Live Insurance News

Georgia governor likely to sign autism insurance bill

April 23, 2015April 22, 2015 Julie Campbell

Before April is through, it is expected that Nathan Deal will be adding his signature to the legislation. Senate Bill 1, an autism insurance bill, is among the hundreds of bills that are currently sitting on the desk of Georgia Governor Nathan Deal, and is among those that are expected to be signed before the end of the month. In this case, the insurance legislation will be called Ava’s Law, should it be passed, named after Ava Bullard. If it does become a part of the autism insurance law in…

Legislation in Georgia increases auto insurance requirements for ride-share firms

April 7, 2015April 5, 2015 Logan B.

Legislation requires ride-share companies to improve their auto insurance policies New legislation in Georgia will require ride-sharing services Uber and Lyft to increase their auto insurance coverage. The legislation, called House Bill 190, won the approval of the state’s House of Representatives and is currently awaiting the signature of Governor Nathan Deal before it can be enacted. Ride-share companies have become a hot topic in the insurance space, as well as in the transportation services industry. These companies offer inexpensive transportation, but there have been concerns that the auto insurance…

Health insurance premiums see modest rise in Georgia

March 20, 2015March 19, 2015 Marc

State’s insurance rates remain steady despite fears of major increases The cost of coverage from Georgia’s health insurance exchange have remained steady, according to a study from the Urban Institute. Many had feared that premiums for policies sold through the state’s exchange would increase at a rapid pace, but this has not been the case. The exchange sells plans in Bronze, Silver, Gold, and Platinum categories, with each tier offering their own level of coverage benefits, with Platinum being considered the most comprehensive. Silver tier plans are, by far, the…

Insurance fraud warning issued in Georgia

February 6, 2015February 4, 2015 S.Vagus

Insurance Commissioner issues a warning concerning insurance fraud Georgia’s Insurance Commissioner, Ralph Hudgens, has issued a warning to consumers regarding insurance fraud. The insurance industry has been dealing with fraud for nearly as long as it has existed, but new threats are beginning to emerge in the digital world that the industry may not be prepared to deal with effectively. Conventional methods of fraud are also becoming more resilient to the measures that the insurance industry is taking to thwart them. Consumers are receiving calls from fraudulent representatives of life…

Homeowners insurance advice issued in Georgia following powerful storms

October 20, 2014October 19, 2014 Logan B.

Insurance Commissioner Hudgens provides some advice to homeowners in the state Georgia is no stranger to natural disasters, but many of its residents may not know how to handle their insurance companies in the wake of a severe storm. Several powerful storms have tore through the state in recent weeks, highlighting a lack of awareness concerning certain insurance issues. The state’s Insurance Commissioner, Ralph Hudgens, has provided some recommendations for those that have had their properties damaged by recent storms. Getting in contact with an insurance agent and documenting damage…

Self insurance to be the focus of consultant hiring for study in Georgia

October 8, 2014October 6, 2014 G. Turner

Trumpcare health insurance investigation

The Department of Employee Trust Funds is looking to bring in a new expert to research coverage in the state. The Georgia Department of Employee Trust Funds (ETF) is now working to hire a new consultant in Atlanta who will be able to research potential reforms to the $1.5 billion worker benefits program in the state, including the use of self insurance in order to replace the current competitive HMO model. The ETF plans to award this consultation contract to the Segal Company, according to recent insurance news. Spokesperson for…

Insurance claims pour in as snow falls in Georgia

February 6, 2014February 4, 2014 Nordstrom

Winter driving mayhem causes steep rise in insurance claims

Polar vortex sends snow to Georgia, causing serious damage to insured property and vehicles Georgia became a victim of unexpected snow storms recently. The state is unaccustomed to experiencing such events and, as such, the snow caused a great deal of damage to homes and vehicles. The snow storms that Georgia has been experiencing are linked to the so called polar vortex phenomenon that has cause temperatures to plummet throughout the U.S. States that typically experience very mild winter seasons have seen heavy snowfall as a result of the polar…