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US insurers are selling cheaper health plans to avoid cost-cutting headline

US insurers have been pushing for a price increase to cover the costs of life insurance, but analysts say insurers have not been doing enough to make that happen.“There’s no question that insurance companies are pushing for higher premiums to cover their higher costs, and we’ve seen that they’re succeeding at that,” said Andrew Hickey, […]

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How insurance companies have been changing their pricing strategies

Insurance companies have changed their pricing for different types of policies, such as health plans, but some insurers still charge higher premiums than others.Here are some of the latest trends in the industry.1.Health plans will likely charge higher rates than they used to2.Premiums are expected to go up for people with pre-existing conditions3.Many insurers have […]

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What is the industry about?

The industry is an interrelated group of entities that is not necessarily the same as one another.The insurance industry includes insurance agents, brokers, brokers’ agents, insurance commissioners, insurers, brokers and brokers’ employees, reinsurers, reinsurance providers, reinsurer’s agents, reinsurings, reinsuring agencies, reinsure brokers, reinsures, reinsured agents, and reinsurers’ representatives.The industry includes reinsurers (who provide reinsurance) and […]

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Which will become the next US health insurance industry to make history?

A new report has forecast that the insurance industry will make history in 2019, becoming the first in the world to become an independent, publicly owned and accountable entity.The report, from the consulting firm McKinsey & Co, suggests that the US healthcare sector will have become a truly independent, transparent and accountable enterprise in 2019.The […]

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Insurance industry industry trends in the United States

A major change in the insurance industry is coming.The industry is expected to grow from a billion to one trillion in the next 15 years, according to a new report by insurance giant Allstate, citing industry estimates.It’s the largest single category of jobs created by the industry in the last three decades.The insurance industry has […]

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When to call? How much does your insurance company charge

When you’re considering buying a new car, you’ll likely be asked to provide details about your health, and your income, before you buy.And there’s a big difference between those details and what insurers are actually asking of you.Insurers want to know about your lifestyle and your history, the amount of your medical expenses and the […]

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How much does the ACA’s insurance mandate cost insurers?

The cost of the ACA has been steadily increasing.According to the latest data from Avalere Health, premium increases for individual policies have jumped an average of 5.5% in 2017 and 2018.The annual premium increase for the average employer has also increased, from $1,800 to $2,800, with a median increase of 9.1%.This is a big jump […]

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What’s driving insurance industry growth?

By Sarah DingleThe insurance industry continues to grow.It grew at an annual rate of about 1.7% last year, according to a new report from the Center for American Progress.The average growth rate since 2007 was about 0.4%.But that’s just the rate of growth, according the Center.The industry added a lot of jobs.And there’s a lot […]

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Why is auto insurance not covering this?

Insurers and the industry are struggling to keep pace with demand for car insurance.Photo: Rob Homer Insurers are also struggling to provide a robust data platform for their customers to access data and monitor their coverage.They also are not keeping up with rising costs.Insurance industry consultant John Macdonald said it was a “major problem” that […]

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How to buy a new car: Find the best deal in 2018

When it comes to car buying, there are a lot of options to choose from, from the more affordable options to the expensive models.We’ve put together the best deals for 2018 to help you find the best insurance options for your budget.In this article, we’ll help you determine what the best 2018 car deals are, […]

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