Parkview Health to stop offering care to patients with out-of-network insurance – WANE
FORT WAYNE, Ind. (WANE) — By January 1, 2025, Parkview Health will no longer accept patients whose insurance is considered out-of-network. Parkview Health said the measure is aimed at “protecting patients” from high bills for receiving care at facilities that are not covered by insurance. “When health insurance companies and employers set up health plans, […]
Insurance trends are deciding where Americans will live as planet heats
Climate change and generations of U.S. housing and development policies are increasing the risk of insurability for homes, neighborhoods, and entire municipalities, eroding Americans’ ability to live where they choose. The current challenge of this crisis is that the insurance industry is retreating nationwide from areas threatened by wildfires and hurricanes, particularly along the Gulf […]
Various factors driving up car insurance premiums in Washington state
(The Center Square) – On the heels of a double-digit increase last year, Washington state drivers can expect to pay even more for auto insurance this year. A report by personal finance website Value Penguin estimates Evergreen State motorists will see the second biggest increase in premiums in the nation this year, at 18%. “There are a […]
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Baltimore disaster could set record marine insurance payout
Lewis Campion, president and CEO of the Maryland Motor Truck Association, discusses the impact of the Francis Scott Key Bridge collapse on trucks and transportation routes on “The Bottom Line.” Total insurance claims payable as a result of the Francis Scott Key Bridge collapse in Baltimore will likely reach billions of dollars, ultimately making it […]
NY Gov. Kathy Hochul’s campaign sued for failing to pay $50K fine over not carrying employees’ insurance coverage
The New York State Workers’ Compensation Commission has sued Gov. Kathy Hochul’s campaign, Friends of Kathy Hochul, for failing to pay a $50,000 fine for not having employee insurance. The state commission filed a petition for judgment in Buffalo State Supreme Court on February 26, according to court documents. Almost all employers in New York […]
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Southern states such as Florida, Texas, and Oklahoma have some of the highest homeowners insurance rates in the country. (iStock) Florida is in the midst of an unprecedented insurance crisis. The state has the highest homeowners insurance rates in the country. Insurify survey results revealed. These record high interest rates are turning away potential homeowners, […]
Baltimore Bridge Catastrophe May Be Biggest Ever Marine Insurance Payout
The destruction of Baltimore’s Francis Scott Key Bridge and its economic fallout could result in the largest marine insurance claim in history, the chairman and chief executive of London-based insurance giant Lloyd’s said in separate Thursday statements. stated in an interview. “We are beginning to dedicate resources to this in anticipation that this will be […]
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