US places of worship are buying active assailant insurance amid rise in shootings

Active Assailant Insurance - Play of religious worship

Religious centers across the country are purchasing added coverage against this terrifying trend. Places of worship such as churches, mosques, synagogues and other types of temple and religious center are buying active assailant insurance and other special forms of coverage. This move is meant to help the centers to protect themselves financially in case of an armed intruder opening fire on their premises. Many religious congregations have found themselves reassessing their current insurance policies. Following a rise in the number of shootings occurring in houses of worship, these religious centers…

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Yoga insurance rises in popularity as instructors seek to cover themselves

yoga insurance - Yoga Post - woman

Teachers are discovering that despite their best efforts to instruct safe practices, injuries can occur. Even the best instructors who underscore safe, accurate postures are looking into yoga insurance on a rapidly increasing basis. This industry niche is helping yoga teachers to make sure they’re covered when injuries happen. Despite instructors’ best efforts some students use asanas incorrectly or push themselves too far. Most reputable yoga instructors require their students to disclose medical conditions that could affect their safety in class. They will also pay close attention to their students…

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California watchdog group calls for tougher insurance industry rules

Insurance Industry Rules - Business Man

A consumer advocacy group is now petitioning state legislators to reconsider a privacy bill. A California consumer watchdog is petitioning legislators to tighten insurance industry rules. The advocacy group is asking lawmakers to rethink the pending California Consumer Privacy Act. According to the watchdog, the act has the potential to allow insurance companies to sidestep privacy laws. The California Consumer Privacy Act is slated to become effective in January 2020. It was written to provide regulations preventing the sale of consumer personal information from being sold to other companies. It…

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Insurance Institute for Highway Safety wants better rear seat upgrades from automakers

Insurance Institute for Highway Safety - Seatbelt

The non-profit is calling for vehicle makers to improve the restraint systems in the back seats of cars. A new report from the Insurance Institute for Highway Safety showed that the non-profit feels backseat safety restraints are underperforming. The organization is calling for automakers to step up and improve the restraint systems in the back seats of their vehicles. The institute conducted a study that found that rear seat safety is not keeping up with that of front seats. The Insurance Institute for Highway Safety conducted a study, the results…

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American homeowners insurance rates have skyrocketed in the last 10 years

American homeowners insurance rates - House

A recent study showed that property owners are paying far more now than a decade ago. Natural disasters occurring over the last ten years are being blamed for a surge in American homeowners insurance rates. Tornado alley has experienced the fastest increase in home insurance premiums in the US. A LendingTree subsidiary, QuoteWizard, looked at data over the last 10 years to explain the steady, sharp increase in American homeowners insurance rates. What they determined was that there has been a series of natural disasters that have kept premiums moving…

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Fossil fuel underwriting disclosure petition rejected by commissioner on Earth Day

Fossil fuel underwriting - Chimney

California Insurance Commissioner Ricardo Lara has turned down the recent move by activists. Activists may have thought that they had Earth Day on their side when California Insurance Commissioner Ricardo Lara considered the fossil fuel underwriting disclosure petition. However, Lara rejected the petition urging him to implement the new regulations over insurance companies. Commissioner Lara underscored climate change as a top priority as a part of his election platform. The petition would have required insurance companies into fossil fuel underwriting disclosure. That is, they would need to disclose the fossil…

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Bill Cosby’s insurance company is “despicable”, says the fallen celebrity

Bill Cosby’s insurance company - Bill Cosby's Star on the Hollywood Walk of Fame

AIG has allegedly settled a second lawsuit without the imprisoned comedian’s knowledge. Bill Cosby’s insurance company has, for the second time in a month, allegedly settled a lawsuit without the celebrity’s knowledge. Cosby is raging against the insurer, A.I.G., for continuing this practice without his being aware or consenting. The comedian once known as “America’s Dad” released a statement against AIG’s actions on his behalf. “A.I.G.’s conduct is despicable and I can only imagine how terribly they’re treating their policyholders, who don’t have my means and my resources,” said Cosby…

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