Natural disasters and insurance

Disasters have an impact on the insurance industry Natural disasters do not only affect a certain type of person; they also have an impact on…

Trustmark Life Insurance clashes with federal regulators over higher insurance rates

Trustmark Life Insurance Co. has run afoul of federal insurance regulators who claim that the company has raised rates for health insurance to unreasonable levels.…

Louisiana Supreme Court reinstates suit against states Citizens Property Insurance group

The Louisiana Supreme Court has voted to reinstate a $92.8 million suit against the state’s Citizens Property Insurance Corp. this week. The suit originated in…

Health care costs may be uncontrollable as the populace ages

The costs of health care are on the rise, putting heavy financial strain on insurance companies which, in turn, translates into higher premiums for consumers.…

Property insurance rates in Mississippi even out but insurers still wary

The Mississippi Insurance Commissioner, Mike Chaney, is reporting that property insurance rates in the state are leveling off. Chaney spoke Tuesday at a luncheon hosted…

Insurance companies hesitant to insure motorcycle taxis

Insurers are not providing new products for motorcycle taxi owners. This is because of the increasing number of accidents.  Last month, the government required that…