Tag: Arizona insurance

Independent Insurance Agent Brian Greenberg Selected for Million Dollar Roundtable

Guest Author
insurance agents

Insurance News: Unobtrusive business model led to success! PHOENIX, Arizona – Million Dollar Roundtable, the premier association for professionals in the financial and insurance field, has selected Phoenix-based life insurance agent Brian Greenberg to be a 2013 member. Only the top 1 percent of agents qualify for membership, which is based on sales volume and commissions. The organization also has a strict code of ethics. Greenberg’s company, True Blue Life Insurance, began in an unusual way. He started his career working as a traditional agent for MetLife, setting up appointments…

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Report: Arizona consumers to receive health insurance rebates

Marc
Homeowners Insurance in Florida

Affordable Care Act brings refunds to Arizona The future of the Affordable Care Act may be uncertain, but for now it is bringing some degree of financial benefit to consumers throughout the country. A new report from Consumers Union, a non-profit testing and information organization shows that Arizona insurance consumers can expect to see refunds this year, thanks to the health care law’s medical loss ratio (MLR) provision. According to this provision, health insurers are required to spend no less than 80% of the money they collect from premiums toward…

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California insurance industry follows Nevada regarding driverless cars from Google

Julie Campbell

Senator Alex Padilla (D-Pacoima), of California, has announced his new legislation regarding a Toyota Prius that has been modified by Google Inc., which is designed to occur alongside new regulations that are designed to permit the first autonomous vehicles in the world to receive their road testing and registration in Nevada. This bill was announced at a Sacramento press conference and was written with the input of Google and is a reflection of that company’s most recent attempt to demonstrate to policymakers that although these futuristic cars aren’t quite yet…

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AARP Arizona teams with insurance regulators to attempt to open up the state’s rate review process to consumers

Nordstrom

According to the Department of Health and Human Services, insurers in Arizona are pushing for double-digit rate increases. The matter has not escaped the notice of the state’s Department of Insurance, of course, and regulators are reviewing the rate proposals from the companies involved. AARP Arizona has begun engaging regulators on the behalf of consumers. The organization believes that consumers should have a larger role in the rate review process, especially since it is them who will feel the impact of higher insurance rates. AARP officials are working with the…

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Department of Health and Human Services seizes control of rate review process in Arizona

Arizona insurance companies are falling prey to federal insurance regulators as the Department of Health and Human Services (HHS) seizes control of the rate review process in the state. Last year, federal regulators began reviewing rates proposals from a company that sought approval for a 40% increase. Regulators decried this as one of the most unreasonable rate proposals they had seen since the passing of the Affordable Care Act and have vowed to fully investigate proposals coming from 32 other health insurance companies. Federal regulators will be reviewing any proposal…

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