Insurance companies aren’t ready for climate change

climate change weather storm insurance industry

A new report has shown that insurers in the United States aren’t prepared for risks associated with global warming. According to a report that was recently produced from a survey conducted by Ceres, an environmental investigator advocacy group, the majority of American insurance companies are in no way prepared to address the types of risks that could arrive as a result of climate change. This study determined that this could bring about widespread negative consequences in dealing with this important issue. Ceres surveyed 330 different insurance companies that represent about…

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Small farmers may find large benefit from new crop insurance program

Crop Insurance

Ranchers and growers in North Dakota who were previously unable to find coverage will soon have new options. In North Dakota, small farmers and ranchers have either struggled to find crop insurance coverage or who have been completely unable to purchase a policy will now be able to take advantage of a new program option for 2015. Previously, growers that were not large enough of any given crop may not have qualified for farm insurance. Until now, smaller producers, such as specialty vegetable growers and organic farms, such as those…

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Travel insurance may not help you if Ebola changes your vacation plans

CDC picture of ebola travel insurance news

Customers are asking their agents whether or not it is safe for them to fly and how they can protect themselves. Agents are now saying that their customers are asking them about the protection that their travel insurance can give them, as people are beginning to become concerned with regards to the safety of flying and what steps they can take in order to protect themselves against concerns that they could be exposed to Ebola. Though there has yet to be any reason for concern about Ebola in the U.S.…

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Insurance company releases support guide for all Americans with breast cancer

Allstate is working with Hollye Jacobs, who is a survivor as well as the author of “The Silver Lining”. The Allstate insurance company has announced that it will now be working with Hollye Jacobs, the bestselling author of “The Silver Lining” and a breast cancer survivor, in order to offer everyone in the United States who has been diagnosed with the disease a support guide. October is Breast Cancer Awareness Month and the insurer will be offering “The Silver Lining Companion Guide. Everyone in the country who has received a…

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Insurance news made as clinics and hospitals seek coverage against Ebola losses

Massachusetts General Hospital health insurance

A broker based in Boston has announced that it is rolling out this new protection across the country. The risk of having to quarantine an Ebola patient has had hospitals and clinics wondering how much money they could potentially lose in such a circumstance, and in recent insurance news, a broker from Boston has announced that a policy will be offered to protect them against just that. A special Ebola insurance is now being sold at William Gallagher Associates as developed by Phil Edmundson. According to Edmundson, people could decide…

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