Live Insurance News

Insurance news from Oregon brings 2015 health plan rates

August 6, 2014August 4, 2014 H. Cutner

These new figures show that there will be less of a gap between the most and least expensive policies. Recent insurance news out of Oregon has shown that residents in that state will be seeing a much slimmer range in the prices of health policies that will be sold on the exchange for individuals and small employers in 2015. This health insurance announcement was made by the regulators in the state. In essence, the primary message of this insurance news will be that the plans with the lowest premiums will…

Long term care insurance premiums allowed to rise 75 percent in Texas

July 29, 2014July 26, 2014 Julie Campbell

caregiver long term care insurance senior

Regulators in the state have given permission for the increase to stand, frustrating some consumers. The Texas Department of Insurance is taking fierce criticism from two families regarding the 75 percent increase that was allowed to stand for premiums being paid for long term care insurance coverage in the state. The question that they has raised is whether the department is on the side of the customer or the insurance industry. They have also asked about the true power of the agency and whether it actually has the power to…

Insurance news looks great for people living in smaller cities

July 16, 2014July 14, 2014 H. Cutner

A recent study has shown that costs are measurably lower than they are in larger urban centers. According to the insurance news making study that was conducted by ValuePenguin, there are some considerable advantages to living in smaller cities when compared to living in larger ones, and one of them is the fact that the cost of coverage is lower. The research found that in Ohio, people paid lower insurance rates in small cities than in larger ones. For example, in the insurance news report on the study, it showed…

China’s insurance industry is booming

July 10, 2014July 8, 2014 Marc

Insurers in China will likely find more success in the coming years China’s insurance industry has been experiencing rapid growth over the past few years and this growth is expected to accelerate, according to the China Insurance Regulatory Commission. As consumers throughout the country become more affluent, the demand for insurance coverage is beginning to rise. More people are purchasing coverage and insurers are pulling in more revenue from premiums. These premiums are likely to account for a significant portion of China’s gross domestic product in the coming years. Report…

Health care reform could be keeping insurance rates steady

May 28, 2014May 26, 2014 S.Vagus

Rate hikes for coverage in the US may be less serious than previously thought Consumers throughout the U.S. have been experiencing rate hikes for their health insurance coverage over the past few years. Rates have been growing at a rapid pace, placing many people under significant financial pressure. The Affordable Care Act is meant to resolve this issue by helping slow down the frequency at which insurance premiums increase, and the health care law may actually be succeeding in this endeavor. Early rate filings coming from many large insurance companies…