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Archive for the Live Insurance News Category

Earthquake insurance and preparedness low in Israel, despite risk

The region typically experiences large quakes every 80 to 100 years and is now coming due. In Israel, preparedness and earthquake insurance to protect against a major quake remains too low. The State Comptroller, Yosef Shapira has now issued a warning to the country that preparedness is […]

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Iran insurance processing may soon be blocked on Lloyd’s IT platform

Sanctions from the United States will likely get in the way of using the platform for this purpose. New U.S. sanctions will likely make it impossible to purchase any form of Iran insurance using a Lloyd’s of London platform. This will only worsen struggles for European insurers […]

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Louisiana workers compensation sees few claims but high costs

Employees in the state are less likely to be injured than in any other place across the country. The Louisiana workers compensation program functions in a curious way. Despite the fact that employees in the state are less likely to be injured than those in any other […]

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Charges laid in massive health insurance scam worth $1M in fraud

A Florida man has been charged with impersonating a New Jersey doctor to make falsified claims. A Florida man is now facing charges in a massive health insurance scam. To swindle his insurance company out of about a million dollars, he allegedly assumed the identity of a […]

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5 Life Insurance Policies You Should Consider (That Aren’t Term)

Looking for life insurance? Purchasing a life insurance plan is one of the best ways to secure your family’s well being, providing you with peace of mind along the way. There’s no shortage of plans promising low premiums and strong benefits, but knowing what all options are […]

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Thousands in Arkansas fear lost health insurance benefits under new rules

Medicaid changes in Republican led states are often aligning with Trump’s efforts to dismantle Obamacare. One state at a time, health insurance benefits are changing for those reliant on Medicaid and whose governors are Republican. As the GOP works to take Obamacare apart, many states now have […]

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Kansas insurance company claim paid out after child knocks over $132,000 statue

The child’s parents were required to pay for the broken artwork, but their insurer paid most. The Kansas insurance company has covered the parents of a boy who knocked over a statue worth $132,000. The video of the boy toppling the artwork went viral shortly after the […]

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Swiss Re insurance stops covering coal-dependent companies

The massive insurer is a part of a growing movement finding that fossil fuels are becoming a liability. The Swiss Re insurance giant has implemented a new policy against covering firms highly reliant on coal. As the world works to eliminate coal power, firms are finding that […]

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Are you ready to make an insurance claim with voice-calling AI?

Google’s artificial intelligence is moving in as a replacement for low-skilled human labor jobs. Google’s surprisingly natural voice-calling AI may soon be headed to insurance call centers. A report by The Information was picked up and investigated by Engadget. The report showed that an insurance company in […]

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Insurance drone use spikes as hurricane season gets rolling

With each new season of potential natural disasters comes a much larger investment in this tech. Insurance drone use has been taking off – so to speak – with each new hurricane season. This year has been no exception. Every year, the tech proves itself in terms […]

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