Homeowners insurance group seeks financial protection against hurricane season

Citizens Insurance Louisiana homeowners insurance property

Homeowners insurance group responds to threats of hurricane season With the peak of the 2013 hurricane season fast approaching in the U.S., Louisiana’s Citizens Property Insurance is looking to protect itself from the financial impact of possible storms. The state-run organization accounts for the majority of the homeowners insurance policies currently in effect throughout the state and primarily provides coverage to properties in coastal areas. Louisiana, like Florida, often falls victim to tropical storms and hurricanes during the hurricane season, but unlike Florida, the state has not managed to avoid…

Read More

Health insurance alternative becomes law in Arkansas

Arkansas Health Insurance

Arkansas health insurance law provides alternative to expansion of Medicaid program The Affordable Care Act has seen no shortage of controversy and challenge in the U.S. While some states have worked to unseat the federal law, despite it being upheld by the Supreme Court, Arkansas has been one of the few that has been working for alternatives regarding the provisions outlined in the law. Earlier this year, Arkansas began developing a plan to support its private health insurance exchanges as a suitable alternative to expanding its Medicaid program that would…

Read More

States seek alternative to Medicaid health insurance expansion

health insurance exchanges

Lawmakers continue to wrangle with health insurance requirements The Affordable Care Act will become fully enacted next year, leaving states throughout the U.S. relatively little time to comply with the federal law’s numerous provisions. One of these provisions, in particular, has been somewhat controversial in several states. That is the mandatory expansion of Medicaid. While the Medicaid program is, technically, overseen by the federal government, each state has its own division of the program which they are required to govern. Per the Affordable Care Act, all states must expand their…

Read More

Flood insurance in New Orleans expected to rise

New Orleans Flood Insurance

FEMA maps could make flood insurance more expensive in New Orleans The U.S. Federal Emergency Management Agency (FEMA) has been making revisions to its national flood maps over the past several months. The agency notes that making changes to its existing flood maps is necessary due to environmental concerns and how changes in climate are affecting portions of the U.S. In some parts of the country, rising sea levels are exposing citizens to risks associated with floods. Powerful storms have also been causing widespread flooding, as was the case with…

Read More

Louisiana home to most expensive auto insurance coverage in the US

Louisiana Auto Insurance rates

Survey shows Louisiana leads in terms of auto insurance costs Insure.com, an online insurance marketplace, has released its latest annual survey concerning the average cost of auto insurance throughout the U.S. The survey highlights the cost of auto insurance rates in all states, showing how much consumers can expect to pay to cover their vehicles. This year, the survey shows that Louisiana is at the top of the list of states where auto insurance coverage is most expensive. Maine is the state with the lowest average auto insurance coverage rates.…

Read More