Tag: insurance policy

Health insurance misunderstandings may lead to bad choices, study

H. Cutner
health insurance confusion

Research has revealed that there is a gap between the reality of coverage and the average consumer’s perception. The findings that have been published by the American Institutes for Research, from a recent study, have revealed the outcome of an evaluation of the confidence level that people have when they are selecting their health insurance coverage when compared to their actual skills and knowledge on the subject. The open enrollment for buying a health plan is now less than two weeks away and perception may not match reality. As people…

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Insurance company goes under and leaves Pennsylvania taxi business uninsured

H. Cutner
taxi cab auto insurance news company

Some cabs in Harrisburg have now had their service suspended when they suddenly lost coverage. Pennsylvania commuters and tourists might find it just a little bit harder to get a cab, over the next while, as the operations of sixty six taxi and limo services were suspended by the Pennsylvania Public Utility Commission (PUC) when their insurance company could no longer provide coverage. It turns out that their insurance provider is now destined to be liquidated and is no longer capable of paying future claims. The commission’s press secretary, Jennifer…

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Auto insurance for Range Rovers is nearly impossible to find

G. Turner
range rover auto insurance

In London, drivers of these vehicles must provide proof of secure parking due to a rash of thefts. Owners of Range Rovers in London, England are suddenly finding themselves with a struggle that is greater than trying to pinch their large vehicles along narrow city streets, as auto insurance companies are now refusing to provide coverage for these high end vehicles unless proof can be shown that they will be parked in secure locations. The city has seen a massive number of thefts of these vehicles over the last short…

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Insurance plan loophole nearly closed

H. Cutner
health insurance for small businesses

The government is coming close to stopping employers from being able to offer substandard coverage. Insurance plan consultants were recently surprised to discover that under the rules of the Affordable Care Act, employers are capable of offering policies to their employees for next year that do not include hospital benefits. This has caused the administration to take action to correct an official calculator for approving of insurance policies. Officials from the Treasury Department are now working on changing the path of an official calculator that gives approval to various types…

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Insurance industry claims process is not enough to keep consumers loyal

S.Vagus
insurance industry claims

Survey from Accenture highlights the loyalty problem that the insurance industry has The claims process is often the target of criticism within the insurance industry. Consumers typically cite the way their claims are handled for the reason they are unsatisfied with their insurance provider. With thin in mind, many insurance companies take steps to improve their claims process, believing that this will ensure the loyalty of their customers. Even a well orchestrated claims process may not be enough to satisfy consumers, however, according to a new survey from Accenture. Results…

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