Insurance industry taking a close look at limiting climate change exposure

Insurance industry - Fossil Fuels - Coal Plant

As a part of its efforts, it is taking certain moves away from fossil fuels, particularly in coal. The insurance industry is taking the threats from climate change increasingly seriously and as a part of its efforts to limit exposure, it is moving away from fossil fuels that pose the highest risk. Twenty-three companies have adopted coverage limiting or cessation policies for the coal sector. “This was not an issue that was central in the insurance sector, even 7 years ago,” explained Insurance Bureau of Canada national director of climate…

Read More

Trupanion reminds owners to avoid pet insurance claims with hot weather tips

Pet insurance claim - dog in summer wearing shades

The insurer has issued a list of tips to keep pets safe and cool throughout the hottest time of the year. With the heat of summer fully underway, Trupanion is hoping that animal owners will use these common-sense pet insurance claim avoidance tips to keep their furry family members safe. The insurer sees a summer spike in heatstroke claims 4.5 times higher than the yearly average. During the months of June, July and August, pet insurance claims explode as animal owners take their beloved animals to the vet for heatstroke…

Read More

GEICO publishes tips for driving in heavy rain for Florida auto insurance customers

Driving in heavy rain - car driving in rain

Hurricane Elsa mainly spared the state, but heavy rain and high water still make roads dangerous. GEICO has published a list of tips for drivers in Florida and other states affected by hurricanes, to help them with driving in heavy rain while remaining safe. High water and flash flooding can rapidly become a high risk for people even when in their vehicles. Driving in heavy rain can be a daunting experience. When done improperly, it can also be a dangerous one. Ready.gov points out that it takes as little as…

Read More

Allstate survey shows motorists shut off nuisance driver assistance technology

Driver assistance technology - Car with GPS tech

As vacation season begins in Canada, the insurer is encouraging motorists to use the tech properly. Vacation season is heading into full swing in Canada, where a recent Allstate survey has found that motorists are annoyed by driver assistance technology and have been shutting it off. The insurance company is hoping to emphasize the importance and benefit of using the tech as recommended. To an increasing degree, vehicles are being equipped with driver assistance technology as a standard feature. These include vehicle proximity alerts, rear-view cameras and others. Some of…

Read More

Safety tips you need to know for Distracted Driving Awareness Month

Distracted Driving Awareness Month - Man texting while driving

April is a great time to refresh the efforts you make to keep yourself and your passengers safe. April is Distracted Driving Awareness Month, making this a great time to teach yourself to overcome the bad habits you developed while the roads were less busy. The pandemic substantially reduced traffic on our roads, and during that time, unsafe habits were built. The National Safety Council (NSC) Distracted Driving Survey last year revealed that 2 percent of drivers admittedly drove while distracted because the roads were less congested last year. Data…

Read More

Top 10 Mothers Day gift ideas for working moms

mothers day gift ideas for the working mom

All these great presents can conveniently be ordered online on sites like Amazon. When you’re shopping for Mothers Day gift ideas for working moms, the best presents are the ones that help to save time and money, that are indulgent, or that get the job done without any effort. Shopping early helps you to know you’ll have time to find the best gift ideas for working moms. The good news is that you’ve found this list of the top 10 gift ideas for working moms.  This will let you find…

Read More

Trapped Suez Canal ship Ever Given insurance providers face millions in claims

Ever Given Insurance - Image of Cargo Ship

The owner of one of the largest container ships in the world is making massive insurance industry news. The Ever Given insurance claims following the container ship’s disastrous blockage of the Suez Canal are expected to total millions of dollars. In fact, insurance industry news sources were already predicting that total even if the massive ship had been rapidly refloated. The 247,000-ton, 1310-foot ship ran aground last Tuesday morning after it lost its steering. A dust storm and high winds contributed to the container ship’s loss of control, according to…

Read More