Dog insurance premiums are more affordable in some cities than others

Dog insurance premiums - Dog - cute dog -sad dog

These locations are providing agents, brokers and animal owners a substantial opportunity. A recent study has revealed the parts of the country where dog insurance premiums are the lowest. There, pet owners can purchase coverage for their furry family members in an affordable way. Pet insurance can come with a hefty cost, depending on where the policyholder resides. When a beloved pet is injured or falls ill, vet bills can be in the hundreds or thousands of dollars. This can require animal owners to have to choose between their financial…

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DNA testing kit results may lead to future insurance customer risks

DNA Testing - DNA Resarch

While these tests are becoming highly popular, consumers should understand how the data is used. Purchasing a DNA testing kit to find out more about what genes say about an individual is becoming very popular. However, concerns are growing with regards to how the data will be treated and used, particularly by certain parts of the insurance industry. There are a number of different companies selling these kits, from large to small ones. Some of the DNA testing kit packages simply tell a person about where their ancestors lived in…

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Iran offers oil shipment insurance to India to keep tankers sailing

Oil shipment insurance - Ship at sea carrying oil

Tehran’s efforts to overcome the returning U.S. sanctions include providing their own insurance coverage. Iran has started offering India oil shipment insurance to cover tankers operated by Iranian companies. The goal is to overcome the barriers occurring as a result of Indian insurance companies backing out of covering Iranian oil takers due to the return of sanctions from the United States. By providing their own cargo insurance for tankers headed to India, Tehran is hoping to keep tankers moving. As India is Iran’s second largest single oil customer – China…

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California providers start dropping their high risk insurance customers

High risk insurance - Wildfire in Forest

Insurers have started withdrawing coverage from the most wildfire vulnerable areas. As wildfire season heats up, insurers across California have started to drop their high risk insurance customers. Homes that are the most vulnerable to wildfire may not be able to find coverage within the state as the flames start to spread yet again this year. Liberty Mutual and other insurance companies are stepping away from the highest wildfire risks. This trend could cause a growing number of Californian homeowners to find themselves without wildfire insurance coverage for their properties.…

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Charges laid in massive health insurance scam worth $1M in fraud

Health insurance scam - Scam alert

A Florida man has been charged with impersonating a New Jersey doctor to make falsified claims. A Florida man is now facing charges in a massive health insurance scam. To swindle his insurance company out of about a million dollars, he allegedly assumed the identity of a doctor in New Jersey. The man proceeded to file a number of fraudulent claims against his medical plan. By using the New Jersey doctor’s identity, the man allegedly submitted over $1 million in fake insurance claims. The health insurance scam involved services that…

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Canadian life insurance companies no longer equate marijuana use to “smoking”

life insurance companies - Marijuana

Changes to the country’s laws and social attitudes have brought about change in industry policy. Life insurance companies in Canada have traditionally labeled cannabis users as being “smokers.” However, a recent change in the country’s industry has changed this situation among many insurers. Smokers are typically penalized by life insurance companies and, until recently, that included pot users. The Canadian Life and Health Insurance Association director of health and disability policy, Joan Weir, explained in a CBC report that many life insurance companies have stopped equating light marijuana use with…

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Health insurance trends may be driving opioid epidemic

Health insurance trends - Pills - pain killers - drugs

A recent Johns Hopkins Bloomberg School of Public Health Study measured this effect. Health insurance trends toward greater popularity of coverage may be pushing along the opioid epidemic. The reason, according to the Johns Hopkins Bloomberg School of Public Health study, the reason is that the majority of private insurers as well as Medicare and Medicaid aren’t doing enough to stop it. The study examined coverage policies from major health insurance companies in 2017. The researchers looked into what the policies offered in terms of coverage for treating chronic lower…

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Colorado health insurance will continue to protect those with pre-existing conditions

Colorado health insurance continues to protect those with pre-existing conditions - man in wheelchair

As Americans across the country return to struggling for coverage, Coloradans will be spared. Colorado health insurance will maintain its coverage of individuals with pre-existing conditions, despite the Trump administration’s recent moves. The president shocked the health care industry earlier this month when the Department of Justice announced it wouldn’t be defending certain central components in the Affordable Care Act. This announcement may mean that Americans with pre-existing conditions could once again lose coverage. That said, Colorado health insurance law will make certain that residents of the state will continue…

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Allstate artificial intelligence brings customer support to a new level

Allstate Artificial Intelligence - AI - Brain - Think - Technology

The insurer is using the Amelia AI tool from IPsoft to provide its U.S. call center teams with assistance. Amelia, the new Allstate artificial intelligence tech, has joined the insurer’s customer support teams across the United States. The AI tech involves the use of a cutting edge platform from IPsoft, a New York based tech company. Amelia now uses her AI platform to assist call center staff members in boosting their customer experience. The Allstate artificial intelligence platform was initially deployed as a test in September 2017. Before and since…

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Could health food insurance support preventative medicine and natural treatments?

Health food insurance - fruits and vegetables

Doctors and healthcare providers are increasingly pursuing food-based interventions. Health food insurance could one day be on its way to American plans. Just as health plans currently cover some prevention, prescriptions, procedures and doctor visits, they may one day cover certain foods. The idea is that food-based interventions can effectively prevent or treat certain conditions. The food-based intervention trend is rapidly expanding across the United States. In this way, doctors are recommending that patients prevent conditions by eating right. Similarly, some conditions can be treated more effectively when a patient…

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