By Robert J. Shiller, May 24, 2014 The third National Climate Assessment report — released on May 6 by the White House, and representing the work of more than 240 scientists — warns us about our hazardous future and offers many good ideas for dealing with it. But a most important point may be lost in the crowd. After discussing …
Read More »Bribery, ObamaCare Style
Investors.com, May 21, 2014 Bailouts: Last Friday, the Obama administration quietly expanded an insurance industry bailout program that it publicly insisted never existed. In exchange, Obama wants a big political favor from insurers. Last week, the administration promised insurers it would use “other sources of funding” to protect their profits “in the unlikely event” that ObamaCare costs more than expected. …
Read More »‘Fast & Furious 7’ Insurance Claim Could Reach Record-Breaking $50 Million
By Kim Masters, May 21, 2014 When Paul Walker was killed in November in the midst of shooting Fast & Furious 7, it was clear the actor’s untimely death could trigger by far the largest insurance claim in Hollywood history. That now appears to be the case as the project is undergoing an effects-packed 13-week shoot that will culminate in …
Read More »Canine costs: Which dogs will make your insurance rates rise
By KFOR-TV & K. Querry, 5/19/2014 Americans are known to love their dogs but a new survey shows your playful pooch may make it harder for you to get insurance. According to Bankrate, if you own a certain breed of dog, you may have a hard time getting homeowner’s insurance. Officials say some breeds are more likely to bite and …
Read More »The unemployment insurance graveyard
By Burgess Everett, 5/18/2014 Senate negotiators toiled for months to revive long-term unemployment benefits in a manner that could draw the support of both centrist Republicans and liberal Democrats. But in a few days, that effort will be all for naught. The jobless aid bill that narrowly passed the Senate in early April would extend the benefits to June 1 …
Read More »Health Insurance Surcharge Has Vapers Fuming
By Liz Neporent, May 8, 2014 Under the Affordable Care Act, insurance companies can charge smokers and other tobacco users up to 50 percent more than non-smokers for a health insurance policy. But where do e-smokers fit in? E-cigarettes are battery-operated nicotine inhalers that consist of a rechargeable lithium battery, a cartridge called a cartomizer and an LED that lights …
Read More »Here to Stay—Beyond the Rough Launch of the ACA
By Henry J. Aaron, May 7, 2014 Open enrollment for 2014 insurance coverage under the Affordable Care Act (ACA) ended on March 31. When the White House reported that enrollment had reached the targets, one could almost hear sighs of relief from supporters and gnashing of teeth by opponents. In truth, meeting the enrollment targets made clear only that the …
Read More »Envisioning the End of Employer-Provided Health Plans
By Neil Irwin, May 1, 2014 The days of Americans getting health insurance through their employers may be numbered — and the change could be just as profound as the shift of employers forcing employees to manage their own retirement savings. As the Affordable Care Act goes from thousands of pages of legalese to actual, real-life public policy, the future …
Read More »Walmart is entering the auto insurance business in its latest move to offer affordable financial services to customers.
First Coast News, April 30, 2014 Walmart is entering the auto insurance business in its latest move to offer affordable financial services to customers, the company announced Wednesday. The world’s largest retailer is partnering with AutoInsurance.com, a price-comparison and shopping website. The website was created after Walmart approached parent company Tranzutary Insurance Solutions with the idea to create an integrated …
Read More »Few have sought exemption from health-care mandate that they have insurance or pay fine
By Sandhya Somashekhar, April 25, 2014 The government left the door wide open for millions of Americans to be excused from the Affordable Care Act’s requirement that most people must carry health insurance or pay a fine, but so far relatively few have asked for such a pardon. About 77,000 families and individuals have requested exemptions from the health-care law’s …
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