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[ad_1] It is rightly said that necessity is the mother of invention. This also applies to health insurance. Deteriorating lifestyle patterns and rising cost of health care in India have paved the way for health insurance services. This need is further exacerbated by the fact that unlike in the West, social security systems are non-existent … Read more
Legal system abuse, characterized by frivolous lawsuits, aggressive attorney advertising, and third-party litigation funding (TPLF), is significantly inflating costs across the U.S. economy, impacting households, businesses, and insurance premiums. Reports from the American Property Casualty Insurance Association (APCIA), Munich Re, and the U.S. Chamber of Commerce highlight how these practices are creating a “tort tax” … Read more
Oregon Court Sheds Light on Workers’ Comp in Staffing Agency Case Portland, OR – September 6, 2025 – When a worker dies on the job, figuring out who’s responsible for workers’ compensation can get messy, especially with staffing agencies in the mix. That’s exactly what happened in a recent Oregon case, and on September 4, … Read more
[ad_1] While gains from a life insurance policy are not treated as income for tax purposes, if the life insurance policy was held by the decedent within three years of his or her death, any amount of insurance income on the decedent’s estate is taxed. will be imposed. above the property tax limit. OK, now … Read more
Stay up-to-date with the latest Health Care Reform News. Learn about the changes, updates, and impact of Health Care Reform on your health, insurance, and finances. Introduction Health care reform has been a topic of discussion for many years. The Affordable Care Act (ACA), also known as Obamacare, was signed into law in 2010, and … Read more
[ad_1] Any property can become empty at any time under many different circumstances. When a property is unoccupied a standard house insurance policy will only usually provide cover for up to 30 days. This is when one must obtain an empty property insurance policy to keep their asset properly insured against risks such as fire, … Read more
[ad_1] Insurance for water damage in your home is often part of your general homeowners policy. Your insurance may cover losses that are due to a pipe that burst or an appliance that leaks, but may not if you are exposed to a flood, tornado or hurricane. For this kind of coverage you will need … Read more
Travelers Sues Hanover in Federal Court Over Massachusetts Slip-and-Fall Claim Boston, MA – August 26, 2025 – Travelers Property Casualty Company of America has filed a lawsuit against The Hanover Insurance Company in the U.S. District Court for the District of Massachusetts, sparking a legal battle between two insurance giants over responsibility for a slip-and-fall … Read more
Overview of Parametric Insurance for Light Showers Parametric insurance, unlike traditional indemnity-based insurance, provides payouts based on predefined triggers (e.g., measurable weather events) rather than assessed damages. In 2025, a notable advancement in this field is RainSure, introduced by Vortex Weather Insurance, which delivers payouts for even the lightest rainfall, starting at just 0.01 inches … Read more
Wildfire Insurance Crisis Leaves Western Homeowners Struggling to Rebuild August 19, 2025 – The intensifying wildfire crisis in the Western United States has plunged homeowners into a severe insurance predicament, with skyrocketing premiums, policy cancellations, and underinsurance making it increasingly difficult to rebuild after devastating fires. With over 2.6 million homes at moderate to high … Read more