Health insurance reform passed the House of Representatives by a slim margin late last night.
The health insurance reform bill, which is estimated to cost $940 billion over 10 years, is projected to extend coverage to 32 million more Americans.
Here are a few key points included in the bill:
- Insurers can longer exclude or increase the cost of coverage for children with pre-existing conditions. This will take effect as soon as the bill becomes law. In 2014, this will be extended to all adult Americans. Read the rest of this entry »
You either love them or like me, hate them, but there is no denying that you can’t avoid them!
They are Everywhere and You can’t escape from Them!
I’m talking about the unique UK phenomena of ‘White Van Man’, that you will be stuck behind on every road and see parked with reckless abandon on every street corner thoughout the length and breadth of the country.
Insurance Blogger shouldn’t really knock them as the ‘old man’ slaved away for years at the home of the Ford Transit in Swaythling Southampton, and it’s an acknowledgement of ‘Great British Design’ that the Transit is still one of the biggest ‘culprits’ today! Read the rest of this entry »
Posted by doni | Posted in Other | Posted on 19-04-2010
Well we knew our car insurance premium were always on the up but the results of the latest AA British Insurance Premium Index reveal that rates have actually reached an all time high.
In the final quarter of the year the average car insurance premium for an annual comprehensive car insurance policy increased by a whopping 7.2% on the previous quarter. In real terms this meant that the average premium is now priced at around £1,000.00 per year.
On an annual basis the percentage increase was 18.7% for comprehensive insurance. This is the largest increase in this area of business since the records first began back in 1994. Meanwhile the average premium for third party fire and theft increased in the same period by 8.9% to £1,252.00. Annually third party fire and theft rose by 23.8%. Read the rest of this entry »
Posted by doni | Posted in Uncategorized | Posted on 12-04-2010
A recent study confirms that small PC insurers can compete successfully against larger competitors.
The Conning Research study, entitled “Property-Casualty Small Insurers: From Static to Strategic,” analyzes the small insurer segment, their strategies for success, and their impact on larger insurer strategies . Key points:
- Over the long term, small PC insurers have maintained market share relative to large insurers at approximately 20%
- Specialization plays a role in strong results Read the rest of this entry »
Health insurance reform passed the House of Representatives by a slim margin late last night.
