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Decentralize.TV interviews LocalMonero co-founder “Alex” about acquiring privacy crypto without using centralized exchanges

July 13, 2023 -

As a disclaimer, I personally hold various amounts in all the top privacy coins, including Monero, as I'm engaged in testing the coins and wallets. My company has also acquired some amount of privacy coins as part of a marketing effort to give away many of them to Brighteon.com users who enable crypto tipping on their accounts. (See this story for a full explanation.)Decentralized acquisition can protect your privacy

For many people, acquiring crypto through centralized ...

Allstate no longer issuing new insurance policies in California

June 09, 2023 -

The company says it is simply too expensive these days to underwrite policies in the Golden State, which the media is reporting has "seen thousands of natural disasters in recent years" that resulted in sizable losses.

It turns out that Allstate stopped writing new property and casualty insurance policies in California several months ago, but only just now got around to announcing this fact publicly.

The most recent data from 2021 shows that Allstate was the fourth-largest ...

Another insurance carrier adds “war exclusion” to policies as WWIII looms

14 days ago -

Dr. Ben Tapper (@DrBenTapper1) shared an image on X – see below – showing policy changes that "include a war exclusion."

"Your Commercial Inland Marine Coverage will include a Nuclear, Biological, Chemical and Radiological Hazards Exclusion," the notice further reads.

My friend sent this to me and said he received it in the mail. Interesting…? pic.twitter.com/emBdSXYhqL

— Dr. Ben Tapper (@DrBenTapper1) April 7, 2024

(Related: Earlier this year, we warned ...

Automakers are recording your driving habits and feeding that data to insurance companies

a month ago -

Many American drivers are beginning to notice that their car insurance rates are surging – including Kenn Dahl, 65, of Seattle, Washington. (Related: Car insurance rates hit highest levels in 30 years due to more accidents, higher repair costs, bigger medical bills and increased litigation.)

Dahl says he has always been a careful driver. The owner of a software company near Seattle, he drives a leased Chevrolet Bolt. He’s never been responsible for an accident.

So ...

Farmers Insurance lays off 2,400 employees in the name of “long-term profitability”

September 05, 2023 -

"Given the existing conditions of the insurance industry and the impact they are having on our business, we need to take decisive actions today to better position Farmers for future success," said President and Chief Executive Officer of Farmers Group, Inc. Raul Vargas. "Decisions like these are never easy, and we are committed to doing our best to support those impacted by these changes in the days and weeks to come." Vargas further said that as the industry continues to ...

Travel insurance industry launches new scheme to exploit irrational climate change fear among travelers

October 06, 2023 -

Of course, this would mean more interest in travel insurance, which covers miscellaneous expenses such as trip cancellation, lost luggage and delays.

"The insurance industry is amongst the first to be affected by climate change. As a whole, the industry is trying to figure out what to do," said Mike Newman, chief operating officer at Parhelion Underwriting, a risk finance company that insures investments in clean energy, climate finance and the environmental commodity ...

RACISM: Progressive insurance SUED for offering “patently unlawful” $25,000 grants exclusively to “black-only” businesses

August 24, 2023 -

The conservative group America First Legal (AFL) filed the class-action suit in an Ohio federal court this past week on behalf of Nathan Roberts, the owner of Freedom Truck Dispatch, who claims that Progressive is racially discriminating against non-black small business owners by offering the $25,000 to 10 "black-owned small businesses to use toward the purchase of a commercial vehicle."

Because whites, Asians, Hispanics, and all other non-blacks are excluded from the ...

Liberty Mutual insurance partners with same company Best Buy used to discriminate against hiring White people

August 23, 2023 -

An email recently sent out by Liberty Mutual to the company's employees explains that McKinsey & Company, the same consulting firm that Best Buy chose to launch the very same anti-White program, will be leading the endeavor.

"In 2020, McKinsey & Company, as part of their 10 actions to support racial justice and equity, launched their Black Leadership Academy, which they have since expanded to the Connected Leaders Academy (CLA) including the Asian and Hispanic and Latino ...

Cigna Healthcare used AI to deny hundreds of thousands of valid health insurance claims, lawsuit alleges

July 28, 2023 -

According to the suit, this is a violation of a California state law requiring insurers to carry out a “thorough, fair and objective" investigation into every claim. Instead of giving each case the individual attention it deserves, the company trusts its PxDx algorithm, which they use to help reduce their labor costs by decreasing the amount of time doctors need to spend looking at each claim. It also saves them significant money by denying so many claims.

The suit states: ...

