Why You Need to File Your Homeowners Insurance Claim ASAP After...
In the aftermath of a disaster, especially one that has caused significant damage to your property and community, the prospect of dealing with your homeowners insurance may seem overwhelming. However, once you and your family are safe, you'll want to begin working with your insurance company as quickly as possible to avoid delays in the…
Hurricane Milton might cost insurers up to $50 billion — but...
Hurricane Milton's insured losses could cost between $30 billion and $50 billion, said analysts.Before the storm hit, analysts predicted damages of up to $100 billion.Total insured losses globally have exceeded $100 billion this year. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By…
How rich Americans use life insurance to save on taxes and...
Estate taxes pose a dilemma for asset-rich but cash-poor Americans. To pay Uncle Sam, their heirs may be forced to liquidate their real estate empires or privately held businesses.But there is an alternative to a fire sale: They can use life insurance to foot the bill with a neat trick. Instead of owning a life…
Companies without cyber insurance could be making a costly mistake
Many companies don't have cyber insurance because of costs, but the market is growing.Cyber insurance can help companies recover financially from cyberattacks and data breaches.This story is part of "Security Playbook," a series detailing cybersecurity advice and strategies. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go.…
How to Do a Personal Property Inventory (and Why You Should...
If you own a house, chances are you have homeowners insurance—more than 90% of homeowners have some sort of coverage. Most mortgage lenders require you to have it, but even if you’ve paid off your mortgage, it’s a very good idea to insure your home and your possessions (or most of it, at least) so…
Insurance refused to pay for her abortion, even when her life...
Anti-abortion protesters stand outside of the Republican National Convention in Milwaukee in July. Wisconsin reverted to an 1800s abortion ban when Roe was overturned. The courts have since reinstated some abortion access in Wisconsin. Jim Vondruska/Getty Images hide caption toggle caption Jim Vondruska/Getty Images Ashley and Kyle were newlyweds in early 2022 and thrilled to…
Zander Insurance Identity Theft Protection Review: Best Budget-Friendly Service
Zander offers solid identity theft protection for a low price, but lacks one key feature.
Rogue ACA insurance agents could face criminal charges under a proposed...
Caspar Benson/Getty Images/fStop Health insurance agents who fraudulently enroll consumers in Affordable Care Act health plans could be subject to criminal charges — and civil penalties of $10,000 to $200,000 — under legislation introduced Wednesday by Sen. Ron Wyden, D-Ore., chairman of the powerful Senate Finance Committee. Wyden first promised the bill in May, when…
Here comes the wave of insurance claims for the CrowdStrike outage
Friday's massive CrowdStrike outage grounded businesses and services worldwide to a screeching halt. Now, some of those affected are looking to recoup their losses.Damages to businesses included grounded flights, which left thousands of passengers stranded at airports, delivery delays, and closed stores and amusement parks."Economic damages could reach tens of billions of dollars," Nir Perry,…
Three Things You’re Better Off Self-Insuring
Insurance is often a necessity—an expensive necessity. Car insurance averages $1,718 annually for full coverage, health insurance can cost more than $1,000 a month depending on your age and circumstances, and home insurance averages about $2,000 a year. Protecting what you have, from your possessions to your health, just keeps getting more and more expensive—and…