Mobile home owners and renters often choose to go without property insurance, potentially exposing them to catastrophic losses such as those suffered in Southern California’s weekend firestorms.
Most homeowners are required by their mortgage lenders to purchase property insurance, but those who either own their residence outright or rent may choose to go without insurance. In [...]
Retirement, insurance and financial services company Principal Financial Group Inc. said Tuesday it plans to apply to the U.S. Treasury for participation in the capital purchase program.
The Des Moines-based company, which offers 401(k) retirement plans, has an Internet bank and life and health insurance divisions, said it would issue preferred shares and warrants to the [...]
State regulators Monday approved a 12.3 percent rate increase for the Texas Windstorm Insurance Association, marking the first time the state wind pool will raise rates more than 10 percent.
State law caps the association’s annual rate increases at 10 percent, but the state insurance commissioner can bypass the cap after catastrophic losses.
The association, which sells [...]
Solidarity Group, a member of the Ithmaar banking group and one of the largest companies in the world, hosted a seminar for 40 insurance brokers of the Kingdom.
The one-day seminar was organised by Solidarity Family Takaful to present insurance brokers with an overview of Solidarity Family Takaful’s vast range of medical insurance products and services.
Gopi [...]
State Farm Florida Insurance Co. is seeking a 47.1 percent rate increase in homeowners insurance policies in Florida.
“We simply must be able to charge the rates to cover our expected costs,” she said.
State Farm is the largest home insurer in the Jacksonville metro area, with 108,763 policies as of the end of 2007. That represents [...]
Mary Wusterbarth thought her toddler was struggling with an ear infection when she seemed sluggish. Instead, a virus had attacked the little girl’s heart, damaging it beyond repair. Brea needed a transplant.
Within three weeks of a 2007 doctor visit, the 20-month-old had exhausted the $1 million lifetime maximum on her health insurance. Her parents have [...]
It wasn’t the three jobs she has to work to care for her extended family, or the inability to take a vacation for the last five years. For Eloise Williams of Pontiac, the ultimate indignity came when she found a lump in her breast before she became a full-time teacher at Pontiac Northern High School.
It [...]
BlueCross BlueShield of South Carolina last month introduced Blue SpectrumSM, a rebranding of the company’s health insurance plans that also adds less-costly affordable health insurance plans designed for groups and individuals seeking more options.
“With increasing health care costs forcing rising premium prices, some individuals and employers are either dropping their insurance or not picking it [...]
Many agents stay away from online insurance leads because they are not sure of what they offer, how much they cost, or how to get started. If you let the unknown scare you away from buying these leads, it is going to hurt your chances of success in the long run. Instead, you should learn [...]
April 15 has passed, but taxes remain on the minds of most Americans, with politicians promising static, higher or lower amounts during election cycles to impress various constituencies.
While taxes impact many areas of life, one area that is often not well understood is the relationship between taxes and life and disability income insurance. Here I [...]
