Soaring premiums, fewer carriers and worsening weather trends are contributing to an insurance crisis for homeowners in many areas of the U.S. In New Orleans, Louisiana, the market for Homeowners Insurance is “crumbling,” CNN reported March 29, with one resident telling the news outlet that his premiums increased from $1,600 per year in 2022 to $4,930 after his previous carrier pulled out of the state entirely.
Read Full Article Here.
Cooler weather is aiding the fight against a large Southern California wildfire, one of three large fires in the region.
The Bridge Fire exploded in size on Tuesday, forcing evacuations in the communities of Wrightwood and Pinion Hills. Authorities also closed highways and issued evacuation warnings for roughly a half-dozen nearby communities in the foothills.
Read the full article here: https://www.claimsjournal.com/news/national/2024/09/13/326252.htm
As the conversation around healthcare access continues to evolve, more states are expanding health coverage to include income-eligible individuals, regardless of their immigration status. An updated analysis from the Kaiser Family Foundation (KFF) highlights the growing trend of fully state-funded health programs aimed at covering immigrants excluded from federal assistance.
As of March 2024, 12 states—along with Washington D.C.—provide fully state-funded health coverage for income-eligible children, regardless of their immigration status. The states leading this charge include California, Connecticut, Illinois, Maine, Massachusetts, New Jersey, New York, Oregon, Rhode Island, Utah, Vermont, and Washington. These programs extend coverage to undocumented children and other groups ineligible for federally funded programs like Medicaid and the Children’s Health Insurance Program (CHIP).
Read the full article here: https://programbusiness.com/news/more-states-offering-state-funded-health-coverage-for-immigrants/
Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows.
Read Article Here: https://www.insurancejournal.com/news/national/2024/08/28/790309.htm
Source: LA Times | Published on July 1, 2024
