Live Insurance News

Mobile proof of auto insurance may soon come to Mississippi drivers

March 17, 2015March 14, 2015 H. Cutner

digital electronic mobile proof of auto insurance

Motorists could soon be displaying their liability coverage cards on their smartphones. Drivers in Mississippi may soon be allowed to use their smartphones and other types of electronic device to be able to show their proof of auto insurance, should a new legislative bill be passed. Motorists will be able to display the liability insurance cards on the screens of their mobile devices. If the bill should pass, it will mean that even if motorists have not brought their traditional proof of auto insurance cards with them, it will still…

New report highlights the expensive nature of health insurance

March 17, 2015March 14, 2015 Logan B.

Many people in the US cannot afford the deductible on their health insurance policies The Kaiser Family Foundation has released a new report that shows that more consumers in the United States have health insurance, but fewer of these people are actually able to afford the deductible on their policies. The Affordable Care Act has helped make insurance coverage more accessible to consumers, but the law has not made deductibles for new policies affordable. Many consumers with mid-to-high range plans are unable to afford their deductibles because of a lack…

Earthquake insurance may soon be more important than many Californians realize

March 16, 2015March 14, 2015 Julie Campbell

A new scientific report has shown that the state will nearly definitely be hit by a massive quake inside three decades. The results of a new U.S. Geological Survey are now showing that earthquake insurance could become one of the most important investments that the residents of California can purchase in order to protect themselves. The scientific report has shown that before 30 years have passed, the state will see a mega-quake almost definitely. The industry has been warning about the importance of earthquake insurance, particularly areas along the San…

Insurance news made as FEMA takes new flood claim review direction

March 16, 2015March 14, 2015 G. Turner

This, as the Federal Emergency Management Agency has admitted that they have evidence of fraud. Officials from the Federal Emergency Management Agency (FEMA) have now made insurance news as they have agreed to provide the victims of Superstorm Sandy who feel that their claims have not been properly paid, with another opportunity to receive a review. This could provide as many as 144,000 claims with the chance to undergo a fresh review. Moreover, the review opportunity is also making FEMA flood insurance news as it will not be limiting the…

India’s government approved major insurance industry overhaul

March 16, 2015March 14, 2015 S.Vagus

Economic measure receives approval from the Indian Parliament India’s insurance industry is in for an overhaul, as Prime Minister Narendra Modi has passed his first major economic reform a year after coming to power. The Indian Parliament has voted to pass a measure that would have a major impact on the domestic insurance industry, allowing foreign investors to participate in the sector. The measure will increase the investments that foreign parties can make into local companies, which may be a boon for smaller companies that offer certain kinds of coverage.…