Homeowners insurance in Connecticut may be banned from dog discrimination

Julie Campbell
Dog liability homeowners insurance

A lawmaker is seeking to make it illegal for insurers to inquire about the breed of a policyholder’s dog. A Connecticut lawmaker is now moving forward in an effort to ban homeowners insurance companies from being able to ask about or discriminate against the breed of a policyholder’s dog, when they are issuing coverage within that state. Republican Rep. Brenda Kupchick is trying to make it easier for certain dog owners to obtain coverage. Kupchick, of Fairfiel, Connecticut, has stated that her constituents have found it challenging to the point…

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Insurance industry in China has experienced a profit doubling

H. Cutner
china insurance industry

The country saw a profit of 204.7 billion yuan in 2014, which was over twice what was seen in 2013. The insurance industry in China has now recorded a record breaking profit last year, when it recorded a profit of 204.7 billion yuan (about $32.84 billion), which represented more than double the amount that was brought in during 2013, according to data from a regulator. The China Insurance Regulatory Commission released a press document providing insight into the sector’s performance. It showed that the premium investment capital gains from last…

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Health insurance subsidies could vanish for many people in the US

Logan B.
health insurance costs subsidies

Supreme Court ruling could put an end to insurance subsidies for those living in states with exchanges managed by the federal government The Urban Institute has released an analysis concerning those that will be most affected by a Supreme Court ruling regarding subsidies provided under the Affordable Care Act. The Supreme Court is expected to rule on a matter regarding whether or not those in states that do not run their own health insurance exchange can receive subsidies. In the case of King v. Burwell, the availability of these subsidies…

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Felony insurance fraud charges laid against former MLB’s Ted Lilly

Julie Campbell
Ted Lilly insurance fraud

The former Major League Baseball pitcher is now facing three counts of the charge in the state of California. In California, Ted Lilly, the former Major League Baseball pitcher is now facing felony charges with three counts of insurance fraud against him for the filings that he allegedly made following an accident. Recent reports have stated that Lilly has entered a not guilty plea against the charges against him. The insurance fraud charges against Ted Lilly came from a claim that he filed after having been involved in an accident…

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Insurance news still being made by Superstorm Sandy with criminal probe

G. Turner
hurricane sandy flood insurance news

An investigation has now been launched by New York Attorney General Eric Schneiderman. New York Attorney General Eric Schneiderman is now making insurance news by opening a criminal probe into widespread accusations that have been made by the victims of Hurricane Sandy, who have said that their claims for flood damage have been rejected by their insurers as a result of engineering reports that were falsified. Three lawsuits have been filed by homeowners insurance customers in federal court, against the insurers. This insurance news involves at least three lawsuits in…

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