Health insurance competition low in South Carolina

South Carolina Health Insurance

South Carolina health insurance market lacks competition A new report from the American Medical Association suggests that South Carolina may have one of the least competitive health insurance marketplaces in the U.S. The state falls behind Alabama, Hawaii, Michigan, Delaware, and Alaska in terms of a lack of competition in its insurance market. Despite the existence of the state’s health insurance exchange, competition among insurers remains low, limiting the options that state residents have regarding the coverage they have access to. Blue Cross Blue Shield boasts of majority of the…

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Tropical Storm Andrea to Make Landfall in Northern Florida

Tropical Storm Andrea as of June 7

According to catastrophe modeling firm AIR Worldwide, as of the National Hurricane Center’s 11:00 a.m. advisory, Tropical Storm Andrea is moving northeastward at a speed of 15 mph with maximum sustained winds of 60 mph and some stronger gusts. Tropical storm winds extend outward 140 miles but primarily to the east of the storm’s center. The storm is expected to accelerate and continue on a northeast path later today, making landfall in Florida’s Big Bend. Andrea is not expected to intensify further before making landfall and if forecasts hold AIR…

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Top cities for vehicle theft named by NICB

Vehicle Theft black friday auto insurance claims

For the second straight year, Fresno tops the National Insurance Crime Bureau list of top cities for vehicle theft. California tops the list… The NICB list states that approximately 761,500 vehicles were stolen in 2011, which was a drop from the year before by a mere 3 percent. These numbers are based on statistics released by the FBI. Fresno was at the top of the list and was not the only city in California to make the top ten. Modesto came in second and Bakersfield was in third, giving CA…

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Walmart enters into life insurance business

Walmart health Insurance

Walmart teams with MetLife to sell life insurance policies Retail giant Walmart appears to be getting into the life insurance business in Georgia and South Carolina. The company has teamed with New York-based insurer MetLife to begin selling policies in more than 200 stores located in both states. The life insurance policies that will be sold through Walmart are designed to be attractive to consumers looking to find affordable coverage without having to do extensive shopping or rely on plans that may be provided by their employer. Partnership will open…

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Hurricane Irene threatens to make landfall in the U.S. this week

The first major hurricane of the season has manifested in Irene, and it has been gaining strength as it surges toward the Bahamas. Weather trackers from the National Oceanic and Atmospheric Administration are predicting that Irene may make landfall as soon as Thursday. The hurricane has been growing in strength since its formation early Tuesday and has yet to show signs of slowing. Florida will be the first state that is hit by Irene should the hurricane reach the U.S., but both South Carolina and North Carolina will bear the…

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