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Auto insurance premiums continue to rise in Ontario

May 27, 2015May 25, 2015 S.Vagus

Toronto Ontario Canada Auto Insurance News

Insurance premiums in Ontario may be affected by for profit clinics Ontario is home to the highest auto insurance premiums in Canada, and rates for many drivers continue to rise, even if they have immaculate driving records. There are many factors that affect the cost of insurance coverage, but for-profit medical centers and rehabilitation clinics may be one of the reasons why premiums are on the rise. Notably, bodily injury claims in Ontario are significantly higher than they are in other provinces, perhaps due to the over-utilization of medical services…

Abortion insurance ban reversed by Texas House

May 26, 2015May 25, 2015 Julie Campbell

abortion insurance bill Woman Using Her Mobile Phone

The House Calendars Committee sent a controversial bill prohibiting the coverage to the full chamber. On Sunday night, the Texas House Calendars Committee made the decision to reverse a controversial bill that banned abortion insurance coverage from being included in the health plans sold over the exchange. This stopped the marketplace for Affordable Care Act compliance from selling plans covering abortions. As a result of the decision of the committee, this abortion insurance bill will now be sent back to the full chamber for a vote. The reversal has to…

Insurance news is undergoing a massive evolution from technology

May 26, 2015May 23, 2015 H. Cutner

Insurance news technology internet of things

The Internet of Things (IoT) is expected to be a driving force behind massive changes to the industry. Technology has been making insurance news for many years, but it is only of late that the changes have been at an exponential rate, as smart devices have become a typical part of the average household, and as the Internet of Things begins its own expansion. The solutions offered by the IoT can be as simple and practical as they are personalized. This means that insurance news generated by the IoT is…

Senator calls for changes to National Flood Insurance Program

May 26, 2015May 23, 2015 Logan B.

flood insurance news

Flood insurance may need more reform in the future United States Senator Charles Schumer believes that major changes must be made to the National Flood Insurance Program. The federal program is typically the only place that homeowners can find flood protection, but this coverage is provided by private companies that work with the program. These companies have fallen under harsh criticism in recent years due to their handling of claims related to Hurricane Sandy and other disasters that have produced claims. Senator Schumer calls for changes to be made to…

Hurricane insurance tips offered to Texas homeowners

May 25, 2015May 23, 2015 Julie Campbell

Hurricane insurance Isaac 2012

The season for these massive tropical storm reaches its official start on June 1, so preparations should be underway. As the official summer storm season gets going on June 1, hurricane insurance tips are now being issued to homeowners in Texas in order to help them to ensure that they have the coverage that they need and that they will be properly prepared to protect themselves and their families. The Insurance Department has issued a checklist to make sure that appropriate coverage is in place. On the checklist, some of…