Consumers

Triple-I Blog | US Consumers See Link Between Attorney Involvement in Claims and Higher Auto Insurance Costs: New IRC Report – Go Health Pro

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Triple-I Blog | US Consumers See Link Between Attorney Involvement in Claims and Higher Auto Insurance Costs: New IRC Report – Go Health Pro

According to a new survey conducted by the Insurance Research Council (IRC), most consumers believe attorney advertising increases the number of claims and lawsuits and the cost of auto insurance. The report, Public Opinions on Attorney Involvement in Claims, analyzes consumer opinions on attorney involvement in insurance claims and expands prior research. Overall, 60 percent … Read more

Triple-I Blog | Inflation Continuesto Drive Up Consumers’ Insurance Costs – Go Health Pro

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Triple-I Blog | Inflation Continuesto Drive Up Consumers’ Insurance Costs – Go Health Pro

By William Nibbelin, Senior Research Actuary, Triple-I Insurance is priced to reflect the underlying risk of every policy. When more claims are filed and the average amount paid of those claims increases, insurance becomes more expensive. A measure of underwriting profitability for insurance carriers is the combined ratio calculated as losses and expense divided by … Read more

What consumers need to know about unauthorized Marketplace plan changes – Go Health Pro

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What consumers need to know about unauthorized Marketplace plan changes – Go Health Pro

UPDATE, Sep. 19, 2024: Since this article was published, CMS has taken various steps to address the issue of fraudulent enrollments and unauthorized plan/broker changes. By mid-July, CMS had suspended 200 brokers for “reasonable suspicion of fraud or abusive conduct related to unauthorized enrollments or unauthorized plan switching.” CMS has also suspended two EDEs due … Read more

on the pre-contractual duty to analyse the consumer’s creditworthiness when granting credit – Official Blog of UNIO – Go Health Pro

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on the pre-contractual duty to analyse the consumer’s creditworthiness when granting credit – Official Blog of UNIO – Go Health Pro

Mariana Marques (Master’s student in European Union Law at the School of Law of the University of Minho)             Introduction In practice, financial institutions often grant credit without analysing the consumer’s creditworthiness. In most cases, credit is granted without analysing any variant that could compromise the borrowers’ financial capacity – and this is particularly prevalent … Read more