Car insurance savings from pandemic likely to disappear and rates may rise

Car insurance savings - parked car

Many insurers are likely to begin requesting rate increases, particularly in states such as Florida. Millions of drivers across the United States have been benefiting from car insurance savings in different forms since the start of the pandemic crisis. Some insurers issued refunds, while others provided rebates and yet others lowered their rates. That said, it appears that rates may be returning to normal and some may even be increasing. A recent ABC Action News report pointed to at least one major insurer that would be seeking to raise auto…

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Tips on How to Respond to Identity Theft

top things to do in the event of identity theft

Of all the things another person could steal from you, one of the most damaging is your good name. Having done so, the damage they could wreak upon your life is almost incalculable. It can literally take years to contain the chaos this can create. The “good news”, for better or for worse, it’s happened so many times to so many people there is now an established set of procedures for how to respond to identity theft. Here’s some information if it’s happened to you. Examine Your Credit Report Pull…

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6 Ways to Save Money This Year

ways to save money this year

Money management is a vital part of everyday living. Regardless of how high your monthly earnings are, the smallest changes can make a big difference in your end-of-month reserves. Whether you cut down on expenses or adopt a minimalist lifestyle, knowing how to save money can also improve your overall well-being. If you’re all set to start counting pennies, this article offers six simple, yet practical money-saving tips you can start implementing right away. 1. Leverage online deals We all appreciate exceptional offers, especially when it comes to shopping and…

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5 Signs You’ve been the Victim of Medical Malpractice

Medicine is a huge industry. Your body has so many intricate systems, no wonder it takes years of study in certain specializations for doctors to finally practice medicine. But even after those years of study, sometimes doctors can still get it wrong. This can often result in cases of medical malpractice. Medical malpractice occurs when doctors or medical professionals fail to provide appropriate care that follows the standards set in place for specific procedures. In some cases, patients may suffer injury or death as a result of a medical malpractice…

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Broadway giant Jujamcyn Theatres sues insurers over pandemic payouts

Jujamcyn Theaters - Image of the interior or a theater

The company operates big-name theaters and is suing two insurers for the size of the payments. Jujamcyn Theaters, operator of the homes of top shows such as “The Book of Mormon”, “Moulin Rouge: The Musical,” “Hadestown”, and “Mean Girls,” is suing its insurance companies. The insurers named in the lawsuit include the Pacific Indemnity Company and the Federal Insurance Company. According to the Jujamcyn Theaters filing, the insurance companies paid only $250,000 for covering what it alleges should be “tens of millions of dollars” in losses associated with the pandemic…

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Allstate Corporation July losses offset by substantial income generation

Allstate Corporation - Money - Puzzle

Though there were a number of catastrophic events, PG&E subrogation recoveries made up for it. Allstate Corporation has reported that even though it faced a spectrum of catastrophic events during July 2020, the losses it experienced were more than offset by its incomes. The insurer faced losses of $145 million in July due to catastrophic events of various forms. The losses faced by Allstate Corporation were more than offset to the PG&E subrogation recoveries income generation that occurred during that same month. In July, the catastrophic event losses were quite…

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