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NJ Governor Vetoes Health Exchange
Late last week, New Jersey Governor Chris Christie vetoed the legislation that would establish a state-run health insurance exchange, claiming that the federal government didn’t provide the information he needed in order to ensure that the way his state complies with the Affordable Care Act (ObamaCare) is financially sound. Despite this, Governor Christie insists that […]
Read moreColorado Trying to Cut Health Costs
Officials from the state of Colorado say that the Affordable Care Act known colloquially as “Obamacare” has given them the power to block insurance rate hikes. Specifically, the legislation gave Colorado the ability to block rate increase by Cigna, which had asked for a 24% increase.
Read moreVideo: Insurance Plans for Federal Employees
Even federal employees have a variety of health insurance plans to chose from. This video goes over several of them and helps people determine if they have the right health plan. Some of the information is also useful for the general public, such as the difference between PPO, HMO and Fee for Service plans.
Read moreNY, NJ, CT, MD Homeowners Will NOT Pay Hurricane Deductibles After Sandy
Two weeks ago Wednesday, Governor Andrew Cuomo of New York announced that, just as those in New Jersey, Maryland, and Connecticut, homeowners in his state will not have to pay hurricane deductibles for their Sandy-related claims. Speaking to the press, Governor Cuomo said, “Homeowners should not have to pay hurricane deductibles for damage caused by […]
Read moreFlorida Investigates Use of Credit History to Deny Claims
Florida consumer advocate Robin Westcott has called for an investigation into the practice of insurers using homeowner’s previous credit history to retroactively cancel policies and deny claims, even when premiums have been paid on time for years. According to Westcott, some property insurers in her state are using old credit histories, which may include bankruptcies, […]
Read moreHurricane Sandy Recovery Resources
It’s no secret that Hurricane Sandy wreaked havoc up and down the entire East Coast, but New Jersey was the hardest hit state. The video we’re sharing is of President Obama and NJ Governor Chris Christie after their tour of the shore. Below it, please find links to pages with emergency resource information and insurance […]
Read moreHalloween Safety Tips
Halloween is on Wednesday, so we, here at insurancespecialists.com thought it would be a good time to remind everyone of some common sense advice for keeping the day insurance claim-free and limiting the blood, guts, and gore to makeup and costumes, rather than real injuries. Fortunately the Pennsylvania Insurance Department had a similar idea, so […]
Read moreHalf a Million Virginians in Earthquake Drill
Roughly 600,000 residents of Virginia participated in an earthquake drill yesterday – one that spanned many states. You wouldn’t think of Virginia as a place where earthquake drills – or even earthquake insurance – was necessary, but this is the same area hit by a 5.8 magnitude quake on August 23, 2011. That quake, centered […]
Read moreWeek-long Homebuilding Marathon in Indiana
Last March, Henryville, IN, a town roughly twenty miles north of Louisville, KY, was hit hard by tornadoes, sustaining a great amount of damage. Earlier this week, hundreds of volunteers arrived in the southern Indiana burg to help in the reconstruction of ten homes. Supported by the organization Habitat for Humanity, the build-a-palooza began on […]
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