Author: H. Cutner

Auto insurance in the U.K. became much more costly, last year

H. Cutner
british UK auto insurance money expense cost

According to data from the ABI, premiums for insuring a car increased by an average of 8 percent. In the final quarter of last year, auto insurance premiums in the United Kingdom increased by an estimated 7 percent, when compared to the rates that had been charged to customers during the previous quarter. Throughout all 2015, it is estimated that the increase in car insurance premiums in the U.K. was 8 percent. The increase in auto insurance increases had a great deal to do with a premiums tax that has…

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New mortgage insurance unit spin-off is added to AIG’s current goals

H. Cutner
AIG Insurance company CEO - Building in Manhattan

American International Group has made the decision to look into a spin-off of that branch of its business. American International Group (AIG) is now in the midst of the pursuit of a spin-off of its existing mortgage insurance business, according to several reports based on sources who are familiar with the matter. This new strategy from the insurance company could come at precisely the time that goes up against Carl Icahn. Despite the attempts that the company is seeking to make to spin-off its mortgage insurance business – which made…

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Homeowners insurance from Citizens may be getting pricier (again)

H. Cutner
Louisiana homeowners insurance news

Louisiana residents with this coverage may soon be paying more for their coverage later in 2016. Residents of Louisiana who purchase the homeowners insurance of last resort in the state may soon find that their rates are going to be higher than they had been last year, if Citizens gains approval for an increase request that they have submitted. The increases wouldn’t go into effect until later this year, but property owners should prepare themselves. Should the homeowners insurance rate increases be approved, it will be residents of Terrebonne and…

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Health insurance enrollments remain low among young adults

H. Cutner
health insurance marketing young woman

The Affordable Care Act needs younger and healthier consumers to sign up to offset costs from older policyholders. As much as the Affordable Care Act has seen a considerable growth in the number of uninsured people who have been signing up for health insurance through the exchange websites, there is one considerable area of struggle that it has been facing in terms of sign-ups: young adults. This problem isn’t a minor one, as the ACA had been relying on healthy people to offset the expenses of the sick. As young…

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Texas health insurance exchange continues to build enrollees

H. Cutner
Texas health Insurance companies

In the second last week of December, the number of people who signed up in the state rose by 56,000. Texans have recently started to flock to the Texas health insurance exchange and have been signing up for plans that will allow them to comply with the Affordable Care Act’s individual mandate, raising the numbers by a massive 56,000 people within the second last week of December alone. The total number of people who have enrolled in the state has reached just short of 1.1 million. These figures were released…

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