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Insurance News 09/2013



Cut your car insurance premium, not coverage
In a recent survey of more than 29,000 Consumer Reports subscribers, an impressive 87 percent of those who filed auto insurance claims were highly satisfied with how their insurer handled and settled their claims. Here are ways to get the best value ...

Data shows insurance access varies across Iowa
DES MOINES, Iowa -- All parts of Iowa are not created equal when it comes to health insurance. By national standards, the economically stable state has a relatively low number of people without any health coverage — just 10.7 percent of the population ...

Beware of health-insurance scams under ACA
An August survey from the Kaiser Family Foundation found that 51 percent of Americans who responded still don't understand how the law will affect them. Confusion is highest among Hispanics (64 percent), the uninsured (62 percent), and young adults (62 ...

Officials warn of insurance scammers
The Oregon Department of Justice is urging the public to be vigilant about scam artists who pretend to be agents or community partners with the state health insurance exchange to collect confidential information. Ellen Klem, director of consumer ...

How Rick Perry's And Bobby Jindal's Medicaid Snubs Boost Private Insurance ...
How Rick Perry's And Bobby Jindal's Medicaid Snubs Boost Private Insurance ...

Florida grants arrive at local agencies to fund health insurance navigators
When the dust settles, the success of the health-care-overhaul law will turn on one factor: How many Americans sign up for coverage through the health-insurance marketplace. That enrollment will largely depend on an army of workers, called navigators ...

Getting the Right Life Insurance Balance
(NewsUSA) - Would you be able to cover more than a few months of living expenses if your family's primary earner died? If you answered "No," there's at least some consolation in knowing that two-thirds of U.S. households are in the same boat, according ...

Alaska without insurance exchange as deadline nears
With the state forgoing any role in a health insurance marketplace, federal officials and Alaska nonprofits are scrambling to fill the void by Oct. 1. That's the first day of open enrollment under the Affordable Care Act, and the date by which each ...

Autism advocates, parents hail new Texas rules requiring expanded insurance ...
Autism advocates, parents hail new Texas rules requiring expanded insurance ...

Insurance exchange counts down to launch
Ashley Hudson, 25, of Detroit broke her ankle in a car accident on Aug. 1, but only has a temporary cast. Hudson does not have insurance and can now no longer work until her foot heals. Hudson hoped to get a cast put on Wednesday at Advantage Family ...

US health insurance is a complex nightmare
Here's Glenn Fleishman on healthcare in America, where sufferers receive outsize bills and must engage with an insane, bloated bureaucracy to chop them down to size--if they have insurance. Explain to me how this makes sense at any level? The raw cost ...

Ballot measure proposed on insurance restrictions
SIOUX FALLS, S.D. -- A proposed South Dakota ballot measure would prohibit insurance companies from restricting their customers' choice of out-of-network health care providers. The proposed law, sponsored by three South Dakota doctors, would allow any ...

States Promoting Insurance Exchanges: Maybe People Will Enroll if We Don't ...
States Promoting Insurance Exchanges: Maybe People Will Enroll if We Don't ...

Second Opinion: How Do College Students Fit Into the Insurance Exchange?
Second Opinion is a weekly Q-and-A series that answers questions from San Diegans on the Affordable Care Act. Ask yours here. The Question: Can families with college students mix and match health plans in the state-run insurance exchange? Michelle ...

Study: Refusing to expand Medicaid will increase private health insurance ...
Study: Refusing to expand Medicaid will increase private health insurance ...

No fault insurance clause sends Potterville retiree's premium through the roof
Penny Ruff, 65, of Potterville, found out last week that her annual car insurance rate will go up $750 — or about $60 per month — because she is on Medicare and, under state law, can't combine Medicare and private health insurance to supplement her ...

Rising flood insurance rates could hurt real estate market
TREASURE ISLAND — There were gasps in the packed City Hall chambers last week when a slide flashed on screen showing how much flood insurance rates could rise over the next year. An older home, like many in Treasure Island, with its lowest floor ...

