Michael Peltier: Some insurers waiving mulitple deductibles
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Homeowners unfortunate enough to get slammed by multiple hurricanes in the past seven weeks have had to face the risk of another less deadly but more expensive disaster.
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US property and casualty insurers have paid out $21.3 billion for eight catastrophes damage, including hurricanes Charley, Frances, Ivan and Jeanne, according to the data of the Jersey-based Insurance Services Office Inc.
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Some key players in the legislative battle over medical-liability reform support attacking soaring malpractice-insurance premiums by making it harder for insurance companies to raise their rates.
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MUNICIPAL UNIONS should raise a holiday toast to gullible Massachusetts taxpayers for their willingness to absorb disproportionate pain from increases in health insurance costs. Bostonians, for example, sit by passively while city workers, who pay just 10 percent of premium costs for their HMO coverage, gobble up nearly half of the annual increase in the city's operating budget.
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People with high-deductible health plans designed to raise awareness of costs and reduce unnecessary care are causing consumers to scrimp on health care, according to a study released on Thursday.
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By Andrew Foxwell, Financial Mail on Sunday, London  Feb. 4--Insurers and businesses must pool their resources to tackle the  rising cost of environmental liability claims, a leading insurance broker has  said.
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About half of Massachusetts hospitals say they have adopted policies to waive charges for serious medical errors such as wrong-site surgery and harmful medication mistakes, and others say they plan to, amid growing resistance from government and health insurers to paying for poor outcomes.
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For the second consecutive year, federal employees are getting a big break on their health insurance premiums.
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NEWARK -- With one phone call, Lourette Pediford did what no Massachusetts driver can do: shop around for a better deal on auto insurance.
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New York Attorney General Eliot Spitzer sued insurance giants Marsh &amp; McLennan, American International Group and several others Thursday, alleging policy brokers have been taking payoffs from insurance companies to steer corporate clients their way rather
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Some of the nationâs biggest insurance companies want to change rules that enable some of their competitors to avoid billions of dollars in federal taxes by sending money to themselves in tax havens.
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When Robert Payne, 61, needed back surgery last year, he said he wasn't worried about how to pay for it. Payne, a self-employed architect in Richmond, pulled $5,500 -- the amount of his health insurance deductible for such procedures -- from a savings account he uses exclusively for medical expenses. His insurance covered the rest.
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New Yorkâs attorney general is looking into if insurers forced patients to overpay for out-of-network doctors.
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GIANT insurance brokers are accused of taking kickbacks from insurance companies. Mutual fund managers allow preferred clients to trade after hours.
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First they tried nudging. Now companies are penalizing workers who have high health risks such as obesity and high blood pressure or cholesterol as insurance costs climb.
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The U.S. property/casualty insurance industry systematically overcharges policy holders and underpays on claims, said a report from consumer activists on Thursday that an industry group called "absurd."
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About one in 10 people are lying to their car insurer to save on premium costs, a survey suggests.