Saturday, May 19, 2012

Posts Tagged ‘Insurance’

California Officials Bust $17 Million Insurance Scam

A radiologist, a neurologist and two other people are accused in a $17 million workers’ compensation insurance over-billing scheme, according to Insurance Journal. The Orange County, California District Attorney’s Office and the California Department of Insurance released details of the case this week.

According to officials Dr. Sim Carlisle Hoffman of Newport Beach, a radiologist and owner of several medical practices, is charged with 592 felony counts of insurance fraud for one of his businesses, and 291 felony counts of insurance fraud for another. That means if he’s convicted he could face a sentence ranging from two years to more than 892 years in state prison. He’s

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5 Tips On How To Keep Your International Health Insurance Premiums Low

It’s a given to have international health insurance if you are traveling anywhere, especially outside of your country. If you insure your automobiles and property, then surely, your life is worth the investment.

However, you can keep your monthly or weekly payment for international medical insurance low by staying healthy. Here are some tips for travelers.

One, no matter what city you are in, find time to exercise. It could be jogging, going to the hotel gym, or swimming. There are less chances of getting sick if you have a good immune system from a physically fit body. W

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Insurance Tip for the Week: Learn About Car Theft Devices and Insurance Discounts

Finding all the ways you can to get an insurance discount is important to keep your future insurance costs down and to save immediate money. But, when you find an insurance discount that can also save you not just money but a lot of mental pain a grief, that is a great deal!

Car theft devices are once such discount. A stolen car is something that would turn most people’s lives upside down for more than a few days by causing a great financial burden and a huge disruption in the flow of life. Even with good insurance, the devastation of being a victim of auto theft still can cause all these issues.


Be prepared when shopping around for auto insurance

Preparation is key when comparing car insurance. In order to find the best auto insurance for your specific needs, you must be prepared when shopping for insurance.

Know the laws of your state

Find out how much insurance is mandated in your state. Locate your state’s department of insurance to find out the legal requirements for insurance.

Determine what type of coverage you need

Determine which type of insurance you would like to purchase. Depending on your state requirements, your banks requirements (if the car is financed), and your personal preferences, determine which types of auto insurance coverage you are going to buy.

Obtain a copy of your driving record

  • Get a copy of your driving record from the DMV. W
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    Flood Insurance Takes Center Stage

    There’s at least a little bit of good news for the homeowners and residents facing flooding along the Mississippi River. According to Insurance Journal, a House committee approved legislation that would extend the federal flood insurance program for five years. It also includes a plan for financial reform. This legislation would mean the National Flood Insurance Program will be around until 2016 and includes a plan to increase premiums, improve flood maps and receive more public input.

    The program is set to expire this fall and has been extended on a short term basis several times. It is currently in more than $17 billion in debt. “

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