A recent case of interest involved a plaintiff who worked at an IKEA store for twenty five years. During his employment, he enrolled in and received basic and supplemental term life insurance coverage, and his spouse maintained coverage as a dependent.
After hundreds of complaints about insurance providers to the Louisiana Department of Insurance mostly related to hurricane season damages, the state recovered more than $22 million for policy holders in 2020.
Every year we gather ’round for fireworks and fun, but did you know the 4th of July is considered one of the most dangerous holidays in the United States?
A recall of bagged salads believed to be linked to an intestinal parasite outbreak across multiple states has been expanded to include products sold at some Walmart locations.
A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.
U.S. life insurers may face as much as $7.2 billion in claims if coronavirus deaths rise to the high end of projections of 150,000, according to Aite Group LLC. The estimate includes costs for policyholders between the ages of 56 and 74, which are projected to reach as much as a combined $4.1 billion for individual and group plans, the researcher said in a study released Thursday.
Under normal circumstances, internist Jenni Levy makes house calls, checking on patients with chronic conditions and serving as what she calls “rolling urgent care.”
The mounting threat of COVID-19 has placed the healthcare system of many nations under a huge amount of pressure, and cybercriminals could be exploiting this to spread viruses - but instead of biological ones, these are computer viruses.
Virtual medical assessments could play a significant role in keeping the insurance industry moving along during the COVID-19 pandemic. But conducting such procedures will be changing as people are urged to stay home.
Numerous privacy lawyers tell us they’re seeing a growing number of frantic requests from employers about disclosure protocol related to the coronavirus outbreak.
A severe coronavirus pandemic in the U.S. could cost the nations health insurers roughly $90 billion in medical claims, leading to losses that could force some insurers to tap into reserves to pay those costs, according to a new analysis from S&P Global analysts.
The panic shopping for coronavirus planning doesn’t end with food, water and toilet paper. Some consumers are also panic shopping for life insurance. In the face of widespread fears about infections and quarantines, many Americans are getting their financial houses in order.
Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy - a sharp rise in payouts at a time of big investment losses.
Alma Quiroz is a housekeeper at the Edgewater Hotel in Seattle, one of the country’s biggest hotspots for COVID-19, commonly known as the coronavirus. Her work schedule has recently been cut from 40 hours per week to just eight hours. With a reduced schedule comes the threat that she will also lose health insurance benefits from working at least 80 hours each month.