Live Insurance News

It’s Rosacea Awareness Month and experts are paying attention

April 20, 2016April 20, 2016 Julie Campbell

rosacea awareness months - symptoms JulieBC

This month is now being recognized by medical experts and patients around the world. Rosacea Awareness Month is well underway and is being supported by some of the leading experts on this skin condition in the world with an estimated minimum of 16 million people who are believed to have some form of rosacea in the United States. Worldwide, it is believed that 40 million people who are affected by rosacea without knowing it. The American figure was presented by the National Rosacea Society (NRS). That organization is one of…

Texas hailstorms highlight the importance of homeowners insurance

April 20, 2016April 20, 2016 S.Vagus

Hailstorms batter Northern Texas, showing consumers the need for insurance coverage Northern Texas was recently the victim of a major hailstorm, which has highlighted the need for comprehensive homeowners insurance coverage. In the Dallas area, insurers experienced a flood of claims, which were the result of a hailstorm that passed through the region. As with all natural disasters, the hailstorm struck without warning, causing significant damage to property and vehicles in some parts of the region. Some homeowners have been experiencing hail damage for weeks due to unfavorable weather patterns.…

Allstate aims to raise insurance premiums in Georgia

April 19, 2016April 18, 2016 S.Vagus

Allstate bypasses rate proposal process to increase premiums Allstate customers in Georgia may see their insurance premiums spike, according to the Georgia Department of Insurance. The insurance company is planning to implement rate increases on some policies, with premiums rising by as much as 58.3%. According to Insurance Commissioner Ralph Hudgens, this is the first time he has seen such a rate hike. Moreover, the proposed rate hike has not been approved by the Department of Insurance. Insurance Commissioner claims Allstate bypassing the proposal process is unfair Hudgens notes that…

Idaho health insurance exchange is struggling to serve consumers

April 18, 2016April 18, 2016 S.Vagus

Your Health Idaho issues bulletin to agents to help resolve one issue consumers are experiencing Your Health Idaho, the state’s health insurance exchange, has issued a bulletin to insurance agents. The bulletin is meant to help agents better serve customers, providing them with information on what to do if people cannot get treatment for life threatening illnesses because they are unable to use their coverage. According to the bulletin, agents should include the term “medical urgent” in the subject line of emails being sent to the exchange. Since the bulletin…

Most common and costly homeowners insurance claims

April 15, 2016April 16, 2016 Julie Campbell

A recent analysis conducted by The Travelers Companies has revealed some significant trends. According to the results of a homeowners insurance claims data analysis conducted by The Travelers Companies Inc., weather incidents were the cause behind more than half of all the filings that were made by policyholders. Among the events that were most commonly at fault were wind, frozen bursting pipes and leaky roofs. Despite the fact that the most common homeowners insurance claims were those caused by weather damage, it was the fire damage claims that were the…