App developer business insurance steps beyond general coverage

App Developer Business Insurance - Computer IT

IT application developers are at risk of several forms of liability and should be properly covered. Whether you are a one person operation or you have grown to employ several teams, app developer business insurance has various vital layers of coverage for your company. Your operations expose you to a number of liabilities that could be financially catastrophic. By purchasing the right app developer business insurance, you make certain that if the unexpected happens, it won’t place your company at risk of ending. As you grow, it is important to…

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Clothing alteration business insurance for repairs and tailoring companies

Clothing Alteration Business Insurance - Business Suit

These businesses have a very unique position in today’s society, often improving expensive garments. Clothing alteration business insurance is an important and yet often overlooked component of operating this type of company. Today’s consumer depends on tailors and alterations experts to ensure their garments fit perfectly. Your customers have unique and specific tastes and expect your services to produce results that meet or exceed their expectations. They want you to repair damage to articles of clothing they love and want to wear again or that have sentimental value. They also…

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Affordable Care Act health insurance mandate struck down in federal appeals court

Health Insurance Mandate - Court building - law

Judges have sent back the case to decide if other components of Obamacare can remain without it. Last week, a federal appeals court struck down the health insurance mandate component of the Affordable Care Act. This ruling involved the portion of Obamacare that made it a requirement for Americans to purchase coverage, calling it unconstitutional. That said, the remainder of the ACA has not been invalidated, but has instead been sent back. The appeals panel did not rule on the remainder of the Affordable Care Act beyond the health insurance…

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$500,000 care insurance fraud ring suspects arrested in California

Car Insurance Fraud Ring - damaged car

Four suspects have been arrested in this case for reportedly scamming insurers out of half a million dollars. Investigators in California have arrested four suspects for their alleged involvement in a car insurance fraud ring. Their alleged activities cost scammed insurers $500,000 until they were found out by the California Department of Insurance, San Diego County District Attorney’s Office, and the California Highway Patrol. The four arrests were made earlier this month following a substantial investigation into the scam. According to reports, the car insurance fraud ring involved dealers buying…

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Green Vault discovers it is uninsured after $1 Billion museum theft

museum theft - jewels, vintage jewelry, silver, gold

The priceless, irreplaceable jewels stolen from the German museum were not covered by insurance. The day following a priceless jewelry and artifact museum theft in Germany, an unfortunate discovery was made. The items estimated to be worth over $1 billion are not covered by an insurance policy. This has added to the pressure on police to identify and locate the culprits in order to return the items. Last week’s museum theft made international headlines. The missing items include a pearl necklace, a diamond-encrusted dagger as well as dozens of other…

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Michigan auto insurance reform cuts injured driver fee by 55 percent

Michigan auto insurance reform - car accident

The MCCA intends to reduce its assessment for certain drivers with no-fault reform law implementation. New Michigan auto insurance reform will reduce injured driver fee as of July of next year with the implementation of new law. The Michigan Catastrophic Claims Association will be cutting down assessments for some motorists. The Michigan Catastrophic Claims Association (M.C.C.A.) intends to cut back its assessment for motorists who keep up unlimited medical coverage for injuries in car crashes. This reduction will take the assessment down from $220 to $100 per vehicle and it…

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Allstate insurance analytics prepare for anticipated transportation industry changes

Insurance analytics - Cars in Rush Hour

The insurer has gone all-in to work the data ahead of widespread expected automotive changes. Allstate has gone for it with the development of an insurance analytics company. The goal is to use it to be prepared for a massive overhaul of the transportation that it anticipates in the not-too-distant future. Roadways have become very dangerous as they are increasingly used and congested at all times. A recent Forbes report focused on an interview with Gary Hallgren, the president of Arity, a company Allstate created in 2016 in order to…

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