Tag: insurance
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Biden White House proposes insurance cover OTC birth control at no cost
The Biden administration is proposing a rule that would provide women with private insurance access to over-the-counter birth control pills and other contraceptives at no cost, the White House said on Monday. The rule, which expands a federal mandate requiring health insurers to cover preventative care services at no cost to patients under the Affordable…
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Insurance ‘nightmare’ unfolds for Florida homeowners after back-to-back hurricanes
Bridgette Bello thought she’d taken proper precautions to protect against Florida’s notorious hurricanes, having purchased flood insurance as well as a separate hurricane-specific policy, in addition to her regular homeowners coverage. Yet nearly two weeks after Helene hit — and even before Milton had arrived — what Bello, 54, describes as an insurance “nightmare” has…
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Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies
Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move north of the Yucatan Peninsula on Monday and Tuesday before crossing the Gulf of Mexico to approach the west coast of Florida by Wednesday, according to the National Hurricane Center.…
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Flood insurance coverage in counties hit by Hurricane Helene
By the time many homeowners realize they need flood insurance, it’s too late. And for tens of thousands in North Carolina and across the Southeast, it’s too late. Only about 2% of residences in the 100 counties hit hardest by Hurricane Helene-related power outages were protected by flood insurance, according to an NBC News analysis…
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As Helene bears down, insurance woes add to Florida homeowners’ anxiety
Florida resident Michelle Curtis spent much of Wednesday securing her beach house and preparing to transport her horses and dogs from her farm in Perry to a friend’s property several counties away. Hurricane Helene will be the third major storm to hit her region in 13 months, and Curtis and her husband are becoming experts…
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New data shows how many Americans are going without homeowners insurance
For thousands of homeowners in Louisiana’s Terrebonne Parish, where 94% of homes were left without power after Hurricane Francine crossed its shore Thursday, any storm damage could have been catastrophic. One out of 4 of the 31,000 homeowners in the coastal parish live there without homeowners insurance — one of the highest percentages in the U.S.…