Fewer Small Employers Offering Health Coverage; Large Employers Holding Steady

Fewer Small Employers Offering Health Coverage; Large Employers Holding Steady

(Washington, DC – Insurance News and Markets) -According to an Employee Benefit Research Institute piece published last month, fewer small employers are offering health insurance to their employees, but the number of large employers are remaining steady. Employers with more than 1,000 employees and those with 100-999 employees have remained steady in offering health insurance. […]

Missouri insurance regulators resolve United Healthcare dispute

Missouri insurance regulators resolve United Healthcare dispute

(Jefferson City, MO – Insurance News and Markets) – The Missouri Department of Insurance has reached an agreement with United Healthcare Insurance Company, All Savers Insurnace Company and United Healthcare Life Insurance Company following investigation of claims that the companies restricted access to medical providers by requiring referrals before an individual could get treatment from […]

Ford Escape improves in safety tests

Ford Escape improves in safety tests

(Arlington, VA – Insurance News and arkets) – The 2017 Ford Escape has been given an acceptable rating by the Insurance Institute for Highway Safety’s challenging small overlap front test. Many attribute the changes to the structural changes introduced in the newest model. When the 2013 Escape was tested for small overlap protection, the structure […]

Bureau of Labor Statistics releases info on employee benefits in the U.S.

Bureau of Labor Statistics releases info on employee benefits in the U.S.

(Washington, DC – Insurance News and Markets) – In March 2016, the participation rate for employer-sponsored medical care benefits for civilian workers was 52 percent, which is higher than in private industry workers (49 percent) and more than 20 percent below state and local government workers (73 percent). When it comes to employer-sponsored retirement benefits, […]

Recent Trends in Self-Employed Insurance by Firm Size

Recent Trends in Self-Employed Insurance by Firm Size

(Washington, DC – Insurance News and Markets) – In exploring trends in self-insured health insurance among private sector businesses that offered health plans, between 1996 and 2015, the Employee Benefit Research Institute sought to find out whether the Affordable Care Act could impact those trends. Key findings included that more private businesses offering health plans […]

Insurance Information Institute offers tips for car insurance shopping

Insurance Information Institute offers tips for car insurance shopping

(New York, NY – Insurance News and Markets)  – In the past few years, consumers have found that they are paying about 10 percent more for car insurance, and there are several reasons for this, according to the Insurance Information Institute (I.I.I). One factor is that there’s a stronger job market; this means more people […]

Employee Benefit Research Institute announces Health Insurance coverage

Employee Benefit Research Institute announces Health Insurance coverage

(Washington, DC – Insurance News and Markets) – Employee Benefit Research Institute announces health insurance coverage findings from first months of Affordable Care Act implementation According to the EBRI Notes article published in July, health insurance coverage grew for individuals under the age of 65, between 2013 and 2014. Data from 2013 and 2014 was […]

New York announces hotline for ‘zombie properties’

New York announces hotline for ‘zombie properties’

(New York, NY – Insurance News and Markets) – As part of an effort to decrease the number of abandoned homes in New York State, on  June 28, Gov. Andrew M. Cuomo announced the creation of a telephone line for residents to report abandoned homes in their neighborhoods. New York residents can call 800-342-3736 to […]

Minnesota Commerce Department orders insurance company to reduce rates nearly 50%

Minnesota Commerce Department orders insurance company to reduce rates nearly 50%

(Saint Paul, MN – Insurance News and Markets) – Last month, Minnesota Commerce Commissioner Mike Rothman’s agency imposed a $1 million penalty against American Modern Insurance Group, and ordered the company to refund money to Minnesota residents who were overcharged for “force-placed” insurance. The company must also reduce rates by 43 percent. “The Commerce Department […]