Live Insurance News

Insurance premiums to be reimbursed to Marcus Mariota

August 21, 2014August 18, 2014 G. Turner

football players and disability insurance premiums

Three other Oregon players will also be receiving their reimbursements for similar reasons. Among the most recent trends that have been occurring in college football is that the schools direct some of the student assistance fund from the athletic department to pay for the insurance premiums for the coverage of players who look as though they will have a promising future in the NFL. Among the universities taking part in this practice, the Oregon Ducks have become the most recent to join. Four players from the state have been receiving…

Auto insurance regulations could be on their way for Ohio ride sharing

August 18, 2014August 16, 2014 G. Turner

Companies such as Lyft and Uber could soon be facing new rules with regards to their coverage. The director of the Ohio Department of Insurance, Lt. Governor Mary Taylor, announced at the end of last week that she would be putting her head together with other state commissioners over the weekend in order to discuss whether or not there should be auto insurance regulation for Uber, Lyft, and other ride sharing companies. According to Taylor, the goal is to make sure that consumers are adequately protected through proper steps. Taylor…

Medical marijuana plants may not be covered by homeowners insurance

August 13, 2014August 11, 2014 Julie Campbell

As health plan debates continue over this treatment, now property coverage is being drawn into this complex issue. While most people think of health insurance plans when they consider the issue of coverage for medical marijuana, some people who use this medicinal herb are now finding that there are other issues to consider when it comes to the plants, themselves. An issue is starting to develop regarding homeowners insurance policies that aren’t covering stolen plants. While a homeowners insurance policy may cover stolen electronics and jewelry, if a medical marijuana…

ATV safety tips vital to agricultural community

August 7, 2014August 4, 2014 Julie Campbell

Though this demographic represents 20 percent of four wheeler riders, it experiences 65 percent of fatalities. The Insurance Institute for Highway Safety’s most recent data regarding the use of all terrain vehicles has shown that while the agricultural community represents about one in five riders, it also represents more than two out of every three fatalities, showing the importance of adherence to proper ATV safety tips. Montana, alone, experienced 27 deaths related to the use of ATVs between the years of 2008 and 2011. Although the figures from the Insurance…

Auto insurance refund checks from ICBC delayed

August 4, 2014August 2, 2014 Julie Campbell

Canadian drivers in British Columbia will need to wait a little bit longer to receive their money. Although the checks were supposed to already have been mailed to auto insurance customers of ICBC in British Columbia, Canada, who had been found to be paying too much for their policies over the last few years, it seems that there has been a delay in the process. It has been discovered that the money hasn’t yet been sent out, after all, so customers will need to keep waiting. According to the staff…