California Insurers Score Poorly in Customer Service - posted 11/24/2010
Members of preferred provider organization plans in California are the victims of chronically poor customer service according to data compiled by the California Department of Insurance.
Life Insurance Companies Rescind Policies After Death - posted 11/22/2010
The leading cause of denial of life insurance benefits, "material misrepresentation" is, in the hands of some insurance companies, a loop hole that allows them to deny payouts, say critics, thus saving the corporations millions.
Million Americans Face Loss of Unemployment Insurance - posted 11/17/2010
By the end of the year, 2 million Americans could face the loss of their federal unemployment insurance benefits as the system struggles under the weight of chronic joblessness and the extended recession.
Sinkhole Claims Behind Rising Insurance Rates in Florida
Rising insurance premiums in Florida can be directly traced to an upswing in settlements for sinkhole claims from 2006 through the first ten months of 2010, which have cost insurers $1.4 billion in claim payments.
Use of Credit Scores in Insurance on the Rise
Although critics say the practice of using credit reports in the insurance industry is unfair to low-risk customers with credit issues, about 95% of auto policies and 90% of homeowners policies are written on that basis.
Government to Consider Preventive Health Measures for Women
Under the health care reform package passed in March 2010, certain aspects of preventive health care are to be completely covered by insurance, a fact that may soon make contraception available to women at no cost.
Health Care Law Changes Demand Closer Reviews Before Renewal
Health care reform has altered the face of the insurance industry, making it imperative for insurance customers to review their coverage before renewing a policy in case benefits to which they are entitled are being denied under "grandfathered" clauses.
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