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Showing posts from December, 2019

Why Christmas gifts may not be covered on your home insurance

Christmas is the time of giving and sharing, but homeowners should be wary of whether their brand new gifts are even covered on their home insurance.Brits are expected to spend £26.9billion on festive presents this year, according to finder.com. uSwitch is urging people to check with their insurers (Image: Dave Thompson/PA Wire)Read MoreRelated ArticlesRead MoreRelated ArticlesSo it’s reassuring to know whether expensive presents will be covered in the case of a burglary or fire.Christmas is a busy time for thieves, with criminals taking advantage of high-value items and burglary claims rising in the week surrounding Christmas, as reported by Direct Line.According to Aviva, fire claims also soar by 120% more on Christmas Day alone. Some insurers will increase cover for December onlyBut comparison site uSwitch has warned that gifts may not be covered on existing policies.uSwitch advises that some insurers will automatically increase the cover level during December to protect these extra …

Irdai slaps Rs 2.18 cr fine on Hero Insurance Broking for violating norms

Insurance regulator Irdai has slapped a fine of Rs 2.18 crore on Hero Insurance Broking India for violating norms on motor insurance service providers, forcing customers to buy policies from their panel and discriminating policyholders, among others. Irdai said it received complaints from policyholders that some of the motor insurance service providers (MISPs) sponsored by insurers, and insurance intermediaries were forcing customers to buy motor insurance policies of the insurers who are on their panel. In its order against Hero Insurance Broking India Ltd (HIBIL), Irdai said it received complaints from some general insurance agents association of the apparent conflict of interest in the role of MISPs in selling insurance policies and servicing and repairing motor vehicles under the insurance policies sold by it, high claims ratio under the MISP channel, extra payments made to MISP by insurers, and disparity of treatment to agents, among others. "The Authority als…

Canadians with health issues face difficulty finding affordable life insurance

Tim Potter poses for a portrait at the Eastern Passage in Halifax on Thursday, Dec. 26, 2019. Like millions of Canadians, Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance.The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes.THE CANADIAN PRESS/Ted PritchardTORONTO - Like millions of Canadians, Tim Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance. The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes. While his wife quickly obtained insurance coverage a decade ago, the stay-at-home dad was denied coverage. It has left him worried about his wife and young family's welfare when he's no longer around. "I feel like I would be leaving her and the kids quite empty-handed if anything were to happen to me," he said. Potter feels stressed because all he's b…

The Scoop: November 13, 2019 Edition

In this edition Welcome to this week’s round-up of state-level health reform news, including:
Some plaintiff states eye consumer protection measures in case their legal challenge the ACA succeedsAfter the Affordable Care Act’s individual mandate tax was reset to $0, a group of 20 GOP-led states filed a lawsuit seeking to overturn the entire ACA on the premise that the individual mandate is no longer constitutional without a tax to enforce it, and that the rest of the Affordable Care Act cannot stand without the individual mandate (there are currently 18 plaintiff states; Maine and Wisconsin withdrew from the lawsuit after Democratic governors took office earlier this year).Last December, a federal judge agreed that the ACA should be overturned. The case was appealed, and a decision from the 5th Circuit Court of Appeals is expected soon. The U.S. Department of Justice has declined to defend the ACA, and agreed with the lower court’s opinion that the ACA should be overturned. But the DOJ …

Why Christmas gifts may not be covered on your home insurance

Christmas is the time of giving and sharing, but homeowners should be wary of whether their brand new gifts are even covered on their home insurance.Brits are expected to spend £26.9billion on festive presents this year, according to finder.com. uSwitch is urging people to check with their insurers (Image: Dave Thompson/PA Wire)Read MoreRelated ArticlesRead MoreRelated ArticlesSo it’s reassuring to know whether expensive presents will be covered in the case of a burglary or fire.Christmas is a busy time for thieves, with criminals taking advantage of high-value items and burglary claims rising in the week surrounding Christmas, as reported by Direct Line.According to Aviva, fire claims also soar by 120% more on Christmas Day alone. Some insurers will increase cover for December onlyBut comparison site uSwitch has warned that gifts may not be covered on existing policies.uSwitch advises that some insurers will automatically increase the cover level during December to protect these extra …

Canadians with health issues face difficulty finding affordable life insurance

Tim Potter poses for a portrait at the Eastern Passage in Halifax on Thursday, Dec. 26, 2019. Like millions of Canadians, Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance.The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes.THE CANADIAN PRESS/Ted PritchardTORONTO - Like millions of Canadians, Tim Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance. The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes. While his wife quickly obtained insurance coverage a decade ago, the stay-at-home dad was denied coverage. It has left him worried about his wife and young family's welfare when he's no longer around. "I feel like I would be leaving her and the kids quite empty-handed if anything were to happen to me," he said. Potter feels stressed because all he's b…

