Are you excited because the temperature is getting cold outside? If so, you may be looking forward to a lot of winter weather activities. Unfortunately, one activity that is not fun during the winter is driving. If there is a lot of winter weather taking place outside, then you should try to avoid driving unless you have to. Sadly, there might be situations where you have to go out during the winter. If that is the case, your car might suffer hail damage. It can be frustrating to see hail…
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Five Things to Consider Before You Invest In Business Insurance
The fine line between total loss and sustainability is a measure of the risk a business possesses. Entrepreneurs take up business risks in expectations for future gains and rewards. This means that all companies, regardless of their industry or operational nature, are continually exposed to financial risk. Unforeseen expenditures or unaccounted financial burdens are ordinary in every small and large business. While some industries may be less risky than others, unfortunate events are common occurrences and can have devastating consequences on one’s business. What should business owners do to protect…
Read MoreShould I Decrease My Car Insurance Coverage While Working from Home?
Now that so many of us are working from home, our daily commutes have been altered drastically. Once we may have been driving over an hour or more to and from work everyday, where now we only stop by the grocery store every week or so. Auto insurance is designed to reflect your current circumstances and cover you from the risks you face on your everyday commute. Well, that commute may not look the same as it once did. Auto insurance is still an essential financial protection as it covers…
Read MoreUnderstanding the Cost Of Insurance: Trike Versus Standard Two-wheel Motorcycle
There is little that can compare to the feeling of freedom you get when on your motorcycle. The road winds ahead, a series of curves to be negotiated and mastered. Stress and issues disappear as you merge yourself with your machine and disappear into the horizon. But, there is a set procedure that needs to be followed in order to get a motorcycle license. Some people choose to skip this and, because they already have a car license, opt for a trike instead. Once you’ve decided which type of machine…
Read MoreThe Allstate Corporation boosts support to business ownership diversity
The insurance company has focused on a corporate bond offering comprised exclusively of MWVBEs. The Allstate Corporation recently priced $1.2 billion of 5-year and 10-year senior notes via a syndicate comprised of exclusively minority-, women-, and veteran-owned business enterprises (MWVBEs). The insurance company’s move represents a first of its kind bond offering of this size. The Allstate Corporation’s bond offering is the first of this size with exclusive management by MWVBEs. It represents a substantial step in underscoring the insurance company’s focus on diversity and equality. “It is time to…
Read MoreLemonade IPO takes off by 132 percent in first day of trading
The tech-driven insurance company’s initial public offering proved to be a great success. Investors proved highly enthusiastic over the Lemonade IPO that took place on Thursday, sending the company’s share up by more than 130 percent on its debut trading day. The newly public firm is a tech-driven insurance company focused on digitizing the customer experience. The Lemonade IPO placed the spotlight on this insurer that has provided consumers with a fully digitized experience for purchasing and managing various forms of coverage. The company has Softbank’s backing and had originally…
Read MoreLloyd’s of London’s first electronic insurance exchange to begin testing
The massive British marketplace will be piloting this new online technology strategy. Lloyd’s of London has announced the start the testing phase for its first electronic insurance exchange. The technology is meant to handle simple coverage risks, said the marketplace in a strategy update earlier this week. The 330-year old company is seeking to take important steps to modernize itself. Lloyd’s, which first opened in 1686 out of a coffee house, is seeking to use modern strategies to become considerably more efficient. It is looking to use technology to reduce…
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