Allstate insurance company purchases potential new Chicago headquarters

Nordstrom
Insurance company - making a purchase - deal

The insurer announced that it has purchased the building at 29 N. Wacker, where it might place its HQ. The Allstate insurance company has announced that it is acquiring an office building in the Loop in Chicago. This new location has the potential to serve as the national insurer’s new headquarters following the sale of its former HQ at the Northbrook campus. The announcement has been made under two months from that announcing the sale in Northbrook. The insurance company bought the 29 N. Wacker Drive 10-storey building for an…

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Life insurance companies join pivoting move due to pandemic

G. Turner
life insurance claims on the rise

This segment of the industry has found itself having to make important changes due to new trends. The global life insurance industry has experienced a sudden and substantial shift in its trends since 2020 due to the pandemic. As a new wave continues with an even more transmissible variant, insurers in this industry are experiencing notable claims increases, causing them to have to pivot just as businesses in many other industries have had to do. Claims in 2021 jumped much higher than expected based on predictions regarding COVID-19. The first…

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Nevada bill blocks home insurance companies from discriminating against dog breeds

H. Cutner
Home insurance - bill to stop discriminating dog breeds

Pet owners will now be able to choose any breed they want without risk of challenges from their insurers. Dog owners will now face fewer challenges from housing and home insurance companies regardless of the breed of pet they have or want to adopt. Certain breeds or sizes of dog are often not accepted in apartments and affordable housing. Dogs such as German Shepherds, Pit Bulls or even any large breed are commonly not acceptable in apartments or affordable housing. There are also many home insurance companies that will refuse…

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Here’s What the Best Medical Insurance Companies in India Have in Common

Guest Author
Medical Insurance 2

In today’s world of skyrocketing medical costs, a health insurance plan known as ‘Mediclaim’ has become unavoidable. If you don’t have one, you could find yourself paying a lot of money out of your own savings. Even as it increasingly pays for basic care, health insurance continues to serve the purpose of dispersing risk. Understanding the significance of health insurance for your family is only the beginning. Today, there are a wide range of health insurance plans available in the market, however, it is important to choose the right one…

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Types of Car Insurance Coverage in the U.S.

Guest Author
Car Insurance Coverage

Car insurance plans, unlike health insurance, consist of various categories of coverage, each of which has a unique set of fees and benefits. Because drivers can typically choose different coverage amounts for various elements, it’s crucial to understand which types of insurance are appropriate for you. Types of Insurance Coverage 101 Before diving in and selecting an insurance coverage plan, you have to ask yourself some questions: How can you know which option to go for? Is it a legal requirement in your state to have coverage? Is there a…

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16 More insurance companies file lawsuits against Pacific Power

Marc
Insurance companies - Lawsuit filed

The joint lawsuit against the utility and its parent company PacifiCorp is connected to the Archie Creek Fire. An additional 16 insurance companies have filed a joint lawsuit against PacifiCorp as well as Pacific Power, its subsidiary, for reasons relating to damages caused by the Archie Creek Fire. The lawsuit was filed by the insurers on January 5 in the Douglas County Circuit Court. The insurance companies are pursuing a combined $14.2 million from the electric utility and its subsidiary. The 16 insurers are based in eight different states, including…

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5 Smart Tips For Getting Your Small Business Loan Approved

Guest Author
Get Business Loan Approved

In an ideal scenario where every business person has all of the resources they need, turning a great business concept into a massive success would be a breeze. However, as we’re all aware, this is not the case. Consequently, many small business owners turn into small business loans to support their business ventures. However, not every loan application gets approved. “Getting a small business loan application approved may be as confusing for small business owners as the tricks in a magic show. However, the process becomes a lot simpler with…

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