The Latest on Healthcare reform

Well, it happened. It looks like if you don’t have health care, there will be a fine. So we have no universal health care at this time, but we do have the possibility of a fine for those who don’t have health care? Doesn’t that seem like we took a step backward? These people already [...]

AIG bailed out then sells?

AIG, according to this article I just read, has sold some of its assets away. I may be wrong, but I don’t think that after we have bailed out this company, we should let them sell. Why not give in, declare bankruptcy and let the government sell the rest of the assets? This way, we [...]

Insurance, a fraud?

“Columbia, S.C. – July 15, 2009 – Sherry Arrington, 37, 121 Grafton Lane in Lexington, pled guilty Tuesday in Richland County General Sessions Court to Presenting False Claims for Payment of more than $1,000 but less than $5,000 and Forgery of less than $5,000, both punishable by up to five years and/or a fine. The [...]

Tour insurance coverage- Is it worth it?

Traveler’s insurance and Tour insurance may seem like a far away idea used mostly by high up business men and people in the performance business, but is it worth it for the every day person? Recently we have all heard of the death of one of our most ingenious musical minds, Michael Jackson. After passing [...]

Florida and Foreclosure

Many of the banks in Florida have given out mortgages to people who cannot afford to pay them back at the time that they requested the money, so there are more and more foreclosures in Florida. The other day on the television I watched a man walk through many houses and talk about the deals [...]

Funny Insurance Videos

Hey, I thought you might enjoy these videos, I know I did.
http://www.youtube.com/watch?v=Btb4_b-U_EM&feature=related
http://www.youtube.com/watch?v=uqWd4D-GXAc&NR=1
http://www.youtube.com/watch?v=Vo3AtOPNiYo&feature=related
http://www.youtube.com/watch?v=1jSloiG2uUA&feature=PlayList&p=B9DA3C257995BD19&index=50&playnext=3&playnext_from=PL

Broken Ankle Insurance?

This is pretty funny.

Farmer ‘murdered wife with tractor to claim £400,000 life insurance’

http://www.telegraph.co.uk/news/newstopics/politics/lawandorder/3385324/Farmer-murdered-wife-with-tractor-to-claim-400000-life-insurance.html
I am not sure if they have enough evidence to convict him. The main story suggests that he ran over her on accident with his tractor when they were out in the fields together. He ordered her body to be cremated after her death so now that they suspect he might have done it on [...]

Consumers to Benefit From State Regulator & IMSA Collaboration

I just read this article, Check it out: http://www.marketwatch.com/news/story/Consumers-Benefit-From-State-Regulator/story.aspx?guid=%7B3488E597-B0E0-41F4-AEBD-F7E89976B621%7D
“We believe the IMSA report is an important first step toward the goal of ensuring that all annuity sales to consumers are suitable,” said Roger Sevigny, NAIC President-Elect and New Hampshire Insurance Commissioner.
IMSA
State and Federl regulators are looking to understand more about the current practices companies use [...]

Insurance firm fined over sales to seniors

A life insurance firm was fined over selling annuities to seniors. They were selling them policies that used most if not all of their money. This kind of scandal is the worst. These people have worked in this country and are the ones that need life insurance the most to protect their spouses and children. [...]