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is Sten Vegas with linsan news.com
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bringing you the major headlines from
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this weekend insurance News insurance
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Industry executives in the US recognize
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a Need For An upgrade the results of a
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saag show that Two Out Of Three
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insurance executives areal aging Legacy
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the Systems are making it difficult to
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reach new Markets around the world as
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well as manage the life cycle of
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consumers insurance executives suggest
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that the need for upgrading These
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Systems is becoming more apparent
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throughout the Industry disability
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insurance benefits Bill Moves forward in
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Rhode Island a new Rhode Island
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disability insurance Bill is now Heading
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to the state senate in The Next Step of
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the legislative process the Bill is
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meant to expand the temporary benefits
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that are provided to those that are
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forced to leave work in order to care
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for sick relatives or to care for
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newborn Children The legislation was
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introduced by Senator Gale golden and
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Will require an increase to the state
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wage tax in order to provide additional
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funding for the temporary disability
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insurance program Health insurance
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exchanges May Miss an important deadline
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a new report from the government
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accountability Office suggests that
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State exchanges May not become
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operational on October 1 Missing their
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most important Dead all exchanges
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Open Ener 1 of this year report shows
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that many ofy Els of These exchanges
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uned exchanges are falling behind in
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federal subsidies and consumer
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eligibility programs that could present
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Major problems for the Affordable care
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Act in the future usage based insurance
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subscribers expected to double according
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to Data from Frost and Sullivan 60% lar
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insurance companies in US USAs insurance
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progr PRS primarily exist in the auto
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insurance space and involve the use of
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telematics to record the driving habits
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of a consumer policies taking advantage
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of usage based programs are expected to
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double over the next three years in the
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US and in some parts of Europe Texas
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homeowners insurance program could see
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surplus this year officials of the Texas
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windstorm insurance Association claim
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that 2013 has been a very positive year
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for the state Run insurance program the
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insurance organization is on track to
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see a million surplus by the end of this
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year the surplus is likely due to the
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settling of numerous lawsuits that have
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plagued the insurance Organization for
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the past several years That's it for
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this week's News Roundup be sure to
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visit live insurance news.com for AC
2:48
coverage of the isses that matter to
