Author: Logan B.

Auto insurance premiums head skywards due to smartphone use

Logan B.
auto insurance premiums car mobile smartphone

The Washington Insurance Commissioner’s Office has blamed mobile device use for a 5.9 percent rate increase. Consumers wondering why they’re paying higher auto insurance premiums may not have to look any further than their smartphones. The Insurance Commissioner’s Office in Washington State said the top 20 insurance companies hiked rates by 5.9 percent last year. That said, the insurance rate for motorists has been on its way up across the country. Across the country, the average amount drivers are paying in auto insurance premiums reached $926 in 2016. Throughout the…

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Allstate Insurance technology is now Amazon Alexa compatible

Logan B.
Allstate insurance technology

The insurer has added this new feature to make it easier for customers to find info and agents. Allstate Insurance technology is continually evolving and improving as the insurer works to keep itself on the cutting edge of innovation. This being the case, its latest lineup release has come along with Amazon Alexa compatibility. Customers using an Alexa device can now ask it for assistance in finding what they need from Allstate. A customer with an Amazon Echo, for example, can now take advantage of Allstate Insurance technology, too. The…

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Crop insurance coverage spared 21,000 jobs in drought-plagued 2012

Logan B.
drought crop insurance coverage

A new Farm Credit Services of America reported the employment savings across four U.S. states. Farm Credit Services of America recently published a report about the difference crop insurance coverage made in the United States during 2012. That year, despite the worst droughts experienced in 2 decades, the insurance policies saved almost 21,000 jobs across four states. The 20-page report provides a breakdown offering insight regarding the crop insurance program history. The crop insurance coverage analysis dates back to the program’s beginning in the 1930s. It started with the Great…

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Apocalypse insurance becomes popular among ultra-wealthy Americans

Logan B.
apocalypse insurance

Technology billionaires have been reportedly purchasing this additional method of protecting themselves. Tech billionaires are reportedly looking beyond traditional coverage as they buy up “apocalypse insurance” as a way to survive if the worst should happen. The super-rich in America have reportedly investing in various forms of protection if civilization should ever crumble. The Doomsday Clock was just moved forward by another 30 seconds, bringing us two and a half minutes to midnight. While still highly unlikely, society as we know it is closer to crumbling as a result of…

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Marijuana insurance industry is taking off like wildfire

Logan B.
Medical Marijuana Insurance Industry

This emerging market is rapidly growing strength throughout the United States with legalized cannabis. The marijuana insurance industry has exploded since certain forms and uses of medicinal cannabis received approval. That said, there have yet to be many participants in this particular part of the market. Still, there are a few players that have been carving their way into medicinal marijuana policies and coverage. Even before Lloyd’s of London stepped into – and then departed – the marijuana insurance industry, there was already a firm called New Wave Insurance taking…

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