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91 Arrested Nationwide in Medicare Fraud Sting

September 9th, 2011
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Federal investigators announced on Wednesday that 91 people in eight different cities were charged for attempting to steal millions of dollars from the Medicare system. This attempt is now being called by Attorney General Eric Holder the biggest take-down in Medicare task force history.

Connecticut Coastal Residents Catch Break on Hurricane Deductibles

Posted in Home Insurance , Hurricane Insurance

September 7th, 2011
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In the wake of the devastation seen in the state of Connecticut as a result of Hurricane Irene, a number of insurance companies have agreed to waive some policyholders’ hurricane insurance deductibles. Most of the homeowners receiving the break on deductibles are coastal property owners whose homes were damaged.

How Continuous Coverage Laws Could Impact California Drivers

Posted in Auto Insurance

September 6th, 2011
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continuous coverage

After several months of debates in 2010, a controversial California auto insurance proposal that would allow drivers with continuous coverage to receive discounts was shot down before reaching the ballot. Now, just one year later, a very similar proposal has been introduced and could be placed in front of voters next year. So what exactly is the deal with this continuous auto insurance coverage proposal?

COBRA Health Subsidy Expired This Week

Posted in COBRA Insurance , Health Insurance

September 2nd, 2011
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The COBRA health insurance subsidy that has helped laid-off workers continue to use their former employer’s health coverage drew to a close on Wednesday. The end of the subsidy is now raising concerns about how the unemployed will cover their health expenses without federal support.

The 15 Costliest Natural Disasters in History

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September 1st, 2011
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natural disaster

Some experts have gone on record to say that 2011 is already the costliest year in history for natural disasters–and that’s with a few months left to go. Anyone who has taken a good look at all of the tornadoes, hurricanes, earthquakes and floods that the world has had to endure this year can confirm expert estimates.

The Medicare Fraud Epidemic

Posted in Health Insurance , Medicare

September 1st, 2011
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medicare fraud

Medicare fraud has become a growing epidemic throughout the United States. With millions of people still struggling to acquire health insurance and medical professionals hoping to make a quick buck, the government-run system has turned upside-down.

FEMA Is Almost out of Disaster Funds

Posted in Home Insurance

August 31st, 2011
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The Federal Emergency Management Agency (FEMA) announced this week that it is nearly out of disaster relief funds. This news could not have come at a worse time as numerous states look for assistance in their recovery from Hurricane Irene as well as other disasters that hit earlier this year.

Does Collision Avoidance Technology Really Prevent Accidents?

Posted in Auto Insurance , Collision Insurance

August 30th, 2011
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collision avoidance technology

Vehicles have undoubtedly changed over the years, especially when it comes to safety technology. There was a time when cars were not equipped with air bags, anti-lock brakes or traction control. Now, of course, many of these features come standard on most new vehicles.

Is the East Coast Prepared for Hurricane Irene?

Posted in Home Insurance , Hurricane Insurance

August 26th, 2011
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Only a few days after being rattled by a 5.8-magnitude earthquake, the East Coast is facing one of the most dangerous hurricanes to hit the area in several years. Forecasts show that Hurricane Irene is on course to collide with North Carolina sometime on Saturday. Will the coast be financially prepared for what’s to come?

The Probe Into Life Insurance Company Beneficiary Payouts

Posted in Life Insurance , Life Insurance Companies

August 25th, 2011
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life insurance beneficiary

When a person purchases a life insurance policy, they should feel confident that their families will be well taken care of financially after they’ve passed on. Policyholders can rest assured this is the case as long as insurance payments are made on time. However, many of these life insurance beneficiaries are unable to rest in peace after their loved one dies.