Ohio mayor buys earthquake insurance after alleged fracking incidents
A series of earthquakes in Youngstown, Ohio, potentially related to brine-injection wells, caused the citys mayor to buy earthquake insurance for his home and initiate a moratorium on injection wells near the city. There have been 11 earthquakes in Youngstown in the past 10 months, since D&L Energy Inc. began injecting drilling brine, a byproduct [...]
Tip of the Day: Purchase Life Insurance While You are Young and Healthy
Life insurance is for the other people, right? Let those with the gray hairs and the anxiety about their pension plans fill in the life insurance application forms. You are in your prime, and have better things to do. Wrong. Smart people get the ball rolling on insurance plans early. When you are young, fit, [...]
Insurance may not cover wild weather damage
Direct Line reported its busiest day for five years while Co-operative Insurance said it had more claims on Tuesday, around 600, than it normally gets in the whole of January. Carmel McCarthy at More Than said: “Some policies may not cover damage to gates, fences or contents in the open such as garden ornaments so [...]
The Case for Buying Life Insurance: Why You Need It
Buying life insurance is a wise investment regardless of your finical situation. Life insurance provides coverage for your remaining debts, final expenses and financial. Despite this fact, many people are unaware of the benefits of life insurance, and feel it is not a necessity. At Efinancial, we work to educate consumers about the many benefits [...]
Top 5 Auto Insurance Myths
Knowing the truth about auto insurance can save you time, money and hassle. If you’ve ever avoided buying a cute red sedan for fear your insurance rates will spike, this list is for you. Debunking auto insurance myths can help you become more aware of what should and shouldn’t concern you about your insurance coverage. [...]
Employer-Sponsored Group Life Insurance
As more Americans are keeping a close watch on their pockets, they are foregoing some basic financial products, including life insurance. With many employers offering employer-sponsored group life insurance plans through providers such as Unum Life Insurance, consumers feel extra income spent on premiums for individual life insurance can be saved. Is this really a [...]
State Roundup: Conn.’s New Insurance Commissioner Getting Noticed
News outlets report on a variety of state health policy issues. The Connecticut Mirror: A Rookie Insurance Commissioner Plays On A Global Stage Checking his watch, Thomas B. Leonardi worked quickly through his dense defense of this nation’s state-by-state approach to insurance regulation. … [T]his small New England state generates more insurance business than all [...]