Live Insurance News

Health insurance rates set to rise in Alaska

September 10, 2014September 8, 2014 S.Vagus

Policies sold through Alaskan health insurance exchange will become more expensive next year Premiums for policies sold through the Alaskan health insurance exchange are expected to rise in 2015. The exchange has served as a place for Alaskan residents to find the insurance coverage they need at an affordable rate. Next year, however, the affordability of some insurance policies is likely to decrease as insurers raise rates on the coverage that they provide. Two of Alaska’s largest insurance provides have announced plans to raise premiums beginning next year. Insurers seek…

Auto insurance will be required on all Mexican federal roads

September 9, 2014September 6, 2014 Julie Campbell

Though state laws aren’t changing with regards to coverage, federal highways and bridges are different. Coverage is going to be mandatory whether you’re a citizen of the country or you’re driving across the border for a fun vacation, so auto insurance policies should be checked to ensure that they are adequate. New amendments to the laws in the country have determined that car insurance is a necessity for drivers. Though there is still a considerable rate of uninsured drivers in the country, for those who want to head out on…

Health insurance rates are on their way up next year in NY

September 9, 2014September 6, 2014 H. Cutner

Residents of New York will find that their health plans aren’t quite as affordable as they were for 2014. Regulators in New York have now given their approval to increase health insurance rates for next year, although the hikes in the premiums are not going to be as high as what the industry had initially wanted. The rate increases will also apply to the policies that are being sold on the state’s new exchange. The health insurance rate increases will apply to the policies that are being sold in the…

Health insurance rates set to go up in Washington

September 9, 2014September 6, 2014 Marc

Washington residents will be paying more for their insurance coverage in 2015 Health insurance in Washington may become more expensive next year. The Office of the Insurance Commissioner expects to see premiums grow by a modest degree in 2015, noting that those with coverage and those seeking coverage will be spending more money on their policies. Rates are expected to see modest growth in comparison to how much they had increased in the years leading up to federal health care reform. Insurance rates expected to increase by an average of…

Cyber insurance could be lacking for banks when it comes to protection

September 9, 2014September 6, 2014 S.Vagus

Banks may not benefit from cyber liability insurance as much as they may believe Recent cyber attacks have highlighted the dangers that exist in the digital world. These dangers are still not fully understood, due to the fact that many businesses have only very recently begun the process of “digitizing” themselves. Banks are among those that have only recently begun to grow more digital, and this means that cyber insurance is beginning to attract more attention from these financial service organizations. The problem is, however, that insurance may not be…