Stolen Swedish crown jewels were insured but are irreplaceable

Swedish Crown Jewels - Crown

Despite the coverage from a policy for the royal regalia, the items are essentially priceless in nature. Thieves stole the Swedish crown jewels on Tuesday, July 31, 2018. They made their escape in a speedboat and have yet to be apprehended. Though there was insurance coverage for the royal regalia, the monetary value will never replace the historical artifacts themselves. The thieves made off with two crowns and an orb dating back to the 17th century. Two crowns and an orb were taken from the 17th century collection of the…

Read More

Open source insurance policy becomes Lemonade’s new way to stand out

Open source insurance - Lemonade - Lemons

This unique new form of coverage allows anyone to be able to edit the wording and design. AI-powered insurer, Lemonade, has launched a new open source insurance policy. This represents a first in the world. Lemonade is known for its innovative strategies and is often associated with world’s firsts. The policy is meant to be open to the “wisdom of the crowd” in its writing and creation. The insurance company has launched what it calls Policy 2.0, according to a Lemonade press release. The idea behind this new open source…

Read More

Homeowners insurance review and preparation keeps claims down at Super Bowl parties

super bowl homeowners insurance review

These gatherings can be a lot of fun, but some extra care can keep guests and property safe. Super Bowl Sunday is coming up and football fans planning to host a party have a homeowners insurance review and some preparations to make. These small efforts can help to make sure there will be a lower risk of injury, damage or the need for an insurance claim. Millions of Americans plan to take part in a Super Bowl party, either hosting or attending. Any time there is a gathering of people,…

Read More

Anthem health insurance plans leaving Ohio exchange in 2018

columbus ohio anthem health insurance

The insurer announced that it will not participate in the state’s ACA marketplace next year. One of the largest insurers in the United States, Anthem health insurance, announced its intention to exit the Ohio ACA exchange next year. While the company is large, very few people will be affected by the departure. Only about 10,500 Ohioans have health plans with Anthem, residing in only one fifth of the state’s counties. While the Anthem health insurance exit from the exchange is a small one when all is said and done, it…

Read More

NRA gun insurance launches for owners shooting in self defense

NRA gun insurance policy

The new policies are designed to cover legal fees for acquitted cases and clean-up costs as well. The National Rifle Association has announced a new NRA gun insurance policy to cover Americans who want coverage in case they shoot in self defense. The policies will cover the clean-up of the scene. That said, legal fee reimbursement is issued only if the case finishes with an acquittal for a ruling. This NRA gun insurance policy is only the latest in the association’s efforts to ensure the rights of people who want…

Read More

Insurance strategy changes and upgrades for 2017

mother baby insurance strategy review computer

As the new year begins, a little bit of attention to your coverage plans could make for a better 2017. As 2017 gets started, the last thing on your mind might be reviewing your insurance strategy. After all, you likely have resolutions for healthier living and saving more money to keep up with. However, giving your policies a little bit of attention now can help to ensure the rest of the year will be better for you. The health of your insurance coverage is an important issue, and a new…

Read More

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…

Read More

New FEMA maps may lead to more flood insurance policy sales

Flood Insurance Policy Water

A higher number of homeowners may soon find themselves being required to purchase coverage. In Tennessee, many homeowners who have never had to purchase a flood insurance policy before might find that situation changing. The Federal Emergency Management Agency (FEMA) has updated its flood maps and in certain counties, this has meant considerable change. For instance, in Davidson county, Tennessee, over 4,400 properties are newly considered to be in high risk zones. This means that thousands of property owners are also finding themselves in need of a flood insurance policy…

Read More

John Hancock long term care insurance is shutting down

The insurer recently announced its intentions to step out of that market and will cease selling next month. As of December 2016, John Hancock long term care insurance policies will no longer be sold by the insurer. This announcement arrived as the company announced that it would be exiting that coverage market. The insurance company is owned by one of the largest long term care policy providers in the United States. John Hancock long term care insurance is owned by Canadian firm Manulife Financial Corp. That company is among the…

Read More

Verifly drone insurance launches a US pay as you fly coverage

Farmers insurance drone

A startup has created an on demand and per flight form of insurance policy for drone users. The Verifly drone insurance policy launched after having been in the making since the end of 2014. This policy makes it possible for drone users to pay for coverage per flight and on demand. The drone insurance policy uses a mobile app and service that have been in development since 2014. The Verifly drone insurance coverage is available in the United States. The policy covers unmanned aerial vehicle (UAV) use within the commercial…

Read More