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Archive for the Live Insurance News Category

India’s crop insurance program fanfare fades with shrinking coverage area

The Narendra Modi government’s scheme was highly popular when it first launched but is getting smaller. India’s crop insurance program first launched two years ago. At that time, it was tremendously celebrated and highly popular. That said, this year it has experienced negative growth. The reason is […]

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Flood insurance extension to be approved through new spending package

The good news, however, may only extend until July when a new deadline may approach once more. A new flood insurance extension will take the pressure off the program for another four months. The $1.3 trillion federal spending deal will give the National Flood Insurance Program (NFIP) […]

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Wells Fargo sanctions on their way for auto insurance scandal

American regulators are getting ready to apply penalties to the financial giant for its illegal actions. U.S. regulators are preparing to apply the Wells Fargo sanctions the industry has known would be coming. The bank forced over half a million drivers to pay for auto insurance they […]

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Finding the Most Suitable House to Buy for Your Family

Buying a house for your family is indeed a dream come true. Reaching this stage in your life will surely make you feel happy and proud. To know that all your hard work has paid off and that you are able to provide for your family is […]

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AI technology investments increasingly commonplace among large insurance brokers

Big commercial brokers are seeking to stand out from their rivals through high tech enhancements. AI technology has considerable appeal to large commercial insurance brokers. After all, these firms transact with multiple distributors and carriers and want to stand out. The marketplace is competitive and artificial intelligence, […]

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California health insurance premiums may spike, analysis

Covered California predicts a possible spike in rates residents are paying for policies. California health insurance premiums may sharply rise over the next few years. In fact, Covered California’s own analysis predicts a 35 percent increase by 2021. When compared to the current rates, Californian consumers may […]

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Idaho health insurance plans draw Trump administration warning

The state has announced its intentions to allow certain medical policies that don’t comply with the ACA. The Trump administration has sent a written warning regarding Idaho health insurance plans. The state revealed its intentions to begin selling health policies that fail to meet the Affordable Care […]

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Health insurance complaints rise 30 percent, breaking previous records

The Private Health Insurance Ombudsman recorded a striking spike in the number of complaints filed. The total number of health insurance complaints rose by 30 percent from 2016 to 2017, says the Private Health Insurance Ombudsman in Australia. The Ombudsman recorded the massive rise in the number […]

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Health insurance expenses bring stress to uninsured American adults

A new report shows uninsured people are hesitant to purchase a policy due to anticipated rising costs. Approximately 71 percent of uninsured American adults who were aware of the open enrollment period chose not to purchase a plan due to expected increasing health insurance expenses. They risk […]

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Home insurance premiums can rise due to nearby fracking

Thousands of homeowners across Yorkshire are concerned as the operations prepare to begin. Many residents in areas surrounding upcoming fracking sites are concerned about rising homeowners insurance premiums. This is the case in a number of regions around Yorkshire where the operations may soon begin. Industry experts […]

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