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.

Insurance news from California insurer involves massive policy payments

Funeral insurance makes insurance news headlines

A Texas funeral policy company must pay out $25 million to its customers. A recent settlement in California has made insurance news as it has caused an insurer based in Texas to have to issue payments of $25 million in funeral policies to its customers. Officials in California have just reached this agreement with Forethought Group Inc. Forethought Group is a financial planning company and insurer that has been selling end-of-life and retirement planning. It underwent an audit in 2008, which identified an issue with the processes of the company,…

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Pet insurance can save your dog’s life, but so can prevention

Things to consider when searching for pet insurance

Just because your animal is insured, it doesn’t mean that you shouldn’t lower your risk. Dogs bring a tremendous amount of joy to the lives of their families, and this companionship is worth everything to some people, which is why pet insurance can help them to make sure that they will never need to choose between their animal’s life and their financial wellbeing. However, coverage is no excuse for avoiding certain precautions that can avoid a claim. It is a good feeling to know that if you have to make…

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Cell phone insurance data shows massive spending on repairs and replacements

Julie Campbell
Cell Phone Insurance

Owners of the new iPhone 5 wonder whether coverage will help protect them from high costs. The iPhone 5’s massive success in its release last week didn’t come as a surprise to anybody, but it has left the owners of these cutting edge devices wondering whether they should purchase cell phone insurance to protect them against the cost of loss, theft, or damage. Consumers spend billions repairing broken devices and on replacements and deductibles. In fact, according to the consumer electronics protection plan provider, SquareTrade’s data, since the iPhone first…

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Oil insurance allows South Korea to prepare for its second Iranian shipment

H. Cutner
oil insurance news

SK Energy has already loaded another cargo of crude from Iran. The largest refiner in South Korea, SK Energy, is taking advantage of the relatively newly available oil insurance to load its second crude cargo from Iran, skirting the coverage ban from the European Union that brought the shipments to a standstill for nearly two months. Two million barrels are being shipped in this second run, while avoiding the sanctions. The oil insurance was provided by Iran, itself, making it possible to step around the problems that had previously halted…

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Homeowners insurance companies make recommendations for closing cottages

Julie Campbell
Second Homeowners insurance

Preparing a vacation home for winter can help to reduce the risk of damage. As the summer cottage season comes to a close, many people are shutting up their vacation homes for the colder months, and homeowners insurance companies are issuing recommendations to help make sure that this is done properly so that a claim won’t need to be made. Many forms of damage can be prevented with the proper precautions. This means that at this time of year, homeowners insurance companies make a priority of trying to inform their…

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