Insurance Articles

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

Insurance coverage for infertility treatments in Washington, D.C. is on the horizon

Insurance coverage for infertility treatments in Washington, D.C. is set to become a reality. Individuals seeking in vitro fertilization (IVF) treatments in the District can now breathe a sigh of relief, as health insurance providers will soon be obligated to cover this often expensive medical procedure. The Expanding Access to Fertility Treatment Amendment Act was

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Federal Lawsuit Alleges FEMA’s Flood Insurance Program Threatens Protected Oregon Fish Species

A federal lawsuit filed on Thursday, led by four conservation groups, contends that the National Flood Insurance Program administered by the Federal Emergency Management Agency (FEMA) poses a significant threat to Oregon’s ecosystems and endangers the survival of 17 protected species. PORTLAND, Ore. (CN) — Conservation organizations initiated legal action against the federal government on

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Regulators are exerting pressure on Hawaiian Electric to address its liability insurance coverage

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

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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

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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

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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

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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

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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

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