My friend who is an MBA said that if this were implemented, all the insurance companies would just move to South Dakota, because they have the weakest laws, and then they would be able to sell insurance to everyone and ignore all the other states' laws. is that true? That would be a very good [...]
Archive for the ‘Insurance Companies’ Category
What if health insurance companies were allowed to sell across state lines?
Posted by on June 28th, 2011
Can insurance companies check a drivers convictions following an accident?
Posted by on June 6th, 2011
Are Insurance companies able to check your previous driving history - say following a ban, after you have an accident. Yes, insurance companies run an MVR (Motor vehicle report) on you when you first buy the policy. They also run your MVR every time your policy renews to see if you've had any violations. They [...]
How does a newly formed company gain approval from insurance companies to complete Paramedical services?
Posted by on May 24th, 2011
Companies like Exam one, APPS, EMSI and Portamedic already have insurance approvals. How would a new and upcoming company be able to complete these same services and compete for the market offered? this is in reference to performing services to complete the underwriting process for any insurance company for Life, Health, and long Term Insurance [...]
Regulations For Insurance Companies
Posted by on May 6th, 2011
The Surety Association of America makes rates for bonds. fire insurance rates are made by state-wide, regional, and a few local "inspection" or rating bureaus. the rating bureaus collect statistics and then develop rates and rate schedules to be applied to approved policy forms. Rating bureaus are often responsible for the standardization of insurance policies. [...]
Who has a better idea for getting health insurance companies to cover pre-existing conditions?
Posted by on May 6th, 2011
The problem is that, without the mandate, insurance companies won't cover people with pre-existing conditions. otherwise, people will just wait until they get sick to buy insurance. So you have to create a system where everyone is insured -- a mandate. OK, if you don't like the mandate, how would you get insurance companies to [...]
Posted in Insurance Companies 
Tags: 30 minutes, buy insurance, care act, pre existing conditions 
38 Comments »What legislation made it illegal for insurance companies to trade over state lines?
Posted by on May 1st, 2011
What law made it illegal for insurance companies to do business over state lines? or, at the least, roughly in what year was it made illegal for insurance companies to do so? States have differing laws about requirements for individual insurance policies. Car insurance, health insurance, homeowners' insurance, etc There's no "one size fits all' [...]
What are good insurance companies for male learner drivers?
Posted by on May 1st, 2011
We are starting to think about a car and insurance for our son who is 17 shortly. Have you any advice on types of car and how the insurance system works, is it better for him to insure himself or for to do it through his father, and which companies are the best. Thanks carquotes.fateback.com [...]
Posted in Insurance Companies Tags: car insurance rates, learner drivers, young drivers 12 Comments »How come health insurance companies are allowed to discriminate against people with disabilities?
Posted by on April 26th, 2011
How is it legal for health insurance companies to discriminate against people with disabilities (I mean, medical disabilities), but other companies are not allowed to, like grocery stores are not allowed to? Or maybe it IS legal for other businesses to discriminate against people I am really just curious, that's all. About the legal process. [...]
Posted in Insurance Companies Tags: health insurance, insurance, medical disabilities, share holders 4 Comments »Can an insurance company check what you've done with other insurance companies?
Posted by on April 24th, 2011
Do they have the right to look into what other insurance companies you've been with and what you had done on those companies? also does a doctor/specialist (orthopedic, family doctor, other specialists, etc) know how long you will been on insurance, or have the right to know. Can they look into your past medical bills? [...]
How do insurance companies figure the amount they will pay you for a totaled vehicle?
Posted by on April 24th, 2011
How do insurance companies decide what to pay for a vehicle that has been in an accident and totaled out.do they use a guide like Kelly Blue Book? Retail, wholesale or trade in values? They use a different system but will try to give you as little as possible.Dont allow that.Demand KBB value. i believe [...]
