Category: Specialty Insurance

Special lines insurance covers everything from supplemental health insurance to cell phone insurance. When researching these markets many find this as a great source of information.

Flood insurance now assured for UK homeowners

Julie Campbell
UK Flood homeowners insurance program

Residents of many villages that thought they may no longer be able to find coverage now have it guaranteed. The people living in a number of villages throughout the United Kingdom, such as those in the area of Worcester and its surrounds, are now breathing a sigh of relief as they hear that their flood insurance will be guaranteed. The coverage was on extremely shaky grounds as the government and insurers in the country negotiated. The negotiations were not looking very promising for some time, but the government and the…

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Crop insurance regulation generating confusion

G. Turner
crop insurance rules

Some Upper Midwest farmers are not exactly sure what coverage is available to them. The massive and extensive droughts that struck the Upper Midwest of the United States are now contributing to widespread confusion regarding the rules of crop insurance for some farmers in that region who were not able to plant this spring because of the exact opposite issue – too much water. Some growers are concerned that they won’t qualify for payments this year when they were not able to plant. Croplands that were too wet to put…

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Insurance news for Canadian Olympic hockey could cause struggles

Julie Campbell
insurance policy news olympic hockey NHL

Coverage issues have added doubt to the ability of players from Canada to head to Sochi. Hockey Canada has been dealing with a number of different issues in finalizing its plans to be able to send hockey players to the Olympic orientation camp in August 2013, but bad insurance news is continuing to stand in the way. If the current situation doesn’t turn around, it may mean that the players won’t be able to skate after all. The CEO of Hockey Canada, Bob Nicholson, has said that no decision has…

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Insurance fraud scam in the UK to cost another £1 billion

H. Cutner
Insurance fraud decision

Banks are now facing a massive bill to pay for millions of customers back for mis-sold products. Millions of customers throughout the United Kingdom who were mis-sold credit card theft policies will be receiving a portion of an insurance fraud compensation fund payout that currently totals £1 billion. The compensations will be issued to the qualifying customers over the next few months. Eligible customers for the insurance fraud compensation payout are from Barclays, HSBC, Nationwide, Santander, and NatWest. They will be receiving the payment that is due to them at…

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Insurance news made in NY when judge blocks 9/11 claims against airlines

Julie Campbell
terrorism insurance industry news 9/11 Memorial in 2004

The ruling in New York is that the World Trade Center’s owners cannot demand payouts from the attacks. A federal judge has just made insurance news headlines when he ruled that the owners of the World Trade Center are not permitted to make demands of billions of dollars of additional payments from insurers due to the attacks on September 11, 2001. The owners of the buildings will not be able to receive the money from the airlines and their insurers. The insurance news was made when Judge Alvin Hellerstein made…

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