The mayor of Abbotsford says the British Columbia farming community has come a long way since devastating flooding in 2021—but still has far to go with long-term recovery and repairing peace of mind for residents. “People are very anxious,” Ross Siemens said Thursday. “Every time there’s a storm here you get a little nervous.” Siemens…
Federal Disaster Aid Program for 2021 BC Floods Now Tops $1 Billion
Family Finances: Reshopping Auto Insurance in a High-Inflation World
By David Rodeck From Kiplinger’s Personal Finance The auto insurance market, like the rest of the economy, is dealing with the aftermath of a global pandemic and soaring inflation. “Insurers went from record profits in 2020 to record unprofitability,” says Adam Pichon, general manager of auto insurance at LexisNexis, a data analytics firm. “Many insurers…
US Health Insurer Rewards Members for Tracking Activity With Wearables
U.S. insurance company UnitedHealthcare has introduced an incentive program designed to reward members with up to $1,000 each per year for embracing healthy behavior monitored by wearable trackers. The insurance company said members can earn financial rewards as incentives for completing daily and one-time activities, such as achieving a certain number of steps, tracking sleep,…
Life Insurance Tactics for Small-Business Owners
Having a small business often means that it is the only income available to support a family. Fluctuations in business can result in money being tight at times. In the event of the business owner dies, the family can suddenly be put into dire straits financially, with the only way out being to sell the…
HSA vs. FSA: What Are the Key Differences?
January 26, 2023
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By Entrepreneur Staff When researching the best healthcare plan for you, thoroughly exploring your options is vital. Throughout your search, you may come across HSAs and FSAs. For more information on what they are, their pros and cons and the key differences between the two, check out the information below. What Is an HSA? A…
Insurance Payments to Drug Addicts Lead to Relapse: Treatment Center Reps
January 10, 2023
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A provision of insurance reimbursement that is made directly to patients, specifically for substance abuse treatment, continues to be scrutinized, as some say the practice can lead to relapse. While some states have created laws stopping such payments, California is not one of them. The issue occurs when patients see a provider outside of their…
The Savings Game: The Advantages of Life Insurance Over Retirement Accounts
By Elliot Raphaelson From Tribune Content Agency Although Ed Slott (IRAhelp.com) is an expert in IRAs and other retirement plans, he consistently points out that permanent life insurance has significant advantages for long-term retirement planning. The ramifications of the SECURE Act of 2019 only magnify these advantages in contrast to investing through taxable retirement accounts….
15 Million Americans Set to Lose Medical Coverage as Public Health Emergency Ends
America is facing a health crisis and it isn’t made up of bacteria or viruses—instead, it’s an impending medical insurance meltdown. There is an expectation that as of Jan. 11, 2023, an estimated 15 million Americans will begin to lose health coverage. The reason is that after three years of a COVID-19 public health emergency,…
Family Finances: Why You Need Renters Insurance
By Emma Patch From Kiplinger’s Personal Finance Most homeowners know that they need homeowners insurance to cover loss or damage to their property—and if you have a mortgage, you usually have no choice. But if you’re one of the more than 100 million Americans who rent their residence, don’t overlook the value of renters insurance….
Most Small SUVs Flunk Updated Insurance Industry Crash Tests
DETROIT—Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before. That’s because the Insurance Institute for Highway Safety updated the test so it places more emphasis on keeping back-seat passengers safe. Only the Ford Escape and Volvo XC40 got the…
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