• July 24, 2021

Why does Texas lose $1.2 billion in premium growth?

As the economy improves, insurance companies are finding it harder to attract and keep consumers.In the meantime, state leaders are trying to figure out how to make sure the industry survives.The state’s insurance commissioner, Robert Koehler, has tried to take steps to help insurers by giving out billions in tax incentives and cutting spending.He also…

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Who’s to blame for the rise of auto insurance?

Auto insurance is a key pillar of the economy.But according to new research, its decline is due in part to a combination of bad policy design and a lack of competition in the market.A new study by the McKinsey Global Institute and the Center for Science in the Public Interest argues that auto insurance companies…

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Two insurers are under investigation by the FTC for selling a product they didn’t require the customer to use

FourFourtwo title Two insurance companies are under federal investigation for selling products they didn ‘t require the client to use.Insurance regulators are investigating two large insurance companies for marketing products that did not require consumers to buy a premium plan.The Consumer Financial Protection Bureau said Friday it was investigating two companies for allegedly marketing products…

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What happens if I lose my insurance?

A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…

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What happens if I lose my insurance?

A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…

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What happens if I lose my insurance?

A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…

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“Laissez faire” insurance company, homebuyers agency in Kentucky fined for selling ‘non-essential’ insurance

KY Homeowners Insurance Agency, which sold “non-necessary” insurance to its customers in Kentucky, was fined $500,000 by the state’s Department of Insurance.In a letter sent Tuesday, the department said the insurer violated the Kentucky Insurance Code, which states that insurance coverage must be non-essential.KY HOIA said it is “committed to maintaining a high standard of…

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How to become a national treasure and become the ultimate American hero

An elite group of elite athletes are making a mark on the world of sports.The NFL is one of them.They have become one of the top brands in the world, and that’s what we’re here to discuss.In a sport where success is measured in numbers, we’re going to look at how elite athletes can help…

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Alabama insurer to file suit over $2M hit to insurers coverage

ALABAMA–A major insurance company is suing the state of Alabama for $2 million over the loss of $1 million in coverage for the same incident in Alabama that killed two men and injured 11 others.The Insurance Department filed a lawsuit Tuesday against Alabama Insurance Agency over the $1.8 million in unpaid claims that the company…

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