Pennsylvania governor considers health insurance exchange contingency plan

Pennsylvania health insurance exchange

Gov. Tom Wolf’s administration will be looking to create a strategy for state residents who could lose federal subsidies. The office of Governor Tom Wolf (D) of Pennsylvania has now announced that his administration will be writing a contingency plan for the health insurance exchange users in the state who risk losing their federal subsidies for their premiums. This plan is being designed just in case a June ruling from the U.S. Supreme court withdraws the tax credits. It is expected that the U.S. Supreme court will have made its…

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Life insurance market in Kenya now includes Barclays

africa insurance market life industry growth

The formal entry into the country’s marketplace has now begun with a brand new launch. Barclays Africa Group Limited has now launched Barclays Life Assurance Kenya (in which it has a majority ownership of 66.6 percent), representing its formal entrance into that country’s life insurance market. This represents the fifth market in Africa into which Barclays has established its insurance business in that sector. The other African markets into which Barclays has taken its first steps include Zambia, Botswana, South Africa, and Mozambique. Among the other shareholders in this life…

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New York sees increase in health insurance exchange enrollment

New York Health Insurance

State has made progress in making its exchange more popular among consumers New York ranked fourth in the U.S. in terms of enrollment in health insurance exchanges, according to a report from the Kaiser Family Foundation. The state has made significant strides in raising awareness about its exchange and the services that it offers, which lead to more people enrolling in the exchange throughout the state. Several other states have seen an increase in enrollment as well, due to the marketing efforts that they have made to improve awareness among…

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What do insurance premiums, the Apple Watch, and the best battery bank have in common?

apple watch mhealth - best battery bank

Smartwatches and other wearables are starting to be considered to be tools for the life insurance industry. Recently, there were two very important announcements in the technology and insurance industries that have suggested that for people who want to keep their premiums down, the best battery bank they can find will soon become a very dear friend. One of the announcements was the official launch of the Apple Watch for sale in the second half of last month. In mid-April, Live Insurance News also reported on an announcement made by…

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Insurance claims begin following the Baltimore riots

Riot Insurance claims News

Residents and businesses faced property damage and looting and are now filing with their insurers. The residents of Baltimore have certainly faced destruction to their properties as a result of the riots, but it is the businesses that will be making the largest insurance claims, and many owners are wondering exactly how much of the various forms of damage will be covered by their insurers. The most obvious claims are being filed with insurance companies for issues such as looting and property damage. However other insurance claims could be filed…

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