INSURANCE

Is it a bicycle or a motor vehicle? How the e-bike debate could cost consumers

SOUTH JORDAN — Electric bicycles are huge right now, with U.S. sales expected to top $1.3 billion in 2022, according to the National Bicycle Dealers Association. E-bikes have also become huge targets for thieves. When two e-bikes were stolen from a South Jordan man’s garage, he figured his owner’s insurance would cover it like it …

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Alliant Insurance Services is entering the Kansas City market

Rick Kahle leads Midwest growth for one of the nation’s largest and fastest growing insurance brokerage and consulting firms IRVINE, CA November 2, 2023—(BUSINESS WIRE)–Alliant Insurance Services, one of the largest and fastest-growing insurance brokerage and advisory firms in the U.S., is making its footprint in Kansas City with the addition of Rick Kale as …

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NMI Holdings ( NMIH ) bests third-quarter earnings, insurance rises

NMI Holdings NMIH reported Q3 2023 operating net income per share of $1.00, beating the Zacks Consensus Estimate by 6.4%. The bottom line increased by 11.1% over the year. The quarterly results reflected higher premiums and net investment income, as well as increased persistence, which drove growth in the company’s high-quality insurance portfolio. Operational update …

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Cheapest Car Insurance in Knoxville, TN (Rates 2023)

The best cheap car insurance companies in Knoxville, TN. We recommend the following five auto insurance companies in Knoxville: Auto-Owners, State Farm, Tennessee Farmers Mutual, USAA and Erie. These companies have lower than average prices and are known for strong customer service and high quality coverage. Keep reading: Cheap car insurance Unless otherwise stated, the …

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Uber settles unemployment insurance and wage theft lawsuit

Attorney General Letitia James and Gov. Kathy Hochul made separate announcements Thursday that included significant financial settlements with ride-sharing giant Uber.Photo: Holly Pickett/AP In two ground-breaking agreements, Uber Technologies Inc. reached settlements with both the New York State Department of Labor (NYSDOL) and New York Attorney General Letitia James, addressing unemployment insurance and alleged wage …

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So you bought Life insurance. Do you ever have to think about it again?

Buying life insurance is important. Without it, loved ones may be left with too little money in their checking accounts to cover bills if a person dies and stops contributing to a household’s income or support. However, this is not something that is fun to buy. After all, shopping for a policy can be time-consuming, …

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Wyden, Whitehouse launches investigation into climate change insurance crisis

November 02, 2023 washington- U.S. Sen. Ron Wyden (D-OR) said today that he and U.S. Sen. Sheldon Whitehouse (D-RI) have launched an investigation into how insurance companies are handling the growing risks of climate change, including where companies should pull coverage or to increase premiums. The inquiry by Wyden, a member of the Senate Budget …

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Affordable Care Act health insurance open enrollment begins. what you should Know

The open enrollment period for 2024 health insurance plans under the Affordable Care Act began Wednesday. The ACA is designed to give more Americans access to less expensive health insurance and also expands Medicaid as well as supports new methods of providing medical care, such as ACA Health Homes. As of March, more than 40 …

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Third-quarter individual life insurance premiums exceed $3.7 billion, up 5% – Insurance News

WINDSOR, Conn., November 2, 2023 – As the majority of carriers reported higher results in the third quarter, total new annual premium for individual life increased 5% to $3.7 billion year-over-year, according to preliminary results from LIMRA’s Surveys and estimates of retail sales of individual life insurance in the US. Similarly, 6 out of 10 …

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