Archive for January 21st, 2010

Nothing to smile at

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by admin January 21, 2010 in Insurance News

InsuranceFraud.org has chronicled the growing practice by scam artists of using kids in fraud schemes, such as the woman from Virginia who staged car crashes with her three young ones in the back seat. The latest case to surface involves systematic corporate greed, using low-income families to rip off Medicaid.

The U.S. Department of Justice announced a $24 million settlement today with Forba Dental Management which operates Small Smiles clinics in 22 states. Forba is accused of pressuring its clinic managers to perform needless and mostly painful procedures on kids. Local tv news reports show gruesome images of very young children being strapped down and undergoing root canals and other serious dental work. Teeth are pulled needlessly, according to reports.

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Over 50s travel insurance a must as mature travellers go further

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by admin January 21, 2010 in Insurance News

Britain’s retired population is increasingly taking more holidays and going further afield, research from Age Concern has found, highlighting the need for over 50s travel insurance.  Age Concern has recorded an increase in sales of annual worldwide travel insurance among its mature customers, rising sharply by 41 per cent in 2009. This not only suggests that the over 50s are going on holiday more frequently then before, but that they are travelling to far-off destinations in record numbers. A select few are being even more adventurous, the figures suggest, with a 20 per cent rise in the number of over 50s looking for winter sports travel insurance. Mature Brits are also making good use of the facilities available on the internet to course the best over 50s travel insurance deals. They are increasingly using the web to compare travel insurance quotes and applying online, with Age Concern Enterprises seeing a 35 per cent increase in web sales of  travel insurance in 2009.

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