Complex Personal Issues May Cloud Decisions About Buying Insurance
If the volume of email from readers of this column is any indication, people are beginning to focus on how the health care overhaul will affect them. With the opening of the online health insurance marketplaces less than a month away, consumers with ...

Will Your Insurance Cover Your Kid's Stolen Laptop?
NEW YORK (TheStreet) -- Theft is a significant hazard on college campuses, according to data from insurance giant Travelers (TRV), including theft of vital items such a laptops. But students don't have to live in dorms to become a victim, and most ...

What to Do if You Can't Get Life Insurance
My husband was recently denied term life insurance because he has a criminal record from a long time ago. The good news is that, in a year, he'll be far enough removed from the incident that he'll be eligible for a policy. He has a whole life policy ...

$20000 a year for flood insurance? Sandy survivors face tough rebuilding choices
Making matters worse for coastal homeowners, federally subsidized flood insurance for primary residences will start to phase out by late next year, eventually forcing about 1.1 million property owners to pay the substantially higher full-market rates ...

Drugs Trump Life Insurance in Parent-Child Conversations
Parents in the U.S. would rather talk to their kids about drugs and alcohol than life insurance. Just 38 percent of parents said they're extremely comfortable talking about insurance, while 55 percent are fine discussing the intoxicants, according to a ...

Hispanics most likely to go without health insurance
Hispanics are less likely to be covered by health insurance in every state in the union, according to new figures released late last week by the Census Bureau. The figures show more than 30 percent of Hispanics under the age of 65 are uninsured in 28 ...

Unemployment Insurance: Nine Things That May Stop You From Collecting ...
Unemployment Insurance: Nine Things That May Stop You From Collecting ...

New health insurance sign-up coming soon: Campaign spreads word about ... - The Grand Rapids Press
New health insurance sign-up coming soon: Campaign spreads word about ...

AOPA Insurance celebrates 20 years of coverage for members
In September, AOPA Insurance Services celebrates its twentieth anniversary protecting pilots and the aviation community through insurance and risk management services. “I am delighted to congratulate our colleagues at AOPA Insurance Services on this ...

Critics blast state estimate of skyrocketing health insurance rates under ...
Critics blast state estimate of skyrocketing health insurance rates under ...

Founders of Oscar Health Insurance aim to give customers control
You know how a couple of guys, after a couple beers, will float the idea that they should totally open a bar someday? Well, nobody says that about health insurance companies. Except that Josh Kushner, Mario Schlosser and Kevin Nazemi are totally ...

State to end health care insurance safety net program
ST. PAUL, Minn. — After gathering feedback from some of Minnesota's sickest patients, the state is moving ahead with a plan to close a safety-net program that helped people with prior health problems get insurance. The federal health care law prevents ...

A Different Twist On Cash Management: Life Insurance
It feels like heresy to suggest that life insurance serves a purpose beyond the protection of families. We've all seen examples where life insurance was a decision made during life that saved the financial fabric of the family after the death of a ...

Bishops says the arrangement violates the promise that federal funds won't ...
Bishops says the arrangement violates the promise that federal funds won't ...

Pearl River area fire district improves protection rating; should reduce ...
Pearl River area fire district improves protection rating; should reduce ...

New Mexico Health Insurance Exchange prepares to launch
The New Mexico Health Insurance Exchange is preparing a test run of the exchange sign-up process and is looking for companies that do not have an established insurance plan to test the system. To participate in the test run, contact Jason Sandel at ...

American Family Insurance to buy Boston homeowners insurer
American Family Insurance said Wednesday it plans to acquire direct homeowners insurance company Homesite Group Inc., of Boston, for about $616 million. American Family, which is based in Madison and is the largest insurer of homes and autos in ...

Fantasy Football Gets Real With Insurance, Lawyers
When you manage a league in the fantasy sports world, you might consider hiring a lawyer, or buying some insurance in the real world. While pen-and-paper fantasy sports became popular among fans in the early '80s, ESPN introduced the first Internet ...

