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Archive for the Live Insurance News Category

Travelers insurance discounts added after purchase of home policies over Amazon

The insurer has opened a storefront on the website’s marketplace, said a company announcement. Policyholders seeking Travelers insurance discounts may be able to find them by shopping on Amazon. The insurance company has created a digital storefront that has become the first of its kind on the […]

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Total Hurricane Florence damage estimates now up to 11 figures

The home and business property damage done from the storm’s flooding is notably higher than expected. The estimated Hurricane Florence damage total from the extreme flooding is considerably higher than previously predicted. The water and wind has left damage that is now estimated to be in the […]

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Michigan Attorney General may join Detroit mayor in no-fault insurance lawsuit

AG Bill Schuette may back Mayor Mike Duggan in having the state system declared unconstitutional. Michigan Attorney General Bill Schuette may step in to support Detroit Mayor Mike Duggan in the lawsuit to declare the no-fault insurance system in the state to be unconstitutional. The Detroit Mayor […]

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Insurance industry encouraged to focus on terrorism risk

Insurers are encouraged to address this issue as it is producing growing economic losses. Rising economic losses resulting from terrorism risk require the insurance industry’s attention. This, according to the Guy Carpenter & Co LLC reinsurance broker, which recently released a report on the topic. The cost […]

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American Insurance Association enters coalition between US and UK despite Brexit

The trade association for P/C insurance leaders will use the coalition to make notable improvements. As Brexit Day in March 2019 moves ever closer, the American Insurance Association was undaunted and joined a coalition between the United States and the United Kingdom. The goal is to boost […]

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Insurance industry diversity gets a shot in the arm from the California commissioner

Dave Jones issued a letter urging CEOs to boost the diversity on their governing boards. California insurance industry diversity just received additional official support through a letter from Commissioner Dave Jones. In his letter, Jones addressed the CEOs of at least fifty insurance companies operating in the […]

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Massachusetts insurance industry helping Massachusetts towns recover from explosions

After three towns suffered natural gas explosions, carriers are helping them get back on their feet. As three towns in continue to recover from several natural gas explosions, the Massachusetts insurance industry is trying to help. Certain specific insurance companies have stepped up to try to assist […]

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2019 Military Friendly Employers list ranks Allstate in second place

This is the third consecutive year the company has received this important distinction as an employer. Allstate Insurance has received the second spot on the 2019 Military Friendly Employers list. It has received this honor once again in recognition for its efforts to hire, train, develop and […]

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JetBlue and Delta accused of taking travel insurance kickbacks for sales

Two of the largest airlines in the United States are now each facing similar class action suits. JetBlue and Delta are each facing class action lawsuits accusing them of taking travel insurance kickbacks for selling policies. They are accused of failing to tell customers that they receive […]

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Modi launches Indian health insurance coverage for 100 million families

Ahead of the country’s elections, the prime minister rolled out the world’s largest healthcare program. India’s Prime Minister Narendra Modi has launched the largest healthcare program in the world, with Indian health insurance to cover 100 million families. In total, this coverage extends to about half a […]

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