Live Insurance News

USAA insurance advertising withdrawn from Fox News

May 30, 2017May 29, 2017 Julie Campbell

The insurer which covers American military members and their families pulled its support for the show. USAA insurance advertising support was withdrawn from Fox News following Sean Hannity’s coverage of Democratic National Committee staffer Seth Rich’s murder. Hannity’s reportage introduced his own theory about the case, despite the fact that it conflicted with police reports. Police investigating the case determined that Rich was murdered as a part of a robbery that went gravely awry. However, Hannity reported his own theory that the murder was deliberate in order to silence the…

New life insurance rules could make rates noticeably cheaper

March 20, 2017March 17, 2017 Marc

People who have hesitated to purchase a policy may find that they have new motivation on its way. Changes to life insurance rules in all states except three are more than likely to bring rates down by a considerable amount. There have already been at least two insurance companies that have decreased their term life policy rates and other insurers are expected to follow. The regulations involve telling insurance companies how much money they must keep in reserve. The two insurers that have already implemented rate decreases in part resulting…

Auto insurance offered for ride share drivers by USAA

March 3, 2015March 1, 2015 Julie Campbell

The insurer based in San Antonio has released a statement that said it would extend a driver’s existing policy. USAA has now announced that it will be giving drivers for ride sharing programs, such as Uber and Lyft, the opportunity to extend their current auto insurance in order to protect them while they are with a fare. This coverage would broaden the deductibles and the coverage for a nominal additional monthly fee. According to the auto insurance company, the expanded coverage would cost an additional $6 to $8 on average.…

Drones may be coming to the insurance industry

October 9, 2014October 7, 2014 Marc

Insurance industry standards and technology

California insurer wants to use drones to expedite the claims process after natural disasters An insurance company operating in California wants to use unmanned aircraft to speed up the claims process associated with natural disasters. In the wake of a natural disasters, such as a major flood or earthquake, insurers often deploy claims adjusters to help policyholders file claims. This can be a time consuming process, depending on the severity of the disaster, and the longer the claims process takes, the more money an insurer is spending on the matter.…

The Most Comprehensive Insurance Telematics Conference & Exhibition

August 16, 2013April 19, 2014 Guest Author

Telematics Update: 60+ Insurers including Progressive, Allstate, USAA and Liberty Mutual Already Confirmed to Attend Insurance Telematics USA 2013 Telematics Update has announced that with a month until the Insurance Telematics USA 2013 Conference (4-5 Sept, Chicago), 67 underwriters, pricing, marketing and product directors from leading insurance companies such as American Family, Farmers, State Farm and USAA have already signed-up to attend. Over the past 13 years, Telematics Update has built an in-depth knowledge on all things telematics, focusing on how these technologies can be utilized by the insurance space.…