Tag: magnum insurance agency
Trump’s new health care plan could cost millions of Americans
President Donald Trump on Monday announced that he would overhaul his signature health care law and eliminate the requirement that all Americans obtain coverage or pay a penalty.The plan, which Trump is expected to announce as soon as this week, would expand health coverage to a wider range of people, including people with pre-existing conditions,…
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How to find the best corporate tax rates
If you’re looking for the best rates on your corporate tax, you’ll need to look at the individual tax rates for each company.This means looking at the company’s tax return as a whole rather than individual tax returns for each of the individual members.This will give you a more accurate picture of the company tax…
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How a $2 million lawsuit could help save the life of a dying grandma
The Magnum insurance company is taking aim at a man who says he’s been left without insurance after losing his home in the Great Recession.The man filed a class action lawsuit against the company in a California court on Tuesday, saying that a catastrophic event forced him to pay thousands of dollars in premiums, but…
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How to find the right company for you
Insurance agents are often asked how to find a good insurance company, but few have a clear answer.Many are concerned about what to expect from their current insurer and how they would cope with the changes in the industry.They are also reluctant to give specific advice on the best insurance companies.It is also difficult to…
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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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Why the U.S. could be in for a financial shock with its capital gains tax hike
The U.K. has already announced a new capital gains rate of 8.5%, but a U.C.V. tax on stocks would hit American investors hard.A new U.N. proposal on capital gains taxes will also raise the stakes for U.A.E. investors.U.H.I.C.’s Peter Smith reports.
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Why do white Americans still get hired over minorities?
I wrote about the problem in March 2016 when the Obama administration decided to stop using the term “white” in employment and other public services.At the time, the Obama White House said that because the term was “politically sensitive” it had been taken out of the title.The administration said that since it didn’t want to…
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Allstate cuts $2.7bn as it faces steep costs of opioid crisis
Allstate has announced plans to cut $2 billion from its opioid opioid drug insurance business as it struggles to combat the deadly epidemic.The announcement comes just weeks after the company’s chief executive officer, Jim Meyer, was named to the U.S. Senate’s Finance Committee.He said the company would spend the savings to reduce the number of…
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Romney, Santorum to take on auto industry’s biggest name on MSNBC: ‘I am not a lobbyist’
Mitt Romney and Rick Santorum are set to take aim at the auto industry on MSNBC’s “The Last Word with Lawrence O’Donnell” this week.Romney and Santorum will take to the airwaves Wednesday evening to take shots at the Big Three auto insurance companies.“I am a lobbyist for the insurance industry,” Romney will say on the…
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