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Archive for the Live Insurance News Category

Allstate identity protection gets a boost with InfoArmor acquisition

The insurer is expanding its ability to cover consumers against growing ad increasingly common risks. The Allstate Corporation is upping its presence in identity protection with a new agreement for InfoArmor, Inc. acquisition. This deal gives the insurance company the opportunity to raise its potential within this […]

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Cyber insurance market will be twice as big over 3 years, Munich Re

Data breaches and other cyber attacks are growing in frequency and size, boosting coverage need. The cyber insurance market will reach more than 8 billion dollars by 2020, representing a doubling from its 2017 figure, says Munich Re. Cyber attacks making major headlines are rapidly becoming more […]

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Allstate Foundation Purple Purse awards $1.25 million to its cause

The insurer’s foundation supports programs empowering victims of domestic violence and financial abuse. The Allstate Foundation Purple Purse initiative recently announced it was awarding $1.25 million to Moving Ahead grants. This effort supports coalitions against domestic violence and that support victims of domestic violence. The grants provide […]

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Nearly 9 out of 10 US consumers blame surprise healthcare costs on insurance companies

Recent survey results show 86 percent of consumers blame their insurers for unexpected bills. Most insurance beneficiaries place the blame of surprise healthcare costs directly on their insurance companies. This, according to the findings in a newly published consumer survey. The report suggested that health insurance companies […]

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California Legislature enacts homeowners insurance reforms regarding wildfires

Victims of the fires that destroyed thousands of homes in 2017 will not benefit from the changes. The California Legislature has approved homeowners insurance reforms designed to boost consumer protections. This is particularly important as Californians battle with wildfire risks for yet another year. Devastating wildfires have […]

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More Americans have health plan coverage now than before Obamacare

Over 95 percent of American children now have medical coverage, which is a significant increase. On the whole, fewer Americans lack health plan coverage than was the case before the Affordable Care Act. That said, Americans in some states are more likely to be covered than others. […]

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Dave Jones wants more entries to the California marijuana insurance market

The California Insurance Commissioner has called on insurers to help fill coverage gaps in this marketplace. Insurance Commissioner Dave Jones recently called on insurers to take part in the California marijuana insurance market. The goal is to help to fill the coverage gaps that exist among businesses […]

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1 in 5 Consumers accept Amazon and Google as homeowners insurance companies

One in five consumers said in a recent J.D. Power survey that they would be willing to use Amazon or Google as homeowners insurance companies. Among those who participated in the survey, 80 percent were already insured by a large national carrier. Amazon and Google have both […]

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Lloyds of London insurance giant takes its first steps into cryptocurrencies

The marketplace is making this move without doing much in terms of announcements. Lloyds of London insurance market has started taking steps into the cryptocurrency world. It has done so quite quietly, despite the weight of this move into the crypto sphere. This first digital currency insurance […]

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Batman movie insurance may not extend to Ben Affleck

The actor’s brief stint as the Dark Knight may be cut short due to a lack of adequate coverage. Ben Affleck may not be able to continue in his role as the Caped Crusader because of the Batman movie insurance costs it would take to cover him. […]

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