Friday, 28 February 2014

13 Times When Life Insurance May Cost More

Move up Move down Better Coordinating Long-Term Care and Medical Treatment Howard Gleckman Contributor Financial Goals: How To Tell If Yours Are Truly Realistic LearnVest Contributor by Kate Ashford You probably need life insurance. Lots of people do. If you have small children, a mortgage, a spouse who's dependent on your income—or any person who would be inconvenienced financially if you were hit by a bus tomorrow, you probably should...

Wednesday, 26 February 2014

FEATURE-No insurance, no ridesharing, cities tell UberX, Lyft and others

Feb 26 (Reuters) - Using mobile apps to connect passengers with drivers, ridesharing services like UberX and Lyft say they are bringing new zip to transportation. But a number of cities say they don't want to share the road until they get something utilitarian: better insurance. If the cities insist, they could slow or halt the services' expansion. The conflict poses the latest challenge to the nascent "sharing economy," which allows people to rent out personal property and services, often on an ad hoc basis.On one side stand the...

Tuesday, 25 February 2014

Durbin’s claim that 10 million now have health insurance because of Obamacare

(Brian Jackson/Chicago Sun-Times via AP) "Bob, let's look at the bottom line. The bottom line is this: 10 million Americans have health insurance today who would not have had it without the Affordable Care Act. Ten million." – Sen. Richard J. Durbin (D-Ill.), interview on CBS's "Face the Nation," Feb. 9, 2014 Sometimes, talking points persist even in the face of new evidence negating the previous claims. The Fact Checker has written often...

New ACA Insurance Causes Headaches In Some Doctors’ Offices

Sheila Lawless is the office manager at a small rheumatology practice in Wichita Falls, Texas, about two hours outside of Dallas. She makes sure everything in the office runs smoothly – scheduling patients, collecting payments, keeping the lights on. Recently she added another duty--incorporating the trickle of patients with insurance plans purchased on the new Affordable Care Act exchanges.  Open enrollment doesn't end until March 31, but people who have already bought Obamacare plans are beginning to use them. "We had a spattering...

Monday, 24 February 2014

Pedestrian Accident Attorney, Farhad Hamdam, is Offering Free Consultations for Victims of Pedestrian Accidents

Los Angeles, CA, Feb. 24, 2014 (GLOBE NEWSWIRE) -- Traffic laws are often complex and involve motorized and non-motorized vehicles as well as pedestrians. These laws are in place for the safety of everyone who shares the road and areas where both vehicles and pedestrians may be present. Even with extensive laws, accidents do occur, often with devastating results. Accident attorney in Los Angeles, Farhad Hamdam, is now...

Most Expensive Cities for Car Insurance

Drivers in some U.S. cities will face higher car insurance premiums in 2014. Car insurance rates vary significantly across the country, and some citizens will pay significantly more depending on where they live. NerdWallet found the most expensive car insurance premiums in the country, because high car insurance premiums can have a large financial and political impact on people's lives. Drivers, for the most part, cannot control the major factors causing high car insurance premiums. Bad weather, traffic conditions, high crime rates, local laws,...

Sunday, 23 February 2014

U.S. Examines Swiss Insurance Products In Tax Crackdown

Feb. 23, 2014 2:48 p.m. ETZURICH—U.S. authorities are scrutinizing Americans' use of Swiss insurance products to determine if they have been used to hide assets, signaling a potential new direction in the U.S. legal crackdown on tax evasion in the Alpine country, according to people with knowledge of the matter. The U.S. Justice Department and the Internal Revenue Service are looking at the use of private placement life insurance, or PPLI, a product that meshes banking and insurance by linking the value of a client's policy to assets held in a...

Rape insurance bill aggressively pushed through by nearly all male senate

Today I received a notice about a petition regarding a bill that becomes law in Michigan on March 13, 2014 that many consider a direct attack on women's rights. As another opportunity to control women, law makers have pushed through a bill without putting it to a state-wide vote. This bill is commonly known as the "rape insurance" bill because it removes the option of abortion even in instances of incest or rape. Several insurance companies cover abortion as part of their health coverage. This bill requires that private insurance companies no...

Saturday, 22 February 2014

Help for some - but not all - stymied insurance shoppers

Insurers, brokers and state officials say some problems solved, while others remain. Navigator Eugene Keahey assists Brenda Carter during the 32nd annual Martin Luther King Jr. Birthday Celebration's Affordable Care Act Enrollment at the Martin Luther King Jr. Community Center on Jan. 18, 2014, in Dallas.(Photo: Sarah Hoffman, The Dallas Morning News via AP) Story Highlights Life changes, wrong Medicaid qualifications can be easily fixed...

Meadowbrook Insurance Group, Inc. Comments On A.M. Best Rating Announcement Affirming Its B++ (Good) Rating

SOUTHFIELD, Mich., Feb. 21, 2014 /PRNewswire/ -- Meadowbrook Insurance Group, Inc. (MIG) ("Meadowbrook" or the "Company") today commented on A.M. Best's affirmation of its B++ (good) rating.Robert S. Cubbin, Meadowbrook President and Chief Executive Officer, commented: "We are pleased with A.M. Best's affirmation of our B++ financial strength rating.  As we noted in our earnings call this week, we have made cons iderable progress toward improving our core underwriting profitability, increasing our statutory...

Friday, 21 February 2014

Moving insurance: Coverage from here to there

America always has been a nation of movers. From the Pilgrims who sailed across the ocean to the pioneers who settled the West, we rarely have been content to stay in one place.We also love our "stuff," and take it wherever we go. But how do you keep your things -- particularly valuables -- protected when making a big move? Do you need to get some kind of moving insurance?Home insurance or renters insurance should offer at least some peace of mind. Many insurance companies provide coverage for damage caused during...

Public Sector Cuts Part-Time Shifts to Bypass Insurance Law

Kyle Balch, left, and Dakota Rader are part-time sanitation employees in Medina, Ohio. Mr. Balch said he was not concerned with being limited to working 29 hours, but Mr. Rader called it a hit to his wallet. Michael F. McElroy for The New York Times WASHINGTON — Cities, counties, public schools and community colleges around the country have limited or reduced the work hours of...