Insurance

The Cost of Car Insurance Rose More Than 22% Through April to $1,280

Premiums are expected to keep rising as insurers look to make up for years of lost price hikes during the pandemic.

FSA vs. HSA: What to Know About the Accounts That Pay Medical Costs

Participants forfeited an average of $441 in use-it-or-lose-it FSA accounts, while high-deductible HSA accounts mainly benefit the wealthy.

Sign Here? Financial Agreements May Leave Doctors in the Driver’s Seat

Transgender man who dip into his retirement savings to pay for top surgery fight an unexpected bill despite receiving preauthorization.

Nearly 1 in 4 Adults Dumped From Medicaid Are Now Uninsured

Another 28% who lost their coverage found other insurance, some of them through Medicare, according to the same new KFF study.

Soaring Car Insurance Costs Hit New-Car Buyers

In one of the cruel twists of an inflation-weary U.S. economy, car prices are coming down — but insurance on them is going way up.

Insurers Report Rising Hail Damage Claims

Insurers are reporting bigger hail losses. In 2023, State Farm paid 27,300 claims for hail damage to homes and businesses.

Lawsuits Over Baltimore Bridge Collapse Likely, Though Limited

Legal experts explain why it’ll be difficult for the city of Baltimore and impacted businesses to recover economic damages.

Baltimore Bridge Collapse Likely to Result in Multibillion-dollar Insurance Claims

Insurer Lloyd's of London and credit-ratings provider Morningstar DBRS mull costs of what may become the largest marine-insurance loss ever.

Biden Administration Tightens Rules on Short-Term Health Plans

The new rule reverses a move by the Trump administration to give consumers more access to cheaper but skimpier health insurance plans.

Insurance Costs Are Pushing Up Overall Inflation

Vehicle insurance is the one adding notably to overall inflation, said Omair Sharif, founder of research firm Inflation Insights.

Latest News

Bluespring Wealth Partners Acquires Scottsdale, Ariz., firm

Led by husband and wife Kevin and Carrie Dick, KDI Wealth Management oversees $750M in client assets and is rated in the top 10 in state by Forbes.

Judge Halts Rule Capping Credit-Card Late Fees

A federal judge in Texas halted the Consumer Financial Protection Bureau's new rule capping credit card late fees at $8.

Inflation, Economic Uncertainty Upending Retirement Dreams for Many

Nationwide’s Advisor Authority survey finds many are taking non-traditional approaches to retirement, including moving in with their adult children.

Perigon Wealth Management Appoints Head of Advisor Success and Integration

Maria Daley has more than 30 years of experience leading business development and relationship management teams.

SEC Wants RIAs to Verify Customer Identities

The SEC and Treasury say the rule is needed because customers have used RIAs for illicit foreign financial activity in the United States.

Concerns About Insufficient Savings Keep Many Retirees Awake, Survey Finds

Among those in retirement, 32% fear they have too little savings, according to the Schroders 2024 US Retirement Survey.

Families to Save $10 Billion Annually in Credit Card Late Fees

This estimate comes from the Consumer Financial Protection Bureau, whose new rule capping late fees at $8 is effective May 14.