Throughout our lives we will ask each other the following questions regarding insurance – what kind of insurance do I need and when should I purchase it?
Read MoreHow Insurance Needs Can Vary Over Time
Author: Todd Halterman
Our Tор 5 Insurance Tірѕ for Millennials
What is the Millennial Generation? The term “Millennial” is usually applied to individuals who reached adulthood at the turn of the 21st century, but the precise line of demarcation can vary depending on the source. Neil Howe and William Strauss wrote an influential book back in 1991, Generations: The History of America’s Future, 1584 to 2069, and as a result, they’re most often cited as the guys who stuck you with the brand. As a…
Read MoreInsurers Pummeled By Tough Season for Hail, Tornadoes and Ice Storms
The first quarter of 2017 proved particularly rough on homeowners and property and casualty insurers. They were all hit with some seriously expensive losses thanks to hail, tornadoes and ice to the tune of more than a third of a billion dollars. First-quarter underwriting results for Travelers Cos. worsened year-over-year as catastrophe costs jumped 9 percent to $347 million, while Allstate Corp. and others also reported the effects of storm-related claims ahead of their earnings…
Read MoreShut It Down! The Healthcare Battle That Will Shut Down the US Government
Congress must pass a bill this week to keep most of the government running beyond Friday when a government spending bill runs out. It won’t be easy. The debate over a new spending bill focuses on an esoteric issue affecting the Affordable Care Act. The question is whether Congress will pass — and President Donald Trump will sign — a bill that also funds subsidies for lower-income people who purchase health insurance under the law….
Read MoreLatest Republican Proposals Aimed at Capping Medicaid Spending
Transitioning Medicaid from an unlimited entitlement program to limited block grants could save U.S. taxpayers more than $100 billion, or $803 per household, over the next five years, according to a study from the healthcare innovation research company Avalere. Block grants of fixed amounts to states would save $150 billion by 2022, the February analysis found. A per-capita block grant, which would increase or decrease with enrollment, would cut federal spending by $110 billion. In…
Read MoreDrone Insurance? It’s Coming Your Way From Above
New technologies are impacting many different industries – and have been as long as commerce has been taking place. Whether it be when JC Penny and Sears and Roebuck were selling products to gold miners in the 1850’s or when Henry Ford was selling the Model T in the first half of the 20th century, companies that adapt to technological change are the companies that succeed in the long term. At this time technological advances…
Read MoreJump Start Seven Day Auto Insurance Policies Under Fire in Michigan
What is a Seven Day Auto Insurance Policy? Michigan drivers have some of the highest auto insurance rates in the nation, and drivers in Detroit pay rates so high one state senator says the premiums there are “probably the highest on earth.” Sen. Joe Hune, R-Fowlerville, chairs the Senate Insurance Committee in Michigan, and he says the huge rates paid by Detroit drivers “has caused people to find some creative solutions.” Among those creative solutions,…
Read MoreAre Head-up Displays And Voice Command Technologies As Dangerous As Manual Texting While Driving
From drinking coffee to eating a donut to putting on makeup or touching up a morning shave, as drivers we’re often guilty of performing “secondary tasks” in our cars. As a result, there’s been an uptick in injuries – and even fatalities – directly tied to distracted driving. And now “wearable technologies” are coming under scrutiny as well. While it may seem at first glance that devices such as Google Glass, which include features such…
Read MoreObamacare On the Brink of Failure in Tennessee’s Third Largest City
Could Knoxville, Tennessee be the first U.S. city where ObamaCare fails? Should that happen, it’s likely that more than 40,000 people there will be left without options to allow them to purchase a subsidized insurance policy. As it now stands, Humana is the only insurance provider available to consumers on the exchange there, and the company has already said they don’t plan to participate during 2018. In February, Humana issued a news release stating “based…
Read MoreProPublica, Consumer Reports and the Insurance Information Institute In a Scrap Over Minority Premium Report
ProPublica, Consumer Reports and the Insurance Information Institute have built their reputations on being go-to resources for research and analysis, but one report has embroiled them in a scrap over how insurance premiums are set for various consumers. The consumer protection outfits recently released their response to a column by the Insurance Information Institute’s James Lynch which criticizing a report they produced, Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the Same Risk. Lynch serves…
Read MoreFeatured
Oct 30, 2019
LA County residents forced to evacuate could tap insurance for cost reimbursement
LOS ANGELES, Calif. — Thousands of residents from Los Angeles
Health
Mar 17, 2020
The Essentials of Long-Term Care Insurance
When you’re young, long-term care insurance is not something
