National Flood Insurance Program Fails to See Long-Term Extension

Written by Tiffany Mitchell on November 30, 2011 – 9:01 am

On Thursday evening, Congress approved a short-term extension of the National Flood Insurance Program providing it with funding for several weeks. After it had been extended for an entire year starting in Sept. 2010, lawmakers appear to have pushed the program back into the cycle of short-term extensions, leaving some to wonder when the National Flood Insurance Program will finally receive a solid, long-term extension.

National Flood Insurance Program Extended to Dec. 16

Last week, the Senate passed a short-term funding bill shortly after the House of Representatives, approving a number of spending measures that would fund the government and avoid a federal shutdown at the end of the week.

Included in the bill was an extension of the National Flood Insurance Program, allowing the program to receive funding until Dec.

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Tags: Extension, Flood Insurance, Flood Insurance Program, Insurance Program
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S&P Issues Stable Outlook for U.S. Life Insurance Industry

Written by Steven Rivera on November 28, 2011 – 12:15 pm

S&P announced in a report this week that it would be maintaining its stable outlook for the U.S. life insurance industry. This announcement should help insurers breathe a sigh of relief after the credit ratings agency announced that it issued credit rating downgrades for multiple banks on Tuesday.

Life Insurance Industry Classified as Stable

S&P, New York, published a report this week called U.S.

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Tags: Industry, Insurance Industry, Life Insurance, Life Insurance Industry
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Visitor Travel Insurance for Indians

Written by Steven Rivera on November 28, 2011 – 8:19 am

The Indian travelers visiting the USA need insurance coverage. The health care costs are expensive in America and the consulate mandatorily ask travelers to purchase visitor travel insurance before leaving their home country. Indian travelers who are visiting their close ones or visiting America for any reason can purchase insurance plans designed by American Insurance Companies which are called as visitor travel medical insurance.

Visitor travel insurance for Indians is available online for comparison and purchase at American Visitor Insurance. The coverage of these plans is carefully designed keeping the varied requirements of travelers from India belonging to varied age groups.

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Tags: Insurance, Travel Insurance, Visitor Travel, Visitor Travel Insurance
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Allstate Insurance to Drop Non-Bundled Homeowners Insurance Policies in North Carolina

Written by Tiffany Mitchell on November 23, 2011 – 12:24 pm

Thousands of North Carolina residents who carry homeowners insurance through Allstate Insurance are being dropped by the company for refusing to bundle their homeowners insurance policy with auto coverage, according to various media reports. Homeowners who dont agree to purchase the additional auto insurance coverage will not be allowed to renew their policies.

Bundled Homeowners Insurance Required by Dec. 15

Allstate, a property and casualty insurance company, recently informed 45,000 homeowners that they will not renew policies which are not combined with an Allstate commercial or private auto insurance policy by Dec.

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Tags: Carolina, Homeowners Insurance, North Carolina
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Overseas Medical Insurance by Reliance

Written by Steven Rivera on November 22, 2011 – 5:53 pm

Travelers from India visiting foreign countries for holiday or pleasure have increased over past few the years. There are quiet a good number of holiday makers in India who organize such pleasure trips for Indian travelers. While you are in a foreign country you might need insurance coverage to pay the medical bills in case of an emergency. Visitors cannot purchase health insurance plans of the country they are visiting.

Travelers can purchase Reliance travel insurance to stay secured during their overseas visit. Travellers can purchase the right plan that suits the individual requirements of the travellers.

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