Live Insurance News

Demand for terrorism insurance is on the rise

December 2, 2015December 1, 2015 S.Vagus

Paris attacks highlight the potential value of adequate insurance coverage In the wake of the November 13 attacks in Paris, France, the demand for terrorism insurance may grow. Several businesses have struggled to recover following the attack, which left Paris in a state of emergency, and these businesses may be able to find some solace through the claims they issue to their insurance providers. They may also find some support through a special state-backed fund that was established in France in 2011. Terrorist attacks are becoming a major concern for…

Auto insurance study identifies the worst drivers in the US

December 1, 2015November 28, 2015 Julie Campbell

child kid auto insurance bad worst drivers

Recent research has identified Montana as being the state that has the worst drivers on its roads. As the Thanksgiving holiday weekend came to a close and the weather starts to turn slightly less friendly to drivers, an auto insurance study has determined exactly where the worst drivers in the country live, regardless of how bad or great you think your local road users might be. Montana took the unwanted top spot of having the drivers on its roads that are the most dangerous. The auto insurance research was conducted…

Cutting the crop insurance subsidies is proving to be challenging

December 1, 2015November 28, 2015 H. Cutner

It is now expected that part of the reductions in subsidized coverage for growers will be repealed. Back in April, Republicans in Congress formed a new agreement in order to move ahead on a plan that was designed to create a savings of $5 trillion over the next ten years, and reductions in crop insurance subsidies were a part of this effort to balance the budget at the end of that time. However, as time has passed and the practical side of these insurance subsidy decreases plays out, it may…

North Carolina health insurance companies owe $8.5 million in rebates

December 1, 2015November 28, 2015 Logan B.

Insurers must return some $8.5 million in premiums to consumers and businesses Health insurance companies in North Carolina will be reimbursing consumers and businesses some $8.5 million, according to the state Insurance Commissioner Wayne Goodwin. These insurers have failed to comply with the medical loss ratio, a provision of the Affordable Care Act that requires insurers to spend no less than 80% of the money they collect through premiums on medical care. For insurers providing coverage to businesses, the medical loss ratio is set at 85%. Medical loss ratio continues…

A good tire pressure gauge is a vital part of winter safety

November 30, 2015November 28, 2015 Julie Campbell

auto insurance winter tire pressure gauge

You may have put your winter tires on, but if they aren’t properly inflated, they aren’t as effective. Across the United States and Canada, a growing number of insurance companies are offering discounts for careful attention to safety throughout winter months, such as using winter tires, but drivers should also be investing in a high quality digital tire pressure gauge to make sure their inflation is where it should be. Fluctuating temperatures make it especially important to keep an eye on tire inflation levels. On the Canadian side of the…