Insurance News

Posts Tagged ‘Benefit

WASHINGTON/PRNewswire-USNewswire/ — New government data released today demonstrate the continued, urgent need for more Americans to have access to drug and alcohol addiction treatment, according to an analysis by the Closing the Addiction Treatment Gap (CATG) initiative. If implemented properly, federal health care reform legislation could help remove financial barriers to treatment for millions of Americans.

According to Read the rest of this entry »

A proposal ostensibly aimed at ramping up consumer protections for New Jersey insurance consumers would likely lead to higher costs instead, according to the National Association of Mutual Insurance Companies (NAMIC). NAMIC said the measure to expand the state’s “bad faith” law is unnecessary.

S-132, An Act Concerning Unfair Claim Practices in the Settlement of Certain Uninsured and Underinsured Motorist Coverage Claims, would negatively Read the rest of this entry »

The April 13 “Final Say” by Gregory Squires (“Insurers Pile On To Consumer Hardships”)—about the use of education, employment status, credit and other insurance rating factors—is wrong on the facts and wrong on sound policy regarding risk classification. There are, however, a few areas of potential agreement that we would like to pursue.

Despite his statement that “the issue is NOT” about risk- and cost-based pricing, his Read the rest of this entry »

Workers’ compensation will likely be the principal property-casualty line to benefit most from the economic stimulus package signed into law by President Barack Obama, according to Insurance Information Institute president Robert Hartwig.

Mr. Hartwig, speaking during a joint online seminar sponsored by I.I.I. and Fireman’s Fund Insurance Company titled “How the Economic Stimulus Plan Will Impact the Property-Casualty Insurance Industry,” Read the rest of this entry »