That year was the first time in the insurer’s 102 years that it failed to bring in a profit The USAA insurance company has announced that it brought in a net income of $1.2 billion in 2023, following a rough 2022, in which it posted a net loss of $1.3 billion. The figures were released this month Even though the insurance company faced similar challenges that caused it to post a loss in 2022, it still managed to turn a profit. The 2022 losses were the first time in the…
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Are Automated Driving Features in Your Car Really Safeguarding You?
The rise of automated driving features has promised a future of hands-free convenience and enhanced safety. But are these advanced systems living up to their assurances, keeping drivers out of harm’s way? A recent study conducted by the Insurance Institute for Highway Safety (IIHS) forces us to confront the efficacy and safety of these technologies head-on. Partial Automation, Full Concerns Study Highlights Only one of 14 partially automated systems tested earned an “acceptable” rating. The majority of systems received a “poor” rating; none received a “good.” Marketing by some automakers…
Read MoreWhat Types of Insurance Do Storage Companies Need?
Storage companies provide a valuable service to individuals and businesses alike, offering a safe and secure place to store belongings. However, like any business, storage companies are exposed to a variety of risks. From fires and floods to theft and vandalism, there are many things that can go wrong and damage the property stored in their facilities. That’s why it’s important for storage companies to have the right insurance in place. Insurance can help storage companies avoid losing money if something bad happens. By having the right insurance coverage, storage…
Read MoreUnderstanding the Importance of Updating Your Insurance When Moving
Moving to a new home is an exciting adventure, but amidst the hustle and bustle, it’s crucial not to overlook the importance of updating your insurance policies. Whether you’re relocating across town or to a different state, reviewing and updating your insurance is essential to protect your assets and minimize risks during the transition. In this article, we’ll delve into why updating your insurance when moving is vital and provide you with valuable insights and practical steps to ensure you have the proper coverage in place. 1. Understanding Insurance Policies…
Read MoreWhy Is Pet Insurance So Important?
There are many forms insurance that an average person will have, including home, car, and medical insurance. Yet when it comes to pet insurance, this is something that can be forgotten at times. However, there are many reasons why having pet insurance is incredibly important, and after reading this blog, hopefully, you’ll understand why pet insurance is absolutely necessary when you have any kind of pet. Read on to find out more. Pet Insurance Saves You Money If your pet is injured or becomes sick, you will need to take…
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