Don't read this while driving: LA insurance rates highest in state
The 10 most expensive ZIP Codes for car insurance in the state of California are all in the L.A. metro area. L.A. County is also the most expensive county in the state, while Beverly Hills wins the honor of most expensive city in the state to insure a ...

Fox Medical Contributor Whitewashes His Call For Higher Insurance Premiums ...
Fox Medical Contributor Whitewashes His Call For Higher Insurance Premiums ...

Obamacare Insurance Costs Affordable, Kaiser Survey Finds
A 25-year-old New Yorker earning $25,000 a year will pay as little as $62 a month for health insurance next year, and a peer living in Vermont may pay nothing, according to a 17-state survey of premiums under the U.S. health-care overhaul. The Kaiser ...

6 Things Home Insurance Won't Cover
When disaster strikes your home, home insurance is supposed to be there to help you pick up the pieces. Most of the time, it does. But the coverage does have limits, says Carole Walker, executive director of the Rocky Mountain Insurance Information ...

Sizzling summer sees fraudulent insurance claims rise alongside mercury
The firm said the average claim for cancellation on a travel insurance policy was £1,200, and that fake heatwave-related claims could cost the travel insurance industry hundreds of thousands of pounds. "We believe there will be people trying to ...

Is this the dawn of a potentially catastrophic insurance bubble?
Lloyds of London chairman John Nelson issued an eerie warning on Wednesday. The huge amounts of money flowing into the insurance industry right now “on a scale not seen before” (paywall), he suggested, could pose a systemic risk to the financial ...

Insurance for Fantasy Football?
Moving into the -- work there out insurance providers and Roy Ayers that well. Provide you with everything you need to make sure that your investment in your fantasy league is protected. Okay -- -- it mark it's growing so fantasy sports as a whole is a ...

Insurance Zebra Launches A Kayak For Auto Insurance
Austin-based Insurance Zebra, as the name implies, isn't exactly tackling the sexiest industry, but it's definitely one that's trying to help the everyday, mainstream consumer. The startup's goal is to be the Kayak for auto insurance, so to speak, as ...

Now You Can Insure Your Fantasy Football Stars
NFL NFC Playoff Washington Redskins vs Seattle Seahawks Toni L. Sandys/The Washington Post via Getty Images The NFL season kicks off later Thursday, as the Denver Broncos host the visiting Baltimore Ravens. And for millions of fans, it also means the ...

State's 10 highest ZIP Codes for car insurance are in LA County
The 10 most expensive ZIP Codes for car insurance in California are all in Los Angeles County, and Beverly Hills is most expensive city in the state to insure a vehicle, according to a new study. "Where you live is playing a big role in the rate you're ...

New Texas law aims at 'junk' auto insurance policies covering only certain drivers
AUSTIN — More than a million Texas drivers with limited auto insurance coverage face increased scrutiny under a new state law that aims to shine a light on policies that cover just one driver, not an entire vehicle. A measure that the Legislature ...

Long term care insurance premiums on the rise
Sharp increases in rate requests for long-term care insurance are raising the chances that the next wave of retirees may not be able to afford coverage for assisted living, nursing homes, and related health services. Since early 2012, the Massachusetts ...

Low-cost insurance could lead to high medical bills
Health insurance plans in Obamacare's state exchanges will cost less than initially projected, according to a study released Thursday that the administration and its allies said is proof that the law is working as intended. Analysts said the low prices ...

Funding retirement with life insurance? Be wary
Dan Moisand, a Principal at Moisand Fitzgerald Tamayo, LLC in Melbourne and Maitland, Fla., is one of the financial planning profession's most respected practitioners advising retirees and near retirees. Dan's thoughts can be found in bylined articles ...

How To Save Money On Your Auto Insurance Bill
BOSTON (CBS) – There are few bills more dreaded than the annual car insurance premium, but there are ways to avoid being one of the thousands of drivers who are paying more than they have to. “Americans are missing a lot of discounts and that could ...