Live Insurance News

Bitcoin companies are beginning to rely on the insurance industry

June 18, 2015June 17, 2015 S.Vagus

Insurance industry is playing a larger role in the world of digital currencies Lloyd’s of London has released a new report that highlights the risks associated with digital currency, particularly Bitcoin. These currencies are becoming more common throughout the world, being used to purchase products online. In the case of Bitcoin, volatility is a very serious concern, as the value of a single Bitcoin fluctuates wildly on a regular basis. The report from Lloyd’s of London is meant to shed some insight on the risks associated with insuring businesses based…

Insurance industry may not be living up to expectations

April 3, 2015April 2, 2015 Marc

California health insurance industry agent

Insurance agents and brokers are falling behind when it comes to meeting consumer expectations The insurance industry may be having a problem with providing consumers with a favorable experience, according to a report from Market Insight Group and Applied Systems. The report shows that independent insurance agents and brokers are failing to provide their clients with an experience that they have come to expect, which is leading to a disconnect between consumers and the insurance industry. A poor experience could lead consumers to seek coverage from other companies. Report highlights…

US health insurance industry is doing well, according to report

March 30, 2015March 28, 2015 S.Vagus

Report from Commonwealth Fund shows that the health insurance industry is faring well A new report from the Commonwealth Fund shows that the health insurance industry is doing quite well. There have been concerns that the insurance industry in the United States may suffer as a result of the Affordable Care Act. The legislation was signed into law in 2010 and some insurers had expressed worry over some of the provisions of the federal law. These concerns had to do with how the law would affect the way they do…

Gaming and insurance industry are thrust into the limelight

December 11, 2014December 9, 2014 Nordstrom

tablet mobile gaming insurance marketing

The insurance industry has been involved in gaming for decades Insurance and video games are not a common topic, but the insurance industry has been involved in the gaming world for decades. Over the past several years, gaming has grown from a relatively unpopular pastime to a massive and diverse market, and this means that games have begun to fall under harsh criticism because of their content. In the past, some have tried to blame violent games the reason behind violent behavior. This concept may be affecting the insurance industry…

Report highlights dropping prices throughout the insurance industry

December 3, 2014December 1, 2014 Marc

Marsh released report denoting the decline in global insurance prices Marsh, a leading insurance broker, has released a new report concerning falling insurance prices throughout the world. The report shows that global insurance prices have fallen by 2.8% year-on-year in the third quarter, which is the sixth consecutive quarter in which price declines have been recorded. Notably, insurance prices in Latin American have fallen more than in any other part of the world. This ongoing trend will have some impact on the insurance industry as a whole. Prices are falling…