Plaintiffs filed a response to the defendants’ motion on April 17, contending that defendants’ motions fail because they do not acknowledge other allegations in the plaintiffs’ complaint, and that in any event dismissal of their claims at this juncture, prior to discovery, would be premature. The Court has not yet ruled on the insurers’ motion. … [Read more...] about Indiana Auto Repair Shops Bring Antitrust Action Against Auto Insurers
Low rates auto insurance
This means, for example, if a hurricane hits a region one year, it could raise car insurance premiums in the ensuing years. Also, states with low populations generally have lower car insurance costs because of the lower accident and theft rates — though having to drive long distances also means paying more for fuel. … [Read more...] about Car Insurance Premiums 2014: Which State Has The Highest Rates?
Many insurance professionals believe the next hard market may be lurking right around the corner. Is your self-insurance program ready?Many insurance professionals believe the next hard market may be lurking right around the corner. Historically in hard markets, self-insurance has been used as a risk financing mechanism to offset higher insurance prices and the lack of capacity. But just as a diligent driver would be sure to have a mechanic perform a full tune-up before embarking on a long car trip, a risk manager also needs to periodically conduct a systematic check of insurance exposures in order to maximize the performance of a self-insured program and determine if there are any issues hidden below the surface. The following key questions can guide your assessment. … [Read more...] about Does Your Self-Insured Program Need a Tune-Up?
If California reinstates the individual mandate, will I be fined? Because the individual mandate was already in place until this year, Californians likely won’t experience a change if the state reimposes it. If you’re not being fined for lacking insurance now, you likely wouldn’t be fined under a state-level mandate. … [Read more...] about Gavin Newsom’s health plan could help lower your insurance costs – or make you pay a fine
In his first budget proposal, Gov. Gavin Newsom recommended expanding Medi-Cal eligibility for undocumented young adults ages 19 to 25 at a cost of $260 million. Two bills introduced the first day of the legislative session, meanwhile, propose to expand Medi-Cal to all otherwise eligible undocumented adults, regardless of age, with an estimated $3 billion price tag. … [Read more...] about California could insure many more people — but it could come at a steep price