State Farm, the largest insurer in Texas, has told state regulators that it will raise homeowners rates in the state an average of 9.6% and impose a minimum 1% deductible on all policies, starting in December.
With hurricane season approaching, Virginia’s insurance commissioner is urging state residents to talk to their insurance agents and providers about coverage options, including the National Flood Insurance Program (NFIP).
Health care reform signed into law by President Barack Obama could lead to the demise of small-group insurance market in the U.S., according to the chief executive of one of the nation’s Blue Cross Blue Shield affiliates.
Minnesota’s attorney general has filed lawsuits against two Texas-based companies she said exploited thousands of residents who have difficulty finding affordable health insurance by selling them “health discount” plans.
An insurance group says Tropical Storm Danny, which is expected to move up the Atlantic coastline this weekend, serves as a reminder of the potential each hurricane season brings – … Read →
Drivers, faced with less buying power with their dollar and increases at the gas pump, are trimming their auto insurance coverage, according to a regional insurer.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.