Who regulates insurance companies October 22

As of February 2015, only two insurance companies, Prudential and AIG, have been moved to federal regulation under the auspices of the Financial Stability Oversight Council. However, there is a push for more federal regulation. The 2010 Dodd-Frank Ac

What happens when your car insurance lapses October 20

What happens when your car insurance lapses explains that when a driver is asked to present proof of insurance by a legal official, and the driver can't offer proof, the driver runs the risk of being fined and having his licen ...

What is insurance fraud October 11

Soft fraud includes lying on an application or engaging in other forms of deceit to cheat insurance companies. Hard fraud involves more extreme cases when people fake covered events or claims to collect payments. Faking an injury to get an accident i

What is tail insurance coverage September 17

Tail coverage does not cover claims for events that occur during the tail coverage period. A physician requires malpractice tail insurance if his employer offers claims-made insurance only to ensure coverage for claims relating to past professional n

What is a unit of insurance September 17

For life insurance, a unit of insurance is the base value of whole or term life insurance. In contrast, a unit of insurance for property insurance refers to an object that is covered by the insurance plan, states The Nest. The value of a unit of insu

How do you file for Medicare and SSI September 17

Those eligible for Medicare include people 65 years old and over, disabled people and those with End-Stage Renal Disease, according to the Centers for Medicare and Medicaid Services. Some people are automatically enrolled in the Medicare program and

How long can short-term disability benefits last September 17

How long can short-term disability benefits last
Disability Secrets also states that individuals may be eligible for coverage under long-term disability benefits if they are unable to return to work once the short-term benefits end. Short- ...
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