How to Avoid Financial Ruin in the Future Businesses need several different types of insurance to protect them from financial ruin. It is important to protect your business with different types of insurance that will keep you and your business protected in several key ways. Importance of Property Insurance Property insurance will protect your building and the supplies within it if there is a robbery or fire. Furthermore, this insurance also will help if your store has been vandalized or if there is smoke damage to the property or items…
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Federal government takes over health insurance program in California
California health insurance program now under federal control California’s high-risk health insurance program is set to be taken over by the federal government in the coming weeks. The state’s Pre-Existing Condition Insurance Plan was established to ensure that state residents with serious and chronic medical issues were able to find the health insurance coverage they needed. The program itself has been somewhat successful in this endeavor as it provides coverage for some 17,000 Californians. There had been concerns, however, that the program would not be able to last for the…
Read MoreHomeowners insurance claims from West should be sent to FEMA if unresolved
Officials are urging residents to send their claim paperwork to the organization for assistance. Officials from the Federal Emergency Management Agency (FEMA) have made an announcement to the residents of West who were affected by the blast and who have unresolved or declined auto, business, or homeowners insurance claims. FEMA is seeking the settlement or denial letters for its Disaster Recovery Center to send federal aid. They are asking business, auto, and homeowners insurance policyholders to send this documentation sooner, rather than later, so that the federal aid claims can…
Read MoreCrop insurance subsidy could come to an end for tobacco farmers
Growers of these plants in Kentucky are strongly opposed to this new proposal to end their programs. An amendment to the 2013 Farm Bill was proposed, this week, by Senator Dianne Feinstein (D-California) and Senator John McCain (R-Arizona), which would eliminate eight of the USDA tobacco crop insurance programs. This has caused concern to the Council for Burley Tobacco, which has asked farmers to contact their Senators. The council notified tobacco farmers of the changes that have been proposed for the crop insurance program and have requested that they contact…
Read MoreNevada moves to raise awareness concerning health insurance
Health insurance awareness becoming a top priority for states The Affordable Care Act has effectively changed the health care landscape of the U.S. The changes that the law has introduced have been met with controversy and harsh criticisms since the law’s passage in 2010, but the Affordable Care Act has yet to be rebuked in any significant fashion. Per the law, states have been working to build health insurance exchanges that will provide consumers with more options when it comes to the coverage they need. While some states have opted…
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