As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system. Fitch Ratings released an analysis Wednesday that said overall reinsurance prices are expected to increase by more than 10 percent in 2023, pointing to losses […]
Insurance
California stockpiles penalties from uninsured residents instead of lowering care costs
SACRAMENTO, Calif. — Nearly three years after California started fining residents who don’t have health insurance, the state has not distributed any of the revenue it has collected, KHN has learned — money that was intended to help Californians struggling to pay for coverage. And so far, the majority of […]
Tesla Insurance Launches in Minnesota, Increases Rates for Some
November 18, 2022 By Kevin Armstrong Tesla insurance had been available in 11 states, but today Tesla has added another state to the list. Tesla Insurance is now officially available in Minnesota, making it the 12th state in the U.S. to support Tesla’s insurance initiative. Tesla needs to apply and […]
These insurance stocks could perform well even with economic weakness
The insurance sector isn’t generally thought of as very exciting, but it may nonetheless be a solid place for investors to buy financial exposure amid a losing year for stocks and worries of economic weakness to come. The group has solidly outperformed the broader market this year. The S & […]
Judge sides with insurance company in Waukesha condo lawsuit
WAUKESHA, Wis. — A judge ruled against the residents who lived in a Waukesha condominium building facing the threat of collapse, displacing them from their homes. On Friday, federal judge Lynn Adelman sided with the insurance company Travelers Indemnity Company. The insurance company had been sued by homeowners under the […]
How to get the best life insurance rates
There are reliable ways to obtain good life insurance rates. Getty Images Don’t overpay for life insurance. There are plenty of ways to cut costs and stay protected. After all, there are plenty of reasons to get life insurance, which acts as a financial safety net for people who depend […]
Why you shouldn’t wait to get pet insurance
Pet insurance can be valuable at various times of purchase. But there’s a substantial argument to act now. Getty Images Pet insurance is not often top of mind when Americans think of traditional insurance types. In fact, the benefits of having a pet insurance policy may not even be well known […]
Tennessee restaurant owner helps employees receive health insurance
KNOXVILLE, Tenn. (WATE) — Healthcare can be expensive, especially if you can’t get insurance through your job. A Knoxville restaurant took a particular step to help workers get the healthcare they need. Providing healthcare for employees in the service industry is almost unheard of but that’s exactly what the owner […]
Biden Administration Wants More Black People to Have Access to Health Insurance
Photo: Monkey Business Images (Shutterstock) The Root previously reported on the Open Enrollment period, the time from November 1 – December 15 when consumers who do not receive healthcare through their employer are eligible to sign up for a full year of coverage starting on January 1, 2023. But since […]
With 45% ownership, PSC Insurance Group Limited (ASX:PSI) insiders have a lot at stake
A look at the shareholders of PSC Insurance Group Limited (ASX:PSI) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 45% ownership. That is, the group stands to benefit the most if the stock rises (or […]
Australia blames Russians for health insurance data theft
CANBERRA, Australia — Moscow must he held to account for Russian cybercriminals accused of hacking Australia’s largest health insurer and dumping customers’ personal medical records on the dark web, Australian officials said Friday. Australian Federal Police took the unusual step of attributing blame for the unsolved cybercrime that resulted in […]
How to choose a travel insurance plan
There are many reasons to consider buying travel insurance, especially if you’re planning to travel abroad. Getty Images The last thing you want to worry about when planning a much-needed vacation is something going wrong. But the unfortunate reality is that things may not always go as planned. That’s why […]