Live Insurance News

Crop insurance slashed through legislation for reducing expenses

November 13, 2015November 12, 2015 Julie Campbell

Growers may see reduced coverage levels in order to save taxpayers $24.4 billion over a decade. Two state representatives in Wisconsin have now introduced a bill called the Assisting Family Farmers through Insurance Reform Measures (AFFIRM) Act, which will slash crop insurance with the intention of providing taxpayers with savings over the next ten years. In the span of a decade, the insurance coverage cuts will mean $24.4 billion in expenses will be saved. According to farm subsidy program critic, Congressman Ron Kind (D), the crop insurance bill will still…

Consumers without health insurance will face tax penalties next year

October 23, 2015October 21, 2015 Marc

Open enrollment period is coming, giving consumers a chance to purchase health insurance policies November is coming and in the United States that means that the next open enrollment for health insurance exchanges will begin. On November 1, consumers will be able to find and renew health insurance policies through these exchanges. The federal government expects that several million people will find coverage through these exchanges, but many more will forgo coverage entirely. Health insurance coverage is expected to become more expensive in 2016, with insurers raising premiums. Uninsured consumers…

Ohio law to bring changes to state’s insurance industry

July 6, 2015July 4, 2015 S.Vagus

Insurance changes coming to Ohio thanks to new law Ohio lawmakers have approved a new budget that will bring major changes to the state’s insurance law. The change reduces the amount of money that insurance companies will receive from injury cases in which consumers are found at fault and cannot pay the full amount they owe. The change to the law has received significant support from lawmakers, with supporters suggesting that some companies in the insurance industry could be exploiting the old law for financial gain. Insurance companies will receive…

Health care reforms too expensive for California State students

February 7, 2014February 4, 2014 Julie Campbell

Uninsured students are claiming that they’d like to purchase the coverage but it costs too much. According to the results of a poll that were recently released, students from California State University would like to be able to sign up for coverage under the health care reforms, but they believe that it is too expensive. The survey showed that this is the primary reason that students there have avoided enrollment so far. The research involved the responses of 836 students from the university, among whom at least 80 percent said…

Insurance Fishing Offers Consumer Tips for How to Find Affordable Insurance Quotes Online

January 31, 2014March 15, 2014 PR Article

St. Louis, MO, January 31, 2014 –(PR.com)– Insurance Fishing, a leading online resource for those looking to find the best rates for local auto, rental and homeowners insurance, is excited to announce the benefits of shopping for insurance rates on the web. The website, which only launched a year ago, believes that offering these important tips can help anyone see the value of simplifying the entire process of looking for insurance rates, which can often be long and difficult on its own. For starters, Insurance Fishing points out that using…

Auto insurance is using technology to focus on driver behavior awareness

October 3, 2013October 1, 2013 Julie Campbell

As usage based programs become more common, it is changing the future of this part of the industry. As both vehicle and telematics technology continue to evolve and usage based programs come closer to the mainstream, the auto insurance industry is placing a much greater focus on the actual behaviors of the consumer, while behind the wheel. Some industry experts feel that coverage is now becoming a tool to encourage motorists to become better drivers. At the same time, it also means that increasing automation in vehicles, to the degree…