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A large minority of people who have health insurance aren’t sure what’s covered by their plans. And too many people with insurance are still afraid to use it because of worries about the costs they believe they will face from going to the doctor—despite the fact that a sizable fraction of them have a chronic …
Legal challenges to the legitimacy of the Affordable Care Act are nothing new. But with the next wave of Affordable Care Act litigation, it’s not the government but large employers who could find themselves facing worker lawsuits for violating the health-reform law. Honeywell CEO David Cote never expected that his company’s wellness program would be subject …
With America’s quantitative easing program coming to an end, investors around the globe are now wondering when interest rates will rise. We are already beginning to see increased volatility and market jitters with the S&P 500 down about 3 percent last week. However, there is one sector that’s likely thinking about this more than most: the …
Life insurance is rarely a topic that consumers like to think about, talk about—or even do anything about for that matter. Recent statistics show ownership of life insurance policies is at the lowest level in decades: One in four consumers have no life insurance at all. One of the biggest problems is many consumers simply …
Six years after the government decided to put together a record bailout for AIG, the insurance company’s former CEO, Hank Greenberg is challenging the legality of that decision.
The financial sector has outperformed the Dow this year, but the same can’t be said for the insurers. Morgan Brennan explains the divergence and how to find value.
Early estimates put the damage from the Napa earthquake as high as $1 billion. If true, it could be one of the costliest earthquakes ever in the U.S. But as Mary Thompson reports, millions of California homeowners don’t have earthquake insurance, putting many of them on very shaky ground.
How will escalating violence in places like Tel Aviv and Ukraine impact the aviation insurance industry?
Got life insurance? Maybe so, but chances are increasing that you don’t have enough. That’s the conclusion of a new survey commissioned by New York Life, which found that Americans want enough life insurance to cover 14 years of lost income from a breadwinner—but on average, have coverage for only three of those years. The …
Demand for health care coverage always seems to be rising along with health care costs. And now, some insurance plans are setting limits on what they’ll pay for certain medical procedures, coverage caps that could end up costing you more money.
Is the way certain medical procedures are covered about to change and could your wallet take the biggest hit? For this story and more tune in tonight.
It’s not quite Big Brother, but many American motorists are allowing their insurance companies to keep a close eye on what they do while behind the wheel. And millions more may soon follow. According to a new survey, more than half of all American drivers are willing to give insurance companies the authorization to review …
You buy insurance hoping never to need it. But if you ever did have to file a claim, would you really know what your policy covers and, more importantly, what it doesn’t? Have you even looked at your insurance policy in the last year? Have you ever reviewed the policy? If you had a big …
The bill President Barack Obama signed last month to stop the rise of flood insurance premiums is certainly getting high marks from homeowners. “We needed this for sure,” said Marc Roy, whose home in New Orleans remains damaged from 2011’s Hurricane Irene. He said his his premiums leaped 50 percent but he’s hoping they will …
With so many Americans signed up for a new plan and more likely to enroll today, a lot of the nation’s health insurance companies have already benefited from the Affordable Care Act. And as Bertha Coombs explains, they may have even more to look forward to.