Live Insurance News

Homeowners insurance in Connecticut may be banned from dog discrimination

January 27, 2015January 24, 2015 Julie Campbell

A lawmaker is seeking to make it illegal for insurers to inquire about the breed of a policyholder’s dog. A Connecticut lawmaker is now moving forward in an effort to ban homeowners insurance companies from being able to ask about or discriminate against the breed of a policyholder’s dog, when they are issuing coverage within that state. Republican Rep. Brenda Kupchick is trying to make it easier for certain dog owners to obtain coverage. Kupchick, of Fairfiel, Connecticut, has stated that her constituents have found it challenging to the point…

Winter activities make insurance news in Ohio

January 22, 2015January 20, 2015 Julie Campbell

Residents of the state have been urged to review the protection that they have for their snowmobiling, skiing, etc. Mary Taylor, the Department of Insurance Director and Lieutenant Governor of Ohio has released an insurance news statement which has advised residents of the state to look into their coverage before they take part in some of their favorite types of winter activities. The goal is to make sure that proper insurance coverage is in place in case an accident should happen. Taylor explained that Ohio is a great place for…

Auto insurance is a requirement of a new California driver’s license

January 5, 2015January 3, 2015 Julie Campbell

Previously undocumented immigrants in the state will need to satisfy state laws to become legal motorists. A new type of driver’s license is now available in California for undocumented immigrants, but those individuals will be required to obtain auto insurance before they will be able to legally sit behind the wheel on the state’s roads. This coverage requirement already applies to other drivers in the state, but choosing a policy could be confusing. It has been predicted that this sudden surge of auto insurance customers in California could create a…

Airline insurance for crashed AirAsia plane likely to be well over $100 million

December 31, 2014December 30, 2014 Julie Campbell

The jet is the third major airline accident that has happened in 2014, two of which have been in that part of the world. The AirAsia jet that had gone missing and that was recently found crashed in the sea off the coast of Borneo could bring about claims that will be at least $100 million, and this exposure will be placed on Allianz SE, which is the reinsurer for the airline insurance. Tragically, the flight had 162 people on board when it went missing off the Indonesian coast. Allianz…

Insurance companies sued by Minnesota Archdiocese

December 1, 2014November 29, 2014 Julie Campbell

St Mary's Catholic Church Minnesota insurance claims companies

Twenty insurers are have had lawsuits filed against them over issues regarding sex abuse claims. In Minnesota, the Archdiocese of St. Paul and Minneapolis has now announced that it has filed lawsuits against 20 insurance companies in an effort to attempt to force those insurers to have to pay for the liabilities on claims involving sex abuse by the clergy. The lawsuit has now been filed in federal court, saying that the archdiocese should have been covered for decades. The complaint stated that the insurance companies had been providing liability…