Insurance News

Stay informed about important news affecting the insurance industry!

Health Insurance

READ MORE

Laws Requiring Commercial Health Insurance Coverage for Telehealth Increasing Nationwide

California governor had recently signed a new law requiring commercial health insurance coverage for telehealth services. But the Golden State is not the only one. So far, 42 states have statutes in place regarding commercial insurance coverage for telehealth. The language in these laws, however, can limit their impact. The new law recently signed in […]

READ MORE

Beware of California Health Insurance Robocalls Featuring “Anne” and Her Relatives

As Open Enrollment comes to an end, automated phone calls offering ACA or other health plans keep spiking making many customers angry. In California, Open Enrollment ends on January 15, so they have it worst. It has been an epidemic this year, authorities say. In October alone, there were 850,000 health insurance-related robocalls, which is […]

READ MORE

Lack of Health Insurance Linked to Higher U.S. Death Rates

A new landmark study found that lack of insurance increases mortality. Under some specific conditions, the uninsured have worse survival probability, especially the near elderly who often face higher premiums. Also, lack of coverage is associated with less preventive services. The ACA Medicaid expansion has been instrumental in reducing mortality rates, and it has also […]

READ MORE

Auto Insurance

READ MORE

A New Law in Idaho Targeting Uninsured Drivers Taking Effect Jan. 1

Idaho lawmakers recently announced that a new law targeting uninsured drivers is expected to take effect Jan.1. The state Department of Motor Vehicles set up a stronger standard of financial liability stated on their website. Currently, Idahoans that fail to provide proof of insurance 30 days after a warning from the Idaho Transportation Department (ITD), […]

READ MORE

No-Fault Claims Fee to Drop 55% Under Michigan Auto Insurance Reform

After years of Michiganians paying some of the highest car insurance rates nationwide, the Michigan Catastrophic Claims Association (MCCA) recently announced a 55% vehicle assessment fee cut, which will begin on July 2020. People will pay $100 to have their vehicles assessed with the option of either reducing coverage or waive it entirely.    Residents […]

READ MORE

Life Insurance

READ MORE

Prudential To Charge Higher Life Insurance Rates For Vapers

If you enjoy vaping, you better think twice or thrice before buying life insurance with Prudential.  They are one of the largest insurers out there – about to tweak its policy for vapers. Smokers are generally charged more for life insurance than nonsmokers. Under the new policy, Prudential will classify vapers as smokers when applying […]

READ MORE

Non-Life Insurance Market Key Business Segments Making Moves, a Shake Up in Market Estimates Expected

Sep 10, 2019 (HTF Market Intelligence via COMTEX) — A new business intelligence report released by Advance Market Analytics with title Non-Life Insurance Market Insights, Forecast to 2025.This report provides a detailed overview of key factors in the Non …

READ MORE

4 people who bought life insurance in their 20s explain why they still think it was the right choice

Typically, the younger and healthier you are when you buy life insurance, the lower your monthly rate. The peace of mind is great, too.

READ MORE