Live Insurance News

Cybersecurity insurance news buzzes with new NAIC industry guidance

April 27, 2015April 25, 2015 G. Turner

The National Association of Insurance Commissioners has now taken on twelve new regulatory guidance principles. The National Association of Insurance Commissioners (NAIC), has recently announced its adoption of twelve Principles for Effective Cybersecurity Insurance Regulatory Guidance. This is an important move from this standards setting organization which is made up of regulators from across the country. These twelve cybersecurity insurance principles have come at a time in which the threats to the industry have been receiving a tremendous amount of time in the spotlight, particularly following the Anthem data breach.…

Texas homeowners insurance rates no longer highest

December 26, 2013December 21, 2013 H. Cutner

The state may no longer be at the top of this costly list but this is great news for residents. According to recent statistics regarding Texas homeowners insurance rates – when compared with those in the other states across the country – are no longer the most expensive. This is a list that Texans are glad to hear that they are no longer leading. In fact, Texas homeowners insurance rates have dropped down to third place on the national list. This, according to the annual state rankings that have been…

Homeowners insurance rates grow nationwide

June 12, 2013June 10, 2013 Logan B.

Homeowners insurance rates are increasing throughout the US Homeowners insurance has become a tricky subject in the U.S. Costs for this type of coverage are typically high in regions that are prone to natural disasters, such as those along the coastline of the Gulf of Mexico. States like Florida and Louisiana typically see high home insurance rates due to the fact that they have been victims of major hurricanes in the past. Homeowners insurance rates are growing, however, and this is not being restricted to just a few states. Rates…

Health insurance policies throughout US could face cancelation

June 5, 2013June 4, 2013 Logan B.

Affordable Care Act may cause mass cancellation of health insurance policies In the U.S., the Affordable Care Act is meant to make health insurance coverage more available to a wider range of consumers. The federal health care law initially received strong praise for its provisions that would allow consumers to find the health insurance coverage they needed without being met with staunch rejection from private insurance companies. The problem, however, is that the law’s provisions may actually lead to many people losing their health insurance coverage as the law takes effect in…

Insurance news being made by Amy Grant and her father

April 12, 2013April 10, 2013 G. Turner

The Grammy award winning singer has announced her support for the NAIC in light of her dad’s health. The National Association of Insurance Commissioners has placed itself in the insurance news spotlight, as it makes headlines through the support that it has received through Amy Grant. The musician has been speaking about the importance of coverage to protect consumers against the unexpected. Grant has been making insurance news headlines as she highlights the benefits of purchasing policies to guard against damaging events. She explained that “Planning ahead and getting smart…