Insurance Articles

Articles on everything you would like to know about everything insurance related.

Mercury Insurance

Comparing Mercury Insurance to Homeowners Insurance Companies

Mercury Insurance operates in just 11 states but offers unique policy add-ons that set it apart from other insurers. When it comes to homeowners insurance, preparedness is crucial because disasters can strike unexpectedly. It’s essential to select a policy tailored to your needs and opt for the right add-ons for peace of mind. Mercury Insurance […]

Comparing Mercury Insurance to Homeowners Insurance Companies Read More »

long term care insurance

Get ready to brace yourself for the resurgence of federal long-term care insurance options.

Federal employees have been unable to secure long-term care insurance for the past few months. This hiatus was due to the Office of Personnel Management suspending the program while awaiting new plans and price structures from the carrier. It is anticipated that these options will come with a hefty price tag. To shed light on

Get ready to brace yourself for the resurgence of federal long-term care insurance options. Read More »

CNA Insurance excludes NFTs from coverage of $20M trust policy

CNA Insurance has decided to exclude coverage for nonfungible tokens (NFTs) from the $20 million trust policy held by Schwab Strategic Trust. In a filing submitted to the U.S. Securities and Exchange Commission, the insurer introduced an exclusion clause stating that the policy would not cover any losses, damages, claims, occurrences, or lawsuits related to

CNA Insurance excludes NFTs from coverage of $20M trust policy Read More »

Is Long-Term Care Insurance Suitable for Seniors?

It’s always wise to be financially savvy, especially when economic uncertainties, inflation, and higher interest rates impact consumers. For seniors, who often rely on retirement savings and Social Security, every financial decision carries added significance. They want to avoid unnecessary expenses while safeguarding their financial well-being for the future. Fortunately, long-term care insurance can play

Is Long-Term Care Insurance Suitable for Seniors? Read More »

insurance

Insurance Department Reduces Rate Hikes, but Criticism and Calls for Reform Persist

Following numerous hearings and complaints, the Insurance Department has successfully lowered the average rate increases for individual insurance plans sold within the state. Initially proposed at a 12.4% increase, these rates have now been reduced to a 9.4% increase. Furthermore, the department has halved the requested average rate increase for small group plans, lowering it

Insurance Department Reduces Rate Hikes, but Criticism and Calls for Reform Persist Read More »

The labor strikes in Hollywood are putting the coveted health insurance of A-list celebrities at risk.

While the primary concerns of these strikes revolve around topics like artificial intelligence, residual payments, and job protections, health insurance, a contentious issue in labor negotiations, has quietly taken center stage. While the A-list stars make headlines by participating in picket lines under the California sun, it’s the individuals who have not basked in the

The labor strikes in Hollywood are putting the coveted health insurance of A-list celebrities at risk. Read More »

The Transforming Landscape of Women in the Insurance Industry

The insurance industry, once predominantly male-dominated, is undergoing a rapid transformation. Women are now assuming increasingly influential roles across various sectors, ranging from leadership positions to specialized functions. Vinita Jajware-Beatty, the President of the Toronto Insurance Women’s Association, recently discussed this evolution during an interview with IBTV. Jajware-Beatty highlighted statistics from five years ago that

The Transforming Landscape of Women in the Insurance Industry Read More »