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+

Boat insurance lawsuit filed regarding sunken ship

Julie Campbell
boat insurance ship

The owner of the vessel that sunk is now filing a number of suits in relation to the incident. The owner of the tall ship Larinda and of a commercial vessel that sunk, has now launched a wave of different legal actions with the Nova Scotia Supreme Court, in Canada, regarding its boat insurance coverage and other issues. The documents that were filed by the plaintiffs name issues of misrepresentation and of negligence. According to the filings, LeGrow’s Marine Ltd., Larinda Ltd., and the president and director of those two…

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CancerInsuranceInfo.com is promoting skin cancer awareness

Julie Campbell
Skin Cancer Awareness

This website is hoping to make a difference by sharing vital information about detection and coverage. CancerInsuranceInfo.com has just announced its latest effort in the battle against cancer, which is its current skin cancer awareness campaign, which is meant to help the site’s visitors to learn more about the signs of the disease, and to know whether or not they can benefit from supplemental cancer insurance. When it comes to illness, the best type of coverage is the form that never has to be used. That said, approximately 60,000 people…

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Insurance industry cautions that weather disasters on the rise

Julie Campbell
Canada flood insurance industry

Officials in Canada are cautioning consumers and insurers that storms are getting stronger. The Insurance Bureau of Canada (IBC) has released a statement that cautions the insurance industry that the severity, frequency, and therefore the cost of extreme weather in the country is on the increase. It also noted that Alberta has experienced the greatest increase in severe weather occurrences. According to Don Forgeron, from the IBC, “The insurance industry claim payouts are the canary in the coal mine.” The amount of damage caused by severe weather events, and the…

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Homeowners insurance prices shouldn’t be affected by Oklahoma tornadoes

Julie Campbell
Oklahoma Tornado homeowners insurance

The major storms that the state has seen should not cause its premiums to increase, says the commissioner. Following the devastation from the tornadoes and the massive storms that have struck central Oklahoma over the last few weeks, homeowners insurance customers have been worried that this will increase their risk level and will cause their premiums to skyrocket. However, the commissioner has released a statement to assuage those fears and has said that increases will hold off. Commissioner John Doak has released a statement that has said that the homeowners…

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Cyber insurance demand is going to rise

Julie Campbell
Cyber Insurance

A new report has revealed that while there is large potential for this market, price is still a barrier. According to a report released by A.M. Best, the rating agency, there is tremendous growth potential in the cyber insurance market, but the evolving nature of the risk of digital attacks and the pricing strategies currently used are posing a sizeable underwriting challenge. Over the past handful of years, there has already been a massive increase in this market. The size of the cyber insurance market has grown by approximately 80…

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