Tag: insurance bill

Business interruption insurance bill moves ahead in Louisiana Senate

Marc
Business interruption insurance - Agreed

The bill is meant to provide improved transparency in regard to this commercial coverage. Louisiana’s state Senate has advanced a business interruption insurance bill to provide greater transparency with this type of coverage. Over several weeks, many companies were surprised to discover their coverage didn’t cover pandemics. Senator Rick Ward (R-Port Allen) informed his colleagues that the dismay due to the lack of transparency in business interruption insurance was all too commonplace. The bill was introduced to try to improve the clarity of a policy’s coverage. Insurers have responded by…

Read More

Florida no fault car insurance repeal moves ahead in state Senate

G. Turner
florida no fault auto insurance

Senator Tom Lee (R-Brandon) introduced the bill in the hopes of controlling skyrocketing premiums. The no fault car insurance bill meant to repeal the current system in Florida has cleared an important Senate committee. Should it become law, it would mean that drivers will need to purchase bodily injury coverage. The primary hurdle so far has been the argument that lawsuits and premiums would rise further. Many of the objections have come directly from insurance representatives. Should the no fault car insurance be repealed, it would mean that drivers in…

Read More

Ohio insurance reforms could be beneficial to consumers

G. Turner
Ohio homeowners Insurance

Changes to the laws in the state could help to boost competition and strength while boosting protection for consumers. According to Mary Taylor, the director of the Ohio Insurance Department, as well as its Lieutenant Governor, the latest reforms to the insurance laws in the state could be exceptionally helpful for the maintenance of that industry’s strength and competition, and it may also bring additional protections to consumers. Senate Bill 140 is now also ready for the Governor, John Kasich’s signature. Once the Governor signs that bill into a law,…

Read More

Unemployment insurance bill to extend the coverage in the works

H. Cutner
Unemployment Insurance

This is developing into an effort that has bipartisan support as a Republican senator has jumped on the bandwagon. According to the Rhode Island Democrat Senator Jack Reed, he will be introducing a bill that would extend the long term federal unemployment insurance program by three months, and this proposal has a Republican co-sponsor. The hope is that there will be a procedural vote on this topic as early as January 6. Senator Reed discussed the importance of the unemployment insurance bill, stating that “This is not a program that…

Read More

Auto Insurance Discounts You May Not Know About

Guest Author
autohome umbrella

Many of us spend a large portion of our incomes on car maintenance, repairs, and auto insurance. To help decrease the high costs associated with car ownership, it is extremely beneficial to be cognizant of ways to save on auto insurance. Auto insurance can get expensive, but many people are unaware of the auto insurance discounts available to them. Below is an overview of several types of auto insurance discounts you may not know about. Have Multiple Cars Under the Same Insurance Policy If you own more than one car,…

Read More