Live Insurance News

California could fall short of its health insurance enrollment goal

February 16, 2015February 14, 2015 S.Vagus

Covered California may not reach its enrollment goal this year California may be falling short of its goal to enroll 1.7 million people into its health insurance exchange, called Covered California. The state has been heavily promoting its insurance exchange, hoping to raise awareness of the availability of health insurance coverage for those that do not have it. During the last open enrollment period, the state managed to enroll hundreds of thousands of people into the exchange, but enrollment rates have slowed considerably during the last days of the latest…

California homeowners insurance could be tough for pit bull owners

February 13, 2015February 12, 2015 Julie Campbell

Households that include certain breeds of dog could soon find that they are being denied coverage. Homeowners insurance companies across California are starting to make the decision as to whether or not they will be continuing to cover properties in which the owners have certain breeds of dog such as pit bulls. These breeds are being seen as a potential liability, and the risk is deemed too high by some insurers. There have been reports of certain homeowners insurance companies – including The Hartford, which was mentioned in an article…

Thousands set to lose their health insurance in the US

February 13, 2015February 12, 2015 Nordstrom

200,00 people will lose their insurance because they cannot prove they are legally living in the US An estimated 200,000 people may lose their health insurance coverage because they are unable to prove that they are legal residents of the United States. According to the Department of Health and Human Services, these people will have their insurance coverage invalidated on February 28 of this year. These people had previously enrolled in insurance exchanges, finding policies that they may not have been able to find elsewhere. Many of these insurance policies…

States begin taking action on flood insurance

February 13, 2015February 12, 2015 S.Vagus

National Flood Insurance Program is now $20 billion in debt The U.S. National Flood Insurance Program is $20 billion in debt and the provisions of a law that would seek to resolve this issue have been delayed for four years due to concerns regarding its financial impact on consumers. While premiums for the flood insurance coverage offered by the program have been increasing, these increases have not been enough to make the program financially stable. Because this represents a serious risk for homeowners, some states are beginning to take matters…

Auto insurance limit increase sought in NJ for Lyft and Uber

February 12, 2015February 11, 2015 Julie Campbell

Rideshare companies and their coverage limits were the focus of a bill that has been discussed in New Jersey. Lawmakers in New Jersey have been discussing an auto insurance bill, this week, that has been focused on increasing the coverage limits that will be required of ridesharing services in the state, such as Lyft and Uber. At the start of the week, a spokesperson from Uber said that its reps would be present in order to testify. Those Uber representatives spoke before the New Jersey Senate Transportation Committee. The bill…