September 22nd, 2011Pay $10m fire claim, insurer told

RUDI SAGL June 25, 2008. Rudi Sagl poses for portrait among the treasures of his past now hanging in a modest Mississauga home. For business story by James Daw . Rene Johnston/Toronto Star

Chubb Insurance of Canada has again been ordered to pay a Mississauga divorcee for the loss of her home, art and jewelry in a 1997 house fire. With interest and her legal fees, the cost of denying the near $4.5 million claim will be nearly $10 million.

When Bridgette Sagl claimed nearly $4.5 million in losses after her second house fire on the same Mississauga street in five years, the company, a specialist at insuring high-value homes and possessions, refused to pay.

Chubb Insurance Co.

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If you’re like me, you’ve felt the pinch of gas prices this winter. In fact, I can still remember the days when gas was ninety nine cents. And remember when gas rose to over a dollar? No one could believe it!

Well, as you and I both know, those days are long gone. But there are still ways boaters can have a great time on the water and save money. So today, let’s look at some ways you can save money on gas while boating this summer.

How to Save Money on Gas While Boating

  • Make sure your propeller allows your specific boat motor to rotate at the designated revolutions specified by the manufacturer. Try t

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A life settlement company and its principal allegedly created a $4.5 million Ponzi scheme that authorities say enabled him to put $21,000 toward his school loans, buy more than $5,000 in cowboy boots and pay nearly $5,000 to register for a dating service.

The U.S. Securities and Exchange Commission obtained an emergency court order to halt an alleged $4.5 million investment scheme by the Los Angeles-based company that purported to broker life settlements.

The SEC alleges that Daniel C.S. Powell and his company Christian Stanley Inc. spent the past seven years creating the illusion that it was a legitimate company involved in the life settlement industry.

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Insurance is extremely important and comes in many forms. There is of course house insurance, car insurance, landlord insurance, building insurance, personal belongings insurance and an array of other options.

There are, however, a few more serious options to consider and these come in the form of life insurance and Critical Illness Insurance. Full Article…

Life insurance is all about risks. Life insurance actuaries examine all the statistical data available about a potential individual to calculate the likelihood of their death. This information is then used to determine what kind and how much life insurance one should purchase. The information is also utilized to set the life insurance premiums. For example, smokers are statistically expected to die sooner than would a non-smoker. This means the insurance company would have to pay out sooner on the life insurance policy for the smoker than the non-smoker so as a result a higher life insurance premium is charged. Full Article…

One thing about car insurance that makes it irrefutable is that the law set it as a pre-requisite to drive. Across states enacting laws governing motor vehicle insurance varies thus if a person tends to move a lot from one place to another well his/her situation will be changing a lot as well.

It is best if you have an ample idea on what these laws are but this is not to say that you have to memorize all the states laws of all the states in the United States. Well just a sufficing idea would not hurt.

If you are a teenager it is good to know that there are different rules across states with regards to young drivers. Full Article…

With such a drastic shift in the economy there has also been a shift in what finances retired couples have to live on.  And because the quality of life in this country has never been better or more expensive to maintain, life insurance is very important but a very difficult process with many difficult decisions to make.  Here is a list of 43 blogs reviewing the best life insurance plans for older couples to aid in that process.

  1. Term Life Online – This blog gives warnings about specific life insurance policy limitations for older couples and seniors and sources for rate quotes.
  2. Benefit House – This blog gives information about life insurance services for older couples that promise no hard selling and no medical exams are required.
  3. Suite101 – This blog is a guide for how older couples can get the best deal and save some money on their life insurance purchase.
  4. Senior Life Insurance Review – This blog reviews Medicare supplemental life insurance and what each part will cover.
  5. ArticlePinch – This blog explains joint life insurance and why it is a very favorable option for many older couples.
  6. InetList – This blog is about how to navigate through competitively priced life insurance and what options you may have as a couple.
  7. Term Life Insurance Quote – This blog explains what term life insurance is, what it covers why it is the best, and why older couples need it.
  8. Zunley – This blog covers which types of life insurance options are best for all stages of life including working and retired older couples.
  9. Vitality – This blog has a comprehensive explanation of term and whole life insurance policies for older couples who are California residents.
  10. Steve’s Blog – This blog is about how older couples who are not prepared may need to depend on outside family and friends rather than the safety net that life insurance provides.
  11. Universal Life Insurance Quote – This blog gives simple explanations of the best types of life insurances available to older couples.
  12. Compare Medical Insurance Plans – This blog compares different types of life insurance plans and pairs them with different ages of people including the elderly and older couples.
  13. Level Term Life Assurance – This blog was written with the intent focus on older couples and if joint life or two single life insurance plans are really best.
  14. Life Insurance for Senior Citizens – This blog has real facts for older couples about which life insurance policies are best and what should be important at this stage in your joint life.
  15. Life Insurance No Medical Exam – This blog is a guide to the five steps of informed decision making about the best life insurance for older couples and other demographics.
  16. AARPHealth Insurance – This blog is about the different plans under the Medicare life insurance plans and why they may be the best choice for older couples as supplemental life insurance.
  17. Stumble Forward – This blog lists 7 reasons why term life insurance is the best for older couples.
  18. Ensuring the Life – This is a blog about term life insurance for older and elderly couples and why this type of life insurance is often the best choice.
  19. Roof Cost – This blog explores the most necessary types of insurance that older couples and elderly persons should have in order to be prepared and prepare their families for future and final expenses.
  20. EzineMark – This blog is about variable life insurance and why it is important to read the entire policy before committing as it may not be the best for every older couple.
  21. Gaudette Life Insurance – This blog is a guide for older couples who may not know a lot about their options and what is best when purchasing life insurance.
  22. Insurance Coverage – this blog gives an overview of a recent poll and gives some oversight of some life insurance types and which may be best for different types of people including older couples.
  23. Health insurance Products – This blog explains what an older couple may need to consider using life insurance for in order to consider which policy may be best for them.
  24. 10 Minute Term Life – This blog takes an investigative look at whole life insurance with no physical exam and exposes whether older couples are being scammed.
  25. Inexpensive Term Life – This blog has tips for older couples who are shopping inexpensive life insurance and want the best deal and the best features to fit their lifestyle and needs.
  26. Life Assurance Quote – This blog discusses the joint life vs. the single life option for older couples and weighs whi

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Medically vulnerable individuals enrolled in high-deductible health plans are not at a greater risk for cutting back on necessary health services than non-vulnerable enrollees in high-deductible plans, according to a new study by RAND Corporation,

For the study, researchers analyzed data on more than 360,000 U.S. families enrolled in high-deductible health plans through 59 large employers between 2003 and 2007. In particular, researchers examined how high-deductible plans affected families living in low-income areas and families that had a member with a serious chronic condition.

Key Findings

Some health advocates have expressed concern that high-deductible plans could spur low-income families and people with chronic illnesses to forgo necessary medical care.

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