joseph Story, Oliver Wendell Holmes, Jr. and Roscoe Pound, among others. Legal Treatises includes casebooks, local practice manuals, form books, works for lay readers, pamphlets, letters, speeches and other works of the most influential writers of their time. It is of great value to researchers of domestic and international law, government and politics, legal history, business and economics, criminology and much more.++++The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to insure edition identification: ++++Harvard Law School LibraryCTRG95-B2633Includes index.London: MacDonald and Evans, 1909. xv, 228 p.; 19 cm

Every year wildfire destroys thousands of homes, devastates countless lives and burns millions of acres. And every year people who've lost everything say, "We didn't think it would happen to us. If only we'd been better prepared." Now homeowners have a straight-talking handbook to help them get prepared, stay alive and rebuild their lives if disaster strikes. Surviving Wildfire's compelling combination of real-life experience and in-depth research makes it an indispensable tool for anyone living with wildfire risk. CONTENTS Assessing Your Risk; Firewise Building & Remodeling; Defensible Space You Can Live With; Advance Planning (A Pound of Prevention Can Save a Ton of Trouble); Evacuation Essentials (What to Take, When to Leave, How to Escape); Insurance (How Much You Need, What It Covers, How It Works); Filing a Claim (Insider Tips & Tactics); Recovery (Picking Up Your Pieces & Starting Over); Our Story; plus an Appendix with further resources for homeowners.

Do you know what percentage of your income the government defines as "affordable" when it comes to what you will pay for your health insurance? Will you be eligible for government subsidies? If your employer offers you coverage you may not be, even if you don't take it. Do you know why most Americans under 65 will not be able to keep the health insurance that they currently have? In this book you will find concise explanations about the sweeping changes Obamacare brings to health insurance in America, what it means to you and what your options are. When finished with this short read you will have a comprehensive knowledge of how this law affects you and things that you can do right now that will save you money in the future. What you will not find in this book is theory, rationale or politics. Obamacare is the law of the land in America and beginning in 2014 it is going to have a huge impact on the way Americans obtain and pay for their health insurance. What you need are the facts provided here, everything else is academic. This book is a must read for every American under the age of 65. For over 30 years, Ronald's clients have benefited from his expertise as a benefits broker and his ability to explain complex matters in easy to understand, simple English. This book deals with Obamacare in that same manner.

The "Top 25 Insurance KPIs of 2011-2012" report provides insights into the state of insurance performance measurement today by listing and analyzing the most visited KPIs for this industry on smartKPIs.com in 2011. In addition to KPI names, it contains a detailed description of each KPI, in the standard smartKPIs.com KPI documentation format, that includes fields such as: definition, purpose, calculation, limitation, overall notes and additional resources. This product is part of the "Top KPIs of 2011-2012" series of reports and a result of the research program conducted by the analysts of smartKPIs.com in the area of integrated performance management and measurement. SmartKPIs.com hosts the largest catalogue of thoroughly documented KPI examples, representing an excellent platform for research and dissemination of insights on KPIs and related topics. The hundreds of thousands of visits to smartKPIs.com and the thousands of KPIs visited, bookmarked and rated by members of this online community in 2011 provided a rich data set, which combined with further analysis from the editorial team, formed the basis of these research reports.

THE COST OF IGNORANCE is a riveting novella by business insurance veteran Robert Phelan.The story punctures confusing insurance jargon and introduces a powerful new concept for middle-market companies: a little-known form of insurance known as Performance-Based Insurance (PBI) costs less and can save a company millions of dollars over time. The tale is told through the misadventures of Timothy Franculli, owner of a wholesale manufacturing company that is about to go broke because of escalating liability and health insurance costs. Timothy attends a conference in San Francisco where he runs into an old friend and learns about PBI, a type of insurance that could save his struggling company hundreds of thousands of dollars per year. But there is a catch. Typically, in order to qualify for PBI, a company must have a strong safety culture where worker injuries and accidents are controlled and reasonably predictable. Franculli has a lot of catching up to do after a series of employee injuries the year before caused his worker s compensation premiums to skyrocket 40 percent.

AN EASY-TO-FOLLOW GUIDE FOR MAKING THE BEST DISABILITY INSURANCE DECISIONS Need help understanding what disability insurance is and why it's a critical way to protect your financial future? With decades of experience in the insurance business, Tony Steuer and Maxwell Schmitz deliver a practical resource for choosing the best disability insurance policy for you, whether you currently have a policy or not. Step by step, they lead you through the process of making key disability insurance decisions and understanding important factors: 1. What income protection do I already have? 2. How much disability insurance would I qualify for? 3. How might my medical and financial history affect my rates? 4. What policy components or riders are important to me? 5. How do I choose a trusted agent or advisor and an insurance company? 6. How do I make sure that my policy continues to meet my needs? This workbook will help you avoid unnecessary pitfalls and unpleasant surprises; make informed, confident decisions; and gain the maximum protection for your insurance dollars. Tony's Questions and Answers on Life Insurance and 1The Questions and Answers on Life Insurance Workbook were winners of the Excellence in Financial Literacy Education(TM) Award from the Institute for Financial Literacy(R)