Live Insurance News

Travel insurance purchased by only half of vacationers

August 9, 2013August 7, 2013 G. Turner

The results of a recent study have shown that travelers are not purchasing medical coverage before they leave. According to the results of a recent study on summer vacations, only half of Canadians who head out of the country during the summer purchase travel insurance to cover themselves in case of a medical emergency. This includes those who are headed to the United States or abroad on their vacations. The travel insurance study was conducted by BMO Insurance. What it determined was that among the 83 percent of Canadians who…

Regulators announce health insurance rates for Connecticut exchange

August 9, 2013August 7, 2013 S.Vagus

Health insurance rates announced for plans sold through exchange The Connecticut Insurance Department has announced the approval for individual and small group health insurance rates for plans that will be sold through the state’s insurance exchange program. The state is set to manage its own health insurance exchange, opting to do so in order to ensure that the exchange provides the best service to consumers it possibly can. The state’s exchange, called Access Health CT, will begin open enrollment in October of this year before the policies sold through the…

Why Bundling Home and Car Insurance is a Smart Move

August 8, 2013February 12, 2014 Guest Author

Not only is it harder work shopping around for separate quotes for your auto insurance and then your home insurance but it could also be costing you more money by buying individual policies . Many insurance companies offer discounts for loyal customers who choose to give their business to them on several fronts so it is worth checking out to see whether you can save money by bundling. Why bundling makes sense When you think it about it, if you went into a store and offered to buy three of…

Insurance news made when high school football player inspires law

August 8, 2013August 7, 2013 H. Cutner

The Governor of Illinois has just signed a new bill that was inspired by an injured student. Pat Quinn, the Governor of Illinois, has just signed a new bill into law, making insurance news when he added his signature while visiting Eisenhower High School, located in Blue Island Illinois. The reason that the signing occurred at that high school was that the law was inspired by one of its students. The insurance news started back in the year 2000, when a student at Eisenhower, who was on the football team,…

Aetna backs out of Georgia health insurance exchange

August 8, 2013August 7, 2013 Marc

Aetna and Coventry pull out of state health insurance exchange Aetna, one of the largest health insurance providers in the U.S., has dropped out of Georgia’s health insurance exchange. The insurer is also taking its recently acquired subsidiary, Coventry, out of the state’s insurance exchange as well. With the two companies leaving the exchange, five insurers remain to offer coverage through the state’s exchange program. While the insurers will not be participating in the exchange, they will still be offering coverage beyond the confines of the program. Federal law seeds…