Over 100 insurance companies sue ERCOT and 37 Texas power generators

Insurance companies - gavel

The insurers filed their lawsuit over the winter storm losses they incurred in February 2021. Over one hundred insurance companies have filed a lawsuit against the Electric Reliability Council of Texas (ERCOT) and 37 other power generators over the property damage and other losses sustained during the February 2021 winter storm. The lawsuit was filed in Travis County District County, labeling the power entities as “at fault”. The insurance companies allege in the lawsuit that ERCOT and 37 other power generators were “at fault” for the grid failure and losses…

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Insurance companies want Marshall fire victims in Colorado to contact them now

Insurance companies - Fire in Colorado

The insurers recommend that evacuees call them right away for support with living expenses. Approximately 30,00 people have been evacuated due to the Marshall fire in Boulder County, Colorado, and insurance companies are recommending that they contact them as soon as they can to obtain available support. Around one thousand homes are believed to have been lost as a result of the massive blaze. Though the final tally of affected homes or even of evacuees has yet to be counted, the fast-moving Marshall fire has forced thousands out of their…

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State Farm launches new ad campaign featuring NBA stars

State Farm - NBA game arena

The campaign included the commercials run during the popular Christmas Day games State Farm launched its new NBA ad campaign, which ran its first commercials during the popular Christmas Day games. It is the next step of the insurer’s Surprisingly Great Rates messaging that was first rolled out during last year’s season. This season, the insurance company is focusing on a new and very specific concept. The idea behind State Farm’s campaign this year is that people usually try to live their lives based on their own assumptions, but that…

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Benefits an accountant can bring to your business

Accountant Benefits

Business accounting analyses, records, interprets, summarises, and communicates business transactions. The financial statements help maintain a business which includes various types of statements like income, Balance sheet, cash flow, and equity.  Business accounting benefits include Analysis of economic performance: The economic reports present organisations’ performance and position, which helps the owners understand by keeping income statements and helps in comparing the financial arrangement between years.  Helps in Raising Loan: A substantial amount of money must be available for the company company’s future growth. Sometimes a firm cannot thrive owing to…

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Why Should You Get Health Insurance As An Expat In Canada?

Health Insurance for Expats

For new expats living in Canada, the first thing that you should do is settle all of the necessary living needs before fully enjoying the country and its offers. Consider delaying trips and vacations for a short while and prioritize what is really needed for a convenient long-term stay in the country.  If you don’t know where to start yet, then availing health insurance is the best answer. Although some people are against health insurance mainly because Canada’s healthcare is free and it will just be additional fees to live…

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GEICO Executive Chair Tony Nicely retiring at the end of 2021

Geico Executive - Retirement

The announcement was made that he would be stepping down at the end of the year after a 60-year career. GEICO Executive Chair Tony Nicely has announced his retirement and that he will be stepping down from his position at the end of the year following his 60-year career in the industry. Before taking his current position with the insurance company, Nicely had been chair and CEO for 25 years. Under Nicely as CEO, chair and GEICO executive chair, the insurance company experienced its most powerful growth period, becoming one…

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Nationwide pet insurance Hambone Award winner announced

Pet insurance - Image of German Shephard

The thirteenth annual award went to a dog that survived a 400-foot fall and has fully recovered. Nationwide has announced the winner of the 13th annual Hambone Award, which is given to the animal that brought about the most extraordinary pet insurance claim of the year. The insurer gave this year’s award to a claim that was filed for the care of Bruin, a German Shephard. Bruin’s pet insurance claim resulted from the multiple injuries he sustained when he fell 400 feet into a canyon in California. The community searched…

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