Tag: la insurance agency
When will the Trump administration unveil its plan to repeal and replace Obamacare?
President Donald Trump is expected to sign an executive order to repeal the Affordable Care Act and replace it with a single-payer system on Friday, a White House official told Reuters on Thursday.Trump has repeatedly called for a “single-payer” system, which would offer healthcare coverage to everyone regardless of their income.The Trump administration has said…
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How to be sure your family is insured
There are certain types of property that can be insured.Most of these are personal property and are the ones that are insured by the federal government.There are some exceptions to this rule, however.If your family member is a member of a union, your family members will have an interest in the company and they can…
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Which insurance companies are most likely to drop insurance in 2017?
Most insurance companies will drop coverage for the majority of the people who have insurance under the Affordable Care Act, according to a new study by the Center for Public Integrity.In 2016, for instance, more than 60 percent of insurance companies dropped coverage for people under the ACA, and more than half of those companies…
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Why does Texas lose $1.2 billion in premium growth?
As the economy improves, insurance companies are finding it harder to attract and keep consumers.In the meantime, state leaders are trying to figure out how to make sure the industry survives.The state’s insurance commissioner, Robert Koehler, has tried to take steps to help insurers by giving out billions in tax incentives and cutting spending.He also…
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Who’s to blame for the rise of auto insurance?
Auto insurance is a key pillar of the economy.But according to new research, its decline is due in part to a combination of bad policy design and a lack of competition in the market.A new study by the McKinsey Global Institute and the Center for Science in the Public Interest argues that auto insurance companies…
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Two insurers are under investigation by the FTC for selling a product they didn’t require the customer to use
FourFourtwo title Two insurance companies are under federal investigation for selling products they didn ‘t require the client to use.Insurance regulators are investigating two large insurance companies for marketing products that did not require consumers to buy a premium plan.The Consumer Financial Protection Bureau said Friday it was investigating two companies for allegedly marketing products…
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What happens if I lose my insurance?
A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…
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What happens if I lose my insurance?
A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…
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What happens if I lose my insurance?
A man is facing a loss of his health insurance and facing the possibility of being left without any medical care if he gets sick.It’s not just the insured, either.Many in Israel and the US face a similar situation.Israel’s Ministry of Health announced Monday that it will extend the expiration date of its health insurance…
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“Laissez faire” insurance company, homebuyers agency in Kentucky fined for selling ‘non-essential’ insurance
KY Homeowners Insurance Agency, which sold “non-necessary” insurance to its customers in Kentucky, was fined $500,000 by the state’s Department of Insurance.In a letter sent Tuesday, the department said the insurer violated the Kentucky Insurance Code, which states that insurance coverage must be non-essential.KY HOIA said it is “committed to maintaining a high standard of…
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