When researching a specific car model, it’s important to understand its long-term costs. Many reviewers can give you a good idea of which models are prone to failure, a specific model’s fuel economy, or how long its warranty lasts, among other cost-related factors. Insurance is another variable cost that can significantly affect your total cost […]
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Will your health plan pay for an abortion now that the Supreme Court has overturned Roe vs. Wade? Even before the June 24 ruling, insurance coverage for abortion varied widely. Today, the issue is even more complex because states set varying rules – about half of them should limit or prohibit abortion in almost all […]
Maui News Fake agents are illegally selling auto insurance ID cards in Maui, using the names of real agents and legitimate businesses, First Insurance Company of Hawaii warned Wednesday. The maps list FICOH as the carrier and Business Insurance Services as the insurance agency, according to a press release. Dozens of unsuspecting victims […]
Main advantages High customer satisfaction rate After surveying more than 38,000 auto insurance customers, JD Power awarded Amica Auto Insurance the highest award for customer satisfaction among New England area auto insurers in the JD Power study. 2021 on car insurance in the United States. This is the ninth consecutive year that Amica has won […]
The Second Circuit argues that the insurer cannot rely on the exclusions because the waiver was unreasonably delayed when the basis was, or should have been, apparent In December 2015, Luis Alberto was working on a construction project in a building belonging to the insured when a wall collapsed, causing his fatal fall. In December […]
In many industries, an entity will obtain “primary” insurance coverage and “excess” insurance coverage from different insurers. Assuming the loss in question is covered, the excess policy will only be triggered if the monetary policy limits of the primary cover are exceeded by the value of the loss. In Cronos Group Inc. v Assicurazioni Generali […]
In many industries, an entity will obtain “primary” insurance coverage and “excess” insurance coverage from different insurers. Assuming the loss in question is covered, the excess policy will only be triggered if the monetary policy limits of the primary cover are exceeded by the value of the loss. In Cronos Group Inc. v Assicurazioni Generali […]
KUALA LUMPUR: Lalamove, the leading 24/7 on-demand delivery platform, has partnered with Chubb Insurance Malaysia Bhd (Chubb) to offer free personal accident insurance coverage to all Lalamove delivery partners. This program will benefit 50,000 Lalamove delivery partners driving motorcycles, cars, vans, 4×4 pickups and trucks in Lalamove’s coverage areas in Klang Valley, Penang, Johor and […]
If one is a single mother, it is important to know about car insurance. Here’s everything you need to know to get the right coverage for them and their family. How to find the best auto insurance for a single mom Finding affordable car insurance for a single mom can be difficult. Here’s a guide […]
Answer: First of all, the Unified Automobile Loss Damage Policy gives the insurance company the right not to pay compensation or to resort to the insured in the following cases: A) In the event of damage to a motor vehicle due to an accident while the vehicle was driven by a person who was not […]
Hong Kong runners working for food delivery app Foodpanda have asked the company to extend its insurance cover after one died in an accident while not not on duty but was on his way to work. The 59-year-old courier’s family will not receive any payments from the company’s insurance, which only covers accidents during active […]
insurance disruptor Lemonade (LMND 1.12%) has gained popularity in its core businesses of renters, landlords and pet insurance. However, its initial rollout of Lemonade Car – its car insurance product – has been rather slow, despite it being the most potential type of insurance offered by the company so far. Last November, Lemonade announced its […]
NEW DELHI: Artificial intelligence (AI) is poised to transform the auto insurance industry in India, with car sellers and insurers offering AI-powered solutions for policy renewals. For example, Kotak General Insurance Co. Ltd has started using an AI-based vehicle pre-inspection tool in partnership with Inspektlabs for policy renewals. As part of the process, customers can […]
Industry-leading integrated insurance solution enables Carvana customers to seamlessly secure insurance for their vehicle purchase COLUMBUS, Ohio, July 27 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech insurer, and carvana (NYSE: CVNA), the industry pioneer of buying and selling used cars online, today announced […]
A Toronto woman said she was still grappling with grief over the death of her husband last month when she found out her insurance company had raised her premiums. “It really pissed me off because we’ve been with this insurance company for 19 years – 19 years and we’ve never made a claim on the […]
COLUMBUS, Ohio, July 27 Feb. 28, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech insurer, and carvana (NYSE: CVNA), the industry pioneer of buying and selling used cars online, today announced the next evolution of the Root and Carvana partnership that brings a transparent […]
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Florida homeowners won’t lose insurance coverage or face imposed policies if their insurers lose their financial stability ratings, at least during hurricane season. The Florida Office of Insurance Regulation today announced that the state, through the Florida Insurance Guaranty Association and state-owned Citizens Property Insurance Corp., will provide 100% security coverage for any claims not […]
Global Automobile Insurance Market Overview and Analysis: New Jersey, United States, – Automotive Insurance Market Growth 2022: The report is the latest study that provides a comprehensive overview and includes a thin summary of all market related aspects. The report analyzes the growth rate and market value of the global auto insurance industry based on […]
Days after the Insurance Regulatory and Development Authority of India (IRDAI) cleared general insurance companies to issue certain technology concepts for Motor Own Damage (OD), Go Digit General Insurance, backed by Indian cricketer Virat Kohli, launched the launch of “Pay as you Drive”. (PAYD) add-on functionality for Own Damage (OD) car insurance policies. The company […]
BEDFORD PARK, Illinois. (PRWEB) July 26, 2022 First Chicago Insurance Company‘s (FCIC) Commercial Department recently appointed Marc Bissonette as the new Vice President of Commercial Lines Underwriting. Bissonette joins the FCIC of IAT Insurance Group, where he served as Chief Underwriting Officer. Bissonette brings with him more than 35 years of experience in the insurance […]
