Auto insurance claims involving animals skyrocket in the fall, says Farmers Insurance

Auto insurance claims - Cow on Road

The insurer is reminding drivers to be mindful of this seasonal increase in driving risks. As the fall begins, so does the migration season for many kinds of animals, which unfortunately leads to a rise in auto insurance claims in crashes involving animals on the road. New data by Farmers Insurance showed an increase in 36 percent in claims for those reasons. Farmers Insurance data showed that there is a rise of about 36 percent in comprehensive auto insurance claims involving crashes with animals on the roads during the fall.…

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Aging holocaust survivors file lawsuit over Nazi-era life insurance payouts

Holocaust Survivors - Image of Auschwitz

Surviving beneficiaries have faced a decades-long battle for payments for their murdered relatives. Holocaust survivors have been battling with life insurance companies for years – and sometimes decades – to receive life insurance payouts from policies for which they were beneficiaries. Family members of people murdered by Nazis are seeking payment from the coverage they had on the victims. Holocaust survivors are running out of time in their efforts to recover insurance policies that Nazi-era companies refused to honor. According to the Holocaust Survivors’ Foundation USA, the sum total of…

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Is bookkeepers insurance for professional liability necessary?

Bookkeepers Insurance - accounting - computer - calculator

Many small business owners in this area don’t realize how important this coverage is. Bookkeepers insurance is an often overlooked by freelance professionals who don’t realize how vital it is to protect themselves against risks their general commercial liability policies don’t cover. This coverage is in the form of professional liability insurance. Keeping books involves a number of risks that are unique to this task and not covered by general policies. Professional liability bookkeepers insurance helps to protect your business or consultancy from risks general commercial liability policies don’t cover.…

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Allstate insurance agents push back against insurer call center plans

Allstate insurance agents - Call Center

The insurer’s sales force views this move as an expensive burden despite promised benefits. Allstate insurance agents have been expressing their discontent with the insurer’s decision to create customer call centers. The agents say it is an expensive burden but the insurer calls it an improvement in efficiency. Tom Wilson, Allstate CEO, explained that the insurance company is currently shifting service tasks from its agents into a centralized system. This is “because we can do it cheaper, better, faster.” This level of discontent among Allstate insurance agents is a rare…

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Independent Courier Insurance Spikes in Popularity from Common New Jobs

Independent Courier Insurance - Bike Rider

As businesses hire a growing number of people on bicycles, scooters or cars, liability coverage needs rise. Businesses of all sizes are looking to different types of delivery options for convenience and savings, requiring many self-employed individuals to seek independent courier insurance. Not all couriers work for massive global companies and those on bikes and scooters need coverage, too. Damage and liability issues are the most important part of independent courier insurance. These typically have to do with the vehicle being used to make the deliveries as well as the…

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Pennsylvania workers compensation insurance implements important filing changes

Pennsylvania workers compensation - filing - errors

The state has made several large changes to help reduce the odds of filing of loss cost errors. The Pennsylvania workers compensation insurance system has undergone considerable changes that have now gone into effect. According to the state Insurance Commissioner Jessica Altman as well as Labor and Industry Secretary Jerry Oleksiak, their offices have come to agreements with two major insurers and with the Pennsylvania Compensation Rating Bureau (P.C.R.B.). Together, the organizations hope this will substantially reduce the instance of filing of loss cost errors. These errors to filing of…

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Virtual assistant insurance is highly recommended for entrepreneurs in this niche

Virtual assistant insurance - customer support

VAs are facing very specific risks and exposures and are typically advised to buy coverage. Virtual assistant insurance can be highly beneficial for V.A.s as the unique exposures they face in their line of work due to the damage they could cause to their clients’ businesses and reputations. The potential damage that could be caused by a simple mistake is substantial and may be costly. Virtual assistant insurance takes into account the fact that V.A.s have access to a substantial amount of information about their clients. They can access and…

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