we the people
On an overwhelming vote of 419-0, the U.S. House of Representatives passed legislation that allows lenders to accept private flood insurance solutions from private insurers and qualified surplus line insurers to satisfy required purchase requirements for mortgages. H.R. 2901 was sponsored by Rep. Dennis Ross (R-FL) and Rep. Patrick Murphy (D-FL). ... Read More
May 1, 2016blue
Healthcare reform set in motion many new conditions for insurers, brokers, plan sponsors and members. With the passage of the Patient Protection and Affordable Care Act (“Affordable Care Act”) came increased financial burdens on employers, unions and other insurance plan sponsors. It also prompted greater financial responsibility and accountability in ... Read More
April 25, 2016blue
Colorful spiral fractal
Health insurance companies are getting more concerned about the financial sustainability of the Affordable Care Act. As insurers prepare to file more premium increase requests for the next open enrollment season, a number of their most senior executives have been voicing reservations about the marketplaces and publicly considering dropping out altogether. “Something ... Read More
April 18, 2016blue
House insurance form with model house
Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and flashing leaks and ice dams among the major causes of home damage during weather events. Fire-related claims are the most expensive, however. That’s according to The Travelers Companies Inc., which released information ... Read More
April 14, 2016blue