| Buying vs. renting: How do your insurance needs change?
But insurance needs change drastically when moving from a home to a rental, and prospective renters should take a long, hard look at their changing insurance needs before they move. Renters Insurance - What Does it Cover? Home insurance covers quite a bit. The ceiling, the walls, the television set, the living room furniture-nearly everything is covered. But that's not the case with renters insurance. Renters insurance provides a more narrow breadth of coverage, offering liability coverage and theft or loss protection for a tenant's personal belongings. But the landlord's insurance will cover everything, right? Think again. Many renters believe their landlord's insurance extends to their personal items, but they're mistaken.
Gables healthcare rally turns rowdy
``It's the only real way to keep the insurance companies honest,'' Patlak said. MoveOn attracted about 100 supporters of the public option, some of whom came with stories about health insurance nightmares. Gary DeMaria, a construction manager who has been laid off three times in the past decade, said he was uninsured and afraid to get sick. ``Every time I got laid off, no health insurance,'' he said. Opponents voiced fears about what might happen if the federal government were to take on a major role in providing healthcare. Marcos Sendon, editor and president of SFlaConservative.com, who organized the group of about 150 opponents of a public health insurance option, said there were better, more efficient ways to make health insurance more affordable, including tort reform.
Insurers can end sukuk compliance woes, experts say
Peter Hodgins, a lawyer specialising in Islamic insurance at law firm Clyde & Co said Islamic insurance, or takaful, products could help reconcile the need for sukuk to comply with these requirements and investors' need to insure against risks. "Takaful can be a solution to help out the sukuk market." Takaful firms could provide insurance for sukuk investors that takes over notional annual payments to bondholders if they fall below an agreed amount, he said, adding that there were discussions in the industry on such a product. In Islamic insurance, customers contribute to a pool of funds which is used to indemnify participants who suffer a loss, while in conventional insurance the insurer takes on the risk for a premium. "As the sukuk market evolves, there could be room for such a product," said Nick Frei, chief executive of Bahrain-based Islamic insurer t'azur.
Health Insurance Consultation Website Launched In Massachusetts
Health Insure Options offers Massachusetts residents and small businesses free one stop shopping for health insurance solutions. Norton, MA (MMD Newswire) August 12, 2009 -- This innovative health insurance consultation web-site (www.healthinsureoptionsma.com) services primarily Southeastern Massachusetts self employed, small business, families and individuals seeking affordable health insurance. Numerous health insurance choices in Massachusetts including state alternatives make health insurance shopping a confusing maze which takes considerable time, expertise, and effort. Health insure options provides an efficient and effective method for health insurance shoppers to connect with a knowledgeable and local health insurance expert to help them identify health insurance solutions to fit their unique coverage and budget needs.
Top insurance salaries on par with others, report finds
"Our report concludes that the compensation packages of Highmark and Independence Blue Cross are reasonable under the applicable legal standard," Insurance Commissioner Joel Ario said in a statement. The analysis is part of the mopping-up work the Insurance Department has been doing with the piles of data it acquired in filings when the companies tried to merge. They withdrew their petition in January. "We are pleased with the report's conclusion," said Independence Blue Cross spokeswoman Elizabeth Williams, a sentiment similarly expressed by Highmark. Williams noted that Independence Blue Cross is an $11 billion insurer with multiple lines of business and 8,800 employees who serve 3.2 million people nationwide. The Insurance Department report said the executives' pay was in line with what executives of Blue Cross and Blue Shield companies earned nationally.
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