Citizens Insurance is still battling thousands of Hurricane Irma lawsuits

Citizens Insurance - Hurricane Irma - Home Destruction

The Florida insurer of last resort is still grappling with legal challenges from two years ago. Florida Governor Ron DeSantis and state lawmakers recently approved a Citizens Insurance overhaul plan. The overhaul redesigned the controversial “assignment of benefits” practice. It also added new restrictions regarding lawsuits that can be filed against insurance companies. The state-backed insurance company will still need to deal with its thousands of existing lawsuits. Citizens Insurance is still attempting to work its way through thousands of existing lawsuits. These were filed well before the overhaul was…

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Dog walker insurance protects those caring for pet fitness

Dog walker insurance - Man walking dog

Small businesses designed to make sure Fido and Fluffy get walked every day need coverage, too. Professional dog walker insurance, also called a pet care insurance (PCI) policy, is a growing industry and for good reason. Americans love their pets and there are millions of these furry family members across the country. However, they don’t always have the time or mobility to walk them as often as recommended. Dog walkers have become a necessary part of pet ownership for millions of Americans. That said, as is the case with many…

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Michigan auto insurance law does not guarantee drivers savings, says official

Michigan Auto Insurance Law - Driver - Steering Wheel

Motorists have been hopeful that the much-needed changes would make a difference, but it’s not assured. Drivers have been waiting for a new Michigan auto insurance law to help control high and rising premiums in the state. However, according to one official, motorists should not consider the savings to be guaranteed. The personal injury protection (PIP) system has made Michigan rates the highest in the country. The new Michigan auto insurance law does not provide any new assurances that the extra costs from additional required liability coverage would be offset…

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Tesla insurance still slated to move forward after delay, says Musk

Tesla Insurance - Tesla Charing Station

Elon Musk spoke at the company’s annual shareholder meeting, addressing his previous coverage claims. CEO Elon Musk spoke at his company’s annual shareholder meeting, addressing the topic of the Tesla insurance he’d previously promised to drivers of the automaker’s electric vehicles. Musk insists that the electric vehicle insurance product is still in the works, only delayed. Musk explained that the Tesla insurance product would become available after an unspecified acquisition is completed. He also pointed out that additional software was in development. The Tesla electric vehicle insurance would become available…

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Health insurance for illegal immigrants to be a US first in California

Health insurance for illegal immigrants - Approval in California

The state is setting itself up to become the first in the country to cover undocumented residents. A new budget deal now has the nod from California lawmakers, setting the scene to make the state the first in the country to offer health insurance for illegal immigrants. This bill would make it possible for adults living illegally in the U.S. to purchase health plans. The health insurance for illegal immigrants benefits were a component of a broad-reaching plan for how the state will spend $213 billion of federal and state…

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U.S. Olympic Committee pursues reforms to pregnant athlete insurance

Pregnant athlete insurance - pregnant woman fitness

The U.S.O.C. wants to change coverage rules to stop the loss of coverage due to pregnancy. The U.S. Olympic Committee has announced that it is pursuing reforms to pregnant athlete insurance regulations. At the moment, Olympic athletes typically lose their health insurance coverage as a result of pregnancy. The U.S.O.C. is moving to change that regulation to allow athletes to keep their health insurance. Last week, three senators wrote to Sarah Hirshland, CEO of the U.S.O.C. They requested that she provide details regarding her organization’s insurance program. They also stated…

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ComicCon robbery underscores importance of convention insurance

Convention Insurance - Artist at ComicCon

Thieves stole as much as $10,000 in cash and products from a Montreal event throughout a weekend. The 10th anniversary of the Montreal ComicCon was seen as a great success while simultaneously reminding vendors of the importance of convention insurance. The weekend-long event saw six vendors robbed of a total of approximately $10,000 in cash and products. Thieves targeted specific tables at the event and stole envelopes full of cash as well as valuable items. One of the victims, Peter Chiykowski, a comic artist, estimated that the group of six…

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