Insurance Articles

Regulators are applying pressure to Hawaiian Electric regarding its liability insurance coverage in the wake of multiple lawsuits related to the Maui fires. These lawsuits have raised concerns about the company’s financial capability to satisfy successful claims. The Hawaii Public Utilities Commission has initiated a comprehensive inquiry into Hawaiian Electric Co., with a particular focus […]

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

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

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

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

Saving money on homeowners insurance can help reduce your overall housing costs. Here are five ways to save money on homeowners insurance: 1.   Shop Around and Compare Quotes:      – Just like with auto insurance, it’s essential to shop around and get quotes from multiple insurance providers. Prices for homeowners insurance can vary

Saving money on auto insurance is a smart financial move. Here are 10 ways to help you reduce your auto insurance premiums: 1.   Shop Around:   Get quotes from multiple insurance providers. Prices can vary significantly between companies, so comparing rates is crucial. 2.   Bundle Policies:   Many insurers offer discounts if you

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

Life insurance is a financial product designed to provide financial protection and support to your loved ones in the event of your death. Beneficiaries are the individuals or entities designated to receive the proceeds from a life insurance policy upon the policyholder’s death. Here are some basics about life insurance and what beneficiaries need to

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