May 10, 2021

Insurance

Michigan’s auto insurance law guaranteed Cadillac medical care. New law ended the warranty.

General Motors Co. guarantees customers a three-year, 36,000-mile bumper-to-bumper warranty on every vehicle the Detroit automaker sells.

But what if in the second year of the warranty, the government arbitrarily capped the reimbursement payments for GM dealerships by nearly half and forced them out of business?

Technically, the customer would still have their warranty. But it’s hard to fulfill that warranty when there’s no mechanic.

That’s essentially what the Michigan Legislature and Gov. Gretchen Whitmer have done to some 18,000 Michigan residents who were catastrophically injured in auto accidents, often through no fault of their own.

Auto insurance companies literally

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Does homeowners insurance cover roof damage?

When it comes to roof damage, homeowners insurance can help you reduce out-of-pocket expenses. However, not everything is covered. Here’s what homeowners need to know about roof damage coverage. (iStock)

There’s no doubt that home insurance can be complicated. Knowing what kind of coverage you have for different situations — such as sustained damage to your roof — and how much you have, can be difficult to understand. 

That’s why it’s better to be prepared. Here’s what homeowners should be familiar with when it comes to what roof damage will be covered under certain insurance policies and what

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The Hartford Insurance Review 2021: Auto Discounts for AARP Members

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The

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Cybercrime: Insurance giant Axa to stop covering ransomware payments in France

One of Europe”s top five insurers has said it will stop reimbursing people in France who pay up after being targeted by cybercriminals with ransomware.

The global insurance company said on Thursday that it will stop writing cyber-insurance policies that cover customers for extortion payments to ransomware attackers.

Ransomware attacks see criminals break into computer networks, seeding malware and scrambling data. Only after ransoms – often huge sums – are paid do the perpetrators provide software keys to decode it.

As of last year, some ransomware attackers also began stealing sensitive data before encrypting networks and threatening to dump it

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Some hospitals billing insurance for coronavirus shots :: WRAL.com

— Although the federal government is paying for the coronavirus vaccine, meaning it’s free to anyone who wants it, some hospitals are charging insurance carriers for giving the shots.

Bruce Macbeth, of Aberdeen, got two doses of the Moderna vaccine, in January and February, at Hoke Healthcare, in Raeford. Last week, he received a letter from Medicare saying that the hospital had charged the federal insurance program for senior citizens $113 for sticking a needle in his arm twice.

“They’re charging whatever they want just to get income,” Macbeth said Thursday.

Hoke Healthcare

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Insurance adjuster didn’t turn off his audio before calling judge an ‘idiot’

Trials & Litigation

Insurance adjuster didn’t turn off his audio before calling judge an ‘idiot’

Image from Shutterstock.com.

A California judge was asking jurors to sit in socially distanced seats when an online voice could be heard on the courtroom speakers. Using the F-word, the person referred to the judge as an “idiot.”

“Well, I’m sorry you think I’m an idiot, but I really think you ought to mute your microphone before you say that,” replied Judge Roberta Hayashi of

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