Health insurance rates set to spike in Ohio

Marc
Ohio health insurance

Health insurance rates could be growing due to the Affordable Care Act The Affordable Care Act looms in the near future and stands poised to issue the last of its major changes to the health insurance sector of the U.S. The federal law has been the subject of controversy and harsh criticism since it was passed in 2010, but has not yet been derailed in any significant fashion. The law has already introduced many changes to the health insurance sector, including the introduction of health insurance exchanges, which are meant…

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Homeowners insurance rates grow nationwide

Logan B.
homeowners insurance rates grow

Homeowners insurance rates are increasing throughout the US Homeowners insurance has become a tricky subject in the U.S. Costs for this type of coverage are typically high in regions that are prone to natural disasters, such as those along the coastline of the Gulf of Mexico. States like Florida and Louisiana typically see high home insurance rates due to the fact that they have been victims of major hurricanes in the past. Homeowners insurance rates are growing, however, and this is not being restricted to just a few states. Rates…

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Insurance industry in N.A. sees Canadian insurer sold to American company

Julie Campbell
insurance industry news

Travelers has announced that it will be making the purchase for $1.25 billion in cash. The North American insurance industry has seen another major acquisition as an American insurer, Travelers Companies Inc. has just revealed that it is making a purchase of the Dominion of Canada General Insurance Co. This purchase is being made for a total investment of $1.125 billion to buy the company outright. The acquisition is being made as a part of the attempt Travelers would like to make to expand its presence in the Canadian insurance…

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Auto insurance proof apps laws proving confusing

H. Cutner
electronic proof of auto insurance

Though 23 states say that proof of coverage can be shown via smartphone, they haven’t been without problems. There are now 23 states in the country that say that it is legal for drivers to use their smartphones to display proof of auto insurance if they are pulled over by a police officer, according to the data from the Property Casualty Insurance Association of America (PCI). This offers motorists a convenient way to make sure that they always have digital “card” on hand. The goal is to make it much…

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Homeowners insurance issues growing for many Sandy victims

G. Turner
Flood homeowners Insurance Rates raising homes

Following the devastation left behind by sandy, residents of the area now face another expensive choice. Thousands of homeowners insurance customers are now facing expensive choices beyond having to manage and pay for the repairs from the catastrophe that Superstorm Sandy left in its wake along coastal areas of the eastern United States. Many property owners are finding that they can’t afford any of the choices now in front of them. This homeowners insurance news isn’t entirely new to these residents, except for the fact that it is now coming…

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