Crop insurance coverage spared 21,000 jobs in drought-plagued 2012

drought crop insurance coverage

A new Farm Credit Services of America reported the employment savings across four U.S. states. Farm Credit Services of America recently published a report about the difference crop insurance coverage made in the United States during 2012. That year, despite the worst droughts experienced in 2 decades, the insurance policies saved almost 21,000 jobs across four states. The 20-page report provides a breakdown offering insight regarding the crop insurance program history. The crop insurance coverage analysis dates back to the program’s beginning in the 1930s. It started with the Great…

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Apocalypse insurance becomes popular among ultra-wealthy Americans

apocalypse insurance

Technology billionaires have been reportedly purchasing this additional method of protecting themselves. Tech billionaires are reportedly looking beyond traditional coverage as they buy up “apocalypse insurance” as a way to survive if the worst should happen. The super-rich in America have reportedly investing in various forms of protection if civilization should ever crumble. The Doomsday Clock was just moved forward by another 30 seconds, bringing us two and a half minutes to midnight. While still highly unlikely, society as we know it is closer to crumbling as a result of…

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Event insurance policy for Lady Gaga’s Super Bowl gig may cost over $100k

Lady Gaga event insurance policy super bowl halftime show

Her rooftop stunt may be flashy and exciting but it can also bring massive profits to insurers. On February 5, Lady Gaga will headline the Super Bowl halftime show and will require a substantial event insurance policy for the performance. She intends to perform on top of the NRG Stadium cover dome in Houston. Organizers are scrambling to assemble plans to safely put her on the dome in the first place. While it’s clear that every measure will be taken to ensure Lady Gaga will be safe the entire time,…

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Marijuana insurance industry is taking off like wildfire

Medical Marijuana Insurance Industry

This emerging market is rapidly growing strength throughout the United States with legalized cannabis. The marijuana insurance industry has exploded since certain forms and uses of medicinal cannabis received approval. That said, there have yet to be many participants in this particular part of the market. Still, there are a few players that have been carving their way into medicinal marijuana policies and coverage. Even before Lloyd’s of London stepped into – and then departed – the marijuana insurance industry, there was already a firm called New Wave Insurance taking…

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Insurance benefits are drawing actors back to the industry

Mayim Bialik YouTube actor insurance benefits

Mayim Bialik, Ian Ziering and other celebrities are returning to acting for the coverage it provides. Over the last few years, actors that had been out of the spotlight for some time have been returning with insurance benefits as their motivator. Stars that had made big names for themselves but that had moved on to other things are stepping back on set to cover their families. The Big Bang Theory actress, Mayim Bialik recently made a YouTube video in which she discussed her return. Bialik had been a child star…

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Movie insurance policy could pay Disney $50 million for Carrie Fisher’s death

disney movie insurance for star wars carrie fisher

The late actress was going to reprise her role as Princess Leia in more Star Wars movies. Disney may be able to use its movie insurance to receive financial confirmation for Carrie Fisher’s untimely death. The celebrity was on contract with the company to complete three movies in the Star Wars franchise but had completed only two of those films Reports have suggested that the insurance payout for this tragedy could be as much as $50 million. Disney owns the Star Wars franchise and had already filmed two of the…

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Kanye West insurance payout could reach $30 million

hospital doctor kanye west insurance

The performer cancelled the rest of his tour as a result of reported mental health problems. Media reports suggest that the Kanye West insurance payout could be as high as $30 million following his tour cancellation. The hip hop celebrity announced the cancellation of the remainder of his tour as a result of health struggles. He was hospitalized last week following an incident while he was at his trainer’s house. Reports indicated that the police had been initially called for a domestic disturbance, later deemed a medical emergency. The star…

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Motorcycle season lasts longer with warmer fall weather

motorcycle season helmet insurance policies

In many areas where rides would typically already be stored, riders are still out and enjoying them. The warmer fall weather this year has provided riders with a pleasant extension to the motorcycle season. At this time, many parts of the country would typically see motorcycles being readied for storage. However, in 2016 we’re still seeing riders heading down the roads. Riders have been delaying putting their motorcycles away, taking the chance for one more ride day-by-day. This mild trend has crossed over several states. There have been record high…

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Progressive Motorcycle Insurance joins the Movember movement

Movember Progressive Motorcycle Insurance

The insurer’s team providing coverage to riders are also joining the cause of men’s health awareness. Progressive motorcycle insurance has now joined forces with the Movember Foundation. The goal is to spread awareness and raise funds regarding men’s health concerns. The two organizations are working to spread “Throttle Therapy” awareness among other things. In fact Progressive motorcycle insurance and the Movember Foundation are also going beyond men’s health problems. They are also looking to spread awareness about activities that can enhance wellbeing. Throttle Therapy has to do with the benefits…

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Halloween insurance costs are sending haunted houses to the graveyard

Halloween Insurance News - Safety

These attractions are rapidly disappearing due to the associated liability costs for organizers. Haunted houses have long been a tradition at this time of year, but the cost of Halloween insurance has been shutting them down. Many communities across the country have found that the attractions weren’t coming back this year. Over the last couple of decades, haunted houses had been rapidly rising in popularity. It reached the point that people who truly enjoy a good fright would be able to go from one haunted house to the next. They…

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