Health insurance for children is at risk in the US

Children’s Health Insurance Program kids

Children could be losing their insurance coverage in the coming year Health insurance for children in the United States may be at risk. Congress has chosen not to reauthorize the Children’s Health Insurance Program (CHIP) and a the King v. Burwell case concerning health insurance subsidies is currently being heard by the Supreme Court. These issues could lead to a significant number of children, as well as their families, losing coverage in the relatively near future. The loss of insurance coverage could place some children at risk, especially if they…

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Insurance marketing study shows some demographics engaged by mobile ads

tablet mobile gaming insurance marketing

People who fall into the Generation Y and the Spanish speaking categories responded to smartphone based advertising. According to the results of a study that were recently released by the Marchex Institute, there are certain significant pockets of consumers who are highly engaged by insurance marketing when it is presented to them by way of mobile advertising. This study was based on an analysis the data collected from having placed over two million phone calls. The research was analyzed by the Marchex Call Analytics platform, examining the bank, lender, life…

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Auto insurance bill for Uber drivers takes another step forward

auto insurance ride share car

Ride sharing services have now cleared another hurdle in obtaining the right coverage in Minnesota. A bill that will require Uber and other types of ride sharing service companies to provide their drivers with a higher level of auto insurance coverage has now stepped beyond yet another milestone within the Minnisota state Senate. The bill was moved forward, recently, by the Senate Transportation Committee following industry official testimony. Officials from Uber spoke in front of the Senate committee. They were in opposition of the bill, while limo and taxi drivers…

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Cyber insurance could lead to growth in the reinsurance industry

Cyber Insurance

Cyber insurance continues to gain attention throughout the world Fitch Ratings has released a new report that highlights cyber insurance as a key growth opportunity for the reinsurance industry. Major cyber attacks have been making headlines recently and the insurance industry is becoming subject to a growing portion of these attacks. Recently, health insurers Anthem and Premera Blue Cross were victims of major data breaches that compromised the information of several million consumers. For the reinsurance industry, the digital world could hold some promise, but also significant risks. Report highlights…

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Superstorm Sandy insurance settlements through FEMA get closer

hurricane sandy business shut down

The Federal Emergency Management Agency is going to begin direct negotiations with homeowners. Homeowners who were victims of the catastrophe that came with Superstorm Sandy will be negotiating directly with the Federal Emergency Management Agency (FEMA) in order to be able to move ahead toward the resolution of disputes with regards to the compensation settlements. A written agreement has now been created by FEMA that establishes structures that it can apply to lawsuits. There are about 2,200 lawsuits that are still awaiting settlement with regards to the compensation that homeowners…

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