State Farm receives FAA green light for use of insurance drones over roads

Insurance drones - drone flying over road

The insurer has been operating the vehicles for claims purposes with FAA approval since 2019. State Farm’s official newsroom published a release stating that while it has been flying insurance drones with FAA approval since 2019, it has now been granted permission to do so over active streets and roads. The insurer received this approval based on Virginia Tech testing, for use to gather claims information. State Farm has been using insurance drones for various types of safety and business application testing since 2015. In May 2018, the insurer joined…

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Insight into veteran problems

Veteran Health Issues

Many veterans face several challenges when they cease serving in the military. Some of these problems include homelessness, post-traumatic stress disorder, financial issues, and loneliness. Different kinds of supportive services have been made available for veteran families, such as grants. Veteran grants are helpful to veterans and their loved ones who are experiencing challenging situations in their day-to-day life. Assistance to veterans is variable depending on individual needs. Some could be homeless, and others on a low income that can barely support their survival. Financial problems are common to many veterans as…

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Allstate shifts focus toward digital insurance while streamlining its business

Digital insurance - person using computer

The giant is setting itself up for growth on acquisitions, divestitures and technology investments. The Allstate Corporation is aligning itself with a growth plan based on business streamlining, which will include digital insurance technology investments, acquisitions, divestitures, and other initiatives for long-term growth. The nationwide insurer has experienced revenue increases every year – including last year – since 2011. Last year, Allstate still grew its revenue by 0.3 percent. The company’s efforts to remain in positive growth last year was an impressive one when considering the difficult circumstances that it…

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How Do You Qualify for USAA Insurance?

who qualifies for usaa insurance

USAA is one of the best-rated and most affordable car insurance companies in the United States. However, membership is restricted. You qualify for USAA insurance if you are an active duty or retired member of the United States military. You may also qualify if an immediate family member – like a spouse or parent – is an active USAA member. How do you qualify for USAA insurance? Do you meet USAA’s eligibility requirements? Keep reading to discover everything you need to know about USAA insurance requirements. Who Qualifies for USAA?…

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Cyber insurance coverage critical as Homeland Secretary warns over ransomware

Cyber insurance coverage - cyber security

DHS Secretary Alejandro Mayorkas said coping with ransomware will become a top priority. Cyber insurance coverage importance has never been clearer than it became when Department of Homeland Security (DHS) Secretary Alejandro Mayorkas warned that dealing with ransomware will become a top priority. This has only underscored the rising threat of cyberattacks and the data-scrambling malicious software. Ransomware is a type of malicious software that locks an individual, company, organization or government out of its files and networks until a payment is made. This type of attack has been rapidly…

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Connecticut moves undocumented immigrant health insurance plan forward

Undocumented immigrant health insurance - young girl in hospital

The state’s lawmakers have taken another step closer to offering government-sponsored coverage. Lawmakers in Connecticut heard what they described as emotional testimony last week as they move forward by another step in a plan for state-sponsored undocumented immigrant health insurance. The legislation is being formed to provide coverage to individuals up to the age of 18 years. “I’m looking at doing youth up to age 18. I looked at California and what they’ve done in California,” said Senator Marilyn Moore (D-Bridgeport). She added that she feels that it is not…

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Why Use a BPO Service Provider to Expand Your Reach?

BPO Service is Outsourcing - Insurance Industry

The insurance industry is known for being hyper-competitive. Many well-known and well-established companies compete in the industry and staying on top is a constant challenge. To perform at your best you have to make use of all the tools available to make your work more efficient and responsive to customer needs and industry changes. One way to streamline daily tasks is to make use of insurance BPO services which can improve the services you provide and help you grow. A BPO service or Business Processing Outsourcing refers to hiring an…

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