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Archive for the Live Insurance News Category

USAA insurance company offered military members financial help during shutdown

The insurer was providing interest-free loans to military members whose paychecks were impacted by the government shutdown. Military members whose paycheck depends on the government staying open had a bit of help from the USAA insurance company. The insurer offered military members interest-free loans to help them […]

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US government shutdown leaves CHIP without funding

Senate failed to pass the House-sponsored continuing resolution (CR) to the president on Friday. The Senate was unable to advance the House-sponsored CR ahead of a US government shutdown last week. It left the Children’s Health Insurance Program (CHIP) unfunded, placing many states at risk of losing […]

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Auto insurance refund on the way to many customers who bought via car dealer

Suncorp and Allianz will be repaying $63 million to customers who purchased through dealerships. Allianz and Suncorp are required to pay an auto insurance refund total of $63 million to customers who purchased coverage through their car dealers. The repayment is a part of a crackdown from […]

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Revolut travel insurance covers you using geolocation tech in your phone

This Fintech startup offers a subscription service offering international medical and dental coverage. The new Revolut travel insurance, the product of a Fintech startup, now offers international medical and dental coverage. The product involves the use of a mobile app and geolocation technology. For a small daily […]

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Florida no fault car insurance repeal moves ahead in state Senate

Senator Tom Lee (R-Brandon) introduced the bill in the hopes of controlling skyrocketing premiums. The no fault car insurance bill meant to repeal the current system in Florida has cleared an important Senate committee. Should it become law, it would mean that drivers will need to purchase […]

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New Allstate jobs abound as State Farm lays off more workers

Allstate will be hiring 800 new people throughout the American Northwest and Washington state. Even as State Farm layoffs continue, the number of new Allstate jobs available will see a sharp spike this year. The national insurer will be hiring 600 people throughout the Northwestern states as […]

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California mudslide expected to generate tens of millions in insured losses

A new Aon Benfield report indicated that insurance companies are bracing for sizeable claims from the devastation. Aon Benfield’s Impact Forecasting unit released a report predicting that the California mudslide brought on by heavy rains following massive wildfires in the region will generate widespread losses. Overall, the […]

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New SIPPs Sales in UK Projected to Reach 1.4 Million in 2022, According to a Research Study

Albany, New York: A new research study offering insights on the performance of SIPPS in the UK has been added to the comprehensive repository of Market Research Hub (MRH). The report is a valuable source of information for stakeholders looking to gain a detailed understanding of the factors […]

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Usher’s accuser sues insurance broker for sharing private herpes medical information

Laura Helm has filed a lawsuit against the team that shared her sensitive data in the Usher case. The case involving women accusing Usher of willingly spreading his herpes has returned to the headlines with a lawsuit against an insurance broker. This time, one of the accusers, […]

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Congressional Budget Office predicts $800 million bill for 5 years of CHIP

The Children’s Health Insurance Program covers almost 9 million low income kids in the country. The Congressional Budget Office released a prediction from its analysts that the Children’s Health Insurance Program (CHIP) will cost $800 million for a 5 year renewal. This total could help lawmakers to […]

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