Live Insurance News

Examining the Negative Stigma Surrounding Insurance

July 19, 2014July 18, 2014 Note From The Editor

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Insurance is often considered a necessary evil by many people, but why? The issue is somewhat complex and sometimes difficult to understand for certain due to the myriad opinions that are involved. For many, insurance is shrouded in a negative stigma because of certain philosophical perspectives. For others, the insurance industry makes questionable business decisions that add fuel to ever-present controversy. One thing to understand is that insurance is a for-profit industry. Companies are formed, thrive, and fail based on their ability to do business effectively within a particular market.…

Travel insurance is becoming more expensive for seniors

July 10, 2014July 7, 2014 Julie Campbell

Despite the fact that claims are dropping, the industry is still charging these travelers more for coverage. Vacationers in their late 70s and their early 80s are now finding that travel insurance is costing them more than it once did – even more than people who have recently retired – even though the costs associated with covering those individuals on their holidays has been decreasing. Typically these insurance policies become more costly with age because of a rise in the risk of accidents and health problems. For that reason, when…

Insurance claims pouring in with Arthur rains

July 10, 2014July 8, 2014 H. Cutner

The Atlantic coast of Canada was pummeled with heavy downpours and high winds from the post-tropical storm. The insurance claims are already beginning to be filed in waves that were nearly as heavy as those off the coast following the rampage from post-tropical storm Arthur as it made its way through the Canadian Maritimes. Agents are asking residents of the affected provinces to please be patient and review to their policy coverage. The majority of homeowners insurance policies do cover wind damage, which does not fall under the definition of…

Pool safety is being stressed by Allstate to prevent drowning

June 26, 2014February 28, 2021 H. Cutner

The insurance company has published a number of tips for safely enjoying swimming throughout the summer. Allstate Insurance has recently released a list of tips to help to help to spread awareness about the right actions to take to encourage pool safety so that swimmers will be able to enjoy the water sport that they love while minimizing both their health and their legal risks. The tips that were assembled by Allstate were based on the U.S. Consumer Product Safety Commission (CPSC). With the goal of using pool safety tips…

Insurance company provides communities with catastrophe preparedness education

June 25, 2014June 23, 2014 Julie Campbell

The Allstate Foundation and Points of Light are taking a multi-city tour to help families to be ready. No matter how much we don’t like to think about them, disasters do happen, and the Allstate insurance company has taken part in a tour of several cities, as its foundation works along with Points of Light to provide communities with education about catastrophes and how they can prepare themselves in the event that they actually occur. As many disasters occur without any warning, it’s important for preparation to happen in advance.…