It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer...
Behavioral economists know well the power of instant gratification and overoptimism that too often lead to poor decisions — like reaching for an extra slice of cake or putting off the dreaded morning run. The behavioral biases play out in a simple paradox: People overconsume health care but underconsume prevention, and insurers or taxpayers are left with the bill. The same plays out with many lines of insurance, where the immediate benefits of poor choices outweigh the often hidden cost of dealing with their consequences, such as reckless dri ...
Insurance companies are reducing coverage in climate-dangerous markets, leaving many homeowners without affordable property insurance options.
More info ; How to appeal an insurance company decision · Internal appeals · External Review
Captive insurance companies can be helpful when the commercial insurance market is unable or unwilling to provide coverage for certain risks. Drawbacks include overhead expenses, compliance...
With United Healthcare leading the pack, these are the 10 biggest insurance companies by revenue.
Bad faith insurance refers to a number of ways insurance companies may attempt to escape obligations owed to policyholders.
It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.
When you apply for a life insurance policy, the insurance company will gather a lot of information about you, such as your age, gender and health. Most importantly, the insurer will gather plenty of details about your health and the prescription drugs you take. But does taking an at-home DNA test such as one from 23andMe or Ancestry could hurt your chances of getting life insurance? · Life insurance companies don’t consider at-home tests to be reliable, including DNA ancestry tests. “Those things have nothing to do with mortality or your h ...
Stock insurance companies can raise capital by distributing shares, whereas mutual insurance companies can only raise capital by borrowing money or increasing rates. History of Mutual...