Time runs out for United Life & Accident Insurance Company

Ruben Onsu

When the Lincoln Financial Group sells its office park and campus in Concord’s North End (you can buy it for $6 million) and no longer has a presence as an employer in Capital City, it will close the books on more than a century of history of life insurance underwriting for a succession of companies.

This story began back in 1913 when a group of Concord’s leading citizens established the United Life & Accident Insurance Company, first located at 65 North Main Street in the heart of the city’s downtown. Among the early executives and directors were brothers S.W. and

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Pasco man sentenced for long-term care insurance fraud

Ruben Onsu

A Tri-Cities man will pay more than $18,000 and could serve jail time for insurance fraud, according to the Idaho Department of Insurance.

The Idaho stepfather of Pasco resident Benjamin C. Beckett was brutally attacked in 2017, leaving him unable to work or care for himself.

The stepfather had a long-term care insurance policy from Northwestern Mutual, but it did not include coverage for family members acting as caregivers.

To circumvent the limitations of the policy, Beckett formed a company to act as a care provider for his stepfather and submitted claims to Northwest Mutual using false names, according

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New flood insurance rates coming your way | News

Ruben Onsu

The federal government says it has a new way to calculate flood insurance, and you should be able to find out how much you will pay.

Last week, the Federal Emergency Management Agency, after years of behind-the-scenes negotiations, announced a phased-in start for new flood insurance rates. They are calling it Risk Rating 2.0, Equity in Action. It was supposed to take effect last year, but got postponed to this year, and existing policies are postponed until April 2022.

“This new rating system is fiscally sound, fixes longstanding inequities in flood insurance pricing, and improves resilience to climate change,” the

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How does a car insurance company assess driver risk?

Ruben Onsu

Reducing driver risk could save you money on car insurance. (iStock)

When it comes to car insurance rates, your driving record and driving habits can influence what you pay for coverage. Car insurance companies use a risk assessment to determine where to set your rates. Understanding how driver risk is determined can help when searching for an affordable car insurance policy. 

Car insurance rates vary based on a number of factors, including your credit, driving habits and the insurance company. Use a tool like Credible to shop around and lower your car insurance premium today.

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Hawaii’s Transgender Community Pushes For Better Health Insurance Coverage

Ruben Onsu

When the Hawaii Legislature’s session kicked off in January, members of the state’s transgender community and their advocates were hopeful they could get proposals passed making it easier to get medical procedures related to gender transition covered by health insurance.

But as the legislative session winds down, it’s looking increasingly unlikely that those measures will pass.

The House has just one more day — Thursday — to hold a hearing for a concurrent resolution that would express the Legislature’s support for “gender transition treatments and services as medically necessary for the purposes of health insurance coverage,” according to the original

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Snags in free COBRA insurance may leave unemployed footing big bills

Ruben Onsu

Linda, a lawyer from California who was laid off from her job in January, is like millions of others in the Covid pandemic who are living without health insurance.

But she discovered that the government would fully subsidize her COBRA health insurance premiums from April until September, thanks to a provision in the latest stimulus package. She immediately contacted her insurer to sign up. Linda (she asked not to use her full name) was eager to go to the doctor after contracting a painful urinary tract infection this month, which she feared could spread to her kidneys.

The

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