Japanese earthquake insurance has become a popular gift item

Japanese Earthquake Insurance - Earthquake damage

An insurance company in Japan has designed a mobile service letting people gift coverage to each other. Japanese earthquake insurance has become the latest type of digital gift people are giving people with their mobile devices. Messaging apps have been a great way for people to give each other virtual gifts for some time now. An insurance company in Japan has spotted the potential from that trend and has turned their coverage into a virtual gift. This new option is a collaboration between a Japanese insurance company and a messaging…

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Bill Cosby defamation lawsuit settled by insurance company, actor livid

Bill Cosby defamation lawsuit - Bill Cosby

The suit was settled on Friday in a federal court without the actor’s knowledge, allege lawyers. A Bill Cosby defamation lawsuit filed by seven women against the actor was settled in federal court on Friday. According to the actor’s lawyers, this case was settled without Cosby’s knowledge. The lawyers accused A.I.G. of having resolved the case on the entertainer’s behalf without his knowing of the decisions made. The settlement was made on Friday in U.S. District Court in Massachusetts by the women’s attorney. The court documents for the Bill Cosby…

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Peace of Mind: 6 Benefits of Construction Risk Insurance

Construction risk management

If you didn’t have a clue on risk management, it’s time you know about it. It’s a core leadership approach that safeguards your success from any potential threats and, ensures they’re dealt with before they derail your business. However, if you have problems managing your business or projects, you can always construct risk insurance to help you with management. Below are six benefits of building risk insurance. 1. It Enables You Spot Projects in Trouble Risk management enables you to see beyond the expectations. You can identify where more attention…

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Renewable energy industry insurance claims are growing

Renewable Energy Industry Insurance Claims - Lightbulb on Grass

Both the severity and the frequency of these claims are rising in the American renewable energy market. Renewable energy industry insurance claims are on the rise, both in terms of severity and frequency, said an insurer specializing in this market, GCube Insurance. The figures have seen a considerable increase over the last half decade, which means that asset owners and insurers alike will need to alter their risk benchmark. The insurance company linked the change in claims frequency and with very specific causes. According to GCube Insurance, the renewable energy…

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Trump steps back from Obamacare overhaul until after the 2020 election

Donald Trump Obamacare overhaul

The president backed away from his previous insistence for a vote on an Affordable Care Act replacement. Last week, President Donald Trump withdrew from his prior push for an Obamacare overhaul vote. He had been seeking a vote toward a replacement for the Affordable Care Act. Trump changed directions, deciding to hold off his efforts against the ACA until after the 2020 elections. Trump’s move away from the Obamacare overhaul vote was a recognition of the current political situation. It has become clear that health care replacement legislation would not…

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Why Do You Need Health Insurance Even When Under 30?

Need health insurance

When young and healthy, most people think that health insurance is not necessary. Many even say that it is just too expensive to warrant offered benefits. This is definitely not the case. Getting health insurance is one of the best things you can do, no matter what your age is. There are various things that can be said about health insurance so let us focus on those facts that are highly important. Health Insurance Is Affordable Many say that health insurance is not affordable. This is not actually the case.…

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Long term care insurance takes another hit from exiting insurers

Long Term Care Insurance Industry - Insurance companies exiting - Goodbye

Another major player in this sector of the insurance industry has announced its market withdrawal. Amid a slew of existing struggles in the long term care insurance industry, Genworth has now announced that it has stopped selling individual stand-alone policies. Genworth had once been the largest seller of L.T.C. coverage in the United States. Genworth’s cessation of long term care insurance sales is immediate as a part of a broader move. This is becoming an increasing trend in the long term care insurance industry. Genworth is no longer selling individual…

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