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Archive for the Live Insurance News Category

Search and rescue insurance launches in Utah for outdoors enthusiasts

Recreationists residing in the state can pay a small fee to waive potential costs if a hike goes wrong. Utah officials announced the launch of a new search and rescue insurance product available to nature enthusiasts and campers. The fee is extremely affordable and would mean that […]

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Crop insurance program, food stamps prepare for “significant” budget cuts

The USDA is getting ready for sizeable funding cuts for social and rural programs. With the proposed Trump administration budget has come a threat to many USDA services, including the crop insurance program. That coverage risks significant reductions, as do food stamps, and rural development programs, among […]

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Children’s Health Insurance Program funding slashed in Trump budget

While that program is hacked down by 20 percent, millions more kids will be affected with the Medicaid reductions. President Donald Trump’s budget plans will take down the Children’s Health Insurance Program funds by at least a fifth of its current size within two years. At the […]

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Aetna insurance jobs open up for over 300 people

The insurer has announced that a number of spots are opening up for new hires to work from home. Aetna insurance jobs have opened up in a wave for people who are seeking to start or continue a career in the industry without having to face a […]

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Speakers at Enservio Property Innovation Summit Discuss Industry Innovation, Disruption

NEEDHAM, Mass. – May 23, 2017 – Senior insurance executives from the nation’s largest carriers recently attended the 11th annual Property Innovation Summit in Dallas, TX to hear world-renown speakers deliver presentations on ways organizations can better equip themselves for disruption, leadership, and innovation. The event was […]

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California auto insurance investigating premiums discrimination

The state Department of Insurance launched an investigation into the factors used to calculate rates. The California auto insurance industry may soon be changing the way its rates are calculated in order to reduce discrimination against drivers from minority neighborhoods. The California Department of Insurance launched an […]

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Kidnap insurance protects companies in the case of ransomware

Businesses that have not purchased cyber insurance policies are looking to alternative coverage for WannaCry losses. Companies without cyber insurance are reportedly making claims through their ransom, extortion and kidnap insurance policies in the hopes of recouping losses from WannaCry and other ransomware. The issue is that […]

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New York auto insurance rate calculation factors may soon drastically change

A new proposed rule would stop education and employment from affecting a policyholder’s premiums. State Financial Services Superintendent Maria Vullo proposed a change to the New York auto insurance rate calculations. The change would stop insurance companies from using a motorist’s education level or job from being […]

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New Hampshire insurance exchange won’t lose any insurers in 2018

Regardless of the uncertainty in the industry, all companies have indicated their intent to return. The New Hampshire insurance exchange won’t be following the trend of states losing insurers next year. Instead, the marketplace has managed to hang on to the companies currently selling health plans there. […]

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Texas insurance companies may soon see drop in lawsuits

A new bill in the state House would discourage homeowners from suing as a result of certain claims. Texas insurance companies could soon find themselves facing fewer lawsuits relating to claims involving weather damage. The Texas House passed a bill discouraging homeowners insurance policyholders from filing lawsuits […]

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