Tag Archives: BREAKING NEWS

The Financial Express, June 30, 2014 With the election handing a decisive mandate to the new government, now is the time for concrete steps to revive the economy. Budget 2014 is a critical platform wherein the government should announce macro and industry specific measures to enable the economy to return to the growth path. The general insurance industry is among …

By Joan Biskupic, June 30, 2014 WASHINGTON—A majority of Americans oppose letting employers, based on their religious views, exclude certain contraceptives from workers’ insurance coverage, says a Reuters/Ipsos opinion poll ahead of a U.S. Supreme Court decision expected on Monday. In one of the most closely watched cases of the year, the nine-member court will weigh whether for-profit corporations may …

The Associated Press, June 26, 2014 More than 960,000 New York residents signed up for insurance under the state’s new health plan marketplace during its first enrollment period, according to a state report issued Wednesday. The analysis shows that 55 percent of the individuals enrolled in Medicaid and 38 percent — or 371,000 people — signed up for private insurances …

The Associated Press, June 19, 2014 The group most directly affected by the implementation of the Affordable Care Act’s insurance markets — those who buy insurance on their own directly from an insurer or through one of the exchanges — is a difficult group to survey. Those who purchase their own insurance make up just 1 in 10 people under …

By Ashlea Ebeling, June 11, 2014 Most families say they want enough life insurance to cover 14 years of lost income should the breadwinner die, but they have enough to cover only three years, according to a Life Insurance Gap survey put out by New York Life. That stark difference between perception and reality puts families at great financial risk, …

By Anne Carrns, June 12, 2014 Employers are moving more quickly than forecasted to offer health insurance to their workers through private exchanges, according to new data from Accenture, a consulting firm. Three million people signed up for workplace health coverage for this year through private exchanges, Accenture said. That’s roughly three times the number of people the firm had …

June 8, 2014 Owners of automobiles who store classic cars in warehouses or travel across the U.S. to trade shows often require specialized auto insurance. The Quotes Pros company is now promoting discounts for antique car insurance through its freely accessible tool this year at http://quotespros.com/auto-insurance.html. The open access tool now provides a unique insight into the vehicle coverage industry …

By Sabina Laska, June 8, 2014 A major US insurance company, the Great American Financial Group, has become the first in the sector to offer Bitcoin coverage to commercial and governmental clients. The company said Monday that its fidelity and crime division is already offering coverage in some US states and pending approval in others, as part of a drive …

May 30, 2014 [TORONTO] Usman Ahmad is in no hurry to insure his own life, even after buying protection for his grey BMW and the house that he bought in Toronto. “I’m not planning on dying any time soon so it’s a waste of money,” the 30-year-old said while eating lunch and browsing his iPhone at a food court in …

By Tom Murphy, May 26, 2014 The wild hikes in health insurance rates that blindsided many Americans in recent years may become less frequent because of the health care overhaul. Final rates for 2015 won’t be out for months, but early filings from insurers suggest price increases of 10 percent or more. That may sound like a lot, but rates …