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Archive for the Live Insurance News Category

Travel insurance benefits may not be worth it, says Senator

Senator Edward J. Markey from Massachusetts released a report casting doubt on the coverage. Democrat Senator Edward J. Markey of Massachusetts issued a new report focusing on travel insurance benefits and whether or not they hold value. In it, he examined the travel insurance industry as a […]

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Allstate releases its catastrophe loss estimate for July 2018

The American insurance giant released the announcement of loss as well as its future predictions. The Allstate Corporation recently released its catastrophe loss estimate for July 2018. Throughout that month, it estimates having experienced loss from catastrophes reaching a pre-tax $262 million. This figure converts to $207 […]

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Detroit Mayor Duggan files no-fault auto insurance rate lawsuit against Michigan

The popular local politician is looking to the courts in an attempt to lower skyrocketing premiums. Detroit Mayor Mike Duggan has sued the state of Michigan over no-fault auto insurance rates. The lawsuit is part of an ongoing strategy to try to reduce the premiums paid by […]

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70 Percent of US health care companies don’t have cybersecurity insurance coverage

Though the percentage of covered firms is rising, the vast majority are not protected from cyber attacks. A tremendous 70 percent of health care companies in the United States don’t have cybersecurity insurance. This was among the results reported by FICO in a recent study commissioned by […]

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Russell Higginbotham announced as new Swiss Re CEO

The incoming chief executive officer will replace Jean-Jacques Henchoz, who is leaving the insurer. Group Executive Committee member, Reinsurance EMEA and Regional President EMEA, Russell Higginbotham will become the Swiss Re CEO on September 1, 2018. The previous chief executive officer made the decision to seek an […]

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A new Amazon health insurance comparison site is in the works

The online retail giant is in discussions with European insurers for a U.K. price comparison website. Amazon.com Inc. has entered into discussions with E.U. insurers in the hopes of forming an Amazon health insurance price comparison site for the United Kingdom. This new site is in its […]

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Health plan premiums are stabilizing, regardless of Republican efforts to the contrary

Despite the best efforts by the GOP to kick the pins out from under the ACA, prices are evening out. Even as Republicans work to undermine the Affordable Care Act, better known as Obamacare, health plan premiums are stabilizing. Insurance premiums have been rising, but they will […]

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NC insurance commissioner bans move-ins in unsafe university residence

The newly constructed University of North Carolina at Asheville residence halls were found unsafe. The NC insurance commissioner has banned students from being able to move into their residences at the University of North Carolina Asheville. Five newly constructed residence halls are deemed unsafe. The buildings were […]

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India aligns itself for largest health care overhaul the world has ever seen

The country is completely reforming its medical care quality, availability and reduce mortality. India is in the midst of a massive health care overhaul that will become the largest in the world once complete. The goal is to help to ensure health care is available to everyone […]

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Dog insurance premiums are more affordable in some cities than others

These locations are providing agents, brokers and animal owners a substantial opportunity. A recent study has revealed the parts of the country where dog insurance premiums are the lowest. There, pet owners can purchase coverage for their furry family members in an affordable way. Pet insurance can […]

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