In news that surprises no one, health insurers of New York are asking for rate increases in the double digits for the fifth year in a row. Insurers are citing the Trump administration's December …
Insurance
Wild Horses Couldn’t Make Me Insure Your Risk
I found the following story amusing (from an insurance perspective), and thought you might, too. In the Western United States, there are approximately 85,000 wild horses roaming the wide open spaces. …
Trend: Businesses are Buying Their Own Insurance Companies
It was big news when Warren Buffett, Jamie Dimon, and Jeff Bezos announced they would create their own insurance company to serve their companies Berkshire Hathaway, JP Morgan Chase, and Amazon. But …
Wendell Potter: Making a Real Difference In America
I've blogged about Wendell Potter before (links below), but his dedication to improving the lives of Americans through reform to the insurance industry continues to impress me, and his activities …
How Much Money do Insurance Companies Spend so the Laws Keep Them Rich (and Make Them Richer)?
Large corporations hire full time employees to go to Washington D.C. and attend every political event/hearing/meeting they can, with the hopes to influence the politicians who are writing our laws and …
Kathleen M. Defever’s University of Antwerp (Belgium) Lecture -Tomorrow, 4/24
Guess the Insurance Statue #6
This is a statue of Parca, otherwise known as the Grim Reaper. What kind of insurance do you think Parca holding a thread might represent? The answer and explanation will be in the comments section …
How to Find Flood Insurance
California went from drought to non-stop rain. Suddenly, more people are aware that their Homeowners Insurance does not cover floods. Flood insurance must be purchased separately. All flood insurance …
Insurance Bill of Rights – A List of the Rights Most Ignored?
When you receive your homeowners policy, there may be a page called the Residential Property Insurance Bill of Rights.* With a title like "bill of rights" you would expect the document to clearly …
Guess the Insurance Statue #4 – What is Assurance?
This statue represents the insurance of a locomotive, as you would probably guess. However, the sculptor intended for the locomotive to represent a much broader type of insurance which, depending on …