Insurance industry hiring evens out, though some positions remain unfilled

insurance industry hiring company jobs

A new study showed that insurer job availability will continue to be substantial and steady for the next year. Insurance industry hiring is stabilizing as over half of all insurers intend to boost the size of their staff over the next year. The Jacobson Group and Ward Group released their Semi-Annual U.S. Insurance Labor Outlook Study results. Fifty eight percent of insurance companies will be hiring more people in 2018, said the study. The insurance industry hiring trend is greatly supported by a predicted boost in business as well as…

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Insurance denial case involving gay men in New York to be investigated by state

HIV insurance denial discrimination

State financial regulators will be looking into reports of discrimination against homosexual men. New York financial regulators are looking into recent reports of insurance denial involving gay men. The story originated in the New York Times and stated that gay men were being denied long-term care, disability and life insurance because of a preventative medication they were taking. The men were taking a medication to help boost their protection against H.I.V. when they applied for coverage. If the insurance denial allegations are true, it may mean that the insurers’ practices…

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High-tech car features push increasing auto insurance premiums

Increasing auto insurance premiums technology

The more fancy gadgets become commonplace in cars, the more expensive it becomes to repair them. Technology designed to make cars safer and more convenient may reduce accident frequency but may also be increasing auto insurance premiums. The gadgets make it easier to navigate the roads but when damaged, they are more costly to replace. Tech enhancements include everything from touch screen control panels, backup cameras, blind spot monitoring and additional help to keep us aware of what’s going on around us. However, those gadgets aren’t cheap. When they do…

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USAA insurance company offered military members financial help during shutdown

servicemembers military USAA Insurance company

The insurer was providing interest-free loans to military members whose paychecks were impacted by the government shutdown. Military members whose paycheck depends on the government staying open had a bit of help from the USAA insurance company. The insurer offered military members interest-free loans to help them to fill the gap until they start getting paid again. USAA members in the armed services were essentially offered interest-free payday loans. The money wasn’t being handed out for free, but the USAA insurance company did provide armed services who wouldn’t be paid…

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Allstate Mayhem campaign launches 2018 with a fresh new start

Allstate Mayhem Sugar Bowl

The nationwide insurance company launched a multichannel campaign for its Allstate Sugar Bowl. The 2018 Allstate Sugar Bowl started the new year with both tradition and a new Allstate Mayhem campaign to get things going in a fresh new way. The insurance company brought a whole different form of omnichannel marketing to the table as viewers pondered their own resolutions. Allstate Insurance worked with the Leo Burnett Chicago creative agency for the campaign. The Allstate Mayhem character is turning over a new leaf within this marketing campaign. It is a…

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Do you have Christmas present insurance in case the Grinch hits up your tree?

Grinch christmas present insurance

Insurance companies remind consumers that this is one of the biggest times of the year for home break-ins. Leading insurers across the United States, Canada, the United Kingdom, Australia and other countries around the world are issuing reminders to look into Christmas present insurance. Burglaries spike in November and December in countries where Christmas is celebrated by the majority. In fact, some estimates suggest that there is a 43 percent spike in break-ins during November and December as thieves try to get their hands on expensive gifts. This helps to…

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Northern California wildfires break $9 billion in insurance claims

fire fighter northern california wildfires

The fires that torched their way through the state’s wine country in October have broken fire records. The Northern California wildfires from October have already generated an incredible $9 billion in insurance claims. This has easily left the previous wildfire insurance claim records well behind. The October blaze is now the most expensive single fire in the history of the United States. California Insurance Commissioner Dave Jones does not think that total will rise much further for those Northern California wildfires. The $9 billion figure represents the total insurance claims…

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CVS Health to acquire Aetna in a $69 billion bid

CVS health insurance

The retail pharmacy and health care company could create a significant shift in the insurance industry. CVS Health has made a serious bid to buy insurance giant Aetna for a price tag of about $69 billion. Should this acquisition close, it could push the retail chain further into the health care industry while offering a key client significant protection. The announcement of the health insurance company’s acquisition was made at the start of this week. This acquisition will have CVS Health Corp. paying approximately $207 in cash and stock for…

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Insurance agents love Mogix products for themselves, their staff and their clients

Black friday mogix insurance agent gift

These backup battery packs and emergency auto multi-tools are too practical not to love. Mogix has announced a huge coupon code for its insurance agents customers to use on Black Friday (starting Today at 4:00PM (PST) and running through Monday at 11:59pm). It offers 36 percent off the brand’s top products such as its external battery chargers, its mobile accessories case and its digital tire pressure gauge and auto safety tool. Amazon customers shopping on Black Friday weekend simply need to use coupon code MGXHODAY to save 36 percent. Though…

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ACA health insurance enrollments growth already outpacing last year

ACA health insurance registrations exchange

There are already 600,000 people who have signed up for their plans through the official marketplaces. According to a recent reports on the latest ACA health insurance enrollments, registrations are up and look very promising. In fact, more than half a million people have already enrolled, 23 percent of whom are new to the insurance exchanges. Despite President Trump’s claims that the Affordable Care Act marketplace was collapsing, it’s growing. “More than 600,000 people signed up last week for health insurance under the Affordable Care Act, significantly beating the pace…

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