Author: Nordstrom

Distracted drivers are a serious safety problem in the US

Nordstrom
Distracted drivers - US Flag

Thousands of people die due to collisions caused by motorists who weren’t paying attention. Distracted drivers are all over American roads, and according to the most recent data from the National Highway Traffic Safety Administration, thousands of people are dying because motorists are paying attention to phones, smartwatches, radios, food, makeup application and other factors aside from the road in front of them. The latest data shows that about 3,500 people died in the US in 2021 because of motorist distraction. Last October, Mercury Insurance held a survey to investigate…

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Allstate puts a halt to Colorado Spanish-language insurance sales due to new law

Nordstrom
Insurance sales - Colorado Law

State lawmakers passed a translation requirement leading the insurer to conduct business in English. Allstate will be stopping all insurance sales conducted in Spanish and will do business exclusively in English in Colorado when a new law goes into effect in 2025. House Bill 23-1004 requires insurers to provide consumers with policy documents in the same language as advertising. The law will mean that policy documents provided to consumers will need to be written in the language in which the company advertises. Therefore, if a company advertises in Spanish, the…

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Long-term care insurance is helping people remain in their homes longer

Nordstrom
Long-term care insurance Coverage - Caretaker visiting Person at Home

This coverage is being included in retirement plans for people who want to avoid care facilities. It isn’t uncommon for people to want to remain in their homes for as long as possible as they age, and long-term care insurance as a part of a retirement strategy is starting to grow in popularity once more. The growth is slow, as the coverage is not cheap, but as people plan for the future, they see its value. Assisted living communities and nursing homes are also not cheap, so as many people…

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UnitedHealth is still the biggest insurance company in the world

Nordstrom
Biggest Insurance company in the world - UnitedHealth Group Logo

For the ninth year in a row, the insurer has held onto the top spot based on net premiums written. UnitedHealth Group Incorporated has once again taken the title of largest insurance company in the world, ranking at the top of AM Best’s list of the 25 biggest insurers. The insurer has been the biggest in the world for nine consecutive years on AM Best’s list. The size of the insurance company was measured based on net premiums written. UnitedHealth’s net premiums written (NPW) grew by 14 percent in 2022,…

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Why are many people looking to long term care insurance again in 2024

Nordstrom
Long term care insurance 2024

Consumers have been drifting away from this costly coverage in recent years but are looking into it again. Long term care insurance is a type of coverage that many people have been abandoning in recent years due to the skyrocketing cost associated with keeping it up. That said, this year, consumers are starting to inquire about it once more, which many people hadn’t expected in the current economy. There are many reasons that consumers are wondering if this type of policy has value after all. Within the current economy, many…

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