Mild weather in December threatens the snowmobiling season

Many regions across the country are finding that they are faced with much more rain than snow this year – with several places reaching record breaking average temperatures for the month of November and are ready to do the same for this month – and the result is a delay to the start of the snowmobile season. Bob Meyers, the Maine Snowmobile Association’s executive director, said that he isn’t feeling concerned quite yet. That organization is one of the primary contributors to the snowmobile industry in that state, which is…

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Owners of high value Louisiana homes can now choose customized P&C insurance coverage from PURE

Privilege Underwriters Reciprocal Exchange (PURE) has revealed that has enhanced its offerings for customized coverage through property and casualty insurance for homeowners of high-value, well-built Louisiana houses. According to the chief executive officer and president of PURE, Ross Buchmueller, two of the primary reasons that PURE is so keen to bring its customized services into the personal insurance marketplace in the state is because of the unprecedented investments that have been recently been made into the protection infrastructure of New Orleans and its surrounding area, as well as the professionalism…

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Hiscox launches new terrorism insurance products geared for the health care industry

Hiscox, a specialty insurance company, has launched a new line of terrorism insurance geared for health care providers, hospitals and researchers. Hiscox claims that this is the first insurance product of its kind to be offered in the U.S. It would seem that such insurance coverage would fit well in a nation that has been on heightened awareness for terrorism for the past 10 years. However, no major attack has occurred on U.S. soil since September 11, 2001. Whether Hiscox’s new insurance offering will be successful in light of this…

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Entertainment industry receives coverage from new insurance products at Liberty Company Insurance Brokers

Liberty Company Insurance Brokers, Inc. has announced that it will be expanding its product line – which has been serving businesses and residents in California for almost a quarter of a century – to provide coverage for the entertainment industry. It will be providing services to this new market through the creation of Liberty Entertainment Insurance Services, LLC. This way, the agency will be providing both businesses and individuals in the entertainment industry with forms of coverage that are designed specifically for their unique needs. The new president of this…

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Chubb Service Helps Protect Collector Cars from Fire and Other Storage Hazards

Collector car owners may find it challenging to safely store their vehicles. They can’t stow them away in a safe like jewelry or rare coins. But their collections are every bit as valuable, and often more so. Now, a new loss prevention service from the Chubb Group of Insurance Companies is helping collector car customers better safeguard their investments. To help identify potential hazards at collector car storage facilities, Chubb’s loss prevention specialists are using infrared thermography to scan walls for thermal anomalies that could indicate overheated electrical wiring, leaking…

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Australia gives Obama the unique gift of crocodile attack insurance

President Obama’s visit to Australia’s Northern Territory involved the receipt of a unique gift, as the American head of state was given an insurance policy against an attack by a crocodile. The Northern Territory’s chief minister, Paul Henderson, announced that the American president would receive a government insurance policy that would pay up to $50,000 (AUD) should he be the victim of a crocodile attack. Henderson stated that the president would be receiving total coverage against the unlikely event that there should be a crocodile attack during his stay in…

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Chubb launches interactive Risk Conversation social resource

The Chubb Group of Insurance Companies has announced the launch of its Risk Conversation resource, which provides consumers with an interactive community that addresses struggles to risk management for individuals and businesses. The Risk Conversation resource is available at riskconversation.com, and provides information for prevention, risk assessment tools, and blogs that can help its users to pinpoint, understand, and manage a number of different risks to which they can be exposed in their professional and personal lives. Chubb’s public relations manager, Mark Schussel, said that risk is something that affects everyone…

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