Medical Mutual of Ohio is the official carrier for Ohio’s new ObamaPool©, and starting today, the pool is open for business:

“Medical Mutual will begin accepting applications for the Ohio High Risk Pool program, with coverage to be effective for the first enrollees on September 1, 2010.”

What’s interesting is that they’re offering a finder’s fee for agents to steer folks into the pool. As an agent, I’m pleased that any efforts I make to encourage folks to take advantage of the program will be rewarded in some way (unlike, say, Cigna). Read more…

In its 2010 Executive Compensation Review, Charlottesville, Va.-based SNL Financial, a provider of financial data and analysis on the banking, financial services and insurance markets, examines pay packages across a number of lines of business for the 2009 fiscal year. While CEO base salary ebbed slightly (down .86%) for all insurance companies, there were some large variances across all lines, notes the report.

For example, while multiline and property/casualty CEOs saw base salary increases of 5.81% and 4.26% respectively, life/health and managed care CEOs saw a decline of 16.21% and 12.21%. Read more…

   Sometimes you’ll come across a customer, especially younger ones who have maybe never been in a bad accident or had something catastrophic happen in their lives, who tells you that insurance isn’t worth the cost and that he or she will probably never need it.

   Before you jump in with the reasons why it is a good idea, get him or her explain why they feel it’s not necessary. Let them talk without interruption so they have the chance lay out all the various reasons they have. Then based on everything you heard raise concerns that are valid to them.

   Then ask the customer picture what it would be like to have a major loss. Put them in a

Read more…

Indian insurance companies offer affordable student medical insurance plans for the students going overseas to pursue their education. At EIndiaInsurance, Indian student medical insurance plans offered by well known insurance companies are displayed in an unbiased manner. Student can compare student medical insurance plans conveniently without wasting time and energy.

Student health insurance India plans offered by prominent insurance companies like Bajaj Allianz, ICICI Lombard, TATA AIG, Cholamandalam… can be compared online. Student can get free quotes of student travel insurance plans and evaluate them before making a purchase. T

Read more…

These days, technology can do virtually anything, including putting blind people behind the wheel.

The National Federation of the Blind (NFB) and an engineering team at Virginia Tech have been working since 2007 to produce a vehicle that will allow blind people to drive.

The prototype for the first self-driving vehicle is a Ford Escape with a non-visual interface to help sightless drivers maneuver on the road. V

Read more…

A 2008 wind storm is still causing problems for Ohio homeowners. This time instead of downed trees and ripped off roofs, homeowners are having to deal with higher homeowners’ insurance rates. According to the Ohio Department of Insurance, rates increased by an average of 9.7 percent. The Ohio Department of Insurance surveyed the top ten providers of homeowners’ insurance, according to the Dayton Business Journal.

The increase comes on the heels of a seven percent increase in 2008, which at the time was the largest jump in five years, according to reports. Insurance companies say they paid out more than $1.4 billion in 2008 as a result of the September wind storm that left millions without power for days. The

Read more…

Students planning to pursue their education overseas can purchase tata aig student guard insurance online and stay secure while abroad. TATA AIG student guard medical insurance covers the insured for medical emergencies occurred while overseas. There are different plans in tata aig student guard with varying medical benefits as $50,000, $100,000 and $250,000.

There will be a deductible of $100 for all the plans under TATA AIG student guard insurance and the premium cost also varies according to the plan chosen. TATA AIG student guard insurance can be purchased online at EIndiaInsurance. Students can use a credit/debit or cheque to purchase TATA AIG student insurance online.

Read more…