Live Insurance News

Homeowners insurance recommended for Oklahoma residents

August 12, 2013August 10, 2013 G. Turner

Officials in the state have been urging residents to consider the “hard to insure” program for their homes. The head of the homeowners insurance department in Oklahoma has released a statement that is currently urging residents to consider taking part in the “hard to insure” program to obtain coverage for their homes. This recommendation comes on the heels of over $1 billion in claims payments from May’s severe tornado damage. John Doak, the commissioner for Oklahoma, issued a statement at the end of the week that reminded residents of the…

5 Reasons Texting and Driving is a Terrible Habit

August 10, 2013April 21, 2014 Guest Author

Texting and driving is a terrible habit. The statistics don’t lie. Here are five great reasons not to send a text while behind the wheel. Remember, when you drive, you aren’t the only person that can face the consequences of your actions. 1. It’s More Dangerous Than Driving Drunk Texting while driving is now the most dangerous distraction on the road, period. New statistics show texting in your car while driving is six-times more dangerous than driving drunk. That means it is riskier to text while driving than to drink…

Health insurance improvements may reduce drug related deaths

August 9, 2013August 7, 2013 Julie Campbell

A new study conducted by American and Canadian researchers has provided new insight for the industry. The results of new research have just been released in Vancouver, indicating that health insurance could help to reduce the instance of deaths related to the use of opioid drugs. The reason that was found for this trend is that substitution treatment would be covered. Health insurance makes it possible for patients to be able to have coverage for methadone and other substitution treatments when they are struggling with addictions to these powerful medications.…

Travel insurance purchased by only half of vacationers

August 9, 2013August 7, 2013 G. Turner

The results of a recent study have shown that travelers are not purchasing medical coverage before they leave. According to the results of a recent study on summer vacations, only half of Canadians who head out of the country during the summer purchase travel insurance to cover themselves in case of a medical emergency. This includes those who are headed to the United States or abroad on their vacations. The travel insurance study was conducted by BMO Insurance. What it determined was that among the 83 percent of Canadians who…

Regulators announce health insurance rates for Connecticut exchange

August 9, 2013August 7, 2013 S.Vagus

Health insurance rates announced for plans sold through exchange The Connecticut Insurance Department has announced the approval for individual and small group health insurance rates for plans that will be sold through the state’s insurance exchange program. The state is set to manage its own health insurance exchange, opting to do so in order to ensure that the exchange provides the best service to consumers it possibly can. The state’s exchange, called Access Health CT, will begin open enrollment in October of this year before the policies sold through the…