Report predicts that employers could put an end to their insurance plans The Congressional Budget Office has released a report that predicts that 10 million people will lose their employer-sponsored health insurance coverage by 2021. The report suggests that this will be due to provisions of the Affordable Care Act. If accurate, this prediction would run opposite to a statement from the White House that ensured people that they would be able to keep their health insurance coverage. This statement has already been scrutinized in the past, when insurers opted…
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Super Bowl insurance commercial starring Lindsay Lohan scores big
The troubled actress poked fun at her bad history behind the wheel for big laughs in an Esurance ad. As was reported at the end of January on Live Insurance News, Lindsay Lohan starred in an insurance commercial that was played during the Super Bowl, and unlike the ads put out by other insurers during Super Bowl XLIX, this one was very well received. The actress has a reputation as being a very hazardous driver, making her perfect for the role in this ad. Esurance, an insurer owned by Allstate,…
Read MoreInsurance company Super Bowl commercial gives viewers the creeps
A well intended ad from Nationwide was not at all well received by TV watchers on Sunday. An insurance company joined the Seattle Seahawks on the losing side of Super Bowl Sunday, as the NFL team suffered from an interception at the last minute, while Nationwide released a commercial that viewers found to be depressing and downright creepy. The insurer felt that it was a good idea to share a very important message about preventable accidents. With this in mind, the Nationwide Insurance company released a Super Bowl commercial that…
Read MoreUS regulator task force to target cyber insurance
Cyber insurance will be the focus of a new task force launched by the National Association of Insurance Commissioners The National Association of Insurance Commissioners has created a new task force that will be focused on cyber security. The task force is meant to increase consumer protection, introducing new regulations that target the insurance industry. Insurers collect valuable information from their customers, but new risks are emerging in the digital world that put this information in danger of theft and exploitation. The new task force could help foster further innovation…
Read MoreAuto insurance data shows NFL games cause accidents
The rate of drunk driving crashes increased on Super Bowl Sunday, as is the case with other football game days. The auto insurance industry has released data that has revealed that when NFL home games are played, as well as during the Super Bowl, car crashes rise, particularly when it comes to those that are associated with drunk driving. The data also revealed that when a home NFL team loses, the car crash rate increases more than when there is a win. Auto insurance statistics have shown that big NFL…
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