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SmileDirectClub was an American teledentistry company. The company was co-founded in 2014 by Jordan Katzman and Alex Fenkell. It was based in Nashville, Tennessee, United States. [3][4] SmileDirectClub was shut down in December 2023, less than three months after filing for Chapter 11 bankruptcy. [5][6]
The company, which sold dental aligners to customers through the mail, filed Chapter 11 bankruptcy in September, but did not immediately announce layoffs, saying it would continue normal operations.
Industry Loss: instead of adding up the insurer's claims, the cat bond is triggered when the insurance industry loss from a certain peril reaches a specified threshold, say $30 billion. The cat bond will specify who determines the industry loss; typically it is a recognized agency like PCS or PERILS.
This type of insurance helps cover the costs associated with end-of-life expenses, providing financial peace of mind to individuals and their families. Final expense insurance ensures that healthcare-related costs, such as medical bills and funeral expenses, do not become a burden during an already challenging time. [145]
In the United States, health insurance helps pay for medical expenses through privately purchased insurance, social insurance, or a social welfare program funded by the government. [1][2] Synonyms for this usage include "health coverage", "health care coverage", and "health benefits". In a more technical sense, the term "health insurance" is ...
The ghost of claims past. This Florida woman bought a flood insurance policy for $8,600 — but after her home flooded during Tropical Storm Debby, her nearly $100K claim was denied due to a major ...
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