• September 10, 2021

Top insurers to raise rates, add exclusions

A top insurer will raise premiums for some of its most popular policies by an average of 14%, according to a survey by the American Medical Association.The AHA’s survey, released Wednesday, comes after insurers announced their latest increases.It’s the latest indication that insurers are beginning to adjust to a new business climate that is changing…

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Michigan’s insurers are getting hammered for their handling of the health care law

An insurance agency is being sued in Michigan after a former employee alleged he was fired because he refused to provide coverage for his son who has cerebral palsy.According to a complaint filed Wednesday in U.S. District Court in Detroit, a former insurance agent at the Midwestern Insurance Agency filed a whistleblower complaint alleging he…

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How to set up auto insurance in your state

In a few days, you should be able to apply for a policy from any auto insurance agency.However, you will need to fill out the application with your name, address, and social security number and a copy of your drivers license or ID card.Before you sign up for a car insurance policy, it’s important to…

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When will we see your house insurance rates again?

You’re probably not going to be able to see the rates on your home insurance, but you can get an idea by going to your insurance company’s website and clicking on the ‘My Rates’ tab.The website will tell you the rate for the previous month and then the current one.If the current rate is higher…

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How to Buy a Business in Alabama: The Basics

ALABAMA (AP) If you’re in a state that doesn’t offer a personal injury policy, you’re not alone.In fact, according to the Alabama Insurance Agency, more than 3,000 businesses in Alabama have no insurance coverage at all.That’s not just bad news for businesses that are already struggling to keep up with the increasing cost of insurance.It’s…

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How to pay your insurance bill online with Chase bank

Chase bank says it will allow consumers to pay online using its credit card on a Chase credit card or with a debit card at a Chase retail store beginning April 5.The change comes after the bank last month started accepting Chase cards to pay bills online for purchases of goods and services with an…

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Which insurance agencies are at risk for losses?

The federal government has estimated that as many as 50 percent of all health insurance companies are vulnerable to potential financial losses if they cannot keep pace with rising medical costs.The Centers for Medicare and Medicaid Services, which oversees the health insurance marketplaces, issued a warning Friday to insurers and other health insurers that they…

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