Live Insurance News

Auto insurance premiums head skywards due to smartphone use

February 28, 2017February 24, 2017 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…

Tesla lifetime insurance underscores company’s belief in self driving car

February 27, 2017February 24, 2017 Marc

This could mean that customers buying these vehicles may never need to pay insurance premiums. When customers start shopping for Tesla self-driving cars, they may soon have the option to purchase lifetime insurance. They will also have the opportunity to buy a maintenance package. This could mean that while the vehicles drive themselves, their owners also never need to pay for coverage or repairs. Elon Musk, CEO of Tesla, is so confident in the self driving vehicle safety features that they are being bundled with lifetime insurance and maintenance packages…

Allstate Insurance technology is now Amazon Alexa compatible

February 23, 2017February 22, 2017 Logan B.

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…

Great insurance jobs just got easier to find with simple new online feature

February 6, 2017February 4, 2017 Julie Campbell

Careers in insurance are taking off, are among the safest occupations in the country and are now easier to find. It is now that much easier to find great insurance jobs through a helpful, easy and free searchable database of positions specific to this industry. The Live Insurance News website launched a nationwide insurance job board to help in the search to find local openings. The insurance job market is exceptionally hot right now and the growth isn’t showing any signs of slowing. In order to streamline and simplify the…

Allstate Insurance Company launching new underwriting platform

January 24, 2017January 23, 2017 G. Turner

The insurer announced the implementation of the platform featuring automated data integration. Allstate Insurance Company has announced its intentions to implement the UnderwritingCenter platform. The platform was created by Myriad Development. The goal is to improve automated data integration while enhancing the quality of risk evaluation. UnderwritingCenter allows Allstate to automate its underwriting decision making processes. At the same time, Allstate Insurance Company can use the underwriting platform to integrate third party data and virtual surveys into the mix. In this way, the insurer hopes to produce greater accuracy in…