Live Insurance News

Health insurance exchange in California to be the largest in the country

March 15, 2013March 14, 2013 H. Cutner

The Golden State is getting ready to provide the largest marketplace in the United States. California is steaming ahead with its plans for implementing its health insurance exchange, which is going to be an important accomplishment in the country simply because it is set to be the largest marketplace among all of the states. This particular exchange is among those that will be state run, which will also be notable due to its size. Though California has claimed that it was the first to begin its health insurance marketplace, there…

Health insurance exchange in Tennessee will not be state run

February 18, 2013April 30, 2013

Tennessee Health Insurance Exchange Deadline

The governor of the state has announced that the federal government will now be taking control. According to Tennessee Governor, Bill Haslam, and an announcement that he made on Friday, the state will not be participating in a partnership with the federal government in order to create its health insurance marketplace. This announcement was made following a submission of a letter to the Health and Human Services Secretary. The governor, a republican, submitted the letter to the secretary of U.S. Health and Human Services, Kathleen Sebelius, saying that the model…

Insurance industry in Azerbaijan predicts considerable growth this year

February 6, 2013April 30, 2013

The market in the Eurasian country is expected to grow by 15 to 20 percent in 2013. According to a statement that was issued by Namiq Khalilov, the head of the State Service for Insurance Control of the Azerbaijan Finance Ministry, the insurance industry in the country is expected to experience considerable growth again this year. He explained that it should grow by another 15 to 20 percent in 2013 alone. Khalilov feels that the insurance industry in Azerbaijan will continue this growth, regardless of the fact that it already…

Insurance market in Canada deemed stable for this year

February 1, 2013April 30, 2013

At the same time, a Marsh outlook report predicts possible rate increases in the third or fourth quarter. According to a new outlook report issued by Marsh, the Canadian insurance market should continue to remain stable throughout 2013, though the second half of the year may bring about some modest increases in the rates. Overall, the industry in Canada performed better than other markets last year, said the report. This data was provided in the Marsh document called the Canada Insurance Market Report 2013, which offered a breakdown of the…

Health insurance exchanges can now partner up to help ease the process

January 15, 2013April 30, 2013

The HHS has announced the first of the approved partnerships between federal and state governments. The Department of Health and Human Services has given their conditional approval to the first of the states that have opted to run health insurance exchanges in a partnership between the federal and state governments. The HHS is hoping that there will soon be additional approvals of this nature to be issued. Arkansas and Delaware have become the first states in receipt of the conditional approval for the operation of health insurance exchanges that are…