Live Insurance News

Ontario auto insurance customers may have overpaid by billions

April 14, 2015April 11, 2015 H. Cutner

The results of a new study have shown that drivers in the Canadian province may have been charged far too much. A new study conducted by the Schulich School of Business on behalf of the Ontario Trial Lawyers Association has revealed that drivers in Ontario, Canada, may have been paying billions of dollars too much for their auto insurance coverage. The research showed that from 2001 to 2013, drivers across the province paid between $3 and $4 billion too much. The study has pointed to the profit benchmark that was…

Earthquake insurance is becoming more important in California

April 14, 2015April 11, 2015 Logan B.

Homeowners may need to prepare for an earthquake with the right kind of insurance coverage The United States Geological Survey has released a report that warns that California may experience a major earthquake in the next 30 years. The report claims that an earthquake of a magnitude of 6.7 or higher is coming, but there is no telling exactly when in the next three decades the event will come. Those living in the state may need to prepare for the disaster, but most Californian homeowners are unaware that there is…

AIG insurance drones receive FAA approval

April 13, 2015April 11, 2015 Julie Campbell

liability Insurance industry policy for drones

These flying devices can be used for the replacement of human inspectors for a better vantage point. Inspectors regularly need to climb up ladders onto the rooftops of buildings to check the situation after a claim has been made following a storm, for example, but this job may soon be done by insurance drones now that the FAA has made a new exception to its regulations. AIG has received the approval from the FAA to begin using drones to complete jobs that would be risky for humans. This will mean…

The best portable battery charger could be the key to proof of insurance coverage

April 13, 2015April 11, 2015 G. Turner

business travel accessories like Best portable battery charger

A growing number of states are allowing smartphones to be used to show auto policy cards. Recently, Ohio became the latest state to allow residents to display proof of auto insurance coverage through their smartphones, which means that owning the best portable battery charger available will become the next most important piece of technology in ensuring that this digital card will always be available. Among the most common forms of criticism of this program is that it is dependent on a battery. By making sure that the best portable battery charger is…

Arkansas hires ad firm to market its health insurance exchange

April 13, 2015April 11, 2015 S.Vagus

Governing board hired ad firm to draw more attention to its insurance exchange The governing board of the Arkansas health insurance exchange, called the Arkansas Health Insurance Marketplace, has hired an advertising firm to draw more awareness to the marketplace. The firm, Cranford Johnson Robinson Woods, was contracted for approximately $5.8 million over the next two years. The contract will task the firm with designing a new website for the state’s exchange, which will be used in place of HealthCare.gov and will provide consumers with access to the exchange’s insurance…