John Hancock long term care insurance is shutting down

The insurer recently announced its intentions to step out of that market and will cease selling next month. As of December 2016, John Hancock long term care insurance policies will no longer be sold by the insurer. This announcement arrived as the company announced that it would be exiting that coverage market. The insurance company is owned by one of the largest long term care policy providers in the United States. John Hancock long term care insurance is owned by Canadian firm Manulife Financial Corp. That company is among the…

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Insurance news made in case of shooting, faked death, and fraud

Insurance fraud

A Florida suspect of attempted murder who is now living in Canada has been declared legally dead. Alex Varga has found himself at the heart extremely curious insurance news headlines in a Florida case in which he was the suspect in a shooting, but where he fled the country until finally making his way to Canada, where he has discovered that his wife – still in Florida – had declared him dead in order to collect on his life policy. Varga will now likely never be tried for the shooting…

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