South Carolina Sues over Consumers Choice Failure

  From the Post and Courier on 4/15/17: “South Carolina’s chief insurance regulator filed a lawsuit in federal court Wednesday alleging the U.S. government’s decision to withhold millions of dollars from a health insurance co-op precipitated the group’s collapse in 2015 and that South Carolina taxpayers are now stuck with a multi-million-dollar bill.”

What Does Your Home Insurance Cover?

Take a moment to see if you are adequately protected. Provided by Reever Conover – Conover Consulting Not all home insurance policies are alike. Coverage amounts obviously vary, and so do coverage areas. Taking ten minutes to scrutinize what your policy does (and does not) cover is a wise idea. Homeowner policies routinely provide tornado, windstorm, & hailstorm coverage. If …

Active and Passive Investment Management

What do each of these terms really mean? Provided by Reeve Conover – Conover Consulting Investment management can be active or passive. Sometimes, that simple, fundamental choice can make a difference in portfolio performance. During a particular market climate, one of these two methods may be widely praised, while the other is derided and dismissed. In truth, both approaches have …

67,000 Consumers’ Choice insurance clients to lose coverage in December when company shuts down

Posted: Oct 22, 2015 11:33 AM EDT Updated: Oct 22, 2015 11:33 AM EDT COLUMBIA, S.C. (WCIV) — Nearly 67,000 customers of Consumers’ Choice Health Insurance will have to shop for new insurance at the end of the year when the company shuts down its operations in 2016. The state Department of Insurance made the announcement on Thursday. The company …