Some consumers are adding pet insurance to winter preparations

Pet Insurance - Search online

US animal owners are increasingly purchasing health coverage for their cats and dogs this season. Though pet insurance can provide financial protection to dog and cat owners at any time of year in case of an illness or injury, this year, purchasing coverage has become a bit of a winter prep trend. This time of year is among the most hazardous to cats and dogs due to weather and celebrations. For years, pet insurance companies have issued animal safety recommendations to cat and dog owners in the hopes of helping…

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Insurance industry crash tests were too much for most small SUVs

Insurance industry - Crash Test

The majority of these popular vehicles aren’t any less safe, but testing is focusing on additional factors. While it’s easy to think that SUVs are getting less safe, since most of them recently failed insurance industry testing, the thing is that they’re essentially as safe as they’ve always been. It’s the tests that have changed. Newer tests include components that emphasize the safety of back-seat passengers as well. The Insurance Institute for Highway Safety (IIHS) has updated their auto insurance industry testing to place a greater emphasis on making sure…

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Allstate CEO says State Farm auto insurance rates will soon increase

Auto insurance - Rates increasing

Tom Wilson has predicted that his company’s largest competitor will also be raising rates. President and CEO at Allstate Tom Wilson has predicted that State Farm will also be pushing to make auto insurance rate hikes in 2023, when he spoke at the Goldman Sachs 2022 US Financial Services Conference. Allstate has already started requesting rate increases and expects State Farm to do the same. Wilson pointed to the increased prices as a response to inflationary pressures and rising loss costs, and that the move will provide the home and…

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State Farm will power Illinois corporate facilities with renewable energy

State Farm - Renewable Energy

The insurer has signed an agreement with Constellation to purchase the green electricity. Insurance company State Farm recently announced that they have signed a new agreement with one of the leading power and natural gas suppliers in the United States, Constellation, to power the Illinois corporate facilities with renewable energy. The energy strategy is a component of the insurance company’s broader decarbonization effort. State Farm has been making a number of environmental impact commitments lately, and this renewable energy agreement is among the latest steps it has taken. The agreement…

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Voluntary Advantage Welcomes a New Key Contributor to Their Publication

Voluntary Advantage welcomes new company to their monthly publication

December 5, 2022 / Denver, Colorado: Voluntary Advantage is excited to announce that Eastbridge Consulting Group, Inc. will be a Key Contributor to their monthly publication for the Voluntary Benefits industry, “The Voluntary Benefits Voice”.  Eastbridge Consulting Group, Inc. has nearly 200 clients worldwide of their consulting and research services, including 20 of the 25 largest voluntary/worksite carriers. Voluntary Advantage believes their unique insights into carrier capabilities, processes, and strategy will provide their subscribers with valuable insights into market trends on a monthly basis. Nick Rockwell, President, and Danielle Lehman,…

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Consumers weigh the benefits of holiday travel insurance this year

Holiday travel insurance - Passport - map - Festive Decorations

With the high cost of everything, travelers find it tough to decide if their trip requires coverage. Holiday travel insurance is being taken very seriously this year as challenges continue for travelers heading away to visit friends and family. Overbookings, delays, lost luggage and unexpected cancellations are among those challenges. Thanksgiving trips were considered to be a small indicator of what is to be expected throughout the rest of the holiday season. What they have shown is that, as has been the case since the start of the pandemic, travelers…

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Allstate insurance company announces new Chief Legal Officer Christine DeBiase

Insurance Company - Announcement CLO

The insurer issued a news release welcoming DeBiase to her new position in the corporation. The Allstate Corporation has announced that Christine (Chris) DeBiase will be joining the insurance company just after the start of the new year as its new Executive Vice President, Chief Legal Officer, General Counsel and Corporate Secretary. DeBiase will be taking this position with the Allstate Corporation as of January 3, 2023. DeBiase will be taking the head of Law and Regulation as well as the insurance company’s sustainability strategy. She is an outsider from…

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