Gay couples often struggle to obtain fertility treatment insurance coverage

Fertility treatment insurance - Couple walking holding hands

Reproductive advocates call for an update to the definition of infertility as it is used by insurers. Gay couples across the United States are struggling to obtain fertility treatment insurance coverage. The reason is that the term “infertility” is typically defined by insurers using heterosexual terms. Conventional coverage requires couples to try to conceive for a year via intercourse to be eligible. In the majority of states, fertility treatment insurance will require a woman who doesn’t have a male partner to attempt intrauterine insemination as many as one dozen times…

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Wine insurance: What is it and what does it cover?

Wine insurance - wine rack

Though most people don’t need this type of coverage, collectors should consider protecting their collections. Most of us uncork a decent bottle of red or white without any need to consider wine insurance. We spend $10 to $15 on a nice bottle and enjoy our purchase. However, collectors who have accumulated thousands of dollars worth of bottles could benefit from this additional coverage. Serious collectors could have collections – or even individual bottles – worth thousands. Storage facilities and logistics companies focused on this industry believe that less than 5…

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First Allstate Chief Sustainability Officer appointed

Allstate Logo on Sign - Allstate Chief Sustainability Officer

The insurer announced that Susan L. Lees would be the first person to take that position. The first ever Allstate Chief Sustainability Officer was recently announced, as Susan L. Lees took the position. Lee’s previous role as Chief Legal Officer and Secretary of the corporation will be taken over by Rhonda Ferguson, Executive Vice President and General Counsel. Lees is taking the position immediately, as is Ferguson who replaced her in her former role. “This realignment of responsibilities is consistent with Susie’s decision announced in August to focus on environmental,…

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Lloyd’s unveils new vaccine shipment insurance coverage initiative

Vaccine shipment insurance -nurse with vaccine

The massive marketplace is collaborating with insurtech Parsyl and others in this effort. Lloyd’s of London and insurtech Parsyl have announced the launch of the new vaccine shipment insurance coverage initiative. Called Global Health Risk Facility (GHRF), it will provide coverage worth billions of dollars for COVID-19 vaccine distribution. The coverage will be for the transportation of supplies related to the distribution of the inoculation. The comprehensive vaccine shipment insurance initiative aims to cover supplies related to distribution, including the personal protective equipment and other materials needed for distribution. The…

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Allstate Foundation grant sends $1.2 million in school supplies to US teachers

Allstate Foundation grant - Teacher and classroom

Educators across the country are having their wish lists filled whether in-class or teaching online. A recent Allstate Foundation grant sent $1.2 million in essential school supplies to teachers across the country. The goal is to help the educators to empower and excite their students, regardless of whether they are in a classroom or learning online. Nearly 95 percent of teachers spend money from their own pockets on classroom and teaching supplies. Of the teachers spending their own money on these supplies, the average amount spent is $500 per year.…

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State Farm chosen as Ad Age Marketer of the Year for 2020

Ad Age Marketer of the Year - Image of Trophy

Only ten organizations receive this honor from the global media brand every year. State Farm has received the Ad Age Marketer of the Year recognition for 2020. The global media brand names only ten companies with that recognition each year. This year’s recognition spotlighted companies that were able to thrive despite the pandemic impact. In the publication announcing the Ad Age Marketer of the Year for 2020, the company identified State Farm among those businesses that “didn’t just survive the pandemic, they thrived.” This year was a difficult one for…

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Allstate plan for ‘transformative growth’ not unlike Progressive’s

CEO Tom Wilson’s strategy was launched late in 2019, but growth won’t arrive until the second phase. CEO Tom Wilson released the Allstate plan for “transformative growth” late last year. Though there has been a large number of changes throughout 2020, the promised growth has yet to be revealed. That said, the CEO says that the growth component will arrive with the second part of the strategy. Though Wilson has not set any dates as to when the second part will arrive – and the growth along with it –…

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