Auto insurance bill for ridesharing companies signed in California

G. Turner
carpool

This new legislation is designed to close the coverage gaps for drivers in this type of program. Governor Jerry Brown has now signed a controversial bill that is meant to provide a compromise and close the auto insurance gaps while at the same time calling for increased oversight of the rapidly growing industry of ridesharing companies and programs in California. Uber, the largest rideshare company in the industry, simultaneously announced plans for large scale hiring. The announcement made by Uber stated that the hiring would place a focus on bringing…

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Homeowners insurance rates are on the rise in Texas

G. Turner
Texas Homeowners Insurance

Insurance coverage is becoming more expensive because of natural disasters in the past Homeowners insurance rates are on the rise in Texas, and natural disasters may be the cause. The state has not been hit by a major hurricane in six years and devastating wild fires have not been seen since 2011. Despite the apparent lull in catastrophe, rates for insurance coverage continue to grow. This has to do with the lasting impact of natural disasters and how they affect the insurance industry. Texas is prone to disasters and insurers…

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Insurance industry continues to see a growth in premiums

S.Vagus
US Big Data insurance industry

Insurance premiums are on the rise throughout the world Premiums in the global reinsurance and insurance industries grew last year, according to a report from Aon Benfield. The report notes that insurance premiums reached an all-time high by the end of 2013. The Property and casualty, life, and health insurance sectors were the driving forces behind the growth in premiums. Overall, global premiums grew by 0.9% last year, reaching $4.9 trillion. Insurance premiums are likely to continue growing throughout the remainder of 2014. Property casualty, life, and health insurance sectors…

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Does Health Care Reform Need Reform?

Note From The Editor
survey

Los Angeles, CA: LiveInsuranceNews.com has run its first poll concerning health care reform in the U.S. This has been a hot topic for some time and has served to divide much of the country. Before the Affordable Care Act was signed into law, many people questioned whether or not it would be able to solve the problems of the country’s health care sector. Others were convinced that the law would solve these problems and help make insurance coverage more affordable, if not completely free. Since the law was enacted, the…

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Health insurance coverage is now protecting more Americans

Julie Campbell
Health Insurance coverage - uninsured drops

A new survey has shown that the number of uninsured people in the United States has dropped. This week, federal researchers have reported that in the first quarter of 2014, there was a substantial decline in the number of people in the United States who do not have health insurance. This represents the very first official federal measure of the number of uninsured people, this year. This represents the first time the federal government has measured the number of Americans without health insurance coverage since the individual mandate of the…

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