Insurance Exodus: 2 More Companies to Exit California’s Homeowners Insurance Market

Logan B.
California Homeowners Insurance - Company Exits

Growing Trend Withdraw from California’s Market In a significant development within the insurance industry, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co. have both declared their intentions to exit the homeowners and personal umbrella insurance markets in California. This decision places these companies alongside an expanding list of insurers that are choosing to either withdraw or scale back their operations in the state. Policyholders Affected: Tokio Marine’s Departure Impacts Thousands in California According to recent filings with the California Department of Insurance, both entities—subsidiaries of the Japan-based Tokio…

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The season is here to ensure you have the right RV insurance coverage

H. Cutner
RV insurance - RV on road

Whether you have a travel trailer or motorhome, being properly covered is key Many recreational vehicle owners are getting revved up for some time on the road this summer, and as a part of this effort, it is important to make sure that RV insurance is a step that isn’t skipped. It’s not just a matter of having any coverage at all Whether you have a motorhome, trailer, camper, or have another name for your recreational vehicle, coverage is extremely important to ensuring that you are financially protected if it…

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Health insurance scam victims get almost $100 million in FTC refunds

Nordstrom
Health insurance scam - Warning

Consumers previously charged for sham medical plans will receive refunds. The Federal Trade Commission has announced that consumers that were charged for Benefytt Technologies-marketed scam health insurance plans will receive a refund as part of a total $100 million. This is the outcome of an FTC complain from August 2022 Benefytt and its third-party partners allegedly ran a number of deceptive websites aimed at consumers who were shopping for comprehensive health insurance plans that were Affordable Care Act qualified.  Agents were allegedly selling the Benefytt plans even though they were…

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Long Distance Moving Hacks to Simplify Your Move

Ryan Cox
Long Distance Moving - Hacks

It can be overwhelming to move across town, much less to another state or across the country. If you have a move in the near future, take a deep breath and consider the following long-distance moving hacks and tips to make life easier. Create a Moving Checklist To avoid much of the stress of moving, start the process with a moving checklist. Keep it in a binder where everyone in the household can access it. This checklist should include each of the steps, beginning with hiring the moving company and…

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Virginia Senator Kaine seeks Affordable Care Act health insurance changes

Logan B.
Health insurance - ACA Virginia Flag

Along with Senator Baldwin, changes to the ACA Essential Health Benefits are sought Senator Tim Kaine (D-VA) and Senator Tammy Baldwin (D-WI) are seeking to update the Essential Health Benefits in Affordable Care Act health insurance plans. The current ACA plans are required to cover 10 categories Among the categories Affordable Care Act health insurance plans must cover are mental health services and prescription drugs. According to Virginia Health Catalyst CEO Sarah Bedard Holland, failure to act will only allow the current medical debt crisis to worsen. “Four in 10…

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