Below please find our notes and links about video featured insurance news… Health insurance shows 84 million Americans uninsured or underinsured for a span of 2012 According to research conducted by the Commonwealth Fund, there were 84 million people who either went uninsured or underinsured for a span of time in 2012. The reason has to do with a provision of the Affordable Care Act that allows young adults to remain on the health insurance plans of their parents for longer periods of time. In the case of underinsurance, research…
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Insurance News Video Broadcast
This Week’s Round Up – Insurance News Broadcast for April 4th, 2013 See Notes and Highlights of The Stories Featured in Video: Study claims health insurance rate shock may be coming Health insurance companies throughout the U.S. have been warning of the impending rate shock that could be spurred by the Affordable Care Act. According to the study, health insurance companies are expected to pay out an average of 32% more on payouts for medical claims for individual consumers. Federal officials are questioning the accuracy of the study suggesting that…
Read MoreSEO basics for insurance agents and brokers
A great website is something all insurance agents and insurance agencies should shoot for, but without basic SEO knowledge… a good site will just sit there doing nothing and attracting no one. As you know, that is bad news. SEO, otherwise known as search engine optimization, is as important to your site as how it looks, what it does, and what it contains. Without at least some SEO efforts, your site may languish in cyberspace without a chance to attract any visitors at all. Luckily, SEO basics are easily understood…
Read MoreHealth insurance exchanges planned for 49 states
Among them, 34 states have already started building their own. According to an announcement from U.S. government officials, there are now health insurance exchanges underway for planning in 49 states across the country. A number of them have just received grants in order to support them in their efforts. Thirty four of the states are already developing the development of their own health insurance marketplaces. These are the ones that have been receiving the grants from the federal government. Most recently, according to the U.S. Department of Health and Human…
Read MoreInsurance news story about Progressive should be seen as a warning to insurers
Experts now wonder if this social media fail will generate changes in the industry. In an attempt to save $75,000, Progressive Corp. has now found itself at the sour end of an insurance news story that has brought the rage of thousands, if not millions, of people against it. Other insurers who witnessed the story may soon be making changes to prevent this from happening to them. This type of insurance news, spread throughout social media, can be exceptionally damaging to the reputation of a company. This may mean that…
Read MoreChina to strengthen regulations for growing insurance industry
Major changes for China insurance industry. The insurance industry in China is growing at a rapid rate. The country recently opened up its borders to foreign insurers looking to expand into new markets and this initiative has been quite successful. As more insurance companies enter the Chinese market, however, regulators are growing concerned over their ability to comply with the country’s laws and expectations. These concerns have grown too large to ignore any longer and the China Regulatory Commission has announced that it will be strengthening the supervision of the…
Read MoreClimate Prediction Center heralds the return of El Nino this year
Insurance industry on El Nino watch. The U.S. Climate Prediction Center (CPC), a government agency that provides weather information to the insurance industry and others, has raised concerns that El Nino may make a strong return to the Northern Hemisphere later this year. The weather phenomenon is notorious for the number of natural disasters it spawns throughout the Northern Hemisphere. El Nino brings an increase in rainfall and changes to temperature and wind patterns in some parts of the world. The CPC notes that El Nino could have a disastrous…
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