Motorcycle helmet sales see healthy growth worldwide

Julie Campbell
motorcycle season helmet insurance policies

A new report has shown a global CAGR of more than 6 percent throughout the length of this year. A recently released report has shown a rise in motorcycle helmet sales this year. In fact, the predicted compound annual growth rate (CAGR) is 6 percent. The growth in helmet sales is being driven by the increasing number of head injuries from crashes. That said, manufacturers are trying to boost the appeal for riders through both function and fashion. It’s all well and good to offer a motorcycle helmet that provides…

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American boat insurance now available for travelers to Cuba

G. Turner
american boat insurance

The United States has now approved a coverage for craft traveling into Cuban waters. American boat insurance is now available to boaters traveling from the United States into Cuban waters. Marine insurance company, Pantaenius, will be offering policies for this situation. This may reduce a considerable barrier to Cuban travel for the purposes of cruising and fishing. While the embargo for travel to Cuba was lifted nearly a year ago, hull insurance had yet to be allowed. When the embargo was lifted, U.S. citizens with a legal reason to travel…

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Utah insurance co-op closure leaves $33 million in unpaid claims

Marc
Salt Lake City capital Utah insurance co-op

The nonprofit cooperative has now collapsed and has left hospitals without millions in payments. Arches Mutual Insurance Co, a nonprofit Utah insurance co-op, has now collapsed. As a result, there are millions of dollars worth of unpaid claims. This could leave hospitals without a massive number of payments. The Utah Department of Insurance said the not for profit cooperative will likely not pay its debts until next year. Despite the fact that Arches Mutual Insurance still owes hospitals $33 million, this debt won’t be paid soon. The Utah Department Insurance…

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Break-up insurance for “Hiddleswift” cancelled

Julie Campbell
break-up insurance - Tom Hiddleston Taylor Swift Hiddleswift

Taobao had been selling policies against a split between Taylor Swift and Tom Hiddleston. The massive Chinese marketplace, Taobao, was selling break-up insurance against a split in the relationship between Tom Hiddleston and Taylor Swift. However, those sales have now been shut down. Alibaba, the company that owns Taobao, put a stop to the sale of the celebrity insurance policies. Taobao sold the break-up insurance policies just in case the Hiddleswift relationship isn’t forever. The coverage promised double the purchase price in payment if the celebrity couple were ever to…

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Road safety in July 4th traffic

H. Cutner
July 4th traffic auto insurance fireworks

Independence Day is the deadliest day on American roads, so it’s important to be especially careful. July 4th traffic is known as the deadliest of the year. As Americans across the country head away on road trips and to visit friends and family, crashes happen. A record number of people are expected to hit the roads today. It’s important to take precautions in order to stay safe this year. AAA predicted that 43 million people would head out on the roads to visit destinations over 50 miles from home. All…

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