Tag: North Carolina insurance

Autism insurance faces the senate in North Carolina

Julie Campbell
Health Autism Insurance Coverage

Parents with kids on the spectrum in N.C. must currently pay for speech therapies and treatments out of their own pockets. North Carolina is among a large number of states that is looking into their regulations regarding autism insurance coverage and what parents of children on the spectrum should have to pay out of their own pockets when it comes to various treatments and therapies. In 37 American states, the cost of treatments to help autistic kids speak is covered – at least in part – by health insurance. Parents…

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Legislation removes rate caps on auto insurance in North Carolina

S.Vagus
auto iinsurance car

New legislation removes rate limitations on auto insurers New legislation could remove North Carolina’s limits on auto insurance rates. Currently, the state’s insurance companies are required to adhere to rules that place limits on how much they can charge for auto insurance every year. These limits are determined by Insurance Commissioner Wayne Goodwin, along with other regulators, and are meant to provide consumers with some degree of financial protection. The new legislation will change this, allowing insurers to opt out of the current regulatory structure and have more control over…

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New regulations target auto insurance laws in North Carolina

Marc
north carolina auto insurance

Regulations could benefit drivers in North Carolina New regulations may have a major impact on drivers throughout North Carolina, if they are approved by the state’s lawmakers. These regulations would change the state’s auto insurance laws, which were created in 1957 and have seen little reform over the years. The regulations have managed to win strong support from the state’s insurance companies, many of whom are eager to see changes to insurance laws in order to better manage modern trends and risks in the state’s market. Insurers show support for…

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North Carolina homeowners insurance rate increase resistance building

H. Cutner
car insurance rates homeowners

Residents of the state are becoming frustrated and angry about the spike of up to 25 percent. As the cost of North Carolina homeowners insurance comes closer to its August increase of an average of 25 percent, residents are keeping a careful watch on the regulator in the state, which held a public hearing on Friday to give these customers the opportunity to voice their opinions on the prospect that they will be seeing their premiums skyrocket this year. The hearing fell three weeks after the insurers in the state…

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Abortion insurance ban considered for some NC policies

G. Turner
Health insurance care reform confusion debate

The state is looking into stopping private health plans from being able to provide this coverage. The state of North Carolina is weighing a proposed law that would stop abortion insurance coverage from being included in the health plans that are sold within the online exchange starting in October 2013. This would not be a regulation for all insurers in the state, but only those who plan to sell over the public marketplace. Limiting the private abortion insurance coverage is permitted under the federal healthcare reform laws that require nearly…

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