Archive for February 2011

AARP Commends Idaho Defeat of Health Care Nullification Bill

Feb 25th, 2011 | Category: Insurance Today

(PRNewswire) – Averting a potentially disastrous piece of legislation, a majority of Idaho Senators on the State Affairs Committee took a bold stand and voted down a measure to “nullify” the federal health care law in Idaho.  Today, AARP commended those lawmakers for their opposition to House Bill 117.  The move saves the state billions […]

The Effects of Bankruptcy on Car Insurance Rates

Feb 22nd, 2011 | Category: Insurance Today

Financial crisis has become a major concern in the society. This situation poses a risk among people who are paying insurances. Such consumers have no choice but to file bankruptcy. One crucial issue is the effect of bankruptcy in auto insurance rates. A car insurance company has specific terms and conditions for individuals availing of […]

Louisiana Insurance Department Recovers More than $9.6M in 2010

Feb 14th, 2011 | Category: Insurance Today

Louisiana Insurance Commissioner Jim Donelon announced that the Louisiana Department of Insurance (LDI) aided Louisiana insurance consumers in receiving more than $9.6 million in insurance payments from consumer complaints last year. This is an additional $1.4 million over the amount of funds recovered in 2009. The largest amount – more than $6 million – was recovered from property and casualty […]

How Much Car Insurance Coverage Need for Drivers in Oklahoma

Feb 1st, 2011 | Category: Insurance Today

Oklahoma residents require drivers to carry the liability insurance. The liability insurance coverage for drivers in Oklahoma is $25,000 for injury that involves one person, $50,000 for injury of multiple persons and $25,000 for damages done to the properties. In short, the minimum liability insurance for Oklahoma is written as 25/50/25. In Oklahoma, drivers are […]