Auto insurance rates in Detroit are “completely immoral”, says Mayor

Julie Campbell
detroit auto insurance

There are a range of different factors that have been causing the cost of coverage to skyrocket in the city. Due to the exceptionally affordable rent in Detroit, people in the Millennial generation are flocking to the city in droves, but auto insurance in the region is the most expensive in the country and there is virtually no option for public transportation. This is a problem that Mayor Mike Duggan has taken on, but that is leading him from one frustration to the next. As a part of the effort…

Read More

Health insurance premiums are a main issue for consumers

H. Cutner
cash money subsidy health insurance deductibles

A recent study has shown that Americans pay most attention to price when they shop for plans. Americans have made bargain shopping into an art form, and this habit has crossed over into the effort to purchase health insurance, as the cost of premiums are among the top factors that consumers consider when they buy, according to a new survey. Two thirds of consumers who switched plans on the insurance exchange said price was the deciding factor. Over half of all consumers who shopped around on the exchanges but didn’t…

Read More

Bernard College reports major increases in the cost of its health insurance plan

Marc
health insurance for student

School has seen significant increases in the annual costs of its health insurance plan for students New York’s Bernard College has seen the annual cost of its health insurance plan for students skyrocket over the past few years. Students typically use the school’s Aetna Student Plan to receive the coverage that they need, which helps them cover the cost of medical care and medication. Fewer students are beginning to use the plan due to its high cost. During the school’s most recent semester, enrollment in the Aetna Student Plan dropped…

Read More

Pope’s visit to Philadelphia made insurance news with special event coverage

Julie Campbell
Pope Francis insurance news

The two day visit from the pontiff over the weekend led to a strategic effort to ensure full coverage. This weekend, Pope Francis visited Philadelphia, ending the six day visit to the United States, and among the headlines that this made, it also worked its way into the insurance news spotlight. The reason is that there were special event policies that were required in order to cover the apostolic journey. In Philadelphia, this insurance news involved a special event policy through multiple insurers, led by W.R. Berkley Corp. and OneBeacon…

Read More

New information discovered about fire insurance denials in Indian Hill

G. Turner
widlfire homeowners fire Insurance

Details have now been released about the blaze in Ohio that destroyed a $4 million home. In 2014, a massive fire ripped through a multi-million dollar home in Indian Hill, Ohio, but despite the fact that it was covered by fire insurance, the insurer denied the owner’s claim and refused to pay for the damages. New details with regards to that case have now emerged to shine some light on the situation. The homeowners, Jeffrey and Maria Decker, filed a $60 million lawsuit against the fire insurance company, last January.…

Read More