Turkey to require proof of insurance from oil tankers

Proof of insurance - Turkey
News Bulletin: US asks insurers to ...
➡️ WATCH TOP INSURANCE NEWS STORIES IN: ENGLISH & SPANISH

This move is expected to add bite to the sanctions from the international community against Russia. Turkey has announced that it will begin requiring that oil tankers making their way through the Bosporus shipping strait must provide proof of insurance. This step could prove challenging to the massive crude exports coming from Russia. Ships carrying crude through that waterway will need to present an official insurer’s letter. The oil tanker proof of insurance will need to state that the insurer is willing to provide adequate coverage for that specific vessel,…

Read More

Nature Conservancy purchases an insurance policy to cover Hawaii’s coral reefs

Insurance policy - Coral Reef with fish

The nonprofit is the first organization to obtain coverage for the coral’s repair following coastal storms. Coastal storms in Hawaii have been damaging already threatened coral reefs and the Nature Conservancy nonprofit has now purchased an insurance policy to repair that damage. State officials cannot afford to implement the repairs that the coverage will pay the nonprofit to do. This first-of-its-kind insurance policy approach to climate change is an effort to obtain the necessary funding to help the coral reefs in Hawaii to keep up with the worsening storms. This…

Read More

Voluntary Advantage is bringing the Voluntary Benefits industry together

voluntary benefits industry company

November 21, 2022 / Denver, Colorado – Voluntary Advantage is a newly formed entity that has been created to bring the Voluntary Benefits industry together and promote innovation and the open share of ideas, strategies, and information.  Voluntary Advantage was founded by Trevor & Heather Garbers and will publish a monthly magazine titled “Voluntary Benefits Voice” which will feature articles on important topics in our industry today including: trends, compliance, strategies, carrier news, product releases, and more. The Voluntary Advantage website (www.voluntary-advantage.com) will publish a Calendar of Events sharing information…

Read More

Petline and NFP collaborate on new US pet insurance

Pet insurance - Person with dog looking at computer

The companies have come together to offer a new line of coverage products for animal owners to buy. The Petline pet insurance company has teamed up with leading property and casualty broker NFP to offer a new line of products to cover cats and dogs and give US animal owners peace of mind. The insurer has been active in the market since 1989 and describes itself as a leader in that category. The Petline flagship pet insurance brand, Petsecure, offers owners a spectrum of different solutions to fit the individual…

Read More

Allstate Insurance partners with Jordan Andino for road safe mocktails

Allstate Insurance mocktails - person pouring a drink

To promote safe driving throughout the holidays, the insurer is working with the chef and TV personality. Allstate insurance has joined forces with TV personality, chef and restauranteur Jordan Andino to develop Allstate Good Sips. This is a list of signature mocktail recipes meant to make sure drivers stay sober throughout the holiday season when they plan to get behind the wheel. Mocktails are becoming quite trendy, having taken off like never before in 2021. Last year, nonalcoholic beverage demand rose by 33 percent in 2021, reaching $331 million, said…

Read More

Insurance Services For Businesses

business insurance and what you need

Insurance is one of the most critical aspects of running a business. It protects your company’s assets and employees, and can help cover the costs of unforeseen events. There are many different types of insurance policies available, and it’s important to choose the right coverage for your business. Property insurance protects your business in the event of damage to or loss of your property, such as your office or inventory. Liability insurance protects your business from claims arising from injuries or damage caused by your business, its employees, or its…

Read More

State Farm reminds policyholders to stay safe from holiday risks

Holiday Risks - Festive Dinner

The insurer has provided official tips for avoiding some of the most common “mishaps”. This time of year is filled with food, gatherings, lights, candles, decorations, and unfortunately, holiday risks as well. State Farm has released a list of tips for its policyholders in the hopes of keeping those most common mishaps to a bare minimum or even avoid them altogether. The first recommendations have to do with avoiding the most common causes of kitchen fires. Some of the holiday risks that can be the most damaging or even deadly…

Read More