Maryland to let residents complete health insurance enrollment on tax forms

Health insurance enrollment - Income Tax - Filing Taxes

Governor Larry Hogan signed the first measure in the country to provide this opportunity. Maryland has become the first state in the country to make it possible for residents to complete a health insurance enrollment at the same time that they file their taxes. The governor signed the bill on Monday, making it possible for tax forms to double as insurance applications. The new bill lets residents use their tax forms for the opportunity to complete their health insurance enrollment as well. When Governor Hogan signed the bill, it made…

Read More

College Insurance Programs Protect Students & Families from the Risks of College Life

college insurance info

GradGuard™ search tool makes it easy for college parents to protect their students and investment from the risks of college life. Phoenix, Arizona, May 14, 2019 – Millions of high school graduates have selected the college or university where they are confident they will successfully complete their degree.  Unfortunately, only slightly more than half of students who start college will successfully complete their degree. As a result, college students and their families are smart to be ask some essential questions regarding their investment in higher education and take steps to…

Read More

Allstate made the most talkworthy insurance marketing campaign

Insurance marketing campaign - chalkboard - Services

The video game industry and the insurance industry portion of financial services marketed successfully. The most talkworthy insurance marketing campaign was created by Allstate, which beat out all other campaigns in the financial industry. At the same time, PlayStation accomplished the same thing within the video game industry. This, according to a recent analysis by Engagement Labs. These companies created the campaigns about which people were talking the most. The MIT Sloan Management Review published analytics demonstrating the way in which discussions with friends, family and coworkers are a driving…

Read More

Parents are looking to education insurance to protect school costs

Education Insurance - Women on Laptop

Many people are making sure their tuition money is safe by investing in policies to ensure coverage. Some parents who have realized the risk involved in the funds they spend on tuition are turning to education insurance to keep their investment safe. Should anything happen during a student’s college career, recovering education costs can be difficult. Colleges typically offer different forms of refund policies. That said, after four to six weeks into the semester have passed, the refund policies for most colleges will have expired. This means that it’s nearly…

Read More

Hurricane Preparedness Week encourages homeowners to check their insurance

Hurricane Preparedness Week - big waves from hurricane

The industry is reminding property owners to review their coverage and update if necessary. The insurance industry used this week, Hurricane Preparedness Week, to remind homeowners that storm season is on its way. This makes the week the perfect opportunity to go over insurance policies and make changes to prepare properties for what could potentially be an active year. The insurance industry has released lists of helpful instructions to keep customers properly covered. Hurricane Preparedness Week arrives just before the official season begins. That way, homeowners have time to look…

Read More

Mercury Insurance ordered to pay $27.5 million in fines

Mercury Insurance - Lawsuit - Gaval

A California appeals court has ruled in favor of reinstating the penalties against the insurer. In California, a state appeals court has reinstated a fine of $27.5 million in penalties against Mercury Insurance Co. The ruling from earlier this week was the outcome of a case accusing the insurer of charging illegal broker fees. The auto insurance company charged illegal broker fees in 180,000 transactions with its customers. The fees were charged to customers from 1999 through 2004. The fines against Mercury Insurance were originally imposed by the California Department…

Read More

Tesla insurance is “not an easy business”, warns Warren Buffett

Tesla insurance - Warren Buffet at 2015 SelectUSA Investment Summit

The Berkshire CEO has pointed to past failures of the industry to try to get into selling coverage. Warren Buffett, CEO of Berkshire Hathaway and investing guru to millions has knocked Elon Musk’s idea to launch Tesla insurance. Buffett is seen as an expert in the insurance industry as Berkshire Hathaway thrives within it. Musk recently announced that his electric vehicle company will launch its own Tesla insurance coverage, as reported by Live Insurance News at the end of April. This was, to a large extent, a response to what…

Read More