Transgender health insurance policies often exclude some therapies and operations

Transgender health insurance - hand with transgender flag

The plans in one fifth of US states exclude coverage for many types of gender procedures. Transgender health insurance coverage is proving to be a difficult road for many Americans who need gender affirming/confirming surgeries. The challenge is that many insurers and politicians view these procedures and therapies as cosmetic. That opinion is in contrast with major medical organizations which refer to gender affirming surgeries as medically necessary. As a result, transgender health insurance often fails to cover procedures and therapies for this purpose. Among the common treatments for gender…

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Policyholders will pay 77 percent more in flood insurance rates, says study

Flood insurance rates - money in water

On the whole, the cost of coverage will rise sharply, but homeowners in poorer neighborhoods will pay less. A new QuoteWizard study showed that changes to US flood insurance rates will be rising by an average of about 77 percent across all policyholders. That said, homeowners living in less affluent neighborhoods will see a reduction in the amount they pay for their coverage. The study was conducted by the Lending Tree financial services provider’s QuoteWizard unit. To complete this study, the unit reviewed the price changes for the approximately 5…

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Free Auto Insurance Quotes at a Glance

Free Auto Insurance Quotes at a Glance

The easiest and quickest way to get free auto insurance quotes is via the Internet. If you are looking for some free auto insurance quotes then, instead of searching for the best rates by contacting various companies, you can save a lot of time and money by getting these quotes directly from a website that specializes in finding the best deals on the market. This applies to  home insurance quotes, coverage for business insurance, health insurance, life insurance, motorcycle insurance, homeowners insurance, and renters insurance.  You can get your The…

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Insurance coverage increasingly scarce and costly for fossil fuel companies

Insurance Coverage - Oil sands

Oil sands and coal companies are facing rising challenges getting affordable coverage worldwide. Insurance coverage is critical for any large business to operate, but firms centered around oil sands and coal are finding it increasingly challenging to get the policies they require, particularly at an affordable price. A growing number of insurers have stopped underwriting companies in high-polluting fossil fuels. As a result, insurance coverage is harder to find for companies producing, transporting or storing certain fossil fuels that are among the highest greenhouse gas emitters, such as those involved…

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Farmers to begin use of its insurance robot named Spot

Insurance robot - Spot Launch - Boston Dynamics Official YouTube

The insurer will use the technology to enhance its catastrophe claims and property inspections. Farmers insurance recently announced its plans to launch a digitally controlled mobile insurance robot for assistance in completing in-field catastrophe claims as well as with non-catastrophe property inspections. The technology, called Spot, is meant to help improve both safety and efficiency. The insurer plans to use the insurance robot for improving the safety of non-catastrophe property inspections and in-field catastrophe claims, as well as to make those processes more efficient. This step also makes Farmers one…

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What Does Landlord Insurance Include?

What Does Landlord Insurance Include?

A landlord shield or insurance is designed to cover unique risks associated with renting your property for a long period. It includes things like property damage, liability cost, along with the loss of rental income, for landlords renting out their property. Whether you are renting out a vocational home or an investment property, in the form of landlord insurance holds extreme importance. It is essential to protect your property against the financial risks associated with the renters living there. Landlord shield policies generally cover the dwellings or structures of your…

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Mercury General Corporation names Victor Joseph Executive Vice President and COO

Mercury General Corporation - Job Promotion

The company has called this a positive step forward “for a strong and vibrant future”. Mercury General Corporation (NYSE stock symbol MCY) recently announced that it has named Victor Joseph as its Executive Vice President and Chief Operating Officer (EVP & COO). The position was newly created, and Joseph will become the first to hold the title. Joseph will take this new position at Mercury General Corporation as of the start of next year. He was chosen to start with this newly created title on January 1, 2022, as an…

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