It looks like 2011 is going to be the year for several states to make all out changes to laws relating to car insurance requirements. Some of the states involved in making changes to existing legislation, are; New York, Oklahoma, and Nebraska. Also, in the car insurance news headlines…several states have decided to raise the minimum liability coverage required. Texas, for instance, has raised the minimum liability limits to 30/60/25. This means $30,000 for each injured person, up to $60,000 per accident. Property damage is staying at $25,000 per accident.…
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Australia’s disability program gets a shot in the arm
The Australian government’s Productivity Commission launched an inquiry into the nation’s disability insurance schemes and has release their findings in a report published this week. The commission found that the country’s current support system is unsustainable and does not provide enough support to the great amount of people suffering from disabilities. The commission is proposing a $12 billion a year insurance scheme. Currently, the government spends $6.2 billion per year insuring the disabled. An additional $6.3 billion will be needed to help another 360,000 disabled Australians. The insurance coverage would…
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