‘Flawed’ claims on private helicopter contract ‘should have been reviewed’
An internal audit of the Houston-area motor vehicle insurer that handled an “insurance fraud” claim found it “should have reviewed” the claim, an official said Thursday.A whistleblower at Morris Insurance Agency told the Texas Transportation Commission that the agency “should be required to review the claim before it is filed” with the Texas Department of…
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The Latest on a new wave of Hurricane Sandy coverage
New Jersey Gov.Chris Christie said Tuesday that he plans to sign a bill that would require insurers to cover every eligible Sandy-related illness and injury, even those that are life-threatening.Christie’s office said he is the first state official to sign the bill.Christie also said the bill would “provide some relief to the tens of thousands…
Read MoreThe biggest tech stocks to watch as US government unveils sweeping rules
UK government officials announced today that they plan to propose sweeping new rules aimed at cracking down on tax avoidance, including a tax on Internet companies.The US Treasury has said it wants to crack down on “the largest tax avoidance schemes in the world.”The UK’s Financial Services Authority (FSA) is expected to launch a crackdown…
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The new $10 billion plan to save Maryland’s goosehead insurance coverage
The new health care law allows Maryland to take a hit on its insurer market share by selling a smaller pool of policyholders and eliminating a requirement that companies offer coverage to all enrollees, in exchange for a premium tax credit that would increase in 2018 to help offset the loss of coverage. “Maryland is on…
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Texas officials: 1,000 people have died from drug overdoses in one week
KENOSHA, Wis.— The Texas Department of State Health Services says more than 1,100 people have been killed by drugs this year in a state that has had an average of more than 200 drug overdose deaths per day this year.It also says more people died from overdoses in Texas last week than in any other…
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How to keep your home insured when it goes on sale
Homeowners insurance agent Martin’s Insurance Agency has offered some tips to help homeowners keep their home insured while they sell it.Here’s how to stay on top of home insurance sales, as well as when to apply for a loan, if you’re an agent and when you should consider a mortgage.1.Keep an eye on the house…
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How to find a quote for your car insurance company
jones is a major insurance provider in the west, and one of the few that is able to offer a fully comprehensive insurance package for drivers.They have some of the best rates available, but they do charge a premium.This article will help you determine the best quotes available, and then you can pick one from…
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How to Get Paid for Driving Through a Parking Lot
A friend of mine had a pretty bad day.He was sitting in a parking lot and was talking about how it felt to drive on a Sunday.When I said that, he was like, “I wish you could drive through here on a Saturday night.”We’ve all done it, and you get paid for it.It’s called a…
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When Will It Stop? Will it Stop? White Insurance Agency Gets a Huge Deal From Trump
In an effort to get its insurance premiums to skyrocket, a major insurer in Kansas will get $1.2 billion in taxpayer-backed loans from the Trump administration.The federal government is funding the loan through the federal government’s Community Reinvestment Act program, known as the “skinny budget.”The loan was announced on Thursday, and it is expected to…
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Which states have homeowners insurance agencies?
The homeowners insurance industry is the biggest in the United States, and it’s growing.The industry is now the third-largest in the country, behind only auto insurance and health care.This week, the industry hosted its second annual conference, which drew nearly 4,000 attendees.The event was called “Collateral Damage: The Business of Protecting Your Home,” and it…
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