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Consumer Alert: DFR warns of potential health insurance scams

Vermont Business Magazine The Vermont Department of Financial Regulation (DFR) has seen an uptick in health care scams. DFR reminds Vermont residents that the only legitimate, State-certified individual health insurance plans available in Vermont are Qualified Health Plans. Qualified Health Plans are only...

Is pet insurance too expensive?

WORCESTER - When our pets are sick or hurt, we will do anything to help them. But an emergency visit to the vet can cost thousands. Since the pandemic, there has been a big spike in pet owners getting pet insurance. Just like auto...

Ben Albritton tells insurance companies, ‘We are watching’

In his first speech after assuming the gavel as President of the Senate, Ben Albritton put property insurance companies on notice that he’ll be watching how well they treat policyholders who suffered property damage during the recent hurricanes. “Be assured, together, we are going...

California insurance plan could increase rates for homeowners

Reinsurance costs alone are estimated to raise rates 30 to 50 percent. SAN DIEGO — California's Department of Insurance has a plan to address...

CFPB Head Rohit Chopra Calls For Deposit Insurance Reform

America’s top consumer watchdog is calling for deposit insurance reform. Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) made this argument last week following the failure of Oklahoma lender The First National Bank of...

How Insurance Can Help Manage the Darkside of 4 Emerging Technologies : Risk & Insurance

Whether it's AI or self-driving cars, new tech seems promising to many. Are we ignoring potential pitfalls? ...