Busy night for Fen Cops who seize uninsured cars and arrest unlicensed drivers

PUBLISHED: 11:05 30 December 2019 | UPDATED: 11:05 30 December 2019 Busy night for Fen Cops in Wisbech as arrests are made and cars are seized. Picture: Supplied/@FenCopsSupplied/@FenCops It was a busy night for police in Fenland after seizing cars and making arrests in Wisbech. Busy night for Fen Cops in Wisbech as arrests are made and cars are seized. Picture: Supplied/@FenCops The first incident of the night walked right into officers when an Audi driver decided to start speeding with a marked police car behind them. Officers caught up with the driver along Weasenam Lane in Wisbech and it was discovered they had no valid insurance. The black Audi saloon was loaded onto a recovery lorry outside the Del Monte Quality factory. Busy night for Fen Cops in Wisbech as arrests are made and cars are seized. Picture: Supplied/@FenCops A spokesman for Cambridgeshire Police said: "Busy night again for seizing cars in Wisbech."Today's tip; don't speed with a marked police car beh…

The Scoop: November 6, 2019 Edition

In this edition Welcome to this week’s round-up of state-level health reform news, including:
2020 open enrollment is underway nationwideOpen enrollment for 2020 individual-market health insurance plans is underway nationwide. It will end in most states on December 15, although some states have extended their enrollment deadlines. Here’s an at-a-glance summary of important things to keep in mind during open enrollment; you can also read our more in-depth guide to open enrollment.
Nearly 35,000 Idahoans have already enrolled in expanded MedicaidEnrollment in Idaho’s expanded Medicaid began on November 1, and the Idaho Department of Health and Welfare reports that nearly 35,000 people have already enrolled.Restraining order blocks Trump’s health insurance requirements for immigrantsOn November 2, a federal judge in Oregon issued a temporary restraining order to block implementation of President Trump’s proclamation regarding health insurance coverage for new immigrants. The rules had been …

Why Christmas gifts may not be covered on your home insurance

Christmas is the time of giving and sharing, but homeowners should be wary of whether their brand new gifts are even covered on their home insurance.Brits are expected to spend £26.9billion on festive presents this year, according to finder.com. uSwitch is urging people to check with their insurers (Image: Dave Thompson/PA Wire)Read MoreRelated ArticlesRead MoreRelated ArticlesSo it’s reassuring to know whether expensive presents will be covered in the case of a burglary or fire.Christmas is a busy time for thieves, with criminals taking advantage of high-value items and burglary claims rising in the week surrounding Christmas, as reported by Direct Line.According to Aviva, fire claims also soar by 120% more on Christmas Day alone. Some insurers will increase cover for December onlyBut comparison site uSwitch has warned that gifts may not be covered on existing policies.uSwitch advises that some insurers will automatically increase the cover level during December to protect these extra …

Growing Demand for Automating Repetitive Task of Marketing Processes are Expected to Drive the Growth of the Marketing Automation Market by 13.9%, 2019-2024

Growing Demand for Automating Repetitive Task of Marketing Processes are Expected to Drive the Growth of the Marketing Automation Market by 13.9%, 2019-2024 - Insurance Industry Today - EIN News Trusted News Since 1995 A service for researchers·Monday, December 30, 2019 · 506,024,136 Articles · 3+ Million Readers News Monitoring and Press Release Distribution ToolsNews TopicsNewsletters Press ReleasesEvents & Conferences RSS FeedsOther Services Questions?

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Canadians with health issues face difficulty finding affordable life insurance

Tim Potter poses for a portrait at the Eastern Passage in Halifax on Thursday, Dec. 26, 2019. Like millions of Canadians, Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance.The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes.THE CANADIAN PRESS/Ted PritchardTORONTO - Like millions of Canadians, Tim Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance. The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes. While his wife quickly obtained insurance coverage a decade ago, the stay-at-home dad was denied coverage. It has left him worried about his wife and young family's welfare when he's no longer around. "I feel like I would be leaving her and the kids quite empty-handed if anything were to happen to me," he said. Potter feels stressed because all he's b…

The Scoop: October 30, 2019 Edition

In this edition Welcome to this week’s round-up of state-level health reform news, including:
Open enrollment starts on Friday. Here’s what you need to know.If you buy your own health insurance, open enrollment begins on Friday. For the next month and a half (a little longer in some states), you’ll have an opportunity to compare the plans that are available in your area, see if you qualify for financial assistance, and get signed up for 2020 coverage.Here’s a quick overview of some important points for this year’s enrollment:Enrollment is already underway in California, and the state has new premium subsidies that have higher income limits. Residents who didn’t get subsidies in previous years might qualify for financial assistance in 2020.Plans are available for window shopping now in nearly every state (Rhode Island and Massachusetts will have 2020 plan comparisons available when open enrollment begins, on November 1).Federal premium subsidies are available for a family of four in 2020…