Massachusetts health insurance is popular but confusingly complex, study

Julie Campbell
Massachusetts Health Insurance

Despite the fact that this exchange currently leads the country, many consumers still struggle with medical costs. The results of the annual Center for Health Information and Analysis survey have been released and show that Massachusetts health insurance, while still leading the nation in terms of the percentage of state residents who are insured, still faces certain considerable struggles. The state also leads in terms of health care costs rising faster than income growth and inflation rates. What the survey determined was that about one in every six residents of…

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Terrorism insurance is becoming common among large businesses

Marc
Texas Terrorism Insurance news

Major businesses are now beginning to embrace terrorism insurance more aggressively Terrorism insurance is becoming more common for businesses. Terrorist attacks are becoming more common, which is beginning to cause worry for businesses that could be caught in such events. Now, six in 10 major businesses now have terrorism insurance coverage. Jeremi Suri, chair of Leadership in Global Affairs, notes that businesses see paying for terrorism insurance as an adequate way to hedge risks. While it is still unlikely for most businesses to experience a terrorist attack, being prepared for…

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Report shows Texas is lagging behind in bringing health insurance to consumers

S.Vagus
Texas health Insurance companies

New report highlights the fact that Texas is falling behind the rest of the country when it comes to reducing the uninsured population Rice University’s Baker Institute for Public Policy and the Episcopal Health Foundation have released a new report that shows that the number of those without health insurance in the United States has dropped considerably between 2013 and 2015. Notably, however, Texas is lagging behind when it comes to decreasing its uninsured population. The report shows that, across the U.S., the number of uninsured consumers dropped nearly twice…

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Demand for cyber insurance rises throughout Europe

Julie Campbell
cyber insurance theft biometrics

As digital attacks and data breaches spread like wildfire, European companies are aiming to protect themselves. New legislation in the European Union with regards to data privacy is giving a considerable shot in the arm to the cyber insurance industry, say specialists in that market, particularly following some very high profile attacks on companies such as Experian and TalkTalk earlier in 2015. Last week, the E.U. agreed that its data protection laws needed to be changed from their previously fragmented state. The new laws will require companies to report data…

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Zurich insurance company reveals a new tactic in $1 billion deal

H. Cutner
zurich insurance company logo

The insurer that suffered striking losses last year and backed out of potential agreements has a new strategy. The Zurich insurance company has now come up with a new strategy to help to recover from a rough period throughout 2014 to 2015 and has revealed that it intends to spend over $1 billion in the purchase of an American agricultural insurer. This is a component of the insurer’s new strategy for acquisitions after having stepped back from RSA in the U.K. Earlier in December, the insurance company’s CEO chose to…

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