Author Archives: H. Cutner
College dorm insurance season has arrived
Parents and students alike are considering whether they need this additional coverage. College students are preparing to move out of their parents’ homes and dorm insurance is among the considerations many must…
Health insurance telemarketer may be forced to pay $82 million if FCC gets its way
The Federal Communications Commission proposed the fine as a penalty for illegal nationwide robocalls. The Federal Communications Commission (FCC) proposed an $82 million fine for illegal health insurance telemarketer actions involving robocalls…
Wells Fargo auto insurance forced on borrowers who didn’t need it
The bank charged customers for unnecessary coverage, leading to 25,000 wrongful vehicle repossessions. A new report determined Wells Fargo auto insurance was forcibly sold to customers who did not require this coverage.…
Federal flood insurance program swamped by repeat claims
NFIP struggles with debate over paying one claim after the next or supporting structure elevations. The federal flood insurance is finding itself drowning in repeat claims made by the same properties that…
GOP health care repeal fails again, frustrating Republicans
Party members have been expressing their disappointment, embarrassment and irritation with their leaders. Following the latest health care repeal failure, Republicans are expressing their frustration, embarrassment and even fear to their party…
Insurance company drones are a common part of the claims experience
These small pieces of equipment make it faster and safer for adjusters to create their estimates. To an increasing degree, adjusters are using insurance company drones to help them to assess the…
Montana earthquake insurance policyholders are few and far between
Residents of the state are cleaning up after having experienced a quake last week. Montana earthquake insurance has been a subject of discussion for the first time in a very long time…
Cyber insurance market grows by over a third last year
A recently released Fitch Ratings report suggests that this digital coverage grew by 35 percent. A new Fitch Ratings report suggested that the cyber insurance market’s premium exposure, estimated to be $…
Allstate employs cloud insurance technology to grow new businesses
The insurer may be in its 80s, but it is keeping up with the latest tech and changes in the industry. Allstate first opened in 1931, but the cloud insurance technology it’s…
Insurance executive positions lack diversity, but the industry wants change
Sedgwick’s chief people officer pointed out that company leaders are “all white men over 40.” Terri Browne, chief people officer at Sedgwick, a worldwide leading tech-enabled risk and benefits solutions provider said…
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