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Archive for the Live Insurance News Category

UFC athlete insurance sky high for debut event in NYC

The organization spent millions to make MMA legal within the state and will now face high premiums. The UFC won its lobby to legalize mixed martial arts in New York but athlete insurance in the state is proving to be costly. It has already spent millions of […]

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Americans are shopping outside health insurance exchanges for coverage

Millions of people are buying health plans off the marketplaces to avoid massive rate hikes. As premiums are headed skyward at many health insurance exchanges, people are looking for alternatives. Many Americans have decided to stop shopping in those official markets. Instead, they are purchasing health plans […]

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Auto insurance claims still need human participation, J.D. Power

According to a recent customer satisfaction study, consumers love tech but still need human interaction. While consumers may love technology for many interactions, auto insurance claims still need that human touch. The J.D. Power 2016 U.S. Auto Claims Satisfaction Study showed tech hasn’t fully replaced people. The […]

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Halloween insurance costs are sending haunted houses to the graveyard

These attractions are rapidly disappearing due to the associated liability costs for organizers. Haunted houses have long been a tradition at this time of year, but the cost of Halloween insurance has been shutting them down. Many communities across the country have found that the attractions weren’t […]

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Allstate Insurance gathers supplies for North Carolina flood victims

The massive insurer has been working to provide help to uninsured people affected by rising water. Allstate Insurance has been working to assist its North Carolina policyholders who were victims of Hurricane Matthew. That said, they have also been making an effort to assist the members of […]

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MetLife Insurance announces massive layoff…of Snoopy mascot!

The insurer has decided to retire its use of the Peanuts character after over 30 years together. MetLife Insurance has now made the difficult decision to end its long term relationship with Snoopy. The beloved Peanuts character has represented the insurance company for more than three decades. […]

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Health insurance policies aren’t stopping people from using the ER

Among the predicted benefits of the Affordable Care Act was that people would stop using this last resort care. When the Affordable Care Act went into effect, one of the advantages was supposed to be that health insurance policies would reduce the use of hospital emergency rooms. […]

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California insurance company won’t pay for chemo but will cover assisted suicide

The new law in the state caused an insurer to deny coverage to a woman who is terminally ill. A woman with a terminal illness has reported that her California insurance company has offered to pay for her assisted suicide after denying her chemotherapy treatment coverage. The […]

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AT&T to sell smartphone insurance for broken phone screens

This coverage will be available for owners of any of eight models of mobile devices. AT&T has announced that it will be selling smartphone insurance to cover a limited number of device models. This policy is designed to be somewhat different than the standard cell phone coverage. […]

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Will higher health insurance rates keep insurers in the exchanges?

Regulators across the country are allowing insurance companies to make health plans more expensive. State regulators across the nation have been steadily giving the nod to increased health insurance rates. In fact, many have made it possible for those insurers to raise premiums more than the companies […]

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