Insurance industry shows favor for safe vehicles from foreign automakers

S.Vagus
auto Insurance industry IIHS Safety Crash Test

Insurance Institute for Highway Safety releases latest edition of its safety report The Insurance Institute for Highway Safety has released its latest safety report concerning vehicles the insurance industry deems to be the safest for drivers. How safe these vehicles are can have a major impact on auto insurance costs while also ensuring that consumers are protected against disasters. The Insurance Institute for Highway Safety has made it more difficult for automakers to win a top safety rating through the introduction of tougher safety criteria. Automakers must comply with stricter…

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Safety ranking for auto insurance sees better scores in vehicles made in Japan

Julie Campbell
Car Crash Statistics auto insurance

Japanese automakers have taken the top spots for safety vehicles throughout the 2016 model year ranks. The Insurance Institute for Highway Safety (IIHS) has now revealed information that is extremely handy to consumers and auto insurance companies, alike, and has stated that there were 48 vehicles from the 2016 model year that earned the “Top Safety Pick Plus” highest possible rating. This is a considerable improvement over the figure from 2015, when only 33 vehicles received the top rating. The three automakers that earned the highest number of “Top Safety…

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Business insurance claims show clear patterns for losses by providers

G. Turner
Business Insurance policy

According to recent data, some of the top causes of claims losses include power outages. A recent data analysis conducted by Allianz Global Corporate & Specialty has revealed that power failure were among the leading causes for interruption related loss claims on business insurance policies from 2010 through 2014, worldwide. In fact, power outages took tenth place when it came to losses from business interruption during that time. The Allianz Global Corporate & Specialty firm specializes in industrial and business risk coverage and its research involved an analysis of almost…

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Connecticut officials are warning consumers of health insurance scams

Logan B.
Connecticut health Insurance

Insurance Department tells consumers to beware of phone scams The Connecticut Insurance Department is warning consumers to beware of phone scams from those claiming to represent health insurance organizations. These scams have become fairly common during the open enrollment season for insurance exchanges. During these times, many consumers are either looking for new policies or to renew their current health insurance policies that they acquired through exchanges. These consumers are being targeted by scams that seek to profit during the open enrollment period. Phone scams are seeking to exploit consumers…

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Cyberbullying insurance is now being sold in the UK

Julie Campbell
cyber insurance theft id higher rates

One company in the United Kingdom has now started selling policies that offset the costs of trolling. Although cyber policies are nothing new, as companies need to protect themselves against the risk of data breaches, an insurer in the United Kingdom is now offering cyberbullying insurance as many companies and individuals have also come to find that online trolling can also be very disruptive and expensive. The practices of online trolls and cyberbullies can sometimes just be a nuisance but can also become very extreme. Some actions from trolls are…

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