Archive for September 2010

How Much Car Insurance Coverage Do You Need in Ohio State?

Sep 30th, 2010 | Category: Insurance Today

Ohio requires every driver that operate or park a vehicle on the highway to be covered with insurance. The bodily injury liability insurance limit for per person is $12,500. The limit for all the persons in the bodily injury liability insurance is $12,500. The limit for the property damage liability is $7,500. Ohio follows the […]

Insurers Riled by Regulators’ Plans to Revisit Credit Qualifications

Sep 29th, 2010 | Category: Insurance Today

(WJS) – State regulators are drawing fire from auto insurers as they lay plans to revisit the use of factors such as consumers’ credit scores, occupations and education levels in determining rates paid by individual policy holders. A committee of the National Association of Insurance Commissioners is hosting a hearing Thursday in Kansas City, Mo., […]

Insurance Types – No-Fault, Personal Injury Protection, Property Protection Insurance, and Residual

Sep 15th, 2010 | Category: Insurance Today

Michigan requires the residents who own car to buy the no fault insurance. There are several types of no fault car insurance including personal injury protection (PIP), property protection insurance (PPI), and residual liability insurance. The personal injury protection (PIP) will pay for the medical cost of the policy holder. If you are not injured, […]

Medical Mills Help Drive Up Insurance Rates in New York, Questionable Claims for Excessive Treatment on the Rise

Sep 15th, 2010 | Category: Insurance Today

(PRNewswire-USNewswire) – Excessive billings by medical mills, fraudulent companies that provide few if any real health care services to the public, are a key factor in driving New York State’s no-fault automobile insurance fraud crisis. New data shows the problem with medical mills’ excessive treatment is growing, according to the New York Alliance Against Insurance […]