Day: April 22, 2020

Publications and Forms

Introduction to the FEGLI Program

Federal Benefits FastFacts

The Federal Benefits FastFacts provides basic information about the Federal Benefits Programs administered by the Insurance Services Programs at OPM. We will issue FastFacts throughout the year so be sure to check back with us. Please note: before making any final decisions, please visit OPM’s insurance site for more specific information.

FEGLI Handbook

The FEGLI Handbook is a source of detailed guidance on the FEGLI Program for both agency officials and enrollees.

Frequently Asked Questions

See the answers to many questions about the FEGLI Program on the FAQs page.

Benefits Administration Letters

Keep up to date with the Federal benefits programs, with the latest Benefits Administration Letters.

Guide to Federal Benefits

The Guide to Federal Benefits has information about the other Federal Benefits programs and how they interrelate.

Quick Guide to FEHB, FEDVIP, FLTCIP, FSAFEDS, and FEGLI

The Quick Guide provides answers

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Harvard won’t ‘seek or accept’ federal stimulus money after calls from Trump to return cash

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Harvard University announced in a statement Wednesday that it will no longer “seek or accept” aid from the CARES Act Higher Education Emergency Relief Fund, one day after President Trump demanded the Ivy League school return federal relief cash.

The prestigious university had received nearly $9 million in federal funds through one of the government’s relief programs doled out through the Department of Education, but the allocation drew backlash from Trump.

The president on Tuesday claimed the university was receiving money through the Paycheck Protection Program, which is intended to help struggling small businesses. Harvard has denied ever applying for or receiving any funds through PPP, and has clarified that the type of funding it received was given to most other U.S. colleges and universities, to be used for direct financial assistance to

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Average Personal Injury Settlement Amounts

If you’re considering making a personal injury claim after an accident caused by someone else’s carelessness, you probably want to know how much money you can expect to receive in compensation for your medical bills and other damages. To get an idea of typical settlements or awards in personal injury claims—and what makes a difference in the amounts—we surveyed our readers across the United States to ask about their experiences. Here’s what we learned.

The Range of Compensation in Personal Injury Cases

Less than a third (30%) of the readers in our survey received nothing for personal injury claims. Of those who did receive a “payout” (an out-of-court settlement or a court award after a trial), the overall average was $52,900. Payouts typically ranged from $3,000 to $75,000, but a

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The Ten Largest Auto Insurance Companies of 2020

The largest car insurance companies by state

State Farm is the largest insurer in 35 states and Washington, D.C. After State Farm, GEICO was most frequently the largest insurer, taking the top market share spot in 10 states. Progressive held the most market share in 4 states, and American Family in just 1.

Largest auto insurance companies in each state


Big vs. small insurance companies

The trade-off between large insurance companies and small ones typically involves giving up competitive rates for an improved customer experience.

  • When using a small insurance company for your auto insurance, you’ll likely communicate exclusively with one insurance agent.
  • While you might lose a personal connection when selecting a major insurer, the largest companies tend to have more financial stability. In fact, these carriers underwrite and pay out billions of dollars per year, and still often leverage their resources to offer drivers lower insurance rates.

You

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The Ultimate Guide to Google My Business

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Insurance | Britannica

Insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period. It thus is a method of coping with risk. Its primary function is to substitute certainty for uncertainty as regards the economic cost of loss-producing events.

Insurance relies heavily on the “law of large numbers.” In large homogeneous populations it is possible to estimate the normal frequency of common events such as deaths and accidents. Losses can be predicted with reasonable accuracy, and this accuracy increases as the size of the group expands. From a theoretical standpoint, it is possible to eliminate all pure risk if an infinitely large group is selected.

From the standpoint of the insurer, an insurable risk must meet the following requirements:

1.

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