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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California lawmakers are attempting to improve natural disaster preparedness and response

california natural disaster preparedness insurance hollywood los angeles

The state has been plagued by different types of catastrophe over the last few months. The catastrophes in California over the last few months have been fatal to dozens of people, spurring natural disaster preparedness efforts among state lawmakers. Emergencies have been widespread and frequent, revealing a need to improve readiness and response strategies. Governor Jerry Brown and state lawmakers are seeking to change state regulations to improve disaster response. The various factors to be included in the state national disaster preparedness changes will include the emergency alert systems, insurance…

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Connecticut liability insurance makes coverage more expensive for drivers

Connecticut liability insurance

Auto policy premiums rose by an average of 4.1 percent for drivers in the state last year. Connecticut liability insurance is making coverage more expensive for drivers throughout the state, according to data from the Insurance Department. In fact, it is also sending homeowners insurance rates higher, though not by as much. Last year, homeowners insurance rates increased by an average of 2.4 percent in Connecticut. Drivers saw a 4.1 percent rise in their premiums because of the Connecticut liability insurance regulations. The Connecticut Insurance Department is responsible for an…

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California mudslide expected to generate tens of millions in insured losses

California mudslide landslide insurance

A new Aon Benfield report indicated that insurance companies are bracing for sizeable claims from the devastation. Aon Benfield’s Impact Forecasting unit released a report predicting that the California mudslide brought on by heavy rains following massive wildfires in the region will generate widespread losses. Overall, the report predicts an economic loss above $100 million. That said, the insured losses will be within the tens of millions. The areas hardest hit by the mudslides are the cities of Carpinteria and Montecito. Parts of areas surrounding those cities had already been…

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North Carolina homeowners insurance rate hike paused for now

Releigh, Capital of North Carolina homeowners insurance rates

The NC insurance commissioner declined the price increase for the moment, but the halt is temporary. A recent request for a North Carolina homeowners insurance rate hike has been declined. This saves state residents from having to pay an average of 18.7 percent more for their home coverage. That said, the reprieve from the increased prices is only a temporary one as the rates will eventually rise. In the state, its commissioner must approve any North Carolina homeowners insurance rate changes. Though the industry requested the rate hike, it was…

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Allstate Mayhem campaign launches 2018 with a fresh new start

Allstate Mayhem Sugar Bowl

The nationwide insurance company launched a multichannel campaign for its Allstate Sugar Bowl. The 2018 Allstate Sugar Bowl started the new year with both tradition and a new Allstate Mayhem campaign to get things going in a fresh new way. The insurance company brought a whole different form of omnichannel marketing to the table as viewers pondered their own resolutions. Allstate Insurance worked with the Leo Burnett Chicago creative agency for the campaign. The Allstate Mayhem character is turning over a new leaf within this marketing campaign. It is a…

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Do you have Christmas present insurance in case the Grinch hits up your tree?

Grinch christmas present insurance

Insurance companies remind consumers that this is one of the biggest times of the year for home break-ins. Leading insurers across the United States, Canada, the United Kingdom, Australia and other countries around the world are issuing reminders to look into Christmas present insurance. Burglaries spike in November and December in countries where Christmas is celebrated by the majority. In fact, some estimates suggest that there is a 43 percent spike in break-ins during November and December as thieves try to get their hands on expensive gifts. This helps to…

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Texas Children’s Health Insurance Program to receive $135 Million

CHIP Texas children's health insurance program

The federal Centers for Medicare and Medicaid Services is sending funds to the state to keep the program alive. The Texas Children’s Health Insurance Program was rapidly running out of funds as federal Congress has yet to renew CHIP’s funding. That said, the Texas Health and Services Commission wrote to Governor Greg Abbott to inform him that the federal Centers for Medicare and Medicaid Services will be providing the state with $135 million to sustain the program until the end of February. In Texas, CHIP provides over 450,000 uninsured kids…

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Northern California wildfires break $9 billion in insurance claims

fire fighter northern california wildfires

The fires that torched their way through the state’s wine country in October have broken fire records. The Northern California wildfires from October have already generated an incredible $9 billion in insurance claims. This has easily left the previous wildfire insurance claim records well behind. The October blaze is now the most expensive single fire in the history of the United States. California Insurance Commissioner Dave Jones does not think that total will rise much further for those Northern California wildfires. The $9 billion figure represents the total insurance claims…

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Wells Fargo insurance license may be suspended or revoked in California

Wells Fargo insurance scandal

The state Department of Insurance is seeking the action following alleged improper sales practices. The California Department of Insurance has revealed that it is planning to either suspend or revoke the Wells Fargo insurance license in the state. It is pursuing this intention as a result of the company’s online insurance referral program and its allegedly improper sales practices. The department conducted an investigation that revealed around 1,500 improper insurance sales. In those cases, the online Wells Fargo insurance company was allegedly found to have sold about 1,500 policies and…

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