No-fault auto insurance system debate returns to Florida House

No-fault auto insurance system - car crash

Replacement legislation would remove personal-injury protection in favor of bodily injury coverage. Once again, Florida’s no-fault auto insurance system has made its way back to the House and faces potential demise. This, despite concerns voiced by the industry suggesting that this move by the Legislature may not reduce premiums. Critics warn that removing the current system risks increasing health insurance rates and lawsuit numbers. Earlier this week, the House Insurance & Banking Subcommittee backed HB 771. That measure would replace the current mandatory components of the no-fault auto insurance system…

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US lawmakers aim to stop DNA test results from access by insurance companies

DNA test results - DNA - Gene - Cell

Millions of Americans are using services to examine their genetic backgrounds. Over 26 million people across the United States have used voluntary services to obtain DNA test results. Now, lawmakers are moving to protect those same consumers against a federal legal loophole. The legal loophole would permit certain insurance companies to connect customer genetic data. Florida lawmakers have already launched the first step to shut that loophole. The goal is to protect consumers from being required to provide their DNA test results if they do not want to. Using genetic…

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Judge gives the nod to Pacific Gas and Electric $24.5 billion plan

Pacific Gas and Electric - person holding money on fire

Two settlements have received approval, one for the victims of the wildfires and one for insurance companies. A San Francisco federal bankruptcy judge has approved two settlements from Pacific Gas and Electric Corp. for its role in the 2018 wildfires in Northern California. The two settlements total $24.5 billion and acknowledge PG&E equipment sparked several fires. The two settlements from Pacific Gas and Electric Corp are for the victims of the fires that devastated regions throughout Northern California, as well as the insurance companies that were required to pay wildfire…

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New York Governor Cuomo directs insurers to cover vaping cessation costs

Vaping cessation - Person using E-cigarette - vaping

The state is making another move to overcome its portion of the country’s e-cigarette use problems. New York Governor Andrew Cuomo and the N.Y. Department of Financial Services is directing insurance companies in the state to cover vaping cessation costs. The governor has ordered the department to direct insurers to pay related treatment expenses. As a result of this order, insurance companies will need to pay the costs of vaping cessation treatments without requiring policyholders to contribute via deductible, co-pay or co-insurance. Insurers will be required to offer the same…

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Federal judge denies Trump’s push to block immigration visas without proof of health insurance

Proof of health insurance - Lady Justice

Judge Michael Simon in Oregon ruled against the administration’s demand for coverage confirmation. A federal judge in Oregon has ruled against the Trump administration’s requirement for legal immigrants to show proof of health insurance in order to receive a State Department visa. The judge determined that the requirement would conflict with the Immigration and Nationality Act. According to Judge Michael Simon’s ruling, “the President’s Proclamation requiring legal immigrants to show proof of health insurance before being issued a visa by the State Department is inconsistent with the INA.” This is…

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Michigan auto insurance reform cuts injured driver fee by 55 percent

Michigan auto insurance reform - car accident

The MCCA intends to reduce its assessment for certain drivers with no-fault reform law implementation. New Michigan auto insurance reform will reduce injured driver fee as of July of next year with the implementation of new law. The Michigan Catastrophic Claims Association will be cutting down assessments for some motorists. The Michigan Catastrophic Claims Association (M.C.C.A.) intends to cut back its assessment for motorists who keep up unlimited medical coverage for injuries in car crashes. This reduction will take the assessment down from $220 to $100 per vehicle and it…

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Aging holocaust survivors file lawsuit over Nazi-era life insurance payouts

Holocaust Survivors - Image of Auschwitz

Surviving beneficiaries have faced a decades-long battle for payments for their murdered relatives. Holocaust survivors have been battling with life insurance companies for years – and sometimes decades – to receive life insurance payouts from policies for which they were beneficiaries. Family members of people murdered by Nazis are seeking payment from the coverage they had on the victims. Holocaust survivors are running out of time in their efforts to recover insurance policies that Nazi-era companies refused to honor. According to the Holocaust Survivors’ Foundation USA, the sum total of…

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