Latest Personal insurance News

Analysis: Florida insurers made money last year for first time in 7 years

Mar. 25, 2024 11:58 AM EDT

ORLANDO, Fla. (AP) — Florida insurance companies made money last year for the first time in seven years, thanks to investment income and a mild hurricane season, according to an analysis conducted by S&P Global Market Intelligence. A group of around 50 insurers reported $147.3...

Do I really need supplemental insurance (Medigap) with Medicare?

Jan. 10, 2024 13:02 PM EST

About 41% of Original Medicare beneficiaries had Medicare Supplement Insurance, or Medigap, in 2021, according to a February 2023 report summarizing enrollment data from AHIP, a national health insurance trade association. For the other 59%, Medicare has some “gaps” that could be costly. ...