When you ask someone who lives in Miami what it is they love, they might say that the weather is fantastic, others may mention the culture and some may talk about the nightlife. But if there is one thing that everyone living on the coast of Florida shares, it is the threat of a hurricane.
Health insurance is one of the biggest topics in politics today.
When you applied for your homeowners’ insurance policy, did you disclose any liens filed against you or anything else from your past that might have marred your credit history? Are you sure about your response?
Since so many aspects of life are unpredictable, Florida residents frequently take precautions by maintaining a homeowners insurance policy. When storms inflict damage or someone is injured on a person’s property, insurers can provide much-needed support for homeowners.
Insurance protection is always looked at as a necessary nuisance and expense-no one wants to buy it but we all understand it’s needed in the event of certain circumstances. What’s worse is not knowing whether our current coverage is enough or if additional protection is needed-particularly when we are traveling.
The basic premise behind the Affordable Care Act is to reduce the overall cost of healthcare. The law precludes insurance carriers from denying coverage for preexisting conditions and it also allows younger individuals to remain on their parent’s health insurance plans until they reach the age of 26.
The Florida Supreme Court handed down three decisions settling insurance disputes on July 3, 2013. The cases were very different: One dealt with a reimbursement issue, another with an automatic benefit increase and the last with replacement cost coverage. In our last two posts, we reviewed the first two decisions. Here, we will tackle the third.
We are continuing our discussion of three Florida Supreme Court decisions handed down earlier this month. As we said in our last post, insurance companies did not prevail in any of the cases.
Insurance companies did not fare well in three recent Florida Supreme Court decisions. Two cases sprang from policyholder complaints, while the third involved a medical provider. If policyholders — be they individuals or businesses — take one thing away from these decisions, it should be to read every policy carefully.
We are discussing a recent U.S. Supreme Court decision regarding the proceeds from a life insurance policy. The insured was covered under the Federal Employees’ Group Life Insurance plan, and when he passed away in 2008 his widow discovered that the named beneficiary on the policy was his ex-wife. The insurer distributed the proceeds to the ex-wife, and the widow sued.
