Insurance Feed

Facts and figures for Labor Day 2021

What are your plans for Labor Day this year? Americans are more confident about celebrating Labor Day in 2021, with 48 percent more people planning to travel and 24 percent more planning to go shopping, according to a survey conducted for WalletHub, a personal finance website. Read more →


State insurance regulators fail to protect consumers as auto insures rake in nearly $30 billion in pandemic windfall profits in 2020

Auto insurance companies reaped windfall profits of at least $29 billion in 2020 as miles driven, vehicle crashes, and auto insurance claims dropped due to the pandemic and related government actions, according to two consumer organizations. Read more →


Facts and figures for July Fourth 2021

The United States of America is celebrating its 246th birthday on the Fourth of July this year. The USA became a nation when the Declaration of Independence was signed in 1776. Although celebrations were subdued last year due to the covid-19 pandemic, more people can gather together this year. Read more →


Sign up for my newsletter and get 10 money tips each week

This week, I wrote the 100th issue of my newsletter Helpful Money Tips for You. To celebrate, instead of offering my usual 10 tips, I offered 100. To sign up to get my free newsletter, go to http://eepurl.com/gkZ6JH. You'll get it in your email. Read more →


Some auto insurance companies quoted higher premiums to drivers with lower-paying jobs and less education, investigation shows

Drivers with less education and lower-paying jobs may end up paying more for auto insurance compared to consumers with identical driving records who have advanced degrees or job titles that come with higher pay. Read more →


Texas has highest uninsured rate for health insurance in nation, while Massachusetts has lowest

The national uninsured rate rose in 2019 to 9.2 percent from 8.9 percent from 2018. This is the second year that there was an increase, which is concerning because the U.S. is facing one of its biggest public health crises with the covid-19 pandemic. Uninsured Americans who are hospitalized for the virus pay an average of $73,000. Read more →


Anthem settles another lawsuit over massive data breach and agrees to pay nearly $40 million

Anthem has agreed to a $39.5 million settlement with 43 attorneys general over its massive 2014 data breach that involved the personal information of 78.8 million Americans. Anthem also agreed to data security and management provisions. Read more →