New Florida hurricane insurance option to be deductible- and inspection-free

Florida hurricane insurance - Hurricane in Florida

Coverage has always been important to homeowners as it is regularly threatened by the storms. A new Florida hurricane insurance option is being launched to make claims more straightforward for property owners. Millions of homeowners in the state are used to the time and expense still required after a claim. Standard Florida hurricane insurance requires a homeowner to have to pay a deductable when a claim is made for storm damage. In many cases, that deductible is high that the customer ends up paying the entire repair cost. For many…

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Auto insurance customer satisfaction reaches new record, says J.D. Power

Auto insurance customer satisfaction - Thumbs Up

Considerable improvements to policyholder support and services have made the difference. Auto insurance customer satisfaction has reached an all time high, says a new J.D. Power study. The J.D. Power 2018 Auto Insurance Study said there were a number of improvements that led to this positive result. Insurance companies are starting to find their balance with customer interaction, said the study. The study results showed the difference was made by improvements in billing and payments, digital interactions, and offerings. The auto insurance customer satisfaction is improving due to a better…

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Wilkes-Barre tornado victims get helpful tips and advice from Allstate

Wilkes-Barre tornado - Tornado Damage

The insurer reached out to residents of the township to offer them safety and coverage tips. Allstate issued some important advice to those affected by the Wilkes-Barre tornado last week. It reminded customers that their safety should come before anything else when returning home. Homeowners may be keen to assess possible damage, but Allstate reminds them to be cautious. The Wilkes-Barre tornado caused notable damage to the township. That said, the Allstate report reminds customers that when they return home, the damage may create unexpected dangers. Therefore, homeowners should first…

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Colorado health insurance will continue to protect those with pre-existing conditions

Colorado health insurance continues to protect those with pre-existing conditions - man in wheelchair

As Americans across the country return to struggling for coverage, Coloradans will be spared. Colorado health insurance will maintain its coverage of individuals with pre-existing conditions, despite the Trump administration’s recent moves. The president shocked the health care industry earlier this month when the Department of Justice announced it wouldn’t be defending certain central components in the Affordable Care Act. This announcement may mean that Americans with pre-existing conditions could once again lose coverage. That said, Colorado health insurance law will make certain that residents of the state will continue…

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Allstate Drivewise app works to reduce teen distracted driving

Allstate Drivewise - Distracted Driving - Man using phone in car

Adolescent drivers have a fatal crash rate per mile driven nearly three times greater than that of adults. In the hopes of reducing the risks associated with teen distracted driving, the Allstate Drivewise app is aimed at keeping focus on the road. The fatal crash risks among adolescent drivers are significantly higher than they are among adult motorists. Allstate Insurance is hoping to reduce the impact of “The 100 Deadliest Days” that happen each year. Among 16 to 19 year olds, the fatal crash rate per mile drive is almost…

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Ohio health insurance companies release recommendations to fight opioid abuse crisis

Opioid abuse crisis - Ohio health insurance - hands reaching for pills

Eight of the largest insurers in the state issued fifteen recommendations to combat the epidemic. Eight of Ohio’s largest health insurance companies have issued a list of 15 recommendations to fight the opioid abuse crisis. The misuse of these serious drugs has reached epidemic proportions within Ohio and many other states. The insurance companies have attempted to find areas where reasonable action is possible in combating the opioid abuse crisis. Among the recommendations are efforts to identify pregnant addicts to make certain they obtain the treatment they need. That said,…

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Japanese pet insurance market takes off due to high vet costs

Japanese Pet Insurance - Man with Cat in Japan

Veterinary bills are on the rise in Japan, sending dog and cat owners to buy policies to help cover expenses. Considerable advances in veterinary care have helped dogs and cats to live longer, boosting the Japanese pet insurance market well beyond where it was only a handful of years ago. Longer lives and improved veterinary care has sent the price of pet health care skyward. Since veterinary care now comes with a higher expense, Japanese pet insurance policies have taken off. The reason is that dog and cat owners are…

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Walgreens insurance denial places it at risk of lawsuit over death, court says

Insurance Denial - Bottle of Pills

The pharmacy insists that it was not obligated to contact the doctor of a woman who then died. The Massachusetts Supreme Judicial Court has ruled that the family of a woman who died has the right to sue Walgreens. This court case will question whether or not a pharmacy is obligated to assist a patient in being certain his or her insurance will provide prescription coverage. The case involves a Massachusetts woman who had epilepsy and required a drug to control her seizures. Yarushka Rivera’s epilepsy required her to take…

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Amazon home insurance reportedly a possibility

Amazon Home Insurance - Amazon box

The e-commerce giant is reportedly thinking about offering property owners their own coverage. It wouldn’t come as a shock to many people if Amazon home insurance were to make its way into the market. The company – and its CEO Jeff Bezos – is known for taking their own angle in traditional markets. The online marketplace is reportedly thinking about selling home insurance policies of its own. The Amazon home insurance reports have yet to be officially confirmed. Amazon.com does not typically publicly discuss products it has in development. The…

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Insurance companies to feel climate change effects most, but aren’t investing that way

Climate Change effects - Hands - globe - world

Insurers will be hit hardest by rising global temperatures, but their investments aren’t low-carbon. The insurance industry will feel climate change effects more powerfully than most other industries. That said, a new Forbes report suggests insurers are failing to invest into the low-carbon economy. The insurance sector is most threatened by droughts, floods, extreme heat and severe storms. However, the report shows that climate change effects don’t appear to be enough motivation to change investing habits. These firms are some of the largest investors in the world and stand to…

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