Live Insurance News

Pet boarding insurance covers businesses watching animal family members overnight

August 5, 2019August 3, 2019 Julie Campbell

pet boarding insurance - dog outside dog house

These animal hotels can be run out of large facilities or may operate right out of a person’s home. Pet boarding insurance is a critical part of any business that allows animal owners to leave their furry family members to stay overnight. These companies are popular options when owners head away on vacation, when they need to stay somewhere that pets aren’t welcome, when homes are being fumigated or during renovations. Business owners can use this type of insurance policy to cover themselves against many liabilities. Managing one or several…

Sexual harassment insurance becomes serious business concern following headlines

November 7, 2017November 4, 2017 Julie Campbell

As many of Hollywood’s most powerful players see a large and growing list of allegations, companies seek coverage. Following the massive headlines made by allegations against Harvey Weinstein, sexual harassment insurance has become a serious topic among businesses. A growing number businesses are seeking to cover their executives as the Hollywood producer and a large number of others in power are accused of sexual harassment and assault. This insurance coverage trend has been growing steadily in recent years but has seen a sudden spike due to headlines. A number of…

Strange insurance claims rise as a result of fur, feathers and creepy-crawlies

April 4, 2017March 30, 2017 Julie Campbell

bedbug animal related strange insurance claims

Everything from peacocks to bedbugs are leading to a rise in filings with insurers in the United States. Strange insurance claims resulting from animal-related incidents are on the rise in the United States. Everything from aggressive peacocks to hotel room bedbugs are sending people to their insurers for reimbursement of their losses. This insurance data was published by Allianz SE in a report based on a recent study it conducted. Strange insurance claims in the United States involving bedbugs rose by 50 percent from 2014 to 2015, according to Allianz…

The cyber insurance market will explode to $10 billion in 5 years

September 8, 2015September 6, 2015 G. Turner

Still, the market remains primarily untapped, despite the tremendous potential it holds. It may not come as a shock to anybody that the cyber insurance marketplace is taking off and that it was recently estimated that by the year 2020, it will be worth about $10 billion, but what is shocking is the speed that it will reach in order to get there. The growth rate that it has been achieving has made it the top product in the commercial insurance sector. The forecast of the worth of the cyber…

Insurance news sparks as Macau Casinos buy coverage against abductions

September 2, 2015September 1, 2015 Julie Campbell

A rash of kidnappings of guests has caused the hotels and gambling destinations to purchase the policies. In a trend that is being blamed on the rough economic struggles being faced on the Chinese mainland, the hotels and casinos of Macau are experiencing a wave of guest abductions that are now making insurance news as these establishments buy policies to cover themselves. The kidnappings of wealthy guests are occurring over the matter of unpaid gambling debts. With the falling numbers of people who head to the Chinese Special Administrative Region…