Boat insurance policyholders don’t always understand their coverage

Nordstrom
boat insurance

Many customers don’t realize that there is a great deal more to this protection than meets the eye. Boating season is now fully underway and boaters have purchased their boat insurance policies for the season. That said, many of the 87 million recreational boaters in the U.S. don’t seem to fully understand those policies. Recreational boaters buy insurance coverage year after year without knowing important points about it. Among the most important types of boat insurance coverage is the form that provides protection when it’s not in use. When your…

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Health insurance rate increases may be on their way to Illinois

Logan B.
Health Insurance rate increases

That said, there is no way for consumers to know for sure until the information is released on August 1. Residents of Illinois are going to have to wait a while before they will know if health insurance rate increases are coming. The information about the proposed premiums changes under the Affordable Care Act for next year isn’t available until August 1. It is at that time that the health exchange plan premiums information will be made public within the state. To many in Illinois, having to wait until August…

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Motorcycle lane splitting moves a step closer in California

H. Cutner
motorcycle lane splitting

A state Assembly bill has now moved nearer to a vote and would form new guidelines in the state. California’s AB 51 is a bill that was created to provide guidelines for safe motorcycle lane splitting in the state. If this legislation passes, it will make it will change the way riders use the road. Motorcyclists will be able to pass other vehicles on the road “by riding between them along the lane line.” Until now, it has not been legal or illegal to ride the lane line between two…

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Foo Fighters file lawsuit against Lloyds of London

Julie Campbell
Foo Fighters Lloyd's of London insurance lawsuit

The band sued the insurance companies in Los Angeles with regard to cancelled shows. The Foo Fighters have now filed a lawsuit against the massive Lloyd’s of London insurance market and other insurers. The suit was filed against the 328 year old insurance companies in Los Angeles. The lawsuit also extends to Roberson Taylor, the broker behind the purchasing of the policies. The lawsuit alleges that the insurance companies and Lloyd’s of London “failed to pay amounts that even they appear to recognize are due and owing.” This was in…

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FTJ and FSL Name New Vice President

PR Article
FTJ Logo 384 stacked

KANSAS CITY, Missouri (June 16, 2016) – Forrest T. Jones & Company, Inc. (FTJ) and Fidelity Life Insurance Company (FSL) announced that veteran insurance executive Peter Lindquist joined the companies as vice president on June 15. Lindquist, who has served as chief financial officer (CFO) for 20 years at various insurance companies, will succeed William Hobbs II, who is retiring as vice president and controller. Lindquist most recently served as CFO and treasurer at Cameron Mutual Insurance Company, located in Cameron, Mo. Prior to that, he was CFO for insurance…

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