Then, the insurance companies will have carved for themselves a steady stream of profits from mandated insurance without bearing much of the corresponding risks.
A single mother of three, she has been living lately on $2,000 a month in child support and about $450 a week in unemployment insurance — a stream of checks that ran out last week.
Valuation is fraught with controversy over discount rates, reinvestment risk and longevity, for starters.Some firms have tried to reduce their risk by swapping pension assets for a stream of annuity payments from an insurance company or other provider.
He says his days turned into a non-stop stream of work, phone calls with insurance companies, and piled-up bills.
With these downsides, insurance companies are regularly looking for reasons to sell their products beyond the death benefits of insurance and the steady income stream of annuities.
Call it stream-of-consciousness shopping.
By law, Social Security has three streams of income: Federal Insurance Contributions Act (FICA) contributions, interest on the trust funds (composed of the surplus of revenues over outlays) lent to the U.S. Treasury and used for other governmental activities (such as the Iraq and Afghanistan wars) and income tax on a portion of Social Security benefits received by high earners.
We have begun to see a steady stream of reports from large financial institutions banks, insurance companies, reinsurers and investment houses talking about the risks to shareholders of climate change, toxics, water scarcity, and other environmental and resource concerns.
That would just guarantee a government-mandated stream of revenue on which the private insurance companies can feed.
Since the new health insurance exchanges launched last October, there's been a seemingly endless stream of news stories, mostly about rollout problems, health insurance cancellations, enrollment numbers, or personal anecdotes that are quickly repurposed as political fodder.
