Insurance coverage problems force cancellation of pumpkin flinging contest in Delaware

pumpkin festival insurance coverage

The annual event has now been shut down because of issues in finding an affordable policy. The annual pumpkin flinging contest in Delaware has now been cancelled for the second year in a row because the organizers of the World Championship Punkin Chunkin said that they were unable to find insurance coverage. The event had been scheduled to take place at the Dover International Speedway in November. The insurance coverage issue is not the first to cancel the event, as it cancelled the Punkin Chunkin last year, as well. Before…

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The Bill Cosby lawsuit filed by AIG is “draining” the celebrity’s resources

bill cosby lawsuit insurance coverage

The entertainer’s lawyers have stated that financial drains are decreasing his ability to successfully defend himself. The lawsuit that was filed by American International Group (AIG) against Bill Cosby has been considerably “draining” on the resources of the celebrity, who is now saying (by way of his lawyers) that this is seriously cutting into his ability to present a successful defense for himself against the allegations of sexual abuse. The reason is that Cosby is currently being required to defend himself simultaneously against several suits. Lawyers representing Bill Cosby told…

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Pet insurance is extremely unpopular in India

pet insurance

According to recent figures, there are very few animal owners in the country who have purchased coverage. Pet insurance is a very unique type of coverage in that there are parts of the world where it has become exceptionally commonplace, and there are others where it has remained virtually nonexistent. India has fallen into that second category, as few owners have chosen to buy health insurance for their pets. This type of coverage helps to cover bills such as those for veterinary visits, medical treatments, surgeries, and even certain medications,…

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AIG makes insurance news with new high end clothing coverage

AIG Insurance company CEO - Building in Manhattan

The insurer is releasing a new product to help to boost its business from high net worth personal lines customers. American International Group (AIG) has revealed its latest insurance news that the latest component of its strategy to increase its appeal to high net worth personal lines policyholders, it will be releasing coverage for high end designer clothing. This will provide people with an insurance policy that goes above and beyond the standard homeowners coverage. More specifically, the insurance news is about the “wearable collections coverage”, which provides additional coverage…

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American Olympians finally have an insurance policy that qualifies

insurance policy news olympic hockey NHL

The plan covering the team had not been meeting the standards of the Affordable Care Act. The U.S. Olympians have now finally managed to obtain qualifying health insurance policies, following an agreement between the U.S. Olympic Committee and the government with regards to their coverage status. Until this time, the health plans for the athletes and their dependents was not up to the ACA’s requirements. There are approximately 850 athletes and about 225 dependents that are enrolled in the special health insurance policy plans through the U.S. Olympic Committee (USOC)…

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