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New York Approves Medical Malpractice Insurance Rate Hike

6 July, 2010

The average medical malpractice insurance rate increase for New York doctors this year will be five percent. The increase, which took effect July 1, follows two years of rates freezes.

New York State Insurance Superintendent James J. Wrynn, who approved the rates, said the increase “will help hold the line on costs for physicians while giving the insurance companies the resources to pay claims as they come due.”

Wrynn established new base rates resulting in five percent increases for Medical Liability Mutual Insurance Co. (MLMIC), which is the largest medical malpractice insurer with almost 60 percent of the market, and Physicians’ Reciprocal Insurers (PRI), the second largest medical malpractice carrier with almost 30 percent of the market.

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Two smaller specialty carriers, Hospitals Insurance Co.

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TATA AIG travel medical insurance

5 July, 2010

Travelers need to purchase a proper overseas medical insurance before starting their journey abroad. TATA AIG travel insurance can cover the travelers for medical expenses incurred in case of an emergency while overseas. Travelers can enjoy their trip peacefully, least worried about the disastrous scenarios by getting covered with tata aig travel medical insurance policy.

TATA AIG travel insurance plan covers the insured for hospitalization costs, emergency medical evacuation, repatriation of mortal remains, accidental death and dismemberment… while abroad. TATA AIG travel insurance plans are designed to meet the requirements of travelers who travel overseas occasionally or frequently. T

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Today’s News: Obama Fights Insurers over Rates, Long Term Care Costs Steadily Increase and Adults Text and Drive More than Teens

5 July, 2010

The fight for affordable health insurance is long from over as President Barack Obama fights with insurance executives to keep costs low. Those with long-term care insurance could expect to pay more sooner than later as the costs associated with care increase and in auto insurance news, it appears that adults are more likely to increase their rates after participating in the reckless act of texting and driving as teens.

Obama Fights Insurers over Rates

Recently, Obama told health insurance executives that he wants them to put (and keep) a lid on big rate increases to keep costs low for policyholders. Executives were not too eager to oblige the president, however, telling him that some rises were unavoidable because the new health reform law required them to offer better benefits.

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Is it Affordable to Rent an Apartment?

30 June, 2010

If you are like a lot of people you will want to get the best deal on wherever you live. This can mean that you may often ask yourself the question is it affordable to live in an apartment? This is a common question if you are looking to rent, so you will certainly want to know as much as you possibly can about the costs of renting.

It can be quite a big challenge to find a place to rent that may meet all your criteria, but it is certainly worth it in the long run when you actually take the time and find a place that you enjoy living in and that doesn’t cost a fortune. It can be a challenge to find places that aren’t very expensive, or meet your particular budget, but it is entirely possible to do.

One of the best ways to help you find a place that is affordable and in your price range is by looking online. You

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Be sure that your business needs a self employed business insurance

30 June, 2010

When you begin your own business, your important task is investing in self-employed liability insurance. The lawsuits are very common in our time. If your company is opened to liability, it can ruin the financial future of your company and the financial well-being of your company. Anything can happen, for example a client slips and falls in your joint. He can prosecute you for negligence and may be you will be responsible. Therefore, it is useful to take out liability insurance, which can protect you, your home and your business. You can get this type of insurance very easy.

You can choose between different liability insurance variants, and your choice will depend on the type of your business. Read full post…

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