Category: Insurance News Articles

Posting the most up to date insurance news for both consumers and industry professionals. Learn more about what is going on in your world just by checking out our featured headlines section.

California homeowners are purchasing flood insurance aggressively

Nordstrom
flood insurance policies

Worries over El Nino lead to an increase in the acquisition of flood insurance coverage Homeowners in California are beginning to show worry over the coming of El Nino. This year, El Nino is expected to be much stronger than it has ever been, which may place many homeowners in serious danger of having their properties damaged. Much of this damage is likely to come from flooding, which has lead more homeowners to purchase flood insurance coverage. According to the Federal Emergency Management Agency (FEMA), there has been an influx…

Read More

New miscellaneous professional liability insurance from Berkshire Hathaway

Julie Campbell
Professional Liability Insurance Claims

This MPL product from the BHSI Professional First line has been launched in Canada. Berkshire Hathaway Specialty Insurance (BHSI) has now announced the launch of their new Professional First™ Miscellaneous Professional Liability Insurance that can be purchased within Canada. This new type of liability insurance product offers professionals coverage against a range of accusations. According to the descriptions of the new BHSI miscellaneous professional liability insurance policy, it allows professionals to cover themselves and their services firms against allegations of errors or omissions, negligent acts, neglect, misleading statements, misstatements, breach…

Read More

Michigan drivers can now show proof of auto insurance with their mobile devices

Marc
electronic proof of auto insurance

New law allows drivers to show proof of insurance with a smartphone or tablet New law in Michigan will allow drivers to show their proof of auto insurance to law enforcement officers with their smartphones or tablets. The legislation was signed into law by Governor Rick Snyder in October of 2015, but the law only took effect on January 5 of this year. The law is expected to provide drivers with more flexibility in proving that they have the necessary auto insurance coverage when they are pulled over by law…

Read More

Aetna leaves prominent health insurance trade group

S.Vagus
online health insurance technology exchange

Aetna will no longer be part of America’s Health Insurance Plan Aetna, one of the largest insurers in the United States, has left the health insurance industry’s largest trade group. This has raised concerns among critics of the Affordable Care Act, who claim that as more insurers leave the trade group, the federal law may be in jeopardy. Aetna is the second large insurer to leave the America’s Health Insurance Plans group, which was a major supporter of the Affordable Care Act as it was being drafted. Trade group is…

Read More

Motorists Insurance and Enservio Sign Multi-Year Software Agreement

PR Article
insurance claims technology

A multi-year contract for Enservio’s contents management SaaS application for all contents claims needs NEEDHAM, Mass. – January 12, 2016 – Enservio, Inc., a leading provider of contents claim management software, payments solutions, and inventory and valuation services for property insurers, today announced a multi-year agreement to provide The Motorists Insurance Group with ContentsExpress™, the leading self-service contents management solution, as well as onsite inventory and valuation services. Available as a web-based, SaaS subscription, ContentsExpress is the industry’s leading contents management solution trusted by hundreds of property insurance carriers nationwide.…

Read More