Today’s News: California First to Implement Health Overhauls, U.S. Life Insurance Sales Up and Liberty Mutual Offers Safe Driving Game
As the nation prepares for a new world of health insurance in the near future, California gets to see changes sooner since it was designated as the test-run state for many health care reform implementations. In other insurance news, it seems the life insurance industry is continuing its rebound with sales up in the first quarter of 2010 and for those who are interested in lowering their auto insurance rates, they could take a stab at Liberty Mutual’s safe driving game.
California First State to Implement Health Overhauls
The state of California has been chosen as the first one to begin implementing the complex set of overhauls that have been issued by the government. Representatives in the state will begin taking the initial steps this week to make reform a reality. So far, more than 20 bills have been introduced and lawmakers might vote on up to a dozen this week to meet a tight deadline that requires the bills to be passed out of their house of origin. California was chosen as health care reform’s model state because of its sheer size. And with 8.2 million in the state without health insurance, its residents are in need of a great deal of help. (Mercury News)
U.S. Life Insurance Sales Up in First Quarter
According to industry research organization, LIMRA, total first-quarter U.S. sales of individual life insurance rose by 10 percent from the same period in 2009. The organization has dubbed this improvement “encouraging.” However, while the increase in sales may seem to be good news for the life insurance industry, the organization expects that universal life sales will actually be negatively impacted in the near future as prices for policies increase and consumers decide to slow purchases. (Insurance News Net)
Lower Your Auto Insurance with Liberty Mutual’s Safe Driving Game
Liberty Mutual is offering a fun new futuristic driving game that helps drivers navigate the roads of the future and even improve their defensive driving skills. The game, titled “2099,” challenges drivers to protect their sleek vehicles from hazards by safely traveling around a race track without colliding with other drivers on the futuristic road. While the game is not to be thought of as a driving school simulator, it offers a good way to pay attention to one’s surroundings while operating a vehicle, which could help become a safer driver and eventually lower auto insurance rates. (Business Wire)