Tag: insurance coverage

State’s Unemployment Insurance Fund is falling behind on repaying federal debt

Logan B.
unemployment insurance

California still owes the federal government $8 billion on a loan California is falling behind on repaying a loan to the federal government. The state borrowed $10 billion from the federal government in order to ensure the recovery of its troubled Unemployment Insurance Fund. The fund exists as an insurance pool that is designed to cover the financial issues related to lack of employment. The economic recession that hit the country in 2008 and persisted through the following years placed the fund under a great deal of financial strain. Higher…

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Insurance coverage lacking among motorcycles in India

G. Turner
scooter two wheeler auto insurance coverage

Accidents involving any of 75 percent of riders provide no compensation to the victims. Two wheelers – including both motorcycles and scooters – are a very common vehicle in India, but recently released statistics have revealed that almost 75 percent of those riders are operating their vehicles without any type of insurance coverage, which is placing other road users at risk. This is particularly risky for other two-wheelers, cyclists, and pedestrians who don’t have protection. This data has been released by the Insurance Regulatory Development Authority (IRDA). This lack of…

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Flood insurance rates set to rise

Logan B.
flood insurance rates

Homeowners and businesses will see an increase in their coverage costs Flood insurance rates are expected to rise soon, with homeowners in risk-prone areas being hit the hardest by the increase. While flood protection costs have been mitigated for a time, higher rates were inevitable in order to ensure that the National Flood Insurance Program from its financial problems. Per the provisions of the Flood Insurance Affordability Act, which had initially halted the rise in insurance premiums, new surcharges will be issued on properties with flood protection. Primary residences will…

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Insurance coverage cessation proposal for cities and schools proposed by Gov. Scott Walker

H. Cutner
School Insurance System Needs Overhaul

If the Wisconsin governor’s motion goes ahead, it would mean that private insurers would be required for plans. Governor Scott Walker of Wisconsin has recently proposed a provision that would eliminate the state managed property insurance coverage, and that would require local governments and school districts to have to create their own funds or to look to private insurers if the provision is adopted by the Legislature. The current fund provides coverage for $52 billion worth of property, with an annual premium of over $27 million. The insurance coverage that…

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Children’s Dental Health Month: is your kid’s smile a healthy one?

H. Cutner
Dental Insurance Children’s Dental Health Month

February is a time that is dedicated to improving the oral health of children across the United States. February is Children’s Dental Health Month, and many different organizations, agencies, and individual dentist practices are making an effort to encourage parents and caregivers to make the right decisions for protecting the oral wellness of their kids. Tooth decay is the chronic disease that most commonly affects kids across the country. This, according to data from the American Academy of Pediatric Dentistry. This information is being shared throughout the United States for…

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