Medicare is a social insurance program available to all citizens. Its funding is provided on a single-payer basis, meaning that the person receiving the benefits has contributed to the program through taxes throughout their lives. Some […]
Insurance
What The Hail! 2 Things Car Owners Should Know About Mother Nature
You may have heard that the Denver area had a bit of a hail storm. If you were on the road at the time, you heard it literally, in the form of hundreds of ice […]
African Countries Using Insurance To Deal With Natural Disaster
African countries are trying to figure out ways to better handle natural disasters, and they may have found a solution in insurance policies, which can change the way that they prepare for events of nature. […]
Insurance Companies Just Started Offering Ride Sharing Policies For Uber Drivers
In an innovative move by ridesharing juggernaut Uber, the company has partnered with a traditional insurance company to create a first-of-its-kind ridesharing insurance coverage. This novel idea may pave the way for all major insurance […]
Insurance Giant Begins Replacing Claims Inspectors With Drones
Liberty Mutual Insurance will join other major insurance agencies in the use of drones to help photograph businesses and houses damaged by natural disasters or fires. The drones will be used instead of manned planes […]
Big Healthcare Keeps Getting Bigger As Anthem Ups Its Bid for Cigna
A $54-billion bid by Anthem Inc. to purchase chief rival Cigna Corp. will result in more consolidation of the health insurance market and potentially higher premiums and less choice for Americans looking for health insurance. […]
Insurance Companies Fight For Right To Be Risky, Bailed Out By Taxpayers
Insurance companies are already among Washington’s biggest donors but that’s not stopping them from ramping up efforts to fight the Federal Reserve over new rules that would force the companies to be less risky. After […]
Beware Insurance Companies Offering Discounts For Data
Global insurance giant Manulife is looking to wearable fitness trackers, data collection and an enticing rewards program to boost sluggish sales and connect with customers in a radical new way. Or that’s the pitch anyway. […]
New Test Shows If You Will Get Cancer Within 13 Years
A new test can predict with 100 per cent accuracy whether someone will develop cancer up to 13 years in the future. Harvard and Northwestern University discovered that tiny but important changes took place in […]