A much tighter sign-up deadline and coverage delays will be waiting for some health insurance customers now that President Donald Trump’s administration has finished a plan designed to stabilize shaky insurance markets.
Shoppers will have a shorter time period to choose a 2018 plan and a harder time enrolling outside that window if they lose a job or have some other special circumstance that affects their coverage. Insurers also will have more flexibility to design lower-cost coverage under a set of changes announced Thursday for the Affordable Care Act’s insurance exchanges. Continue reading
Every organization, of every size and operational orientation, needs cyber insurance to manage its exposures in this age of networked information.
That was one thing speakers agreed on at the recent 2017 Cyber Liability Symposium held by the Professional Liability Underwriting Society (PLUS). Continue reading
Michael Johnston, the great, great grandson of the founder of one of the first Baptist churches in Texas, grew up being constantly warned about sin, including the evils of television and dancing. Thus it is a bit strange even to him that he has come to be known as the “marijuana guy” among insurance claims professionals. Continue reading
Married couples share a lot of things, including health insurance coverage in How to Switch to Your Spouse’s Health Insurance Policy Midyearsome cases. If you want to switch to a spouse’s policy—or your spouse wants to enroll in yours—it’s usually an easy task to accomplish. However, it’s important to get the timing right and to know when you’re eligible for special enrollment periods. Continue reading
According to the National Fire Protection Association, hoarding is defined as “collecting or keeping large amounts of various items in the home due to strong urges to save them or distress experienced when discarding them. Many rooms in the home are so filled with possessions that residents can no longer use the rooms as designed. The home is so overloaded with things that everyday living is compromised.” Continue reading
FM Global, a global business property insurer, posted an improved combined ratio of 83.2 percent in 2016—compared to 85.3 percent a year earlier—which was a market-leading result for the fourth consecutive year. Continue reading
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: Liability in Focus identifies defective product or work, crash and human error incidents as the largest causes of liability loss for businesses, based on analysis of insurance claims. Continue reading
Another issue here is the EFTA requires a consumer be provided with a copy of the electronic fund transfer authorization, said the ruling. “Park’s allegations regarding his lack of knowledge of the purported authorization, and Webloyalty’s failure to provide a copy of such authorization were sufficient on their face,” said the ruling, in reinstating the charge. Continue reading
