Live Insurance News

Homeowners insurance becomes a hot topic in the search for Texas’ next Governor

October 6, 2014October 4, 2014 Logan B.

Wendy Davis and Greg Abbott agree that insurance coverage is too expensive Homeowners insurance has become a political platform in Texas. The state’s Attorney General, Greg Abbott, and Senator Wendy Davis are campaigning to be the next Governor of Texas, and the two candidates are divided on many issues, apart from insurance coverage. Both candidates agree that more must be done to slow the constant increase in homeowners insurance rates throughout the state. Texan homeowners have seen their premiums grow by a significant amount for the past several years, and…

Homeowners insurance rates are on the rise in Texas

September 22, 2014September 20, 2014 G. Turner

Insurance coverage is becoming more expensive because of natural disasters in the past Homeowners insurance rates are on the rise in Texas, and natural disasters may be the cause. The state has not been hit by a major hurricane in six years and devastating wild fires have not been seen since 2011. Despite the apparent lull in catastrophe, rates for insurance coverage continue to grow. This has to do with the lasting impact of natural disasters and how they affect the insurance industry. Texas is prone to disasters and insurers…

Concerns ignited over Uber’s auto insurance issues

July 29, 2014July 26, 2014 S.Vagus

Uber catches the attention of insurance regulators in Texas Uber, a personal transportation company that is growing at an astonishing rate, is beginning to attract the attention of state regulators in Texas. The Insurance Council of Texas has voiced its concerns about Uber, noting that 20 other states throughout the U.S. are beginning to look into issues regarding auto insurance coverage and the company’s services. Gaps in auto insurance coverage could create dangerous situations for consumers that make use of Uber’s services. There are concerns regarding Uber’s policies on auto…

Ongoing reimbursement battle may negatively affect health insurance policyholders

May 27, 2014May 24, 2014 S.Vagus

Blue Cross Blue Shield and Hendrick Health System continue to fight over reimbursement in Texas Blue Cross Blue Shield of Texas has been locked in a fight over reimbursement rates with Hendrick Health System for several months now. Officials at Hendrick health System claim that the organization is due reimbursement from the insurance company, but Blue Cross Blue Shield argues that it is not liable for any reimbursements at this time. As the two organizations continue to fight over the issue, policyholders may actually end up being the ones that…

Doctors in Texas find an alternative to health insurance

April 15, 2014April 14, 2014 Marc

Direct primary care model may be ideal for some doctors Doctors in Texas may be pushing for an alternative to health insurance that they call “direct primary care.” Both the state and federal government have been working to address the financial issues of insurance coverage for Texas residents. Insurance costs are high throughout the state, which insurers suggest is due to the rising cost of medical care and various other factors. Doctors, however, believe that the cost of insurance coverage may be prohibiting people from receiving the care that they…