Six million customers overpaying insurance premiums, FCA says

Six million home and motor insurance holders are overpaying by a total of £1.2bn per year because firms are not giving loyal customers fair premiums, a watchdog has warned.

The Financial Conduct Authority (FCA) found evidence of insurers overcharging long-standing customers through tactics such as selling policies to new consumers at a discount, then increasing premiums when they renew.

How To Switch Your Current Car Insurance Provider

There are times in life when a change is needed. That moment may come when analyzing insurance costs and services. If the current provider is no longer deemed worthy of your money, a change is needed. Check the following 6 steps for a facile switch. 

Car insurance price hikes to be banned - new rules coming to end rip-offs

Competition isn't working and people are still being ripped off.

That's the conclusion of a new report by the Financial Conduct Authority - and the watchdog isn't going to take it lying down.

In fact, it's planning a whole series of new rules aimed at forcing insurance firms to play fair with their customers.

Trump issues executive order to expand private Medicare insurance plans

President Donald J. Trump signed an executive order that directs HHS to take action to provide more insurance plan options under Medicare Advantage and to remove regulations that are burdensome to health care providers.

Survey: Family Health Insurance Now Averages More Than $20,000 A YearSurvey: Family Health Insurance Now Averages More Than $20,000 A Year

According to a recently released report, extending employer-provided health coverage to the average American family equates to buying that family a moderately-priced car every single year. This provides further proof that Barack Obama “sold” a lemon to the American people in the form of Obamacare.

Readers’ Choice 2019: Insurance Agent/Company

Readers’ Choice 2019: Insurance Agent/Company

How to be the model driver — to get a break on your car insurance

MONTREAL — Car insurance rates are on the rise across the country, but if you’re will to make a few adjustments you can find ways to insure your ride without breaking the bank.
Last quarter Ontario saw premiums go up nearly 14 per cent year over year to mark two consecutive quarters of record highs, according to price comparison firm LowestRates.ca.
In Alberta, auto insurance prices climbed more than 16 per cent, a new record for the province.
“The best advice I can give on getting the best rate is, be a safe driver,” said Pete Karageorgos, head of consumer and industry relations at the Insurance Bureau of Canada.