Free Republic

G.M. had provided information about braking, acceleration and speed to LexisNexis Risk Solution and Verisk, firms that generated driver risk profiles for insurers... General Motors said Friday that it had stopped sharing details about how people drove its cars with two data brokers that created risk profiles for the insurance industry. The decision followed a New York Times report this month that G.M. had, for years, been sharing data about drivers’ mileage, braking, acceleration and speed with the insurance industry. The drivers were enrolled — some unknowingly, they said — in OnStar Smart Driver, a feature in G.M.’s internet-connected cars...

Property Insurance experts are weighing in on one state senator’s call for another special session to address the skyrocketing cost of property insurance for millions of Floridians. Gov. DeSantis is also urging patience, and quote “knocking on wood that we won’t have a big storm this summer.” “So knock on wood (that) we won’t have a big storm this summer,” he also said. “Then I think you’re going to start to see companies see an advantage.” “We have seen some projections that other companies may decide to take similar actions and withdraw from the state,” Friedlander said. “But we have...

Ron DeSantis, the rightwing Republican governor of Florida and a likely 2024 presidential candidate, has handed favors to his big-money donors in the insurance industry at the expense of cash-strapped residents of his state, a new report claims. The report, “How Ron DeSantis sold out Florida homeowners”, draws on contributions from the American Federation of Teachers union, the non-profit Center for Popular Democracy, the voting rights group Florida Rising and the dark money watchdog Hedge Clippers. [cut] the report’s authors suggest, that DeSantis’s administration has put the insurance companies’ interests ahead of Florida’s own citizens, who are battling homeowner insurance...

In order to encourage American workers to get vaccinated, the Occupational Safety and Health Administration (OSHA) has suspended the legal requirement for employers to report work-related injuries resulting from vaccinations aimed at combating the CCP virus that causes the disease COVID-19. This suspension of the law by OSHA does not change the fact that employers may be held liable under workers’ compensation laws or under civil personal injury laws, according to the nonprofit group Liberty Counsel. Earlier in May, the website of OSHA, an agency within the U.S. Department of Labor (DOL), stated that employers could be held liable if...

The press is a willfully ignorant advocacy group Charlie Rose, Norah O’Donnell, and Gayle King are all very wise people who know what they’re talking about. Frankly, it’s tough to overestimate their brilliance. They’re smarter than you, smarter than me, and their analysis should always be considered sacrosanct. For years, they wisely ignored the warnings of conservatives who argued that ObamaCare would destroy the American healthcare system. They scoffed at concerns about rate hikes, evaporating choices in terms of plans and doctors, diminished or rationed care, and stuck to the company line about “saving the average family” money.

So much for your $2500.00 savings. There have been plenty of stories about the ways in which ObamaCare is driving up healthcare costs. All across the country, we’ve seen double digit insurance rate hikes and soaring premiums. It’s nothing new, and conservatives have been warning that this would be the case since long before the unpopular law was rammed down America’s throat. However, acknowledgement of ObamaCare’s failure usually comes from either right-leaning news sources, or insurance industry watchdogs. We don’t often get it from the far-left paper of record, The New York Times: Health insurance companies around the country are...

New research from the Manhattan Institute estimates that insurance rates for young men will rise by 99 percent. Rates for younger women will rise between 55 percent to 62 percent, according to the right-leaning New York think tank. The precise impact of the new health law is likely to vary markedly from state-to-state, however. These differences mean men will get hammered in North Carolina with an average 305 percent rate hike, while women will suffer in Nebraska, paying an average of 237 percent more. For most people, subsidies in the law will not counteract the rate shock, says co-author of...

A half-dozen health insurers yesterday filed a lawsuit against the state seeking to reverse last week’s decision by the insurance commissioner to block double-digit premium increases — a ruling they say could leave them with hundreds of millions in losses this year. The proposed rate hikes would have taken effect April 1 for plans covering thousands of small businesses and individuals. Insurers wanted to raise base rates an average of 8 percent to 32 percent; tacked on to that are often additional costs calculated according to factors such as the size and age of the workforce. Yesterday’s legal action sets...

Received my notice on MD Unemployment Insurance 2010 rate increases, what would you do? If you have 4 employees at $10/hr 40/hr/wk.=$20800, wages for the 1st quarter 2010. My current unemployment rate now would cost me $187. With the NEW rate increases (they have not given us what our individual rates will be yet, just a range of increases) my cost will be between $457-$2800.(for the 1st quarter) Do I lay off someone, move, or go out of business? This is just the first increase notice, what about suppliers, other tax rates, etc. My margins don't allow for this amount...

SACRAMENTO (AP) - California's workers' compensation insurance rates have dropped an average 10.38 percent since lawmakers adopted a series of cost-cutting measures, but greater decreases are possible, Insurance Commissioner John Garamendi said Tuesday. "Workers' compensation rates are definitely on the down escalator, but the escalator needs to speed up," Garamendi said. "Greater savings are possible." The workers' comp insurance rates paid by California employers shot up dramatically in recent years, increasing 200 percent to 300 percent for some businesses. Lawmakers responded last fall and this spring with legislation that, among other things, imposed new limits on benefits for injured workers...