Tag: Business Insurance

Earthquake insurance losses from Napa Valley could break the $1 billion mark

Julie Campbell
San Andreas Fault Line California earthquake insurance

The stunning wine region of California was, however, saved from extreme levels of damage from the quake. The quake that shook California’s prestigious Napa Valley region at a magnitude of 6.0, just over a week ago, is now estimated to have caused damages covered by earthquake insurance that could reach up to $1 billion. The damage in the region was centered in the actual Napa city, which essentially spared the nearby wineries. In fact, the majority of the wineries and vineyards were able to continue to operate as usual despite…

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Earthquake insurance is too expensive to be worth the risk in California

Julie Campbell
oklahoma earthquake insurance industry

For many people in the state, the premiums are higher than the perception of the threat. Just over a week ago, the Napa Valley of California was shaken by a 6.0 magnitude tremor that led to surprising amounts of damage, particularly in terms of broken bottles of alcohol, but at the same time, on the whole, homeowners and business owners still feel that earthquake insurance is too expensive to be worthwhile. Even some of the companies most affected were not convinced that insurance coverage would be worth the price. Despite…

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Uber and Lyft fight auto insurance legislation

S.Vagus
storm auto insurance discounts car

Ride-share companies continue to fight legislation that could have a severe impact on their business Ride-share companies Uber and Lyft are fighting legislation that could, essentially, ruin their business. Auto insurance is at the heart of the legislative battle that has been brewing in the ride-share sector for some time. Both Uber and Lyft have been the subject of criticism recently due to the way they handle insurance coverage for their drivers. The matter has become so problematic that government officials have introduced new legislation to address the issue. Legislation…

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Self insurance option opens up with startup launch

G. Turner
Health Insurance Expense

Collective Health, from Silicon Valley, is hoping to help mid-sized employers to save money. A new Silicon Valley Startup, Collective Health, is now claiming that it will be able to assist medium size employers in saving money through the use of self insurance, instead of paying higher premiums for group health plans from traditional insurers. The key to the design of the program by the startup is in the software it has developed for covering workers’ costs. According to Collective Health, it has come up with a form of software…

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Insurance Noodle launches new cyber insurance package

S.Vagus
Cyber Insurance

Cyber protection is becoming more important Insurance Noodle, a small but ambitious insurance company, has announced that it is offering a new package of commercial insurance coverage that is designed to protect the risks that are being seen in the technology sector. The new package provides coverage plans for technology professionals, such as programmers, web developers, software designers, and app developers. There are also plans associated with the package that provide coverage for IT consultants and those working with staffing firms. Cyber liability coverage is something many businesses need, but…

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