Live Insurance News

Long term care insurance prices raise concerns

September 3, 2014September 5, 2014 G. Turner

Long Term Care Insurance Premiums on the Rise

Insurance commissioners in nearly every state are alarmed as they have nearly no authority to stop these skyrocketing rates. Across the country, state authorities are finding that the price of long term care insurance coverage is heading sky high at an increasingly rapid rate, and at the moment, they don’t have much in terms of power when it comes to actually controlling this issue. Regardless of claim history or health status, insurance premiums are rising at a staggering pace. It is not unheard of – or even uncommon – for…

Auto insurance affordability is American government’s next focus

August 6, 2014August 4, 2014 G. Turner

Regulators are now taking a look at how much it costs to cover vehicles across the country. Over the last few years, the federal government has started to amass a list of consumer complaints and has built a database about credit card companies and banks, which has more recently included auto insurance companies. A federal office has now announced that they will be placing their focus on car insurance premiums. The office first made the announcement back in April that it would be increasing the efforts that it was making…

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…