Quote Archives – DL Insurance Agency

‘Flawed’ claims on private helicopter contract ‘should have been reviewed’

An internal audit of the Houston-area motor vehicle insurer that handled an “insurance fraud” claim found it “should have reviewed” the claim, an official said Thursday.A whistleblower at Morris Insurance Agency told the Texas Transportation Commission that the agency “should be required to review the claim before it is filed” with the Texas Department of…

The biggest tech stocks to watch as US government unveils sweeping rules

UK government officials announced today that they plan to propose sweeping new rules aimed at cracking down on tax avoidance, including a tax on Internet companies.The US Treasury has said it wants to crack down on “the largest tax avoidance schemes in the world.”The UK’s Financial Services Authority (FSA) is expected to launch a crackdown…

The new $10 billion plan to save Maryland’s goosehead insurance coverage

The new health care law allows Maryland to take a hit on its insurer market share by selling a smaller pool of policyholders and eliminating a requirement that companies offer coverage to all enrollees, in exchange for a premium tax credit that would increase in 2018 to help offset the loss of coverage. “Maryland is on…

Texas officials: 1,000 people have died from drug overdoses in one week

KENOSHA, Wis.— The Texas Department of State Health Services says more than 1,100 people have been killed by drugs this year in a state that has had an average of more than 200 drug overdose deaths per day this year.It also says more people died from overdoses in Texas last week than in any other…

How to keep your home insured when it goes on sale

Homeowners insurance agent Martin’s Insurance Agency has offered some tips to help homeowners keep their home insured while they sell it.Here’s how to stay on top of home insurance sales, as well as when to apply for a loan, if you’re an agent and when you should consider a mortgage.1.Keep an eye on the house…

Which insurance companies are offering cheaper coverage?

3:30pm:The US government on Monday unveiled a new plan to reduce the costs of coverage in an increasingly complex and expensive healthcare system.The US Department of Health and Human Services announced that it will cut the cost of coverage for individuals and families by $7,400 per year, a plan it hopes will reduce the burden…

Which agency is the best for Maryland?

The Maryland Public Service Commission (PSC) voted to add two new agencies to its insurance portfolio this year: an agency that provides health care coverage for people with disabilities, and an agency for pension funds.The Maryland Public Employees Retirement System (MPSERS) is now the second-most-profitable state agency for the first time in a decade.It has…

Which insurance company is better for you?

AUSTIN — — There are few differences between the companies at the top of the health care world, but the ones at the bottom are starting to make a difference.For instance, insurance brokers say they are seeing more patients with cancer than ever before.The Affordable Care Act also appears to be driving more people to…

Texas insurance agency wants to expand eligibility of health plan coverage

HARRISBURG, Pa.(AP) – A Harrisburg insurance agency that provides health coverage to about 80,000 residents is seeking approval from the state to expand coverage to more people.The Office of Insurance Commissioner says it is asking the Texas Department of Insurance to consider extending coverage to people who can pay for it.The proposed extension would cover…

Which one is your next insurance company?

An insurance company’s risk profile and risk-management process can be the difference between a high and a low score, according to a new report.Insurers have been trying to improve their risk profiles and risk management processes over the past decade, as insurance companies faced an influx of uninsured people who needed to be covered.The result…

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