Sagicor Life Acquiring PEMCO’s Life Insurance Business

Sagicor Life Insurance Co. has an agreement to buy the policies and clients of PEMCO Life Insurance Co. from its parent company in Washington State as the latter firm exists the life insurance market.

Tampa-based Sagicor is buying about 10,000 term and whole life policies, along with about 7,500 clients, from PEMCO Mutual Insurance Co., a Washington State-based company.

via Sagicor Life acquiring PEMCO’s life insurance policies, clients | Insurance & Financial Advisor I IFAwebnews.com.

Tablet and E-Book Reader Ownership Nearly Doubles

The share of adults in the United States who own tablet computers nearly doubled from 10% to 19% between mid-December and early January and the same surge in growth also applied to e-book readers, which also jumped from 10% to 19% over the same time period.

The number of Americans owning at least one of these digital reading devices jumped from 18% in December to 29% in January.

via Tablet and E-book reader Ownership Nearly Double Over the Holiday Gift-Giving Period | Pew Research Center’s Internet & American Life Project.

Faithful followers are aware this author abandoned his Read a Book a Week project sometime in 2011.  Workload got very busy so I ultimately had to trade non-work reading time for revenue.  Not a bad trade-off but I still miss my recreational reading time.

I’ve owned a Kindle for over a year now and received a smart phone this past Christmas.  I can now access my Kindle books on my phone.  We’ll see if this helps me read more books this year.

Click through to the Pew website where you can download a PDF copy of this study.

Pressed and Stressed – The New (AB)Normal

Worker stress reflects not only heavier demands in recent years, but the fears and difficulties of the Great Recession that preceded the recovery as well as ongoing economic uncertainty.  In effect, employees have been under sometimes-severe strain for roughly four years.  Bigger workloads might be easier to shoulder if employees were getting raises, as well.  But by and large they aren’t. In the Workforce Management-Workplace Options survey, just 30 percent of those employees reporting an increase in job duties said they got a pay increase as well.   And government data show that inflation-adjusted average hourly earnings fell 1.6 percent from October 2010 to October 2011.Still, some observers say workers should get used to the present business as usual.  Given doubts about the government’s ability to reduce unemployment rates anytime soon, employers may be able to make always-on “superjobs” the standard rather than the exception. Companies have seen a spurt in productivity, but it may not be a lasting one. Wayne Hochwarter, a management professor at Florida State University in Tallahassee, surveyed more than 700 full-time workers in 2011 and found that employees in a demanding work environment said their job performance had risen.  But their anxiety levels at work and home also rose, while their job satisfaction fell.  Especially when increased demands come with factors like layoff fears and poor communication by the boss and company, heightened worker productivity is likely to be short-lived, Hochwarter says. “The toll on the human system leads to deteriorating performance and effort,” he says. “The person is left with an empty tank.”

via Today’s Workforce—Pressed and Stressed – Featured Article – Workforce.

The hamsters are dying.