Hail storms in Iowa and Nebraska test homeowners insurance providers

June 9, 2014June 9, 2014 Logan B.

Natural disasters cause significant damage in both Iowa and Nebraska Insurance companies in Iowa and Nebraska are beginning to field claims in the wake of major hailstorms that occurred in both states. The storms caused major damage to vehicles and property in Iowa and Nebraska, generating thousands of claims that has caused large insurance companies like State Farm to make “staffing adjustments.” The number of claims that insurance companies have received has not yet been revealed. The actual cost of the natural disasters in both states is still being assessed.…

Allstate insurance ranks American cities for most and least likely to have an auto accident

September 3, 2011January 23, 2014 Logan B.

Allstate Insurance has released its annual ranking of the best and the worst cities for traffic accidents… with Washington D.C. ranking as the city with the greatest likelihood of collisions, and Fort Collins, Colorado holding the distinction of having the lowest odds of a crash. In order to rank the cities, the insurer compared the frequency of auto collisions with the population of the city. This provided Allstate with the average driver’s odds of being in an accident. They also compared that likelihood with the average for the country. In…