Tag Archives: Insurance

Why auto insurance costs are rising at the fastest rate in 47 years

Why auto insurance costs are rising at the fastest rate in 47 years

As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the prior year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the prior year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting… Source link

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Farmers Insurance Open Picks and Strategy

Farmers Insurance Open Picks and Strategy

Farmers Insurance Open La Jolla, CaliforniaTorrey Pines (South Course) – Par 72 – 7,765 yardsTorrey Pines (North Course) – Par 72 – 7,258 yardsField – 156 entrantsPurse – $8.7M The Preview The birdie-fest haters are licking their chops for what projects to be a difficult setup at Torrey Pines, where the Farmers Insurance Open hosts a full 156-man field that should expect to see nearly four-inch rough, lining narrow fairways into small poa greens on the extremely long South Course. An abnormal… Source link

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Google can now help you find doctors who accept your health insurance

Google can now help you find doctors who accept your health insurance

Looking for a new doctor who takes your health insurance? An update to Google search might make that easier. Google announced updates to search results providing more information on doctors, such as which insurance providers they accept and what languages they speak in their offices. For example, if you search for doctors near your city, it will pull up results you can refine with details such as “accepts Medicare.” When you search for a specific doctor, you can click on an option to check… Source link

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Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts

Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts

Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot program similar to one already adopted by Tesla. Newly listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance discounts of up to 35% to the safest drivers using the Yandex.Drive app. Yandex did not disclose the terms of the deal, and Renaissance… Source link

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State orders new car insurance ‘stimulus checks’ — are you due another refund?

State orders new car insurance ‘stimulus checks’ — are you due another refund?

State orders new car insurance ‘stimulus checks’ — are you due another refund? While Washington stopped entertaining the idea of a fourth stimulus check, advocates and at least one state are still pushing car insurance companies to hand you some COVID-19 cash. Some insurers paid discounts and rebates to policyholders when they reaped soaring profits as Americans stayed home more during the Great Driving Slowdown in 2020. Yet government officials, advocacy groups and a class-action… Source link

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Why Bitcoin is like ‘doomsday insurance’ as traders mull flash crash, El Salvador

Why Bitcoin is like ‘doomsday insurance’ as traders mull flash crash, El Salvador

Bitcoin’s hasty retreat from $50,000 in the wake of El Salvador’s widely publicized move to allow the digital coin to be used as legal tender left many in the marketplace scratching their heads. In whipsaw trading on Wednesday, Bitcoin (BTC) was down by nearly 2% on the day, though off its steepest declines of the day. Since hitting its Mid-July low of $29,000, Bitcoin has rallied, hitting nearly $53,000 early Tuesday morning before plummeting to a low of $45,000. As investors mulled a “flash… Source link

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This is your last chance to get free health insurance from Biden’s stimulus package

This is your last chance to get free health insurance from Biden’s stimulus package

This is your last chance to get free health insurance from Biden’s stimulus package Americans have just hours left to claim free health insurance for the remainder of the year, courtesy of President Joe Biden’s pandemic rescue package. White House officials are urging anyone interested in a zero-premium plan to submit an application by Sunday, Aug. 15 at midnight local time. Both wealthy and low-income Americans are welcome to apply — and although there is one big eligibility requirement,… Source link

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Everyone’s buying a Tesla — but are they prepared to pay for the insurance?

Everyone’s buying a Tesla — but are they prepared to pay for the insurance?

Everyone’s buying a Tesla — but are they prepared to pay for the insurance? If you feel like you’re suddenly seeing that shiny metal “T” everywhere on the road, you’re not mistaken. Electric vehicles sales are soaring, and Tesla is leading the charge. EV sales in the U.S. nearly doubled in the first quarter of 2021 compared to the same time last year, says a new report by Experian, with Elon Musk’s car company commanding a 71% share. Tesla also recently announced that it doubled its worldwide… Source link

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A new Biden stimulus benefit offers free health insurance for 6 months

A new Biden stimulus benefit offers free health insurance for 6 months

A new Biden stimulus benefit offers free health insurance for 6 months The massive COVID rescue package President Joe Biden signed back in March — the same law that included $1,400 stimulus and the monthly payments for families that start next week — is now offering free health insurance to millions of Americans, through the end of 2021. The benefit’s zero-premium health plans became available on July 1, with no income limits for qualifying. But there is one major eligibility… Source link

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