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Physicians, Is Your Tail Covered? Why Must You Consider Tail Coverage When Switching Practices

March 16, 2023 Guest Author

medical malpractice what is tail coverage

Many new physicians may feel relieved when offered a contract that includes malpractice coverage by the hospital. However, unfortunately, things are not the same when switching to another practice opportunity after a few years! It is where tail malpractice coverage comes in. When switching your practice, it offers a backup plan in case any patient brings up a claim from your previous practice. Even if you still think you do not need one, here are some scenarios where you may be required to, or it will be a good idea…

Everything you Need to Know About Class Action Settlement

March 2, 2023 Guest Author

A class action settlement occurs when both teams in a class action lawsuit opt to quit litigating the allegations and, instead, solve the suit with a monetary benefit. Remember, a class action settlement is not an admission of guilt. In most instances, the organization facing the lawsuit prefers to settle it than go through an expensive trial. Specific organizations spend many years fighting cases, while others solve the issue immediately to prevent negative press. Below we discuss everything you need to know about class action settlement. Who is Eligible? The…

The Serious Illness Insurance Market Will Reportedly Hit $354 Billion By 2031!

February 17, 2023 Guest Author

On a global scale, the serious or critical insurance market is reported to remain on a rise! Advancements in science and medicine makes it easier than ever for consumers to consider the possibility of having to live with cancer, heart disease or kidney failure during their lifetimes. By understanding more about common diseases, it appears that consumers are also wanting more insurance coverage to adequately address potential future medical emergencies. Allied Market Research was able to release their 2021 findings that clearly stated that the serious illness insurance market generated…

State Farm issues tips for Teen Driver Awareness Month

January 30, 2023January 27, 2023 H. Cutner

Teen Driver Awareness Month - Teen in car with car keys

This January, the insurer is reminding parents that setting a good example can make a difference. State Farm is honoring January as Teen Driver Awareness Month by reminding parents that setting a good example can make a difference to their teen’s driving habits and yes, they will get through this. Parental driving habits are the top influence on the behaviors of new young drivers. Teen Driver Awareness Month data from the National Highway Traffic Safety Administration shows that the driving habits of a young driver’s parents are the top influence…

Does auto insurance cover damage caused by potholes?

January 24, 2023January 23, 2023 H. Cutner

Auto insurance - car driving toward potholes

This time of the year is notorious for wreaking havoc on pavement, which can be damaging to vehicles. The weather across many parts of the country has reached the point when potholes are becoming a growing problem, and auto insurance companies are preparing for claims from drivers with damaged vehicles. Potholes often happen when cracks in pavement fill with water, which then freezes and expands. According to a recent report from State Farm, the first months of every year are the time in which potholes become more prominent. The temperature…

Steps to follow if your house is flooded after a frozen pipe

January 5, 2023 Guest Author

frozen pipe home flood insurance and what to do

If just a frozen pipe has occurred. Be sure to switch off the main water valve and open any faucets connected to the freezing pipes. This will reduce pressure on the pipes and help prevent flooding if they burst. If the pipe is visible, use a hair dryer or space heater to safely thaw any ice blockages. Carefully inspect all exposed pipes for leaks – even with the water turned off, pressure can reveal a leak once it’s been thawed. It is recommended that you contact a professional plumber equipped…

How to Manage Your Finances More Effectively

December 30, 2022 Guest Author

As 2022 draws to a close and people look towards the new year, it can be time to think about what went well in the year and where there is room for improvement. Many people make new years resolutions in the coming weeks, and these can range from getting fitter and losing weight to giving up bad habits such as smoking or drinking to excess. As the new year approaches, many people will take a critical look at their finances. Over the last year, there has been a steady rise…