Latest Insurance News Articles Archives

Catalytic Converter Theft Drops by 74%: State Farm Insights

September 12, 2024September 12, 2024 Loreen

Auto insurance claims - catalytic converter - hands

A Significant Decline in Catalytic Converter Thefts Brings Relief to Car Owners In a remarkable turnaround, catalytic converter thefts in the United States have seen a substantial decline in the first half of 2024. State Farm, the nation’s leading auto insurer, reports a 74% drop in catalytic converter theft claims compared to the same period in 2023. This is a welcome relief for car owners and insurance holders who have been grappling with rising theft incidents over the past few years. Understanding the Impact Catalytic converter thefts have been a…

Medicare Agents Should Prepare For Very Busy And Confusing AEP

September 9, 2024September 9, 2024 Ben Jones

Agents preparing for Medicares Annual Enrollment Period

Challenges Loom for Agents During Medicare’s Annual Enrollment Period Amid Major Plan Withdrawals Medicare’s Annual Enrollment Period (AEP) is always a busy time for Medicare agents. “This year will likely be worse,” predicts Jesse Slome, director of the American Association for Medicare Supplement Insurance. “Several things are all happening at once that will impact seniors,” Slome shares. “A number of major Medicare Advantage plan providers have already announced plans to cease offering coverage. Humana, for example, said this could impact 500,000 plan participants.” Several other major insurers, for example Aetna,…

Maximize Savings and Efficiency with Property Tax Outsourcing Services

September 7, 2024 Guest Author

Key Takeaways: Property tax outsourcing services can help decrease property tax expenses, identify potential overpayments, and navigate complex property tax laws and regulations. By outsourcing property tax management, businesses can focus on their core competencies, save time and resources, and ensure compliance with changing property tax requirements. Property tax outsourcing services can help overcome challenges such as managing multiple properties and jurisdictions, staying up-to-date with property assessments and appeals, and dealing with complex property tax valuation methods. When choosing a property tax outsourcing provider, consider their experience and expertise, cost…

From Ted Lasso to the NFL, Cristo Fernández Joins Patrick Mahomes for a State Farm Adventure

September 4, 2024September 3, 2024 Logan B.

Cristo Fernández, widely recognized for his role as the cheerful footballer Dani Rojas in the hit series ‘Ted Lasso’, has recently expanded his talents into the world of advertising. Fernández stars alongside NFL superstar Patrick Mahomes in the new State Farm campaign “Bundle Is Life,” a collaboration that highlights his versatility and love for sports. In a recent interview with Sports Illustrated, Fernández shared his experiences filming the campaign, his newfound NFL fandom, and thoughts on the future of ‘Ted Lasso’. Cristo Fernández and Patrick Mahomes Unite in State Farm’s…

Liberty Mutual’s Subsidiary Non-Renews 17,000 Fire Policies in California Due to Technology

August 31, 2024August 30, 2024 Ester Adams

17,000 Fire Policies Non Renewed in California Due to Technology

Liberty Mutual to Discontinue Dwelling Fire Policies In an unusual development, Liberty Mutual Fire Insurance Company, a subsidiary of Liberty Mutual, has revealed that it will not renew around 17,000 dwelling fire policies in California, citing technology-related factors rather than the increased fire risks that have been prevalent in the state. The decision, set to unfold from September through November, stems from the company’s intent to retire the “antiquated” technology previously used to manage these policies. According to filings with the California Department of Insurance, Liberty Mutual stated that “it…