Health insurance options limitations annoys small businesses

washington health insurance exchange

As of next year, the only state (aside from two counties) without a “SHOP” will be Washington. In 2014, other than two counties near the border of Oregon, the only state that won’t have a Small Business Health Options Program (SHOP), will be Washington, which means that the small employers across that state won’t have health insurance options that will bring them the federal tax credits that would help to keep the cost of the coverage for their workers down under the Affordable Care Act. Although the state has dozens…

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Auto liability insurance minimum is the focus in West Virginia

car insurance auto claims

The state is mulling over a potential increase in the lowest possible amount of coverage. In West Virginia, approximately 15 percent of vehicle owners are carriers of the minimum allowable amount of auto liability insurance, said the commissioner in the state when speaking to a legislative interim committee. Mike Riley spoke to the committee on Tuesday, using the results of a survey of the largest carriers in the state. Commissioner Mike Riley spoke based on a survey that was conducted on the four largest auto liability insurance carriers in West…

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Mobile auto insurance honor handed to GEICO

Geico auto Insurance

An independent research firm has said that the insurer’s smartphone functionality tops the ranks. According to Forrester Research, when it comes to mobile auto insurance functionality, GEICO is leading the way in the industry and is providing the best overall customer experience. Considering the importance of smartphones and cell phones in our lives, this is an important statement. The November 2013 report has been released by Forrester Research to include their 2013 U.S. Mobile Insurance Functionality Rankings. They determined that when it came to the performance of mobile auto insurance…

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Deposit insurance fund may soon be coming to China

China insurance market news

The central bank in the country could be assembling this fund as soon as 2014. As a step toward the establishment of an independent deposit insurance company, the central bank in China will likely be assembling a fund of that nature within the next year so that it will be prepared to provide the necessary coverage when its new product arm is ready to launch Although this action has yet to be officially confirmed, the news has been leaked by several unnamed sources. These sources, close to the central bank,…

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New York auto insurance rates vary widely throughout the state

New York Auto Insurance

A new report has been released to identify the five most expensive counties in which to purchase coverage. The release of a new report has now underscored the point for New York auto insurance customers that a driver’s zip code will make a considerable impact on the amount that will be paid in premiums. In fact, the county in which a motorist lives could nearly quadruple the cost of coverage. This state has the third greatest population in the U.S. Out of the total estimated population in the state, which…

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