Insurance industry
Insurers face long road, high cost to cover obesity drugs after promising Wegovy heart health data
A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. Jim Vondruska | Reuters Novo Nordisk‘s obesity drug Wegovy slashed the risk of serious heart problems by 20% in a large clinical trial – a landmark finding that could put more […]
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Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all
A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Only around one-third of patients prescribed weight loss drugs such as Novo Nordisk‘s blockbuster injection Wegovy continued to take it a year later — but total health-care costs […]
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Fireworks bring about $59 million of house problems a 12 months. Your insurance plan plan may include it
Key Points Fireworks caused $59 million in immediate assets hurt in 2021, in accordance to the National Fireplace Protection Association. Homeowners and renters insurance policy pay out promises for residence destruction and liability. There are exceptions to protection, even though. For illustration, a policy may possibly have exclusions that deny statements for illegal fireworks. Supply
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Phrase lifetime coverage is usually most effective, fiscal advisors say — but most men and women get a different form
Key Points People can get two styles of lifestyle insurance policies: expression or permanent. The latter category features entire existence and universal lifetime. Expression daily life insurance is usually the best option for most people given that it can be the most expense-effective, say economical advisors. Nevertheless, 60% of insurance policies bought in 2021 ended […]
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Auto insurance is up by more than 15% this year in some states. Here’s how to keep your premium down
Miniseries | E+ | Getty Images As with many line items in your household budget, your auto insurance probably costs more this year than in 2022. How much more? related investing news It depends on a variety of factors, including where you live. Nationally, the average for full coverage — generally defined as liability, collision […]
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Airlines are struggling with lost and delayed bags: What to know and how to pack if you’re traveling this summer
Tim Boyle | Getty Images News | Getty Images Air travel has been rocky this summer — and baggage problems factor among many other issues for travelers like flight cancellations and delays. Nearly 220,000 bags were “mishandled” by U.S. airlines in April 2022, meaning they were lost, damaged, delayed or stolen, according to most recent […]
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30% of LGBTQ+ adults have experienced discrimination or exclusion from financial services, study finds
Rainbow flags celebrate Pride Month in New York. Lev Radin | Pacific Press | LightRocket | Getty Images Members of the LGBTQIA+ community are still struggling, in some instances, to access financial services that would help them manage their money. Some 30% of LGBTQIA+ adults have experienced bias, discrimination or exclusion in the financial services […]
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Creating a special needs trust? Here are the costs, what you need to know and who to use
Yagi Studio | Digitalvision | Getty Images Special needs trusts are essential for the well-being of a person with special needs, experts say. “The most important reason for a special needs trust is that individuals with special needs often are unable to make appropriate financial decisions for themselves and/or are at risk for financial exploitation […]
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Ahead of hurricane season and summer storms, be sure you know how weather events are covered by your homeowners insurance
Win McNamee | Getty Images As spring warmth takes hold, homeowners may want to make sure they’re prepared for the severe weather that will likely soon follow. That preparation should include checking your insurance coverage. Whether you live in an area prone to hurricanes, tornados, flooding, hail, wildfires or severe storms — all of which […]
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