Posted in Health Insurance
August 1st, 2011
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A new study conducted by researchers at the Carsey Institute at the University of New Hampshire found that more U.S. children are being covered by public health insurance plans. Researchers say this is occurring because unemployment is still high and parents are losing their private coverage, qualifying them for public assistance. 
Posted in Life Insurance
July 29th, 2011
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A new study released by the nonprofit LIFE Foundation and LIMRA revealed that more than one in four adults prefer to purchase life insurance directly from a company via the internet, mail or phone. This is in stark contrast to the eight in 10 consumers who preferred to work with an insurance or financial professional in 1996. 
Posted in Health Insurance
July 27th, 2011
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The Obama administration is making plans to take over review of health insurance rates in 10 states. This decision was made after determining officials are not doing a good enough job regulating premiums sold to individuals and small businesses. 
Posted in Auto Insurance
July 25th, 2011
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The California Insurance Commissioner announced on Friday that a 10.7 percent rate reduction had been approved for Geico policyholders. The anticipated rate decrease will come into effect on Aug. 15, according to a press release from the commissioner’s office. 
Posted in Auto Insurance , Collision Insurance
July 22nd, 2011
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A Highway Loss Data Institute study released this week found that new vehicle technology may provide a solution for low-speed crashes. Drivers who frequently commute in environments known for bumper-to-bumper traffic finally have access to technology that could prevent rear-end collisions. 
Posted in Health Care , Health Insurance
July 20th, 2011
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Nearly two dozen states are in support of a challenge to the health care reform law presented by Missouri Lieutenant Governor Peter Kinder. The states all believe the law, passed in March 2010, is unconstitutional because it requires people to purchase health insurance. 
Posted in Life Insurance , Life Insurance Companies
July 19th, 2011
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A number of life insurance companies could lose their high ratings if the U.S. defaults on its debt, Standard & Poor’s warned recently. The credit rating agency has notified top insurers that their ratings are tied to U.S. ratings and therefore, could suffer if the U.S. defaults. 
Posted in Home Insurance
July 15th, 2011
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The House of Representatives passed the National Flood Insurance Reform Act this week, which will re-authorize the National Flood Insurance Program (NFIP). After years of debates from lawmakers on how to handle the program, the House surprised many by passing the bill easily. 
Posted in Health Care , Health Insurance , Medicaid , Medicare
July 13th, 2011
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Health care experts say that the Medicare and Medicaid budget cuts that have been proposed by lawmakers to resolve the debt ceiling issue would only shift health costs, not eliminate them, according to a new Wall Street Journal story. So far, abut $350 billion in cuts have been proposed to the two programs over the next 10 years, but most think these government savings would actually become new costs for others. 
Posted in Auto Insurance
July 11th, 2011
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A new survey released by the Property Casualty Insurers Association of America (PCI) revealed that five cities are worse than others when it comes to aggressive towing practices. it was also revealed that these aggressive towing practices are often associated with drivers paying more in expenses related to auto insurance. 