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Popular Articles
A ‘Glitch’ in Federal Health Insurance May Soon Be Fixed
Federal rules make it hard for relatives of people with job-based coverage to qualify for financial help in buying Obamacare insurance. The Biden administration wants to change that.
- Posted by: The New York Times 06/02/2022
‘Free Look’ for annuities offers safety valve if rates or circumstances change
With most financial products, you’re committed once you buy. Annuities are different. Because they can be complex, states require that insurance companies that underwrite annuities offer a “free look” period. During that window, you can cancel the contract and the insurer will return all your money. You won’t, however, earn any interest on the cancelled policy.
- Posted by: Ken Nuss 06/02/2022
The Impact of McHugh V. Protective Life Insurance Company One Year Later
The landmark California Supreme Court ruling clarified that the state’s insurance anti-lapse laws apply to all policies in effect when the law was passed. Many insurance companies still don’t comply, forcing litigation.
- Posted by: Christopher Hazlehurst, J.D. 06/02/2022
