• July 28, 2021

How to get the most out of your business insurance coverage

A new study shows that the best business insurance policies come with some form of a deductible and a limited amount of annual premium, but that these policies aren’t always guaranteed to cover every unexpected event.As the Financial Times reports, “the study found that more than half of the best policies included some form or…

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Insurance agency in NY asks customers to provide birth certificates for use in health care

NY insurance agencies are seeking a record of all of their patients’ birth certificates.The New York State Health Information Services Authority is asking people who have health insurance in the state to submit the birth certificates to the agency to ensure their identity.The authority said it will send a letter to people who submit a…

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How to Get the Most Out of Your Insurance Policy

Insurance agents and brokers can often be a bit of a pain to get to know, but if you want to get the most out of your insurance policies, the Westwood insurance company offers some tips to make sure you get the best deal.If you are a homeowner or retiree and are looking for affordable…

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How to spot a bad insurance company

A few years ago, when the market was at its peak, you could go to an insurer and pay for an automobile insurance policy on the spot.Today, you might not be able to.The reason is the market is no longer so healthy.As more consumers are choosing not to buy automobile insurance and insurers are offering…

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Why the government needs to raise taxes on the rich

The US government should introduce a tax on the wealthy, and the idea is gaining traction among economists and policymakers.The Tax Foundation, a think tank, has a number of proposals, including levying a 25 per cent surcharge on all net worth, which would be passed on to the top 1 per cent of earners.But one…

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What you need to know about a possible merger between state and federal unemployment insurance agencies

The state unemployment agency is negotiating a merger with a major federal agency that oversees unemployment insurance, the Department of Labor, a move that could significantly alter the nature of the state’s unemployment insurance program.Dwayne M. Smith, an executive vice president of the Illinois Employment and Training Commission, said in a statement Wednesday that the…

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Trump calls out insurance company for covering ‘a bunch of crazy, crazy’ ObamaCare customers

President Donald Trump is calling out a small insurance company, along with several other insurers, for charging more for ObamaCare coverage than usual.The president, in an interview on MSNBC’s “Morning Joe,” called the insurer, Goosehead Insurance, a “phony company.”“I am not sure where they get their figures from, but the premiums are way up,” Trump…

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How to Choose Your Insurance Agency

Oklahomans need to know the difference between a health insurer and a health plan.The state of Oklahoma recently announced it is launching a health insurance marketplace, and it is the first to offer both the health insurance company and the insurer.The Oklahoman’s Chris Miller reports.(Published Tuesday, Sept. 15, 2019)Oklahoma’s Health Insurance Exchange launches Oklahoms First…

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This is what the insurance industry thinks of a ‘crisis of confidence’

A few weeks ago, insurance companies were calling for an end to the “crisis” of confidence that had gripped the market in the wake of the Paris terrorist attacks.But with more than 10 million people having lost their coverage and insurers offering limited reinsurance, that call was drowned out by calls for a “cascade of…

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Texas insurers: Moores insurance agency could lose millions of dollars

The Texas Insurance Agency has filed a complaint with the Federal Trade Commission alleging that Moore’s Insurance Agency, which operates a statewide reinsurance program, may be in violation of the law.The complaint was filed on Monday in the Federal District Court in Dallas by attorneys with the law firm Jones Day.Moore’s Insurance Company was formed…

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