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this is Stephen Vegas with live
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insurance news.com bringing you the
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major headlines from this weekend
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insurance news small business health
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insurance marketplace to be delayed
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until next year the Obama administration
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has officially announced the delay of
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the launch of its online health
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insurance portal for small businesses
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the online marketplace will not take
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form until November 2014 at the earliest
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this limits the access that small
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businesses have to health insurance
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coverage and many small businesses had
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been planning on purchasing coverage
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through the federal exchange network
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homeowners insurance organization makes
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progress in Florida Florida citizens
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property insurance now boasts of more
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than 7 billion dollars in reserve
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capital after having struggled with
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financial troubles over the past several
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years the progress comes from the
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organization's efforts to depopulate
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itself of policies pushing homeowners
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back into the state's private market
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several private insurers have taken up
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the policy shed by citizens offering
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rates comparable to those offered by the
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state-run organization federal health
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insurance exchange website experiences
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shutdown over critical weekend the
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Centers for Medicare and Medicaid
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Services took the federal health
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insurance exchange website down for a
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period of 11 hours during the
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Thanksgiving weekend the downtime was
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required to implement a variety of fixes
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for the websites technical issues but it
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also meant that people were unable to
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access the site at all some are calling
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the 11 our downtime a significant
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setback for the Affordable Care Act and
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the ongoing problems concerning the
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federal exchange Network Tennessee
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homeowners insurance customers advised
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to review their policies state officials
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have recommended that homeowners look
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into their insurance protection ahead of
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any holiday travel homeowners insurance
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is not uncommon in the state but
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awareness of what protection is offered
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is uncommon state officials are urging
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homeowners to review their policies in
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order to ensure that they are protected
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from the numerous disasters that can
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happen during the holiday season health
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insurance companies flee south carolina
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market nearly a dozen how
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insurance companies are leaving South
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Carolina according to the state's
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insurance department the insurer's site
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new regulations coming from the
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Affordable Care Act is the reason behind
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their exodus some 30,000 people are
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expected to lose their coverage due to
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insurance companies pulling out of the
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state's market that's it for this week's
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news roundup be sure to visit life
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insurance news com for active coverage
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of the issues that matter to you