Author: Dan

Health insurance navigators targeted by new HHS rule

Dan
U.S. Health Insurance

States continue to express concerns over health insurance provisions of federal law The Affordable Care Act continues to be a controversial issue throughout much of the U.S. Many states have opted to oppose the law as a whole on general principle, while the majority of the country has raised concerns over the lack of guidance being offered by the federal government, especially in terms of health insurance. These states argue that much of the federal law is left vague in a misguided attempt to allow states to comply with the…

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Consumer satisfaction in homeowners insurance sector continues to climb

Dan
J.D. Power Report Homeowners Insurance

Report highlights satisfaction among homeowners insurance customers J.D. Power and Associates has released a new study concerning consumer satisfaction in the homeowners insurance market. The study, entitled “J.D. Power and Associates 2013 Property Claims Satisfaction Study,” claims that homeowners insurance customers are more satisfied with their claims when dealing with insurance agents rather than their insurance providers directly. The study also indicates that general satisfaction with the way insurers handle claims continues to rise despite two years of heavy losses due to natural disasters. Satisfaction is off to a good…

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Flood insurance in need of modernization in the US

Dan
Flood Insurance Report

Report highlights the need to modernize flood insurance The U.S. National Flood Insurance Program is archaic, according to a new report from the National Research Council of the National Academy of Sciences. The report suggests that the flood insurance program is in dire need of modernization and could benefit from better risk management practices in the future. Researchers indicate that how the program manages risks associated with properties behind flood levees is one example of how outdated the program actually is. NFIP risk management seen as outdated In improving its…

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Allstate remains ahead of Geico in auto insurance market

Dan
Allstate auto insurance Geico

Gap between Allstate and Geico begins to narrow Allstate remains the second largest company in the U.S. in terms of auto insurance, but the company may soon lose its position to competitor Geico. Over the past year, the auto insurance sector has seen some volatility due to the frequency of natural disasters and the prevalence of insurance fraud. Despite this volatility, however, several auto insurance companies, such as Allstate and Geico, have managed to generate strong profits. The gap that once separated the two companies is beginning to narrow as…

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Health insurance through Florida KidCare program receives more attention

Dan
Children’s Health Insurance Program

Sacred Heart raises awareness for KidCare health insurance program Florida’s Sacred Heart Children’s Hospital has launched a new campaign to raise awareness for the Florida KidCare health insurance program. The federally-funded program offers health insurance coverage to those below the age of 19. According to Sacred Heart, the program has seen relatively low usage over the past few years due to consumers thinking that their children are not eligible for the coverage it provides. The organization is keen to see enrollment in the program grow in order to ensure that…

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