Though growers are pleased that the program continues to exist, they are wary of cuts to direct subsidies. Farmers in Kansas are thrilled that their crop insurance program has been maintained as a part of a scaled down farm bill that has been passed by the U.S. House, but they are still leery as it doesn’t look as though the opportunity that it will provide will be quite as lucrative as what it used to be. They are still watching to see which elements of it will make it into…
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The political arena is ripe with news from the insurance industry – 2012 being a presidential election year, as well as other changes, have made for one of the hottest news topics we have.
Entirety of Alabama to be covered by health insurance exchange
Whole of Alabama could be covered by health insurance plans The entirety of Alabama is expected to be covered by the state’s health insurance exchange when it becomes operational at the beginning of 2014. The state’s exchange system is to be managed by the federal government, but state officials have been fielding proposals from health insurance companies concerning the policies that will be available through the exchange. Several of these insurers have come forward with expansive health insurance plans, with a few even offering to provide coverage to the entirety…
Read MoreAuto insurance electronic proof law signed by Missouri governor
Gov. Jay Nixon has now added his signature to House Bill 322 so that coverage cards can be shown digitally. The Governor of Missouri, Jay Nixon, has now signed House Bill 322, which will give drivers the opportunity to use their smartphones and other mobile electronic devices to display a digital version of their proof of auto insurance, which will be considered an allowable format for official situations. These devices are being used by people for a growing number of purposes and could make proof more convenient to display. According…
Read MoreHealth insurance mandates make coverage expensive in Connecticut
Connecticut health insurance mandates could make coverage expensive through exchange In Connecticut, the state’s health insurance exchange, called Access Health CT, is set to begin open enrollment on October 1 of this year, with coverage to go into effect on January 1, 2014. Like other health insurance exchanges throughout the country, Connecticut’s system has been the subject of some controversy, but not for the reason that similar programs have been scrutinized. Where much of the criticism concerning health insurance exchanges has to do with the cost and ability for these…
Read MoreAuto insurance minimum requirements may rise in Illinois
The General Assembly is waiting for the governor to decide whether or not he will sign off on it. The last time that Illinois established a minimum mandatory auto insurance level for motorists was in 1989, at which time $20,000 was felt to be sufficient coverage for liability coverage. However, over the years, that amount has been able to cover a decreasing portion of medical bills for people injured in accidents. Nearly a quarter of a century later, the state is now passing legislation to increase the required liability auto…
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