Long term care insurance rate reform takes a top spot for NAIC

long term care insurance rates - costs

State insurance commissioners across the country are taking on the rapidly growing pricing problem. State insurance commissioners throughout the U.S. have taken on the growing issue of long term care insurance rate growth. The industry has seen skyrocketing prices as a result of a slew of challenges in this area of coverage. The problems in the LTC insurance industry have been growing over several decades. Long term care insurance rate reform has been necessary for a long time. Over the last decades, insurance companies have been finding that their models…

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Bill Cosby defamation lawsuit settled by insurance company, actor livid

Bill Cosby defamation lawsuit - Bill Cosby

The suit was settled on Friday in a federal court without the actor’s knowledge, allege lawyers. A Bill Cosby defamation lawsuit filed by seven women against the actor was settled in federal court on Friday. According to the actor’s lawyers, this case was settled without Cosby’s knowledge. The lawyers accused A.I.G. of having resolved the case on the entertainer’s behalf without his knowing of the decisions made. The settlement was made on Friday in U.S. District Court in Massachusetts by the women’s attorney. The court documents for the Bill Cosby…

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Insurance groups offer Texas storm preparedness tips for homeowners

Texas storm preparedness - storm destruction - homes

As the spring storm season gets fired up, insurers are hoping home insurance customers are ready. Texas storm preparedness can help to make a big difference in the risk of damage throughout the spring season. This year, insurance groups are offering policyholders added advice to help protect themselves against rains, winds and other severe weather risks. These helpful recommendations will reduce the risk of damage and make the claims process easier. The right Texas storm preparedness can make it possible for homeowners and vehicle owners to keep their property safe.…

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National Puppy Day reminds dog owners of the importance of pet insurance

National Puppy Day - Cute Puppy

Saturday was an ultra-cute opportunity to look at the difference these animals make in our lives. Saturday was National Puppy Day and across the country, dog owners and dog lovers took the opportunity to appreciate how important these animals are to us and the difference we can make to them, too. Increasingly dogs are seen as furry family members as opposed to being animal possessions. The last couple of decades have marked a strong difference in the way we think of our pets. They are beloved companions, but what they…

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Aging immigrants with health insurance are at a lower cardiovascular disease risk

Cardiovascular disease risk - Heart - Health - Pulse

Even with the powerful benefits coverage has to offer, immigrants are typically underinsured. Aging immigrants have a far lower cardiovascular disease risk when they have a health plan to cover their medical needs. This is particularly true among individuals who have only recently arrived in the United States. This was the conclusion of a recent study conducted by NYU Rory Meyers College of Nursing researchers. The study was published in the Journal of Nursing Scholarship. Simply having health insurance coverage plays an integral role in the risk associated with heart…

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California wine country flooding leaves thousands of homes and businesses damaged

California wine country flooding - Vineyard at Sunset

The floodwaters have turned two communities in Northern California into temporary islands. California wine country flooding is the worst the region has seen since 1995 when the Napa river reached record peak levels. The rain in Northern California has turned two wine country communities into temporary islands. At the moment, they can be reached only by boat. Thousands of homes and businesses are flooded as rivers across the region crest their banks. The Russian River crested at over 46 feet last week and the water did not recede until later…

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European insurance watchdog seeks to protect policyholders from no-deal Brexit

No-deal Brexit - UK and EU puzzle pieces

E.U. policyholders wonder if their protection will continue when they’re covered by a U.K. insurer. Policyholders in the European Union feel uncertain as to whether their coverage through British insurance companies will continue uninterrupted in the case of a no-deal Brexit. The E.I.O.P.A. assures E.U. consumers that their policies will remain valid even with a hard Brexit. With only just over a month before the United Kingdom leaves the European Union, consumers are taking a closer look at what a no-deal Brexit will mean to them. As a result, some…

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