Bidenflation Hits Auto Repairs, Car Insurance, and Even Parking Prices
The price of car ownership continues to accelerate for American workers under President Joe Biden. Prices for auto repairs, auto insurance and parking have risen since 2023, according to March Consumer Price Index (CPI) data. released Wednesday: — Automotive maintenance and repair: 8.2% increase Up 1.7% since March 2023 / since February 2024 —Auto insurance: […]
Insurance companies use drones, manned planes and high-altitude balloons to spy on homes and deny coverage: report
Home insurance companies are increasingly using aerial photography from drones and high-altitude balloons as a tool to scrap properties deemed high-risk, the report said. Angry homeowners report losing coverage after being told they had damaged roof shingles, debris in their backyards, and undeclared items such as pools and trampolines. . The Wall Street Journal reported. […]
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FEMA Blindsides Hurricane-Battered Community, Strips Locals Of Insurance Discount
The Federal Emergency Management Agency (FEMA), which handles federal disaster responses, revoked a discount on flood insurance for a community in Florida without giving clear warning, according to E&E News. Around 125,000 property owners in Lee County, Florida, one of the most flood-prone counties in the country, had their 20 to 25% discount on flood […]
Biden nixes Trump's short-term so-called 'junk' health insurance rule – USA TODAY
The Biden administration plans to roll back short-term health insurance, the centerpiece of former President Donald Trump’s health care policy. Short-term health insurance plans offer limited benefits and lower monthly premiums, but they don’t cover pre-existing medical conditions. Under new rules finalized last week, the Biden administration will shorten the length of short-term health insurance […]
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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