Live Insurance News

Health insurance exchange in Idaho boasts of high enrollment numbers

April 23, 2015April 22, 2015 Nordstrom

Idaho is ranked fourth in terms of enrollment in insurance exchange Idaho’s health insurance exchange has proven to be successful. The exchange is ranked fourth in the nation in the number of people enrolled per capita. Many people living in the state have managed to find the health insurance coverage they need through the exchange. A significant portion of these people are receiving subsidies from the federal government, which help them afford the coverage that they have purchased through the state’s exchange, called Your Health Idaho. Exchange manages to find…

Health insurance plan in Florida may be set aside, for now

April 9, 2015April 8, 2015 S.Vagus

State may not be able to support the expansion of its Medicaid program at this time Plans to expand Florida’s Medicaid program may be stalling as the state’s governor, Rick Scott, withdraws his support for such an initiative. Governor Scott had been a supporter of the concept of expanding Medicaid for some time, suggesting changes to the state budget in order to accommodate the initiative. Expanding Medicaid would have brought federal funds to the state, which would have helped cover the cost of the expansion and make health insurance coverage…

Homeowners insurance policies continue to be released by Florida’s Citizens Property Insurance

March 23, 2015March 21, 2015 S.Vagus

State-run insurer finds success with its depopulation efforts Florida’s Citizens Property Insurance, which offers homeowners insurance coverage to consumers, has successfully shed the bulk of its policies over the past year. The state-run organization has been trying to depopulate itself of policies in order to address its financial issues, reducing its exposure to risks while becoming more stable and resilient against future natural disasters. The policies released by the organization have been picked up by private companies, which continue to provide consumers with homeowners insurance coverage. Citizens Property Insurance now…

1.2 million people in Florida receive coverage through state’s health insurance exchange

January 19, 2015January 17, 2015 S.Vagus

Florida’s health insurance exchange has successfully enrolled some 1.2 million people Approximately 1.2 million residents of Florida have signed up for health insurance through the state’s insurance exchange. The exchange is managed by the federal government, as Florida opted not to build its own insurance exchange some time ago. The exchange had been relatively successful in making coverage more accessible to consumers during the last open enrollment period, but the latest open enrollment period has proven to be more active, in terms of insurance policies being sold through the exchange.…

Severe storm could lead to insurance fraud in Florida

November 24, 2014November 22, 2014 S.Vagus

Homeowners insurance fraud storm prevention and claims

Storm-struck Jacksonville could see a spike in insurance fraud in the coming weeks A severe storm struck the Jacksonville, Florida, area earlier this week, causing significant damage to many properties. The majority of this damage was caused to roofs, which may present a major problem for those that fell victim to the storm. The Florida Association of Public Insurance Adjusters has issued a warning to those affected by the storm, cautioning them against fake insurance adjusters. In the wake of major storms, fraudulent adjusters often seek to take advantage of…