Skip to:

Insurance

insurance

 

Articles About Insurance and
Insurance Resources

Also see Health Care Reform Act

 

Articles

  • A Life Insurance Strategy for Families With Special-Needs Children (10/12/16)
    For families who have children with special needs the question typically isn’t whether the parents should own life insurance, it’s how much they can afford.

  • Death Takes a Policy: How a Lawyer Exploited the Fine Print and Found Himself Facing Federal Charges (Pro Publica – 8-24-12)
    Caramadre portrays himself as a modern-day Robin Hood. He's an Italian kid from Providence, R.I., who grew up modestly, became a certified public accountant and then put himself through night school to get a law degree. Federal prosecutors in Rhode Island and insurance companies paint a very different picture of Caramadre: They say he's an unscrupulous con artist who engaged in identity theft, conspiracy and two different kinds of fraud.

  • Finding a Loved One's Life Insurance Policy (MIB)
    Life insurance policyholders may fail to inform the beneficiary(ies) of a policy's existence. Today, consumers have several options available to them when searching for life insurance policies for deceased family members.

  • We’re All Gonna Die, Might As Well Make Some Money Off It (The Consumerist – 8-28-12)
    Imagine that you, your spouse, or a beloved relative is terminally ill. A man approaches you and asks whether your family would be interested in a little proposition. Your relative would need to provide their name, Social Security number, and a signature or two. In return, they would receive a few thousand dollars. Sounds like an identity theft scheme, doesn't it? Only it was all perfectly legal.

         

Resources

  • File a Consumer Complaint (NAIC)
    From this page, you can file a complaint directly with your state insurance department.
  • Insurance: Legal Definition and Overview (Cornell University Law School)
    A contract in which one party agrees to indemnify another against a predefined category of risks in exchange for a premium.  Depending on the contract, the insurer may promise to financially protect the insured from the loss, damage, or liability stemming from some event.  An insurance contract will almost always limit the amount of monetary protection possible.
  • Michigan Unemployment Insurance Project (MiUI)                                                                                                                                                 They are a non-profit that provides free Unemployment Insurance advocacy, advice, assistance to Michigan workers.  They currently serve workers in eleven counties, including Wayne, Oakland, Saginaw, and Monroe. 
  • NAIC Introduces National Life Insurance Policy Locator (11/22/16)
    The National Association of Insurance Commissioners (NAIC) today announced a national service that provides consumers with search capabilities to help them find a deceased person's lost life insurance policies and annuities.
  • National Association of Insurance Commissioners (NAIC) 
    Finding an insurance company can be a challenge. The NAIC’s Consumer Information Source (CIS) provides information about insurance companies you can use BEFORE purchasing insurance. You can access key information about insurance companies, including closed insurance complaints, licensing information and key financial data.

All PEKD Advocacy pages related to Insurance: