What Good Accident Attorneys Do Not Do

Insurance claims and attorneys

When you are in a major accident… the last thing that you may want to have to go through is a vetting process. Having to choose an attorney can be a worse pain than that of the accident. If you need competent accident lawyers, here is a list of what you avoid. Learn what good lawyers do not do so that you can lay off those you run into with these traits. 1. Exaggerate your claim It is no secret that your attorney will want to win the case. Every…

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Insurance companies unaffected by climate change, says Warren Buffett

Insurance News - Warren Buffett, CEO of Bershire Hathaway

According to the Berkshire chairman and CEO, the increase in natural disasters has not impacted his insurers. Warren Buffett has revealed that the increase in natural disasters and the extreme weather from climate change around the world have not affected Berkshire Hathaway’s insurance companies. Buffett has stated that no changes have been made to the way that catastrophe calculations are made. He explained that climate change has not affected the calculations that are made in terms of determining how likely it is for a catastrophe to occur. Berkshire Hathaway Inc.…

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Will auto insurance rates rise because of Google Glass?

Google Glass auto insurance

The popularity of wearable technology and augmented reality glasses could soon have an impact on premiums. In a move that could one day – in the not too distant future – impact the auto insurance premiums that motorists are facing every year, Google is currently lobbying officials in three or more American states to try to put a halt to the proposed limitations for driving while wearing augmented reality glasses and headsets, such as Google Glass. This represents one of the first major legal battles over the AR based wearable…

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Insurance industry losses are massive due to disastrous winter weather

insurance industry winter snow ice

Over $1.4 billion in losses have been seen due to the extreme conditions that have been experienced. With continual snow and temperatures that are continually below the averages, the insurance industry is starting to feel the same winter blues that are being experienced by the cabin feverish residents of the icy and snowy regions of the country. As much as snowplows and two truck drivers are frustrated, the losses seen by insurers is even greater. According to the data that was issued by Impact Forecasting, the extra wave of severe…

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Michigan auto insurance push for no fault reform has returned

Michigan Auto Insurance News

The House Republicans in the state are trying again after having been unsuccessful last year. House Republicans are bringing their Michigan auto insurance reform push right back into the spotlight again, after having failed to obtain adequate support for the massive overhaul that they had proposed in 2013. The new goal is to eliminate the unlimited lifetime benefits that are currently available in the state. At the moment, Michigan auto insurance law makes it possible for individuals who are catastrophically injured in vehicle accidents to continue to receive benefits for…

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