Tag: financial insurance

Brooke Shields places life insurance value into the spotlight

Nordstrom
Life insurance value - Brooke Shields - Life Happens - YouTube

The actress has partnered with Life Happens to spread awareness about coverage accessibility. Last month, Brooke Shields used a partnership with Life Happens to draw attention to life insurance value and accessibility. Last month was life insurance awareness month and this partnership played a central role. Shields partnered with the non-profit to help push forward the message of life insurance value and accessibility. It was a very direct message: that every family can and should buy coverage to ensure their loved ones are protected if the worst should happen. Death,…

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New crypto insurance products find area of need amid regulator uncertainty

Logan B.
Crypto insurance - Blockchain - Cryptocurrency - Bitcoin

Coverage against rising cryptocurrency theft is needed, but regulators aren’t certain how to manage it. A rising crypto insurance industry has insurers moving quickly to create models and products to offer. At the same time, regulators are left uncertain as to how to handle this very new form of coverage. In 2018, hackers stole $1.7 billion in cryptocurrency in a quickly increasing digital coin theft trend. Cryptocurrency thieves are becoming increasingly successful. With the massive theft rate, the technology is facing considerable harm to its reputation and further barriers to…

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School superintendant charged with health insurance fraud in heartbreaking case

Julie Campbell
health insurance fraud - hand cuffs

The Indiana educator attempted to seek medical treatment for a student by pretending he was her son. An Indiana school superintendant is now facing several health insurance fraud charges. According to police, the Casey Smitherman attempted to use her health plan to pay for a student’s medical treatment by using her son’s name. “My only concern was for this child’s health,” said Smitherman after charges were laid. Smitherman admitted to understanding that she was committing health insurance fraud. “I know this action was wrong,” she said, proceeding to say that…

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IBM and ANZ combine efforts to develop insurance blockchain solution

Marc
Insurance Blockchain Solution - cryptocurrency

The Australia and New Zealand Banking Group intends to improve insurance industry efficiency. IBM has teamed up with the Australia and New Zealand Banking Group (ANZ) to create an insurance blockchain solution. Its purpose is to enhance insurance industry efficiency levels. Also involved in this partnership is Suncorp New Zealand, a financial services firm. The insurance blockchain solution is meant to make it possible for premium payments and data to transfer more easily between insurers and brokers. This could result in a more transparent and much faster process overall. The…

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Google Wallet makes insurance news with FDIC coverage

Julie Campbell
tablet ipad mobile wallet google insurance news

The mobile payments solution from the search engine and tech giant now has government protection. Google Wallet, a smartphone based payment solution has now just become a little bit safer for customers in the United States who would like to ensure that their funds are secure, as there is now insurance news showing that government coverage will be protecting them. The Federal Deposit Insurance Corporation (FDIC) will now be providing coverage to funds held in the mobile wallet. A report recently published by Yahoo Finance announced this insurance news, in…

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