Atlantic hurricane season starts today and may be an active one

Julie Campbell
insurance news - atlantic hurricane season

North America could be in for a more active storm season in 2016 than has been the case for the last few years. The North American east coast may be getting itself ready for activity this Atlantic hurricane season, which means that residents, businesses and insurance companies on that side of the continent should likely start to keep an eye on weather reports and take the right steps to prepare. Over the last few years, major hurricanes have been few in numbers, but it only takes one to bring catastrophe.…

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Michigan health insurance premiums are getting cheaper

H. Cutner
michigan health insurance

While rates have been on the rise across the country, residents of this state are staying affordable. According to the results of a recent study, Michigan health insurance rates are actually going to experience a small decrease in 2017, despite the fact that many other states across the country are watching their premiums grow increasingly expensive. This year has been relatively volatile in the ACA’s insurance exchanges, but that is not the case in Michigan. The Michigan health insurance premiums are not only remaining below the national average, but they…

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Open federal insurance regulations meeting to be held on June 3

G. Turner
meeting federal insurance regulations

The U.S. Federal Reserve hopes that Friday will use this opportunity for proposals for capital and other rules for insurers. The U.S. Federal Reserve has announced that June 3, 2016 will be the date for its open meeting in which proposals will be discussed with regards to federal insurance regulations for rules including capital and other factors affecting insurers. This Friday’s meeting will be centered around changes in regulations that have been building for over five years. The announcement from the American central bank was made following the preview of…

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AIG crowdfunding insurance will be among the company’s next offerings

Julie Campbell
AIG Insurance company CEO - Building in Manhattan

In order to assuage the concerns of investors, this coverage will help to protect them from being ripped off by startups. The American International Group has now unveiled a new form of coverage and this AIG crowdfunding insurance is meant to provide a unique protection not to startups that are attempting to raise money, but actually to the investors who want to take a chance on them but who are afraid of being scammed or losing their investments. The New York based insurance company is now gearing up for the…

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Oklahoma earthquake insurance under investigation by state commissioner

Nordstrom
Oklahoma earthquake insurance coverage

Proactive steps are currently being taken in order to discover whether or not rates are where they should be. State Commissioner John Doak has now announced that he is conducting an investigation into Oklahoma earthquake insurance as a part of a larger effort to make sure that the rates that are being paid by residents of the state are not higher than they should be. This announcement was made at a public hearing at which he heard new details with regards to insurance rate fluctuations. This new information helped the…

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