Tag: Hawaii insurance

Public long term care insurance program debate to start in Hawaii

Julie Campbell
Hawaii long term care insurance industry

The state is about to begin a discussion about starting the first universal coverage program in the country. Hawaii is about to enter into a debate that will discuss whether or not the state should launch the first public long term care insurance program to exist in the country; a move that will likely have the nation’s insurance industry watching very closely. This LTC insurance program would be the first time coverage of this nature was offered by a state. The benefit for people covered by a universal long term…

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Traffic violations lead to higher auto insurance premiums

S.Vagus
georgia auto insurance news

In some states, premiums grow by a significant margin when drivers are hit with traffic violations Moving violations often lead to increase auto insurance premiums, but in some states, the increase is astronomical. A new report from InsuranceQuotes.com highlights the dramatic increase of auto insurance premiums in some states for those that receive driving under the influence (DUI) charges. On average, consumers can expect to pay 92% more for their coverage when they receive a DUI charge, which is the national basis. In some states, however, costs can shoot up…

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Hawaii residents advised to check their homeowners insurance policies

Nordstrom
Hawaii Homeowners Insurance

Insurance Commissioner Ito warns people to check their insurance policies as Tropical Storm Ana approaches the state Tropical Storm Ana is moving closer to Hawaii and the state’s Insurance Commissioner, Gordon Ito, is urging homeowners to check their insurance policies to ensure that they are protected from potential damages. Homeowners insurance is often a complicated matter for consumers, as many believe that their policies protect them from the full gamut of natural disasters they could fall prey to. This is not the case, however, especially when it comes to flood…

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Hawaii’s largest insurers pulls out of health insurance exchange

Logan B.
Hawaii long term care insurance industry

The Hawaii Medical Services Association is abandoning the state’s insurance exchange Hawaii’s largest insurance company has pulled out of the state’s health insurance exchange, Hawaii Health Connector. The insurer, the Hawaii Medical Service Association, opted to pull its small business plans from the exchange late last week. Next year, agents working with small businesses will have only one insurer to work with through the exchange: Kaiser Permanente. The decision is not expected to affect individual health insurance plans in any way and many of the states insurers do not have…

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Insurance company withdraws from Hawaii health exchange

H. Cutner
Hawaii Health insurance company

The largest provider in the state has now announced that it is pulling out of the troubled marketplace. The struggling Hawaii Health Connector has now experienced yet another setback, as the largest insurance company in the state has revealed that it will not be remaining within the exchange for individuals or small businesses. The Hawaii Medical Service Association (HMSA) will not be offering its plans to consumers for 2015 coverage. The insurance company announced that it has decided to cut off the small business plans that were going to be…

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