The job cuts included “fewer than 40 in Richmond and fewer than 30 in Lynchburg,” company spokesman Tom Topinka said in the statement. The cuts affected the company’s life insurance and information-technology units.
via Genworth cuts some jobs in Richmond, Lynchburg | Richmond Times-Dispatch.
You can always tell which direction sales is headed by keeping tabs on who gets laid off.
Just recently a child was hospitalized after putting a bottle rocket in his pants and others were hospitalized after holding cinnamon in their mouth for a minute. The danger is that these kids may or may not know that these stunts are dangerous. It may not be evident that a video seen online is not a credible source…
It worries me that we are being accustomed to quick messages and short hand typing that we will soon become a society of less social individuals and poor communication skills.
A new study released Thursday by the University of California, Irvine, which was co-written with United States Army researchers, found that people who do not look at e-mail on a regular basis at work are less stressed and more productive.
via Taking E-Mail Vacations Can Reduce Stress, Study Says – NYTimes.com.
Did we really need a study to tell us this?
The company has reduced its total workforce by 730 positions, or almost 10 percent, over the past four years, mainly by attrition.
via American Family Information Services Department Incurs 87 Layoffs – Insurance Networking News.
Short articles like this make me wonder what’s really happening. We don’t know the total number of staff in the company’s IT department so we cannot know what percentage of the entire staff was affected. So I went online and found the following:
The cut positions included 85 people based at the company headquarters at 6000 American Parkway and its other Madison location, off Milwaukee Street, plus two people outside Madison. There are 850 people remaining in the company’s information services division, making the job reductions equal to about a 10 percent cut there.
Exchange of Services and Adding New Business Lines: I have a good friend who is a young MD type doctor. He was loaded down with student loans and he operates his own office in Encino, CA, a fairly wealthy area. It costs him $225 per hour to keep his office doors open. He had to do hospital rounds at night to survive. Radio time is now going begging. So, I worked a deal for him with a local radio station. He gets advertising air time and even has his own medical “show” on that station. He is also now the personal doctor for the station owner and the few employees. This was an exchange of services. I did not charge for putting this deal together but it lead to a new business line for him that I proposed and share in that revenue. He is located in a wealthy area. There are a lot of wealthy older people in the area who do not like going to see the doctor but from time to time, need medical help and attention. So we set up a medical concierge service that also gets advertised on that radio station. We make house calls and the fee is not cheap. We now have eight doctors on call and business is brisk.
via Opportunities EVERYWHERE Market Sniper – Slope Of Hope with Tim Knight.
The example above is one of the real life money making opportunities highlighted in the article. Go read the rest. This is tremendous food for thought.
I started to think about my own business after reading the article. A while ago I recognized my opportunities were similar to the ones described by Knight. I began to understand that I had started working at the intersection of disciplines. Underwriting and law. Auditing and underwriting. Technology and underwriting.
Can you take your expertise to the intersections of disciplines to meet unmet needs?
HT – Michael Panzner at Financial Armageddon
The largest open long-term care insurance claim has reached $1.7 million in paid benefits, according to a just-released report from the American Association for Long-Term Care Insurance (www.AALTCI.org). The claimant, a woman, purchased coverage at age 43, paying an annual premium of $881. Three years later her long term care insurance claim began and has continued for almost 15 years.
In the current analysis, Elizabeth Devore, an instructor in medicine at Brigham and Women’s Hospital, and her colleagues addressed the gap in the research by reviewing the eating habits of a single cohort of 16,000 women participating in the Nurses Health Study. During their 50s and 60s, every four years the women answered questions by phone about what they ate. And in their 70s, they came into the lab for six different cognitive function tests. Devore and her team also had information on the women’s education, income and other socioeconomic factors that can affect cognitive function.
She and her colleagues focused their attention on berries because rodent studies showed that the key compound in berries, a flavonoid called anthocyanidin, could seep through the blood and into brain tissues — specifically concentrating in the hippocampus, which is responsible for learning and memory. As an antioxidant, flavonoids also fight inflammation and oxidation, both processes that affect aging brain cells.
Structured notes are essentially bank bonds bundled with derivatives. Derivatives are contracts whose value is derived from stocks, bonds, currencies and commodities. Thus, structured notes are complex products with no pricing transparency.
Financial underwriting just got a whole lot more complicated.
As America ages, regulators are seeing more and more financial abuse of people 50 years of age or older. The North American Securities Administrators Association NASAA, the association of state securities regulators, reportedly filed 1,241 such enforcement actions in 2010, the latest year for which data has been compiled – more than double the 506 enforcement actions filed in 2009 “Financial Scammers Prey on Seniors,” by Anne Teresen, Wall Street Journal.
via More Financial Scammers Are Targeting Seniors :: Investment Fraud Lawyer Blog.
We get so focused on Google that it’s easy to forget there are alternatives to Google search. Granted, the alternatives are not nearly as popular. At 66% market share and 11.7 billion searches during the month of February 2012 alone, Google clearly is the leader. But other search engines are worth understanding — both from the perspective of when you are a searcher for information, and from the perspective of a site owner knowing that visitors may come from those other search engines.
via Google Alternatives.
I came across this article while catching up on news one Saturday morning. For fun I ran the search string “life underwriting expert witness” without quotation marks on all of the search engines listed in the article. I must admit that I was surprised at the search findings on all of the engines.
Let’s just say I’m a happy guy this morning.
lifeunderwriter.net 
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