Insurers Warn California’s Inaction Threatens Auto Policies

Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve any rate increases for more than two years, since the start of the coronavirus pandemic. The companies already are cutting back and say they can’t continue operating at a loss while Insurance…

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California OKs Bill Protecting Workers Who Use Marijuana at Home

California could soon become the seventh state to make sure people won’t lose their jobs if they smoke marijuana when they’re off the clock. State lawmakers in late August passed a bill to stop companies from punishing workers who fail a certain type of drug test that detects not whether a person is high, but…

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Auto Loss Costs Not Coming Down; Bigger Rate Hikes Ahead: Allstate CEO

  Higher auto loss costs are here to stay, according to the leader of Allstate, who also said that his company will be pushing up auto insurance prices higher, and at a faster pace, for the balance of the year. Speaking at the Barclays Global Financial Services Conference on earlier this month, Allstate President and…

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Why does a life insurer need an attending physician statement (APS)?

  Insurance companies might request an APS from your doctor to get additional medical information as part of the underwriting process. When you apply for life insurance, the insurance company needs to know how healthy you are when you sign the policy. They figure this out through a process called underwriting, during which you take a medical…

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Health Insurance Providers Actions Concerning Mental Health

AllWays Health Partners has teamed up with Lyra Health to offer a new solution to expand the availability of mental health support and counseling. Through Lyra, members will be able to seek clinically proven mental health support, find high-quality providers tailored to their individual needs, and book appointments quickly with a therapist or coach by video…

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Medicare Advantage Plans

Medicare Advantage Plans are another way to get your Medicare Part A and Part B coverage. Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are offered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D). In most cases, you’ll need to use…

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California Insurance Commissioner: Mercury Steered ‘Good Drivers’ Toward Higher-Priced Policies

California Insurance Commissioner Ricardo Lara announced a legal action on Monday against Mercury Insurance for reportedly violating consumer protection laws, including selling Mercury’s highest-priced policy to “good drivers” instead of the lowest-priced policy for which good drivers qualify. Lara’s action follows a California Department of Insurance investigation that reportedly found numerous areas where Mercury’s business…

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California workers’ compensation insurance

    California workers’ compensation insurance Workers’ compensation insurance covers the cost of work-related injuries. It’s required for all California businesses that have employees. Who needs workers’ comp insurance in California? Every state has different requirements for workers’ compensation insurance. In California, workers’ compensation is mandatory for all employers, even if the company only has one employee.…

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