Live Insurance News

Homeowners insurance policyholders at Citizens may have savings option

May 21, 2013May 25, 2013 H. Cutner

Many property owners are unaware of some of the cheaper coverage opportunities that are available. Citizens homeowners insurance policyholders in Florida may have additional savings options available to them of which they have been completely unaware, but that is starting to gain more media attention. As raises in rates have been making headlines from this insurer of last resort, many have missed potential savings. There are less expensive forms of coverage at Citizens homeowners insurance, which are available amid an environment in which the rates are rising at a staggering…

Violence insurance sought by Jamaican government on behalf of teachers

May 21, 2013May 25, 2013 G. Turner

The Ministry of Education has announced that it is considering a protection package for educators. The Ministry of Education in Jamaica has revealed that it is looking into the implementation of a violence insurance package that would be designed to assist teachers who have been attacked and injured by their pupils while they are working. The Education Minister first made this announcement during a press conference in Kingston. Ronnie Thwaites, the Minister of Education, spoke on behalf of the Office of the Prime Minister in Jamaica’s capital city, explaining why…

Native Americans may be affected by US health insurance mandate

May 20, 2013May 25, 2013 S.Vagus

Health insurance problems for Native Americans

Health insurance may prove somewhat problematic for Native population The impact that the Affordable Care Act will have on the U.S. health insurance sector is often a matter of heated debate. Those supporting the federal law suggest that it will make health insurance more inclusive for a broad range of consumers, while opponents suggest that it will raise the price of coverage significantly over the next several years. The law’s potential impact is typically focused on what effect it will have on American consumers, but there is a particular demographic…

Auto insurance concerns put an end to RelayRides in New York

May 20, 2013May 25, 2013 Logan B.

Car-sharing service shut down due to auto insurance regulations RelayRides, a popular car-sharing service, has announced that it will cease operations in New York due to auto insurance concerns. Car-sharing programs are becoming more popular as consumers grow more environmentally conscious and look to save money on transportation costs. These programs are typically used by those commuting to and from work, but New York regulators claim that RelayRides violates the state’s auto insurance laws, which could cause some significant problems for the company itself as well as the insurance companies…

Insurance fraud lawsuit filed by Allstate against providers

May 20, 2013May 25, 2013 Julie Campbell

The massive insurer has sued five medical professional companies and six physicians in the U.S. Allstate has just filed an insurance fraud lawsuit worth $3.8 million in order to recover the funds from five medical professional corporations and six physicians. This is the third lawsuit of this nature that the insurer has filed within this year alone. Overall, there have been 47 insurance fraud lawsuits filed by Allstate in the state of New York since 2003. In total, the insurer has sought over $235 million in damages throughout those years.…