Notre Dame fire insurance is non-existent, but donations for repairs are high

Julie Campbell
Notre Dame Fire - Notre Dame Cathedral

The French State owned cathedral was self-insured as there isn’t coverage available for priceless artwork and structures. The devastating and heartbreaking Notre Dame fire was watched from around the world. Thoughts and prayers poured in to Paris expressing sympathy for the loss of so much of the historical and religious structure. At the same time, many were asking who would have to foot the bill to have it rebuilt. The cathedral was 856 years old at the time of the Notre Dame fire. It was irreplaceable unto itself but also…

Read More

ASC President, Glenn Backus to Present a Session at RIMS 2019 Annual Conference & Exhibition

Media24

Nashville, TN, April 18, 2019 –(PR.com)– Glenn Backus, President of Third Party Administrator Alternative Service Concepts (ASC) has been selected to present at RIMS 2019 Annual Conference & Exhibition, the premier risk management, and insurance conference. Mr. Backus will lead a discussion entitled, “Claims Management Claims Performance Indicators” that will explore how to measure the effectiveness of your claims program. This “Thought Leader Theater” educational session is scheduled for Tuesday, April 30th at 3:50. Mr. Backus has over twenty years experience in the insurance industry, primarily from a technology and…

Read More

Uber liabilities means the rideshare company “depends heavily” on insurance coverage

Nordstrom
Uber liabilities - Uber app

The firm is on its way to its initial public offering and would not have reached this place without policies. Uber liabilities are widespread due to the very nature and size of the company. As it comes closer to its initial public offering (I.P.O.), many are recognizing that insurance coverage was integral to its success. The rideshare company is seeking to raise $10 billion along the way to its initial public offering. Uber Technologies Inc. openly acknowledges that it wouldn’t have been possible for it to reach this point without…

Read More

5 Signs You Are Dealing with an Unprofessional Medical Malpractice Insurance Company

Guest Author
medical malpractice insurance

Medical malpractice insurance is an insurance product specifically designed for medical professionals including doctors, nurses, and other healthcare professionals. At its core, medical malpractice insurance is similar to the professional liability insurance policies that businesses get to protect themselves from consumer lawsuits. Much like liability insurance, medical malpractice insurance helps doctors and other healthcare professionals to cover the cost of lawsuits filed by patients. Importance of Picking a Trusted Insurance Partner Medical malpractice insurance companies have the supremely complicated job of understanding the intricacies of medical care, insurance, and legal…

Read More

Direct Auto Insurance Expands in Alabama: Hosting Four-Day Hiring Event, April 30-May 3 to Meet Growing Business Demands

Media24

Nashville, TN, April 16, 2019 –(PR.com)– Direct Auto Insurance, a leading provider of car insurance and other products, is set to open 23 new retail stores throughout Alabama by November 2019. Stores will be in Alexander City, Huntsville, Saraland, Troy, Auburn, Chelsea, Cullman, Daphne, Dothan, Enterprise, Florence, Foley, Gardendale, Hartselle, Irondale, Opp, Ozark, Pelham, Selma, Semmes, Sylacauga, Talladega, and Wetumpka. With Direct’s expansion and rapid growth in Alabama, the company is seeking talented, motivated individuals to fill at least 45 retail insurance sales agent positions at the stores and is…

Read More

Universal Guaranty Life Insurance Company Announces Support of Eric Oliver

Media24

Stanford, KY, April 16, 2019 –(PR.com)– Universal Guaranty Life Insurance Company, a wholly-owned subsidiary of UTG, Inc., announced today its enthusiastic support for the election of Eric Oliver as trustee of Texas Pacific Land Trust (TPL) at the special meeting of shareholders to be held on May 22, 2019. UG intends to vote all 39,000 of their shares for Eric Oliver using the White Proxy Card. Eric Oliver introduced UG to TPL 10 years ago. Eric had followed UG for some time and was an active investor. Eric has continually…

Read More

Long term care insurance rate reform takes a top spot for NAIC

H. Cutner
long term care insurance rates - costs

State insurance commissioners across the country are taking on the rapidly growing pricing problem. State insurance commissioners throughout the U.S. have taken on the growing issue of long term care insurance rate growth. The industry has seen skyrocketing prices as a result of a slew of challenges in this area of coverage. The problems in the LTC insurance industry have been growing over several decades. Long term care insurance rate reform has been necessary for a long time. Over the last decades, insurance companies have been finding that their models…

Read More