Stolen Swedish crown jewels were insured but are irreplaceable

Swedish Crown Jewels - Crown

Despite the coverage from a policy for the royal regalia, the items are essentially priceless in nature. Thieves stole the Swedish crown jewels on Tuesday, July 31, 2018. They made their escape in a speedboat and have yet to be apprehended. Though there was insurance coverage for the royal regalia, the monetary value will never replace the historical artifacts themselves. The thieves made off with two crowns and an orb dating back to the 17th century. Two crowns and an orb were taken from the 17th century collection of the…

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Gun owners insurance policies thin out following Florida shootings

gun owners insurance

MetLife and Chubb have severed their ties with the National Rifle Association. The Florida shootings may make it more challenging to purchase gun owners insurance. Both Metlife and Chubb have made decisions to sever their relationships with the National Rifle Association. Chubb announced it would no longer underwrite National Rifle Association branded insurance policies. The company stated that its gun owners insurance underwriting would cease under the NRA’s brand. That coverage is designed to assist gun owners in paying their legal costs should their firearms be used in self defense.…

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Berkshire Hathaway insurance expands commercial offerings into the Middle East

Warren Buffett Berkshire Hathaway insurance business

Warren Buffet’s company has announced its intentions to establish a new office in Dubai. Berkshire Hathaway insurance business is headed for expansion into the lucrative Middle East market. It will be opening a new office in Dubai in order to manage the operations of its commercial products there. Berkshire Hathaway Specialty Insurance (BHSI) released an official statement regarding the decision. The new Berkshire Hathaway insurance office is located in the Dubai International Finance Center (DIFC) and will finally be able to open. The office had been awaiting approval from regulators…

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Homeowners insurance review and preparation keeps claims down at Super Bowl parties

super bowl homeowners insurance review

These gatherings can be a lot of fun, but some extra care can keep guests and property safe. Super Bowl Sunday is coming up and football fans planning to host a party have a homeowners insurance review and some preparations to make. These small efforts can help to make sure there will be a lower risk of injury, damage or the need for an insurance claim. Millions of Americans plan to take part in a Super Bowl party, either hosting or attending. Any time there is a gathering of people,…

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Usher’s accuser sues insurance broker for sharing private herpes medical information

lawsuit Usher’s insurance broker company

Laura Helm has filed a lawsuit against the team that shared her sensitive data in the Usher case. The case involving women accusing Usher of willingly spreading his herpes has returned to the headlines with a lawsuit against an insurance broker. This time, one of the accusers, Laura Helm, has sued three health insurance companies that allegedly shared her private medical records without her permission. Helm’s lawsuit is against Blue Cross & Blue Shield of Louisiana, United Healthcare, and Golden Rule Insurance Company. She claims to have filed her “private…

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Paramedic insurance coverage is broadening its importance in the United States

Business paramedic insurance

Experts predict that this type of policy will becoming increasingly necessary, particularly for disaster scenarios. Paramedic insurance coverage is a growing industry and experts predict that this growth will only continue to head upward. This includes in cases of U.S. disasters. In fact, the extreme weather events have been among the driving forces in insurance policies for paramedics. The many different extreme weather events and natural disasters in the United States this year have led to a rising interest in paramedic insurance. That type of coverage has already seen growth…

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Interest in California earthquake insurance rises following Mexican tremors

Los Angeles California Earthquake Insurance

The devastation in Mexico City, among other parts of the country, was eye opening to many Californians. California earthquake insurance still isn’t all that popular, but the Mexican quakes have generated a marked increase in interest. Only the minority of people in the state carry earthquake insurance policies due to the high premiums. The last major tremor that affected Los Angeles was 23 years ago. At that time, a 6.7 magnitude quake struck Northridge, killing 57 people, injuring hundreds and causing an estimated $44 billion in property damage. Since that…

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