Author: Julie Campbell

Julie Campbell has been writing professionally for over 15 years, following a brief career in the insurance industry, in which she took emergency claims while guiding and supporting policyholders through some of the most difficult moments in their lives. Today, she reports on the latest stories and most recent news in the insurance industry, with a particular focus on how current events are impacting everyday people. Follow Julie Campbell on Google+

Crop insurance could cease to be offered by Deere

Julie Campbell
crop insurance program

The company is reviewing its options in offering this protection as it works to stay on top of a struggling industry. Deere has been selling crop insurance for eight years, but is now reviewing this part of its business and is considering withdrawal from that market as the well recognized tractor and farm equipment manufacturer continues its struggle in a farm economy that seems to be refusing to recover. The company has stated that it intends to review strategic options when it comes to this coverage unit. That said, Deere…

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Insurance news struggles force fire department to shut down

Julie Campbell
insurance news Staten Island Fire Dept Under Pressure

In Washington Township, Ohio, a lack of coverage has stopped firefighters from being able to work. One of the firefighters from the Washington Township Fire Department recently confessed to embezzlement, and this issue has now led to the unfortunate insurance news that a lack of coverage had caused a temporary shut down until a policy could be reopened. The fire truck insurance premiums and the workers’ compensation costs have not been paid for months. According to the fire department’s attorney, Susan McDonald, this insurance news begins with the fact that…

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Airline insurance with 15 percent higher premiums renewed by Air India

Julie Campbell
airplane airline insurance

This is providing the company with a $26.75 million policy to protect itself against major tragedies. Air India has managed to be able to renew its airline insurance with a mere increase of 15 percent in the premiums that it pays in order to be able to cover its complete fleet of 132 total aircraft. This is notable when taking into consideration that this is an insurance market that has experienced a considerable hardening. The reason that airline insurance usually entails a notably higher rate upon renewal is that it…

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Homeowners insurance is falling short of impressing Millennials

Julie Campbell
residential homeowners insurance news

Renters coverage has also not managed to satisfy the expectations of this important demographic. The Millennial generation, which currently makes up the largest demographic in terms of homebuyers and renters throughout the United States, have a greater likelihood of being critical of the experiences that they’ve had with regards to their renters and homeowners insurance. The 2014 U.S. Household Insurance StudySM from J.D. Power identified a number of generational trends. The renters and study looked into the overall satisfaction levels of consumers with regards to three separate personal coverage product…

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Insurance news could be changing for coverage for oil-by-rail risks

Julie Campbell
Insurance news Lac Megantic train derailment

The Canadian government is looking into broadening the burden for protection against disasters. According to a recent insurance news announcement made by a government official in Canada, it is considering the expansion of the coverage burden for disasters occurring in crude-by-rail transportation. It is also thinking about developing a special fund comparable to the one once established for maritime oil spills. The insurance news could be tremendous to the industry, which continues to reel from the catastrophe that occurred when an oil train lost control and exploded in the province…

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