Insurance Companies Questioned About Proposed Rate Hikes – NBC Connecticut
Two insurance companies were called out over rate hikes they've requested for next year.
On Monday, people got the chance to sound off at a Connecticut Insurance Department public meeting about proposed health insurance rate hikes for next year.
Word that some rates would increase 20% or more had lawmakers outraged at a press conference on Friday.
"Rate hikes in health...
Clal Insurance commits to buying credit card co Max
Last Thursday, the Clal Insurance Enterprises Holdings (TASE: CLIS) board approved the deal for the acquisition of credit card company Max, and on Friday evening the company signed a binding agreement with the controlling shareholder in Max, US private equity firm Warburg Pincus (70%). The agreement...
Lawmakers hold hearing to address proposed insurance rate spike
HARTFORD, Conn. (WTNH) – A public hearing will be held on Monday to discuss insurance rate hikes, as some major companies are proposing increases of more than 20%.
It is not uncommon for insurance companies to request rate increases, according to officials. It is uncommon, however, for those increases to be as high as 25%. But that’s what some...
Travel Insurance Is Hugely Popular This Year. So Are Claims.
SYDNEY—Travel insurance is becoming more popular than ever as people get moving again. That isn’t necessarily a good thing for the companies providing coverage.Global insurers say they are selling more policies and at higher prices as travel rebounds from the pandemic, with take-up among young people particularly strong. Some insurers have expanded coverage to include epidemics and pandemics...
Insurance companies are proposing significant rate hikes in CT. Here’s what to know
Insurance corporations that promote insurance policies on and off Connecticut’s Affordable Care Act alternate surprised advocates in July after they requested for a mean enhance of 20.4% on subsequent 12 months’s particular person well being plans.The proposed charge hikes, revealed by the state’s insurance division final month, additionally embrace a really helpful enhance of 14.8% on small group...
Bramley woman fined for allowing man to use car without insurance
A WOMAN has been fined and handed six penalty points for allowing a man to use her car without insurance.
Becky Thomson, 31, of Outgang Lane in Bramley, Leeds pleaded guilty to permitting the use of a motor vehicle with no insurance at Kirklees Magistrates' Court last Thursday.
She had previously pleaded not guilty...
How to get the best deal on your car insurance
Beyond this, all drivers should think about what stage of optionally available insurance they need to cowl the injury invoice for any automobiles or property concerned.Given the regularity of street accidents, it's positively value having at the least some stage of protection to guard in opposition to the nightmare situation that you simply collide with a Porsche. If...
