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Archive for the Live Insurance News Category

Best insurance workplace in Indianapolis title goes to GEICO

A survey sponsored by The Indianapolis Star revealed that the insurer took the top spot for the third year in a row. GEICO has been recognized as the best insurance workplace in Indianapolis for the third year in a row, according to a news release. The title […]

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Insurance company Brexit takes Liberty Specialty Markets out of London

The specialty insurer announced the city that will become its new home after the U.K. splits from the E.U. The insurance company Brexit strategy announcements have begun, and among the latest is the new Liberty Specialty Markets headquarters. The specialty insurance company has been seeking a new […]

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Car insurance market will be 70 percent smaller in 2050, study

A new KPMG report showed that autonomous vehicle technology will have a tremendous impact on this sector. The car insurance market will wither by up to 60 percent by the year 2040 and by 70 percent of its current size by 2050, according to a recent KPMG […]

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Insurance survey shows Americans receiving more opioid prescriptions than ever

The research shows 1 in 5 people received an opioid painkiller prescription at least once in 2015 alone. A new insurance survey conducted by Blue Cross and Blue Shield revealed that over one in five Americans were prescribed opioid painkillers at least one time in 2015. This […]

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Aetna insurance moving headquarters out of Hartford after 164 years there

The coverage giant has been in Connecticut for over a century and a half and is now moving to New York City. After 164 years in Connecticut, Aetna Insurance is now moving its headquarters out of Connecticut and into New York City. The company had announced its […]

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Allstate America’s Best Drivers Report for 2017 released before deadliest driving day

Motorists headed out on July 4 may want to check out the stats from this nationwide insurance company. The annual Allstate America’s Best Drivers Report has now been released, identifying July 4th as yet again the deadliest day on the country’s roads. Motorists are being cautioned to […]

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GOP healthcare bill could be deadly for thousands of Americans, study

A new report suggests that lawmakers are debating a bill that could take away insurance needed to save lives. If the GOP healthcare bill goes ahead in its current form, the number of premature deaths among Americans will increase by 29,000 per year, says a report in […]

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London tower block fire wasn’t without warning from the insurance industry

The Grenfell Tower building was completely destroyed in a massive blaze, killing at least 79 people. The London tower block fire that led to the death of at least 79 people and injured many others did not occur without warning. The insurance industry in the United Kingdom […]

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Cyber insurance market grows by over a third last year

A recently released Fitch Ratings report suggests that this digital coverage grew by 35 percent. A new Fitch Ratings report suggested that the cyber insurance market’s premium exposure, estimated to be $1.35 billion, is greater than predicted. Fitch pointed to natural obstacles to differentiating the cyber related […]

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Auto insurance statistics show collisions are greater in states with legalized marijuana

The data is in and it’s not good news for the states that have legal pot, as car crashes are more common. Recent auto insurance statistics from an industry study has linked a spike in car accident claims with the legalization of recreational pot use. The findings […]

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