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Just over one quarter (26%) of all Americans of working age in 2011 experienced a gap in health insurance cover, says a new report published by the Commonwealth Fund. The authors explained that in many cases, when people change their jobs or become unemployed, many of them lose health coverage.

It can be extremely difficult to recover employer-sponsored health coverage after it is lost, the report showed. 69% of those who spent time with no health insurance, did so for at least 12 months; for 57% the period was longer than two years.

The data, which is based on the 2011 Commonwealth Fund Health Insurance Tracking Survey of U.S. Read more…

TripInsurance.com has announced that it is now offering a new product as a part of its available travel insurance options, that will provide policyholders with coverage for evacuation in non-medical emergencies.

This trip coverage will be underwritten by US Fire Insurance Company and BCS Insurance Company, and will provide customers up to $25,000 in payments to cover their return to safety should their destination experience a man-made or natural disaster, or resulting from political issues that are covered by the policy.

This new protection is different from medical emergency evacuation protection as it covers unforeseen disasters.

Examples of the type of situation where this travel insurance would apply include Hurricane Katrina, Cairo’s political crisis, and the Japan quake, tsunami, and nuclear emergency. P

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If you are looking for the cheapest home contents policies, home insurance or buildings insurance available, then here are some of the top tips that might be able to help you out.

1. Shop around. You can do this by going online and visiting the websites of various insurance companies, going through consumer guides, asking friends and relatives or getting the assistance of an insurance broker.

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A median-income American family is only $95 per month better off today than ten years ago because rising health care costs have eliminated virtually all their income gains, researchers from the Rand Corporation revealed in the journal Health Affairs. Had health care costs risen in line with other goods and services those families would have had an extra $545 disposable income per month in 2009. Economist David Auerbach, the study’s lead author, said:

“Accelerating health care costs are a primary reason that the so many American families feel like they are just treading water financially.

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Going into business for yourself and starting up your own independent insurance agency can be a thrilling, fulfilling, and rewarding experience, but you need to understand the business and its requirements before you can hang your shingle.

Insurance, after all, is a business of relationships, and while you may have many on your own as an agent, by recruiting several associate agents, you will build your network significantly. By helping to protect families, individuals, and businesses from the disasters that can occur in life, you will also be creating a lucrative income for yourself and others.

Of course, all of this starts by getting the business off the ground.

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Small insurance agencies want direct access to local underwriters because they enable them to perform their job functions quickly and efficiently, a new study finds.

The study, according to The Hanover Insurance Group, which commissioned it, bucks the trend where some insurance companies are centralizing their underwriting and increasing their reliance on technology.

Exactly 98% of CSRs rating underwriting access as “very important” (71%) or “important” (27%).

The Hanover said it commissioned the study to better understand the evolving needs of small commercial customer service representatives and provide insights to how the company can further align and support this critical agency role.

The study found underwriter visits and calls to the agent to be the most effective means of communication between CSRs and carriers, compared with emails, company newsletters, internet postings and other electronic means of communications.

The studys authors say that customer service representatives believe underwriters understand their role within the agency more than any other carrier representative, with 94% stating that underwriters understand what they do.

While our business has undergone tremendous changes in recent years as a result of technology, one thing has remained the samepersonal interaction with knowledgeable underwriters is a key component to doing business, said Michael Keane, The Hanovers president of small commercial.

The study was conducted by The Pert Group, an independent consulting and research firm, based on online interviews conducted in late 2011, among small commercial customer service representatives.