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Climate Change Has Cost the U.S. Billions of Dollars in Flood Damage, Study Finds
Extreme rainfall fueled by climate change has caused nearly $75 billion in flood damage in the U.S. in the past three decades, a new study shows.
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Disasters Caused $210 Billion in Damage in 2020, Showing Growing Cost of Climate Change
The six costliest disasters of 2020 occurred in the U.S., topped by Hurricane Laura’s devastation, which caused $13 billion in damage after hitting Louisiana.
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Online Insurance Company Lemonade Closes Down Nearly 14% Ahead of Lockup Expiration
Shares had soared more than 300% above its initial offering price in July.
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You Might Want to Add These Extra Costs to Your Budget When Planning a Safe Vacation During Covid
With the vaccine rollout underway, now might be the time to cautiously plan your future vacation. Here are a few things that may end up costing you more.
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Health Insurance Enrollment Steady As Midnight Deadline Approaches
During a pandemic health care seems that much more of a necessity – especially with all the economic uncertainties of the COVID-19 crisis Connecticut residents without health insurance have until midnight tonight to get health insurance that starts on January 1, 2021. “I’ve been seeing more people upgrading their coverage this year. And people who have been without coverage...
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Health Insurance Enrollment Steady as Midnight Deadline Approaches
Tuesday was the last day to enroll in an insurance plan through the state”s health exchange, Access Health CT.
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Expecting a Baby? Make These Financial Moves Before Bringing Home Your Bundle of Joy
It costs over $200,000 to raise a child. Here’s what you need to do get your financial house in order.
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Health Insurance Exchange Enrollment Deadline Approaching
The deadline to enroll for insurance through Access Health CT is December 15.
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Surge Protection? Homeowners Say Power Company Needs to Do More
Tropical Storm Isaias knocked out power to hundreds of thousands of customers in Connecticut and caused millions of dollars in property damage. But for one neighborhood, the real damage happened when the lights came back on, and those homeowners say they have been left footing a chunk of the bill. The list of appliances residents say were damaged by a…
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Don't Overlook These 6 Money-Saving Employee Benefits During Open Enrollment Season
It’s open enrollment season, meaning it’s time to review your employer-sponsored plans and benefits. Here are six money-saving benefits you shouldn’t overlook.
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2020 Hurricane Season Is Busiest Ever Recorded, and National Flood Insurance Program Faces Over $20 Billion Debt
2020 has been the busiest hurricane season on record, with 29 named storms. Meanwhile, the National Flood Insurance Program is over $20 billion in debt.
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Affordable Care Act: Local Supporters, Opponents Discuss Future of the Legislation
On Tuesday, the United States Supreme Court heard oral arguments in what’s considered the latest chapter to repeal the Affordable Care Act. The U.S. Supreme Court could decide to repeal Obamacare or keep it intact. The piece of legislation started under President Barak Obama’s administration in an effort to provide low-cost health care. One of the people advocating for...
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Three Tips for Dealing with Fire Insurance
Consumer reporter Chris Chmura has helpful advice if you’re a homeowner affected by the North Bay wildfire.
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Some Insurance Companies Propose Rate Increases For Next Year
Connecticare and Anthem Blue Cross Blue Shield say rising health costs are behind a plan to raise rates next year.
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Mutual of Omaha Insurance Firm Removing Longtime Indian Logo
Insurance company Mutual of Omaha has announced it will replace its longtime corporate logo, which features a depiction of a Native American chief
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Roundtable Discussing Expanding HUSKY to Undocumented Communities
The full recording of a roundtable discussing the expansion of Connecticut’s HUSKY program to undocumented immigrants. Recorded on May 21.
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Insurance Department Calls for Lower Auto Insurance Rates
The state Department of Insurance is calling on insurers to consider lowering rates for personal vehicle plans and non-owned auto insurance due to the coronavirus pandemic. Commissioner Andrew Mais said fewer cars are on the roads due to social distancing, meaning fewer miles driven and a lower risk of traffic accidents. The department is requesting insurance companies that offer auto…
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Insurance Marketplaces Offer Help With Coronavirus Job Cuts
More than a million people could swamp the Affordable Care Act’s health insurance marketplaces in the coming months as employers lay off staff during the coronavirus pandemic.
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Governor Announces 60-Day Grace Period for Insurance Payments
The governor announced Wednesday a 60-day grace period for premium payments, policy cancellations and non-renewals of insurance policies beginning Wednesday, April 1. The move is designed to help those who have been furloughed, laid off or fired during the coronavirus crisis and are unable to make insurance payments. This includes life, health, automotive, casualty and other types of insurance plans….
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Governor, Insurance Commissioner Urge Insurance Companies to Provide Coverage, Premium Grace Periods During Coronavirus Outbreak
With tens of thousands of Connecticut residents seeking unemployment benefits, there is a growing concern about their insurance coverage and whether they will be covered during this coronavirus pandemic. Governor Ned Lamont on Tuesday said he is working to make sure they have the coverage he needs and is asking the insurance companies to help. “I am going to urge,…