Property Insurance Bills move through Committee as 2012 Legislative Session Nears

The 2012 Legislative session is right around the corner. It’s hard to believe December has already arrived, leaving only one more committee week before session begins on Tuesday, January 10, 2012.

Many bills favored by leadership have already cleared their first major hurdle by navigating through at least one committee.

Let’s take a look at the crop of insurance bills, and where they stand:

  • HB 245, Relating to Depopulation Programs of Citizens Property Insurance Corporation
    • Sponsored by Boyd
      • Next Cmte: Economic Affairs, 12/8/11 from 9 – 11am in 102 H
  • SB 578, Relating to Depopulation Programs of Citizens Property Insurance Corporation
    • Sponsored by Richter
      • Next Cmte: Banking & Insurance, 12/7/11 from 9:30am – 12:30pm in 412 K

HB 245 and SB 578 would allow surplus lines carriers, which are not subject to the same state regulation as admitted carriers, to participate in the Citizens Property Insurance Corporation depopulation program. If impl

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Dec 06, 2011


Most U.S. insurers met spending limits under law

(Reuters)—Most U.S. health insurers last year would have satisfied the much-disputed spending rules under President Barack Obama’s health care reform, according to a new report by a congressional watchdog agency.

The rules require insurers such as Aetna Inc. and UnitedHealth Group Inc. t Read more…

Dec 02, 2011


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Tags: Spending, Spending Limits

International Medical Insurance for Indian Travelers

Travelers from India who are visiting any foreign countries need medical insurance. The consulates of many foreign countries ask Indian travelers to purchase medical insurance before leaving their home country. The insurance plans designed for travelers visiting abroad are called as international travel medical insurance. Now you can purchase these medical insurance plans from Indian insurance companies.

Indian insurance companies have designed efficient medical insurance plans to safeguard the visitors from India. Indian travel medical insurance quotes can be accessed at Eindiainsurance.

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Nov 21, 2011


Getting a Cheap Car Insurance in California

California being one of the biggest states in U.S, also boasts of having an equal volume of vehicles traversing its roads and more are still being purchased. That being said, having a company that provides cheap and quality car insurance is vital. The good thing about the state of California is that, there are incentives put in place that makes vehicle insurance more affordable for low income earners, and also teenagers who have not started earning their own salary.

There are several ways that will help you secure a cheap car indemnity in California.One of the easiest ways to secure cheap vehicle coverage is by attending the necessary driving classes, be it for motorcycles, cars or otherwise. Read more…

Nov 19, 2011


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Tags: California

How to Compare Home Insurance Companies

Getting the best price on home insurance is important, but it is no sense wasting money if the firm you choose does not provide the service you expect. However, aside from cost, many homeowners do not know the best way to compare quotes and home insurance companies. Here is some guidance to ensure you get the best rate from quality local organizations offering home insurance.

Being consistent in the information you provide is of utmost importance. While this wouldn’t seem to be an issue, small differences in information can make a difference in the quote and what coverage is provided. W Read more…

Nov 17, 2011


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Tags: Home Insurance, Insurance

Great Advice From Around the Web

As you establish your holiday budget, craft your gift list and start buying presents, I want to share some wise words from my 7-year-old daughter.

As we were cleaning her room recently, we came across an old teddy bear that my maternal grandmother had given me. She asked if I still had anything my other (paternal) grandmother had given me. My answer was no, and I told her I couldn’t remember any specific gifts that I had received from her.

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Nov 14, 2011


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