FAIR insurance plan rate increase rejected

Massachusetts has rejected a proposed rake hike for home insurance policies under a plan used by consumers who couldn’t get insurance otherwise, and rates will stay in place. Last November, the Massachusetts Property Insurance Underwriters Association (MPIUA) proposed a 6.7 percent increase on the Cape and Islands, and 9.9 …

See the rest here:
FAIR insurance plan rate increase rejected

Insurers must credit ObamaCare when giving new round of rebates, feds say

Health-insurance companies must tell customers who get a premium rebate this summer that the check is the result of the Obama administration’s health-care law, according to federal guidelines released Friday. The move is the latest sign the Obama administration is trying to draw attention to the law’s benefits …

The rest is here:
Insurers must credit ObamaCare when giving new round of rebates, feds say

Insurance exchange gives retail agents more market access

While brokers and agents have long invested in agency management systems to capture and format insurance application data, and insurers have devised portals with product and service information, integrating that information has been the goal of the insurance exchange movement. An early manifestation of the exchange model is Dallas-based …

Continue reading here:
Insurance exchange gives retail agents more market access

The Cheapest States to Buy Auto Insurance

Almost every state requires motorists to be insured before driving, but each state has a unique range of prices for vehicle coverage.

See the rest here:
The Cheapest States to Buy Auto Insurance

Traffic Fatalites in 2011 Lowest Since 1949

Information released on Monday says that in 2011, traffic fatalities on American roads were at their lowest level since safety regulators with the federal government first began tracking such things in 1949.

More:
Traffic Fatalites in 2011 Lowest Since 1949

Gender Matters: Why Men Pay More for Car Insurance

People strive for gender equality in most facets of life, but in the auto insurance world, it’s a commonly known fact that men usually end up paying more.

More here:
Gender Matters: Why Men Pay More for Car Insurance

Fla. hurricane insurance fund may not cover needs

Associated Press – Florida may not have enough money to pay off hurricane insurance claims if a big storm hits this year. An advisory panel on Thursday concluded that the state may fall nearly $2 billion short of the total needed to cover all of its obligations and is …

Go here to see the original:
Fla. hurricane insurance fund may not cover needs

Industry Fights for Long-Term NFIP Extension at Senate Hearing

As another deadline approaches for the National Flood Insurance Program, advocacy groups are taking to Capitol Hill this week as Democrats and Republicans attempt to put together an amicable long-term extension before May 31. Leading the way on Capitol Hill are the Property Casualty Insurers Association of America …

Follow this link:
Industry Fights for Long-Term NFIP Extension at Senate Hearing

High Risk Drivers Still Have Car Insurance Options

Auto insurance companies base premiums on a policyholder’s accident risk, and not every motorist can maintain a perfect driving record. But people who have been in multiple accidents or have been convicted of several moving violations still need auto coverage to legally drive in almost every state

Read the original here:
High Risk Drivers Still Have Car Insurance Options

Top Five Ways to Save on Auto Insurance

People often look for ways to lower their auto insurance costs, which are a necessary expense for many. Despite what some drivers may think, buying the minimum amount of protection that is required or driving without any coverage at all are not the best ways to cut costs

Originally posted here:
Top Five Ways to Save on Auto Insurance