Category Archives: Insurance News
Insurance Bad Faith: Distinguishing Accident From Sickness
Disability insurance plans include different policy provisions that determine benefit payments based on whether your disability was caused by sickness or accidental injury. As we have previously discussed, the difference in benefits payments under the sickness and accident provisions is substantial. … Continue reading
Women with Disabilities Suffer Greater Risks than Men
A new study by The State Farm Center for Women & Financial Services at The American College indicates women have a higher risk of suffering both physically and financially from disability than men. One statistic in the study shows women … Continue reading
California Dept. of Insurance Fines Unum $8 Million for “Outlaw” Claims Handling
Over the weekend, the California State Department of Insurance reached a settlement with UnumProvident Corporation, fining Unum $8 million, the largest settlement in the agency’s history, with California Insurance Commissioner John Garamendi calling Unum an “outlaw company” that harmed consumers by … Continue reading