How safe is Kinesis money?

what is Kinesis money
Some Oregon home policy rates to ri...
➡️ WATCH TOP INSURANCE NEWS STORIES IN: ENGLISH & SPANISH

Crypto assets attract users due to the fact that they are not regulated by centralized authorities and national governments. For this reason, they operate autonomously, are better protected against inflation, and require minimal transaction fees. Until now, most crypto-assets have been based on computing technology and production capacity, and it is these factors that have been embedded in the price of coins. However, when we talk about Kinesis crypto, its value is backed by real assets in the form of gold and silver. The foundation of precious metals makes kinesis…

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Auto insurance companies won’t be raising rates in California

Auto insurance companies - Car insurance

Rate increase approvals haven’t been approved in over two years, and that is continuing. According to leading auto insurance companies and associations in California, the state is risking a coverage crisis in the largest market in the country because it continues to deny rate increases. Insurers haven’t been able to raise their rates in California since before the pandemic began. The auto insurance companies have already been making cutbacks and have said that they won’t be able to continue operating at a loss in this way. They have pointed to…

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McDonald’s takes down its Irish insurance company in move to Bermuda

Insurance company - McDonald's logo

The fast-food chain is moving its global coverage operation from Ireland to the North Atlantic. McDonald’s is moving its global insurance company operations out of Dublin, Ireland and to the British island territory of Bermuda in the North Atlantic. It remains in the process of winding down its Irish business, according to its recently filed accounts. The Irish insurance company unit was managed by Aon in Ireland. That insurer has managed the fast-food giant’s global insurance unit for almost three decades. By the time the entire Irish business has run…

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More asset managers addressing insurers investment needs

asset managers data analysis

CAMRADATA, a leading provider of asset manager research, due diligence, investment data and analysis for institutional investors has just published their US Insurance Asset Manager 2022 Directory, the #1 source of insurance asset management data. This year, CAMRADATA’s US Insurance Asset Manager Directory 2022 concentrates on those asset managers who are currently managing portfolios on behalf of global insurance companies, including US insurers, as provided via CAMRADATA’s online manager research platform, CAMRADATA Live. With over 115 asset managers listed, the US Insurance Asset Manager Directory 2022 is the largest and…

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New Hampshire provides insurance premium support to birthing centers

Insurance premium - Birthing Center

The state is offering assistance to the centers, and other birthing support and care such as midwives. New Hampshire has announced that they are offering insurance premium assistance to birthing centers and home birth midwives in order to help them to remain in business as rates skyrocket. Malpractice coverage rates have gone through the roof, threatening many businesses in this sector. According to a recent Seacoast Online article, one birthing care provider experienced a $40,000 per year spike in insurance premiums, representing a 250 percent increase over the previous year.…

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Louisiana Citizens to sharply hike home insurance rates

Louisiana Citizens - Home insurance rates hike

The insurer of last resort will be charging substantially more for coverage in a challenging market. Louisiana Citizens, the home insurer of last resort in the state, is setting up for substantial cost hikes that will be notably harder for many homeowners to afford, according to officials. The state’s home insurance market has been deeply struggling to the point of a rising crisis. “Some people’s insurance payments are going to be larger than their mortgage payments,” said a Louisiana Citizens official quoted by a recent report in The Advisor. In…

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Florida home insurance soon to include surcharge

Florida home insurance - Home - cash

The additional fee on monthly bills is intended to cover several insolvent companies in the state. Florida home insurance customers can expect to see a new surcharge on their upcoming monthly bills, to act as coverage for insolvent companies in the state. The surcharge will help FIGA to cover the claims from insurers that have gone into receivership. The added surcharge Florida home insurance customers will be paying is intended to make sure claims made on policies sold by insolvent insurers will still be paid. They will support the claims…

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