Insurance Articles
1: 12 mandatory provisions of Florida health insurance
Health insurance is one of the most important investments an individual can make for himself and his family members. With so many health insurance providers offering health insurance, states like Florida have 12 mandatory health insurance provisions that apply to all health insurance providers. The 12 mandatory Florida health insurance provisions are:
2: Statutory creation and modification of insurable interest
We have seen already how certain people such as bailees, repairers, and so on may acquire insurable interest on the property of others held by them for which they are responsible. Over the years the liability of certain of these people was considered to be too onerous and statutes were passed to modify their liability. When the responsibility was modified it followed that the insurable interest was correspondingly reduced and it is for this reason that we are interested in these modifying statutes at this stage. One practical point worth bearing in mind is that while the statutes modified liability in certain instances, in others they left a full liability with the person who was originally liable. As a result the practical position relating to insurable interest may be unaltered.
3: CENTRAL BANKS' INTERVENTION
The objective of the central bank of a country is to achieve the goals that economic policy and international arrangements dictate. Making a profit is not an objective of central banks.
4: BASIC DOCTRINES
We have already seen that a man may have a right to receive an indemnity from his insurance company and also from another party' who is legally responsible for the financial effects of the incident which has taken place. This man may also have a right to recover his loss from two or more insurers with whom he has affected policies to cover this type of loss.
5: Insurance stocks a better bet than banks
Rising interest rates cause P/E multiples to fall, and take a toll on rate-sensitive stocks such as banks, Berthiaume says.
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