Live Insurance News

Will auto insurance rates rise because of cheaper prices at the pump?

September 14, 2015September 13, 2015 G. Turner

Just as the cost of fueling up with gas goes down, the premiums for coverage might go up. As we watch the price of gas falling, it can be easy to think that we’ll be saving a lot of money, that is until the auto insurance premiums start to make their rise and find us spending in a new area. The price of gas is not directly related to the insurance rates that are charged, but it is indirectly connected. Although the price being advertised at gas stations does not…

New Jersey residents are finding it hard to pay for health insurance

September 14, 2015September 13, 2015 S.Vagus

Report highlights the good news and bad news for those purchasing coverage through exchanges A recent report from the Centers for Medicare & Medicaid Services shows that enrollments in health insurance exchanges throughout the country remained stable during the last open enrollment period. In New Jersey, however, this could be a double-edged sword. While more people in the state have been able to acquire insurance coverage through the state’s exchange, fewer people are able to keep up with the pace at which insurance premiums are growing. New Jersey exchange continues…

Flood insurance policy ownership plummets in California

September 11, 2015September 10, 2015 Julie Campbell

Due to the ongoing droughts, Californians just don’t see the reason to pay for this coverage. As both state and local officials have now been saying that the droughts that California has been facing may, in fact, be a “new normal” for the state, flood insurance ownership has fallen by 12 percent. An estimated 30,000 insurance policies have been cancelled as they are no longer viewed as worth the price. The decrease by 12 percent has happened from 2012 until now. The reason is that the reduction in rainfall and…

Insurance costs force the cancellation of Battle of Britain fly-past

September 11, 2015September 10, 2015 G. Turner

The Shoreham crash has caused the premiums for these performances to spike, making this one cost prohibitive. The prohibitive insurance costs associated with covering a fly-past of 20 spitfires for a commemorative ceremony of the Battle of Britain have cancelled this portion of the event. The reason is that the premiums have spiked dramatically following the crash at the Shoreham Airshow. That disaster occurred in August and killed 11 people. Now, it has led the insurance costs associated with air shows to increase to the point that they may no…

Expansion of health insurance coverage has been a boon for those with chronic illnesses

September 11, 2015September 10, 2015 S.Vagus

research health insurance chronic illness

Study shows that health insurance coverage has grown significantly in the US The Harvard T.H. Chan School of Public Health has released a new study that shows that the expansion of health insurance coverage under the Affordable Care Act has had major benefits for those with chronic medical issues. The study suggests that those with chronic issues, such as high cholesterol and diabetes, are more likely to be properly diagnosed. By comparison, uninsured people that seek out medical services for their chronic conditions are unlikely to receive a proper diagnosis.…