Insurance Articles

Governor Gavin Newsom recently issued an executive order with the goal of stabilizing California’s property and casualty (P&C) insurance market, which has been facing significant challenges. This order contains several industry-related provisions that have been long-awaited, though its success in achieving its objectives remains uncertain. The executive order comprises three primary components, all of which […]

(WTTV/WXIN) — The Federal Trade Commission (FTC) is issuing a cautionary alert regarding a fraudulent scheme perpetrated by counterfeit lawyers peddling fictitious life insurance policies. This scam not only preys upon the deceased but also specifically targets various minority communities. According to the FTC advisory, individuals within Latino, Korean, and Vietnamese communities have reported receiving

Homeowners insurance discounts can help you save money on your insurance premiums. The availability of these discounts can vary depending on the insurance company and your specific policy, but here are ten common homeowners insurance discounts you might be able to take advantage of: 1. Multi-Policy Discount: Also known as bundling, this discount is available

Experiencing a catastrophe can be overwhelming, but understanding how to navigate the insurance claims process can help you recover more smoothly. Here are steps to guide you through the process:    Before anything else, ensure the safety of yourself and your family. If necessary, seek medical attention and secure your property to prevent further damage.

Keeping your auto insurance in good standing is essential to ensure you have coverage in case of accidents or other unexpected events. Here are some steps to help you maintain your auto insurance: 1. Pay Your Premiums on Time:    – Pay your auto insurance premiums on time. Most insurers offer various payment options, including

To keep your homeowners insurance in force and ensure you have coverage when you need it, follow these important steps: 1. Pay Your Premiums on Time: – Make sure you pay your homeowners insurance premiums on time. Most insurers offer various payment options, including monthly, quarterly, or annually. Choose the payment frequency that works

A novel insurance plan is set to launch in Oklahoma, offering residents in Oklahoma, Cleveland, and Canadian counties a unique blend of traditional health coverage and direct primary care access. Taro Health, a New York-based health insurance company operating through Maine’s Affordable Care Act Marketplace, is expanding its services to Oklahoma in collaboration with over

In a groundbreaking move, California is set to become the first state in the United States to allow insurance companies to incorporate future climate change risks into their pricing models. This landmark decision by California’s insurance commissioner marks a significant step towards addressing the growing concern of climate change and its impact on the insurance

Insurers aiming to serve the needs of Gen Z consumers, who favor independence in their e-commerce transactions, may find it essential to offer additional resources and unbiased information. According to Jason Keck, the founder and CEO of Broker Buddha, Gen Z individuals typically do not engage with insurance brokers for needs like auto or rental

The executive order lays out a series of directives for Commissioner of Insurance Ricardo Lara: 1. To expand the range of coverage options available to consumers, with a particular focus on underserved areas, while ensuring the long-term availability of homeowners and commercial property insurance. 2. To enhance the efficiency and transparency of the rate approval