Legislation revitalizing the KidsCare program has received approval from state representatives Children in Arizona may soon have access to the health insurance coverage they need thanks to new legislation. The legislation has been approved by the state’s House of Representatives and aims to revitalize a program known as KidsCare. The program is designed to provide coverage for children in families with incomes from 138% to 200% below the federal poverty level. The legislation revitalizing the program still has some legislative hurdles to overcome, but it has gathered strong support from…
Read MoreAuthor: S.Vagus
UK’s flood insurance program could face major risks in the future
Rise in house building may increase the risks of flood damage for some households The demand for housing is growing rapidly in London and this could lead to a surge in flood risks throughout the city. This could place the United Kingdom’s flood insurance program, called Flood Re, under a great deal of pressure, according to researchers from the University of Oxford. Researchers believe that the number of households eligible for Flood Re coverage will grow as much as 75% in the coming years. Flood Re program will launch in…
Read More12.7 million people enroll for health insurance coverage in the US
HHS reports that more people signed up for insurance coverage in 2016 than they did in 2015 The Department of Health and Human Services has released data showing that 12.7 million people throughout the United States have enrolled for health insurance coverage through exchanges for 2016 coverage. Enrollment numbers surged during the last hours of the open enrollment period as consumers scrambled to acquire the health insurance policies they need to avoid a federal penalty. The open enrollment period seems to have been a success, ensuring that more people than…
Read MoreOver 200,000 people enroll for health insurance in Washington
Washington consumers find the coverage they need through the state’s insurance exchange The open enrollment period for health insurance exchanges has ended and more than 200,000 people have enrolled for coverage in Washington. State officials note that more people may have attempted to acquire coverage through exchanges, but were unable to due to technical difficulties. Those that experienced computer issues are being encouraged to contact Washington Healthplanfinder in order to complete the enrollment process. Though the open enrollment period is over, those with partially completed enrollment applications could be granted…
Read MoreMissouri homeowners are being encouraged to purchase flood insurance coverage
Consumers and businesses alike are being urged to acquire flood insurance Missouri homeowners, business owners, and renters are being encouraged to purchase flood insurance coverage, even if their properties are not located in risk-prone areas. Floods have caused significant damage in the past due to heavy rainfall and powerful storms. In Missouri, those without flood protection are being urged to acquire coverage in order to adequately protect themselves and their properties. Typically, however, the only place for people to find coverage is through the National Flood Insurance Program. Agencies in…
Read MoreUtilities are showing more interest in cyber insurance protection
Utilities in the United States may need insurance coverage to protect against digital threats Utilities in the United States are beginning to express concern over digital risks following cyber attacks that were seen in Ukraine in December 2015. As such, these companies are beginning to look into new cyber insurance policies, which may be able to offer them a degree of protection against digital threats. Malicious groups could do significant damage to a country’s energy infrastructure through a cyber attack and utilities are looking for ways to ensure that this…
Read MoreCommercial insurance for industrial machinery
The purchase and sale of used industrial machinery is growing among businesses throughout the world. This practice is not uncommon, but those purchasing such machinery need to be adequately protected with insurance coverage to mitigate certain risks. Businesses are purchasing used industrial machinery as a way to cut costs and some may be missing out on the commercial insurance coverage they need. There are a wide range of industrial machinery available on the market, and these machines each pose their own risks to those purchasing them. Several companies offer commercial…
Read More