Republican Gov. Lombardo of Nevada signs bill requiring insurance companies to pay for “child sex changes”

June 22, 2023 -

As long as the body butchery is "recommended by a psychologist, psychiatrist or other mental health professional," as well as by a physician, children in Nevada are now allowed to get their genitals sliced and their hormones wrecked for free, all thanks to Lombardo.

Massive conservative outcry over Lombardo's decision to sign the legislation prompted him to issue a statement claiming that its provisions are somehow not as ghastly as they truly are.

"I implore people ...

Major health insurance companies alter policies to exclude coverage for injuries or sickness during WAR, riot or insurrection

February 06, 2024 -

Recognizing that the country is on the brink of what appears to be a major financial collapse, health insurance carriers are readying the helm to not provide payouts for claims linked to a host of potential calamities that many believe could stem from a social or economic meltdown.

"Y'all need to check your insurance policies," tweeted the Wall Street Apes account on X, citing someone who works in the insurance industry in California. "I have had my insurance license ...

Swiss health insurance report: People receiving cancer treatment since 2020 skyrocketed by 73% after rollout of COVID vaccines

January 02, 2024 -

The said report was highlighted by Konstantin Beck, a health economist at the University of Lucerne, in a video (in German without the option of subtitles) earlier this month. Transition News has published an article on the video, which is also in German but can be translated using an online tool. As per the video, a health survey conducted by the Swiss Federal Statistical Office (BfS) was published on Nov. 3 and found that in 2022, 85 percent of the Swiss population aged 15 ...

Largest insurance company in California no longer writing new home policies due to high risk of catastrophic events

May 30, 2023 -

Effective May 27, State Farm General Insurance Company no longer accepts new applications, including to all business and personal lines of property and casualty cover, citing "necessary" actions to improve the company's financial strength. (Related: When an electric vehicle crashes, even in a minor accident, insurance companies junk the entire car because its battery has to be tossed.)

"State Farm General Insurance Company made this decision due to historic increases in ...

Largest insurance company in California no longer accepting new home policies due to high risk of wildfires, cost of rebuilding

May 30, 2023 -

Largest insurance company in California no longer accepting new home policies due to high risk of wildfires, cost of rebuilding

Tuesday, May 30, 2023 by: Arsenio Toledo

Tags: Bubble, California, california collapse, Collapse, Collapsifornia, disaster, economic collapse, economy, finance, financial crash, fire, home insurance, insurance, market crash, money supply, natural disasters, risk, State Farm, State Farm General Insurance, wildfires

This ...

Exec with Ukrainian energy firm Burisma made several recordings of Joe and Hunter Biden in alleged bribery scheme as ‘insurance policy’

June 14, 2023 -

If it doesn't, then they won't.

During a floor speech, Grassley said that an executive with Ukrainian energy company Burisma, who is alleged to have made payments to Joe Biden and Hunter Biden, kept 17 audio recordings of his conversations with them as an "insurance policy." Grassley referred to an FBI FD-1023 form, which the bureau briefed congressional lawmakers on, to support his statement.

He "revealed what was said to be a redacted reference in the FBI-generated ...

State Farm announces it won’t renew 72,000 property insurance policies in California to avoid financial collapse due to a wave of claims

18 days ago -

On March 20, State Farm announced that 72,000 home and apartment policies in California will be cut, citing issues such as the increasing risk of catastrophes, regulatory costs and ongoing inflation. The move is a major blow to California homeowners, who are already grappling with insufficient policy coverage and high insurance rates.

In their announcement, the company said that the homeowners insurance policies for 30,000 customers, including condominium owners, will not ...

Car insurance rates hit highest levels in 30 years due to more accidents, higher repair costs, bigger medical bills and increased litigation

July 17, 2023 -

The Wall Street Journal reported that many insurers have experienced significant losses over the last few years, which only means that premiums will continue to rise. "Rates need to rise probably five to 10 percent in each of the next couple of years because the loss trends have gone up so much," said Dale Porfilio, chief insurance officer at industry group Insurance Information Institute. (Related: Used car prices drop 14.2% due to influx of new cars, higher borrowing costs.)

Premiums ...

RUSSIA DERANGEMENT SYNDROME: U.S. stupidly cuts off own supply of metals in anti-Putin move

9 days ago -

From now on, no more of these Russian-origin metals will be imported into either the U.S. or the UK, nor will any more of these Russian-origin metals appear on global exchanges.

Starting on April 13, 2024, the leading commodity exchanges – the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME) – banned trade in Russian-origin metals, effectively cutting off the Western supply of these metals.

In a statement, U.S. Treasury Secretary Janet Yellen stated ...