UA Financial Blog

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Can Covid-19 the outbreak affect long-term care (LTC) insurance?

By |2020-09-08T18:39:01+00:00August 10th, 2020|Categories: UA Financial Blog|

COVID-19 & Long Term Care According to Genworth, which issues LTC policies, premiums for existing policies can't be raised for specific customers due to individual circumstances. However, rates can be subject to periodic group increases based on an insurer's claims history, or actuarial projections for future claims.For example, using claims or actuarial data, insurers can ask [...]

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Health Insurance Providers Respond to Coronavirus (COVID-19)

By |2020-09-08T18:39:01+00:00August 10th, 2020|Categories: UA Financial Blog|

A number of Health Insurance Providers have instituted a number of policies to provide coverage are activating emergency plans to ensure that Americans have access to the prevention, testing, and treatment needed to handle the current covid-19 crises. Aetna Texas Health Aetna and MAP Health Management have collaborated to expand telehealth support services for individuals and families [...]

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Insurance Companies Facing the Biggest Hit From Hurricane Harvey

By |2020-09-08T18:39:01+00:00February 8th, 2018|Categories: UA Financial Blog|

Morgan Stanley believes that major insurers operating in Texas could stand to lose billions of dollars to claims made following Hurricane Harvey – with State Farm and Allstate to take the bulk of the hit. The bank said that if media reports on the hurricane’s damage – ranging between $30 billion and $40 billion – are correct, [...]

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