Could home DNA tests bring bad insurance news?

angelina jolie insurance news

Following the preventative surgeries undergone by Angelina Jolie, many are considering an examination of their genetics. Recently, Angelina Jolie made a public announcement of having made another decision to undergo surgery in order to protect herself against a high risk of certain cancers, following DNA tests that revealed her possibilities of the disease, but while many feel that this could be a good idea for them, as well, it may also bring unexpected insurance news. Home DNA testing is suddenly increasing in popularity following the announcements made by the celebrity.…

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Homeowners insurance in Connecticut may be banned from dog discrimination

Dog liability homeowners insurance

A lawmaker is seeking to make it illegal for insurers to inquire about the breed of a policyholder’s dog. A Connecticut lawmaker is now moving forward in an effort to ban homeowners insurance companies from being able to ask about or discriminate against the breed of a policyholder’s dog, when they are issuing coverage within that state. Republican Rep. Brenda Kupchick is trying to make it easier for certain dog owners to obtain coverage. Kupchick, of Fairfiel, Connecticut, has stated that her constituents have found it challenging to the point…

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Felony insurance fraud charges laid against former MLB’s Ted Lilly

Ted Lilly insurance fraud

The former Major League Baseball pitcher is now facing three counts of the charge in the state of California. In California, Ted Lilly, the former Major League Baseball pitcher is now facing felony charges with three counts of insurance fraud against him for the filings that he allegedly made following an accident. Recent reports have stated that Lilly has entered a not guilty plea against the charges against him. The insurance fraud charges against Ted Lilly came from a claim that he filed after having been involved in an accident…

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New Jersey Turnpike scam makes insurance news when adjuster sentenced

fraud liability insurance news industry

The scandal was worth an estimated $900,000 and the man from Little Falls will go to prison for almost 3 years. An adjuster from Little Falls is making insurance news after having been sentenced to almost three years in jail for having schemed with a New Jersey Turnpike manager to trick insurers and the authority out of an estimated total of approximately $900,000. Back in September, Roberto Napolitano gave a guilty plea for a charge of fraud, and he has now been sentenced. The adjuster in this insurance news case,…

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US House votes to extend terrorism insurance law

terrorism insurance law

Insurers may benefit from extension of terrorism insurance initiative The U.S. House of Representatives has voted to extend the Terrorism Risk Insurance Act by another six years. The law went into effect in 2002 and has established a federal backstop that provides financial assistance for insurers offering coverage against acts of terrorism. The law has played a major role in ensuring that various industrial and commercial projects have the coverage they need to take form. Over the past year, the law has been the subject of legislative debate, with some…

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