Long term care insurance is often misunderstood, leading to poor choices

Consumers make the right policy purchasing decisions when they understand the coverage. Misunderstandings regarding long term care insurance are widespread and growing and are currently causing consumers to make choices that aren’t in their best interest in terms of the financial protection needs of themselves and their families. The biggest mistake made is that people wait too long to purchase their coverage. The best time to look into purchasing long…
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Auto insurance research shows Volvo has made a significant difference to safety

Since 2000, the number of injuries have been cut in half. According to the Volvo automaker, it has good news for individuals looking for vehicles that will bring about cheaper auto insurance policies, as it says that one of its new cars has reduced the odds of being injured by 50 percent when compared to its vehicles from 2000. The Swedish car manufacturer says that it has used experience and…
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New Zealand homeowners insurance – massive change on the horizon

The repeated earthquakes and aftershocks are about to alter the face of this coverage. Homeowners insurance owners and shoppers are being cautioned that it may not be long before this type of policy no longer covers the full cost of a rebuilt house, should disaster strike. Fixed cover policies may be the direction in which the industry is shifting in the near future. The homeowners insurance industry has been leaning…
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Health insurance exchange in Hawaii receives millions in federal money

The Hawaii Health Connector has received the grant from the Department of Health and Human Services. The Hawaii Health Connector, which is the name of that state’s health insurance exchange, has just received a grant of $61.8 million from the Department of Health and Human Services, in order to create, develop, and implement that marketplace. Hawaii was the first among all fifty states to announce that it would be creating…
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Insurance news from TD Bank shows that USI will acquire U.S. subsidiary

The brokerage and financial service firm has announced some of the details of the agreement. The latest insurance news from the financial service and brokerage firm, USI Insurance Services, from Briarcliff Manor, New York, is that it has entered into an agreement with TD Bank, N.A., in order to purchase the latter’s wholly owned TD Insurance Inc. U.S. subsidiary. As of yet, the deal’s specific terms have yet to be…
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