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Today’s News: States Struggle to Cover Medicaid, Employers Want Proof of Kinship to Insure and Auto Insurer Agrees to Rate Cut

Posted in Auto Insurance , Farmers Insurance , Health Insurance , Medicaid

August 11th, 2010
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If Congress fails to cover Medicaid costs this fiscal year, states could face a massive budget hole they will be forced to fill on their own. In other news, employers plan to toughen their health insurance guidelines to require employees to prove the kinship of their adult children and an auto insurance company has agreed to a rate cut that could benefit policyholders. Today’s News: States Struggle to Cover Medicaid, Employers Want Proof of Kinship to Insure and Auto Insurer Agrees to Rate Cut

Farmers Insurance Co. Using Credit Scores to Re-Rate Car Insurance Premiums

Posted in Farmers Insurance

December 2nd, 2009
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The Oregon Insurance Division fined Farmers Insurance Co. of Oregon $10,000 for raising a number of their policyholders’ car insurance rates using their credit score as a basis. Farmers Insurance was using consumer credit history to re-rate what they would pay for both auto and home insurance premiums in renewal and re-rate cases. Farmers Insurance Co. Using Credit Scores to Re-Rate Car Insurance Premiums

Auto Insurance Coverage for Pets

Posted in Auto Insurance , Auto Insurance Claims , Farmers Insurance , Progressive

April 17th, 2009
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Devoted animal lovers consider pets as part of the family, and often refer to them as their children. They want to do everything they can to cover their pets in case of an auto accident, and will seek out insurance coverage for them as well. Auto insurance providers are well aware of this trend and many now automatically provide insurance coverage to your pets as part of your auto policy. Auto Insurance Coverage for Pets

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