New Hampshire provides insurance premium support to birthing centers

Insurance premium - Birthing Center
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The state is offering assistance to the centers, and other birthing support and care such as midwives. New Hampshire has announced that they are offering insurance premium assistance to birthing centers and home birth midwives in order to help them to remain in business as rates skyrocket. Malpractice coverage rates have gone through the roof, threatening many businesses in this sector. According to a recent Seacoast Online article, one birthing care provider experienced a $40,000 per year spike in insurance premiums, representing a 250 percent increase over the previous year.…

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GHSA study points to higher road safety risks on rural roads

Road safety - Car Crash

The research report showed that crashes on rural roads are disproportionately deadly. Though many of us tend to think of road safety risks as being highest in urban areas where there is the most traffic, a new Governors Highway Safety Association (GHSA) report has shown that urban crashes aren’t nearly as deadly as those on rural roads. The GHSA study was funded by State Farm and examined the issue of fatalities on rural roads. The road safety risks are notably higher on rural roads than most Americans think. Though only…

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Travel insurance remains important protection as summer proves rocky for travelers

Travel insurance - Summer trips

Despite the fact that people were far more likely to book trips, barriers still stood in their way. This summer was meant to be the return of regular trips and dream vacations, but still proved to be a time in which travel insurance continued to play a central role in protecting travelers from unexpected financial losses. Sudden demand increases, severe storms and understaffed airlines and airports threw a wrench in many plans. Even though people were more determined to take a vacation than they have been since 2019, they faced…

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Mercury shares its insurance fraud investigation strategy

Insurance fraud Investigation Strategy

The insurer recently published a release describing its Special Investigations Unit for fraudulent claims. Since insurers tend to be very large companies, it’s easy to think that insurance fraud doesn’t cause any harm. That said, this sentiment has become commonplace enough that insurers risk losing a lot of money to it, forcing them to cover that added cost by factoring it into premiums, meaning that all customers pay more. Insurers take scams very seriously and have complex systems in place to detect fraudulent claims. “People might think that unless their…

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Oregon regulators say new wildfire risk map won’t raise insurance rates

Insurance Rates - Oregon - Home - Fire

State officials said that they don’t intend to use the new map for purposes that include determining coverage. According to regulators in Oregon, the new wildfire risk map created for the state will not lead to increased insurance rates as has been the worry among many home and business owners. Financial regulators released a statement saying that the speculations of this nature are unfounded. The story was covered by Live Insurance News earlier this month, as predictions of increased insurance rates abounded. That said, according to regulators, insurers in the…

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Dental insurance brings most US adults peace of mind

Dental insurance - Woman smiling in dentist office

A Delta Dental study found that the coverage eased concerns of 89 percent of US adults. Dental insurance not only provides coverage for oral health care, but most people also find that it provides them with comfort in knowing that they have the added protection, according to a recently released 2022 State of America’s Oral Health and Wellness Report. The report is a nationwide analysis of US consumer oral health opinions and behaviors. The research was commissioned by the Delta Dental insurance company. It focused on US adults and parents…

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State Farm lets policyholders receive insurance claim payouts via PayPal

Insurance claim payouts - PayPal app on phone

The new option is a broadening if the insurer’s Digital Pay solution enabled by Fiserv’s Carat. The largest home and vehicle insurer in the United States, State Farm, has announced that it is expanding the insurance claim payouts options available through Digital Pay so that they can be instantly received in a policyholder’s PayPal account. Digital Pay allows customers to have their claims reviewed, approved and paid online. When filing through Digital Pay, policyholders have the opportunity to choose from among several payment methods for insurance claim payouts. These transaction…

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