Kim Kardashian robbery has now led to an insurance claim for stolen jewelry

kim kardashian robbery jewelry insurance claim

The celebrity who was the victim of a terrifying robbery has now submitted a claim for what was lost in the theft. The Kim Kardashian robbery that filled the headlines last week has now led to a sizeable insurance claim. When the celebrity was tied up and robbed at gunpoint, the criminals reportedly took 13 items from her possession. The reality television star has now filed an insurance claim suggesting the pieces were worth less than initially suggested. The insurance claim from the Kim Kardashian robbery indicates that the 13…

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Insurance industry social media can define an agent’s success

Insurance industry social media

A massive generation of consumers depends on social and mobile but many agents and brokers aren’t keeping up. From the point of view of the Millennial generation, insurance industry social media is, for the most part, lacking. Sure, the large insurers all have their own Facebook page and Twitter accounts, but many agents and brokers don’t. Failing to provide even the most basic experience on social platforms can be a critical mistake. The main problem with insurance industry social media is that the presence simply isn’t there when it should…

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The high cost of long term care is rarely planned for

Long Term Care Insurance Premiums on the Rise

While planning for retirement, few people plan for the potential need for nursing home care. The cost of long term care has become one of the largest expenses faced during retirement. At the same time, only a small minority of people actually plan for this eventual need. By the time a person reaches the age of 65, their chances of needing a nursing home at some point are about 50-50 at the moment. These types of annual cost are very high and most people haven’t factored it into their savings.…

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UK insurance market could lose Lloyd’s staff following Brexit

Lloyd’s insurance claims - Home office building

Top boss at the massive marketplace has revealed that operations may leave the country. The UK insurance market may not remain the most important one in the world due to the Brexit vote. Chairman of Lloyd’s of London, John Nelson, cautioned that the marketplace may be required to move some of its business over to continental Europe. That could mean a loss of a large chunk of the staff currently located in the United Kingdom. In fact, Lloyd’s insurance operations may be on their way out of the country even…

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Health insurance exchange enrollment is nowhere near predictions

health insurance exchange

In fact, current statistics show that participation is less than half of what it was expected to be by now. Health insurance exchange enrollment is currently less than half of initial predictions. The lack of participation in the health care law as predicted has caused these marketplaces to undergo a considerable shift. Several major insurers have stopped selling their health plans due to the expense associated with them. Recent Kaiser Family Foundation forecasts indicate that consumers will have far less choice next year. Health reform analyst from the Kaiser Family…

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