Even with a simple choice between an obviously good product and an obviously bad one, many people choose wrong.
Product disclosure laws are meant to help insurance buyers make informed rational decisions. Our research shows more must be done to protect consumers.
Offers of extended warranties are increasingly becoming the norm for TVs and other relatively inexpensive goods.
AP Photo/Mark Humphrey
Companies these days offer insurance on pretty much anything you buy, no matter how inexpensive. How do you know when it's worth it?
Coastal wetlands are an effective first line of defense and act by slowing down storm surges and reducing flooding.
New research by scholars, conservationists and the insurance industry shows that coastal wetlands provide hundreds of millions of dollars' worth of protection from flooding, boosting the case for protecting them.
Canadians are overwhelmingly opposed to insurance companies having access to their genetic test results. A new Canadian law prevents insurers from using genetic information to determine coverage or pricing.
Canadian insurance companies argue that a new law denying them access to genetic test results will raise the cost of insurance for everyone. That's doubtful.
Australia has a lack of regulation to prevent discrimination by life insurance companies based on genetic test results.
Life insurance applicants must disclose genetic test results if required by the insurer. While other countries have protected consumers from this, there is no such regulation in Australia.
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Insurers complain noisily when regulators step in to stop them charging more to some groups, but there might be a benefit to us all when a better balance is found.