Live Insurance News

Alberta flood insurance launched by Co-operators

May 27, 2015May 25, 2015 Julie Campbell

The insurer has introduced a new form of coverage for homeowners against overland flooding. Co-operators General Insurance Company has recently announced the launch of its brand new form of flood insurance, which can be purchased by homeowners living in Alberta, Canada, in order to protect themselves against the cost associated with damage from overland flooding. This new form of insurance policy is available throughout all of Alberta and covers against many types of water damage. The flood insurance policy has been created to be flexible and to provide coverage against…

Health insurance companies being placed under guidance of HHS

May 27, 2015May 25, 2015 Marc

Trumpcare health insurance investigation

HHS guidance will ensure that companies adhere to federal law The U.S. Department of Health and Human Services (HHS) has issued a guidance to health insurance companies that are in violation of one of the provisions of the Affordable Care Act. The provision in question involves insurers providing coverage for contraceptive care. The HHS seems to have made this move following a report released by the Kaiser Family Foundation, which showed that many insurers are not offering coverage for contraceptives as required by federal law. Some insurers are not offering…

Auto insurance premiums continue to rise in Ontario

May 27, 2015May 25, 2015 S.Vagus

Toronto Ontario Canada Auto Insurance News

Insurance premiums in Ontario may be affected by for profit clinics Ontario is home to the highest auto insurance premiums in Canada, and rates for many drivers continue to rise, even if they have immaculate driving records. There are many factors that affect the cost of insurance coverage, but for-profit medical centers and rehabilitation clinics may be one of the reasons why premiums are on the rise. Notably, bodily injury claims in Ontario are significantly higher than they are in other provinces, perhaps due to the over-utilization of medical services…

Abortion insurance ban reversed by Texas House

May 26, 2015May 25, 2015 Julie Campbell

abortion insurance bill Woman Using Her Mobile Phone

The House Calendars Committee sent a controversial bill prohibiting the coverage to the full chamber. On Sunday night, the Texas House Calendars Committee made the decision to reverse a controversial bill that banned abortion insurance coverage from being included in the health plans sold over the exchange. This stopped the marketplace for Affordable Care Act compliance from selling plans covering abortions. As a result of the decision of the committee, this abortion insurance bill will now be sent back to the full chamber for a vote. The reversal has to…

Insurance news is undergoing a massive evolution from technology

May 26, 2015May 23, 2015 H. Cutner

Insurance news technology internet of things

The Internet of Things (IoT) is expected to be a driving force behind massive changes to the industry. Technology has been making insurance news for many years, but it is only of late that the changes have been at an exponential rate, as smart devices have become a typical part of the average household, and as the Internet of Things begins its own expansion. The solutions offered by the IoT can be as simple and practical as they are personalized. This means that insurance news generated by the IoT is…