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#insurance

18 posts17 participants5 posts today

Home insurance company weirdness today:

12:01 pm I get call from my electrician setting the date to replace my external electrical panel, as my insurance company said I must (after originally saying only the internal panel needed to be changed).

12:23 pm I get an email from my insurance broker saying the non-renewal was rescinded and I'm fine — without doing anything regarding the external panel.

I'm going to go ahead with the external work, because who knows with this insurance company. What if they change their mind yet again?

Replied in thread

@MichaelPorter @EricLawton @mytwobits01 @AnnaAnthro

Right? #Insurance companies, in the capitalist economy, usually work for profit. And like in any business profit increases with decrease of expenses. Their major expenses are doctor bills. So they must be interested in keeping the members #healthy, encouraging them to see real specialists to actually treat the illnesses. Not this voodoo nonsense. Healthier people on average go to see doctors less.

Stakeholders should step up, I think.

“Anticipating [shifts in climate] risk is vital for designing effective strategies and reducing the loss and damages from future extremes. 

“It remains essential for the insurance industry to collaborate across sectors – and include the communities directly exposed to #ClimateRisk – to extend the use of cat models beyond their traditional insurance applications.”

journalofcrr.com/research/03-0 

Report lists USA as having 70% of the GLOBAL DISASTERS from CLIMATE CHANGE.

Insurance cos are telling you they will stop insuring places in #hurricane, #flood, #wildfire HIGH RISK areas.

Those property values will plummet.

nbcnews.com/now/video/new-repo

#Insurance cos AND LENDERS will recommend NO REBUILDING in high risk areas.

YouA are warned.

#realestate
#housing #climateChange #Mortgage #construction

NBC News · New report details rising cost of weather disastersBy NBC News

"UnitedHealth officials acknowledge the company’s scale, though they say it is still a relatively small share of the health care system. But many Americans have come to see it as emblematic of everything wrong with the system: a byzantine, bureaucratic insurance industry intent on making it harder for people to get treatment as a means to maximizing profits."

nytimes.com/2025/07/28/health/

The New York Times · UnitedHealth Grew to Be a Leviathan. Then Came the Backlash.By Reed Abelson

#JCRR RESEARCH ARTICLE NOTIFICATION: Our latest peer-reviewed research is now live! In this article, author Christopher Webber, Brit Insurance, takes an empirical approach to analyse the intra-annual landfall dispersion of CONUS landfalling #hurricanes throughout the Gulf of Mexico.
As a #DiamondOpenAccess paper, Empirical Evidence for Gulf of Mexico Hurricane Landfall Dispersion is available to read for free here: journalofcrr.com/research/03-0 
##Risk #Insurance #Impact #ClimateChange #NaturalHazard

Allianz Life says "majority" of customers’ personal data stolen in cyberattack.

@TechCrunch reports: "The insurance giant would not say if it had received any communication from the hackers, such as a ransom note. The company also would not attribute the breach to a hacking group."

flip.it/dGSd-m

TechCrunch · Allianz Life says 'majority' of customers' personal data stolen in cyberattack | TechCrunch
More from Zack Whittaker

"Hospitals can charge facility fees even when a patient hasn’t set foot in a hospital. More than a dozen patients who expected their insurance to cover most of the cost of their appointments at outpatient doctors’ offices told NBC News they were blindsided by the fees, which are billed on top of the cost of seeing medical providers and can easily run into the hundreds of dollars."

nbcnews.com/health/health-care

NBC News · Did your doctor's office charge you a 'facility fee'? Here's what to know.By Elizabeth Chuck

"When Lawrence and Penny Higgins of Fairfield, Maine, first learned in 2020 that high levels of toxic chemicals called PFAS taint their home’s well water, they wondered how their health might suffer. They had consumed the water for decades, given it to their pets and farm animals, and used it to irrigate their vegetable garden and fruit trees."

kffhealthnews.org/news/article

KFF Health NewsAmid PFAS Fallout, a Maine Doctor Navigates Medical Risks With Her Patients - KFF Health NewsA doctor doing environmental health research in rural Maine is working to establish the best practices to treat patients exposed to “forever chemicals,” potentially leading the way for practitioners across the nation.