Virginia Dems advance bill through Senate to provide taxpayer-backed health insurance to illegal immigrants
Virginia Democrats have introduced a bill that would extend taxpayer-supported health insurance to undocumented immigrants. On Tuesday, the Democratic-controlled state Senate passed the “Cover All Children” bill on a party-line vote of 21-19. The law aims to provide undocumented immigrants under the age of 19 who are not enrolled in a group health plan or […]
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Virginia Dems push to expand state-funded health insurance to illegal immigrant children
Virginia Democrats are pushing for expanded state-funded health insurance for the children of illegal immigrants, with a critical committee vote scheduled for Thursday. The Senate bill, dubbed the “Cover All Kids” Act by its sponsors, would provide children of undocumented immigrants with access to a “state-funded comprehensive health insurance” program with eligibility requirements similar to […]
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance claims payments are becoming too high relative to insurance companies’ profits, causing social inflation. (iStock) Consumers are unlikely to see their premiums fall this year, but According to a report from Morgan Stanley. The past few years have been difficult for the insurance industry. Social inflation rose higher than traditional economic inflation. social inflation […]
New Orleans attorney files lawsuit against insurance commissioner; hopes to block sale of Blue Cross Blue Shield – KLFY
BATON ROUGE, La. (BRA PROUD) – A New Orleans lawyer has filed a federal lawsuit seeking to stop the sale of Blue Cross Blue Shield of Louisiana. Henry Kinney has filed a lawsuit against current Insurance Commissioner Tim Temple and the state of Louisiana, seeking an appeals process, according to court documents. Kinney said that […]
Car insurance premiums have increased 26%
‘Barron’s Roundtable’ panel provides insight into the increasing pressures on consumers. Motorists across the country are feeling the pinch as auto insurance premiums continue to rise, according to a new report. Nationally, the cost of full coverage auto insurance increased to $2,543 this year, or $212 per month, an increase of 26% over the past […]
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices
Rising temperatures could lead to more natural disasters, leading to more insurance claims and higher interest rates. (iStock) Global temperatures are rising, and last year was the hottest year on record. Copernicus Climate Change Service. As temperatures rise, so does the cost of cooling your home. Last summer, natural gas consumption reached an all-time high. […]
Florida’s surging home insurance costs rattle seniors who want to keep houses
Home insurance costs in storm-hit Florida are at a crisis point, and seniors are increasingly worried about whether they will be able to keep their homes. Real estate agents and mortgage lenders who spoke to the Post said insurance companies in the Sunshine State are forcing prospective buyers to look for cheaper homes. Meanwhile, existing […]
Maryland bill would require gun owners to buy up to $300K in liability insurance
Gun owners in Maryland would have to carry at least $300,000 in liability insurance or lose their right to own a firearm under a new bill. The controversial bill, introduced by Rep. Terry Hill, D-Howard County, would allow individuals to “wear or carry” guns anywhere in the state unless they have at least $300,000 in […]
Democrat bill bans gun owners in Maryland from carrying without $300,000 of liability insurance
Maryland House Democrats introduced a bill last week that would prohibit gun owners from carrying guns without $300,000 in liability insurance. What are the details? WBFF TV reported Introduced by Terry Hildell law“A person will be compensated for property damage, personal injury, death resulting from an accident resulting from the use or storage of a […]