Live Insurance News

Preservation Pennsylvania calls for changes to the National Flood Insurance Program

February 12, 2015February 11, 2015 Marc

Organization adds Muncy Historical District to list of high-risk flood sites Preservation Pennsylvania, a non-profit organization, has added the Muncy Historical District to its list of sites that are at a high risk of flooding damage. The organization has taken this opportunity to call for changes to be made to the federal National Flood Insurance Program. The program is often the only place to find flood insurance in the United States and has been beleaguered by financial issues for several years. Flood damage could be a major problem for the…

Cyber insurance is becoming more important for businesses

February 12, 2015February 11, 2015 Logan B.

Fallout from major data breach at Anthem highlights the need for cyber insurance Following the major cyber attack against health insurance provider Anthem, numerous insurers are beginning to promote cyber insurance. Last week, Anthem confirmed that it was the victim of a major data breach, wherein hackers stole personal information concerning the company’s clients from its databases. Anthem noted that no financial information was compromised by the attack, but more insurers are beginning to stress the importance of adequate cyber insurance protection. Oklahoma Insurance Commissioner is promoting digital protection In…

Identity theft insurance recommended for some Anthem customers

February 11, 2015February 10, 2015 Julie Campbell

After the huge cyber attack that caused a data breach at the insurer, agents are recommending protection. At the end of last week, Anthem revealed that it had experienced a massive cyber attack in which up to 80 million customers may have had their sensitive information compromised, and now agents are recommending that identity theft insurance be purchased in order to protect against the type of damage that those cyber criminals could potentially inflict. The customers whose data was exposed in the hack could have their ID stolen, which could…

Health insurance company Anthem has been hacked

February 11, 2015February 10, 2015 Nordstrom

hacked phone federal health insurance exchange

Anthem reports a major data breach at one of its databases storing consumer information Health insurance giant Anthem has announced that it has fallen victim to a major data breach. Last week, hackers managed to break into a database that stored a wealth of consumer information. Among this information were names, birthdays, addresses, and Social Security numbers of Anthem clients. According to the health insurance company, “tens of millions” of private records were taken from the database. Anthem claims that no medical or credit card information was stolen in the…

Health insurance companies in New Mexico may help cover the costs of vaccinations for children

February 11, 2015February 10, 2015 S.Vagus

childhood vaccinations vaccine injection needle health insurance

New bill will require insurance companies to pay into a state vaccination program A new legislation in New Mexico would require the state’s health insurance companies to help cover the cost of vaccines for privately insured children. New Mexico is one of a small number of states that have a universal vaccine purchasing program in place. These programs are meant to boost immunization rates and, potentially, make the state a healthier place for children. Paying into this program is completely voluntary, as vaccinations have become a somewhat controversial issue. Insurers…