New Vice-President Commercial Lines Underwriting, Marc Bissonettejoins the expanding commercial lines division of FCIC. BEDFORD PARK, Illinois., July 262022 /PRNewswire-PRWeb/ — The business division of First Chicago Insurance Company (FCIC) was recently named Marc Bissonette as the new Vice President of Commercial Lines Underwriting. Bissonette joins FCIC from the IAT Insurance Group, where he served […]
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Insurance policies are not only difficult to read, they are sometimes downright impossible to understand. Just ask Lori Lugo, an elementary school teacher from Corpus Christi, Texas. She tried to renew an […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best revised the outlook from stable to negative and affirmed the financial strength rating of B+ (good) and the issuer’s long-term credit rating of “bbb-” (good) from Discovery Insurance Company (Discovery) (Kinston , North Carolina). The credit ratings (ratings) reflect Discovery’s balance sheet strength, which AM Best assesses as strong, as well […]
NFU Mutual study finds 82% of building and content policies charge additional fees New research has revealed that more than 80% of home and contents insurance policies have hidden charges that could result in customers paying hundreds of pounds more than expected. According to insurer NFU Mutual, 82% of these policies have additional charges hidden […]
Image source: Getty Images Going without this coverage could be a costly mistake. Key points Many people borrow money to buy cars. Borrowers could end up owing more than the value of the car. It is important to have a specific type of insurance if this happens. Borrowing to buy a car is common, and […]
The Market Research Intellect recently revealed an expert research report titled “AI in the Auto Insurance Market – Latest Trends and Drivers 2022with premium information that encompasses the company’s market size, and therefore current patterns, dangers, conceivable outcomes, and early segments. The market research sheds light on the vital growth momentum that is expected to […]
By Steve Heldon A company offering health insurance has been accused of selling policies to more than 2,000 Michiganders without proper licensing and failing to make timely payments on claims.The Michigan Department of Insurance and Financial Services said on Monday it issued a cease and desist order to Salvasen Health, a Houston-based company, saying it […]
Options continue to dwindle in Florida for those hoping to insure their property through a private company. St. Petersburg-based Bankers Insurance Group said Monday it was pulling out of the Florida home insurance market because it said state lawmakers didn’t do enough in the session. special on home insurance to fight against fraud and litigation. […]
As the world focused on the global COVID pandemic, the United States continued to battle its own unique epidemic. The opioid crisis has gripped the country for more than two decades and has only gotten worse in the past two years. Since the start of the COVID pandemic, nearly 179,000 Americans have died from opioids. […]
SUNBURY – A Dornsife couple were sentenced to 12 months probation on Monday and ordered to pay $62,537.48 at Erie Insurance as well as fines, fees and charges for a disorderly conduct misdemeanor charge after he was charged with burning down a house for profit. Dustin Letterman33, and Marissa Letterman30, were initially charged with two […]
Tax Return Filing: The ITR filing deadline for the 2022-23 tax year is approaching. Notably, the government does not plan to extend the ITR filing deadline from July 31. Therefore, it is important to ensure that you file your ITR on time to avoid penalties. To encourage savings and investment by taxpayers, the IT department […]
Allstate is still losing money on auto insurance, despite rate increases By Dave LaChance on July 25, 2022Insurance Despite an 8.3% rate increase on average across all 50 states, Allstate continues to lose money on auto insurance, according to the company’s second-quarter underwriting results. The carrier said it paid nearly $1.08 to cover claims and […]
The bench of the National Commission comprising Justice Viswanath, presiding member and Surat Ram Maurya, member has said the insurance policy covered loss of the vehicle through burglary, break-in or malicious act. This is a case of theft and the driver’s involvement in the theft will not preclude commission of the theft. In this case, […]
For many people, buying a car is the most exciting time. It is something that people have been dreaming about or working for a long time. The problem here is that once you buy them, the excitement starts to fade as the reality sets in. Another factor that comes to mind is having car insurance. […]
SEBRING — florida the property insurance market is in crisis, but you don’t have to say it Highland County residents who. Like other landowners in the state, local landlords receive cancellation notices from state insurance companies. Insurance Regulatory Office declared insolvent. Marc Friedlanderthe Florida analyst for the Insurance Information Institutesays Universal Property and Casualty, the […]
New Jersey, United States – The commercial auto insurance market research guides new entrants to get accurate market data and communicates with customers to learn about their needs and preferences. He identifies direct business opportunities and helps bring new products to market. It identifies opportunities in the market. It aims to make changes in the […]
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The Illinois PIRG is incorrect in its analysis of what happened to the Illinois auto insurance market as the pandemic swept the country. Those seeking additional premium refunds are focusing only on the short-term period where driving has declined due to COVID-related reductions. That’s not how insurance pricing works, because insurers and regulators are always […]
Re: “Time to fix the Illinois auto insurance market”, Joe Cahill, (July 22): Recently, the Illinois Department of Insurance issued a comprehensive financial information “data call” regarding Illinois-specific auto insurance premium information with the intent of releasing this information on an Illinois-specific basis. the insurer. Despite the lack, in our view, of proper legal authority […]
What determines the customer satisfaction score? There are many customer satisfaction surveys and rating systems available. One of the best known and reputable is JD Power. For more than 50 years, JD Power has provided consumer research, data and analysis. JD Power is best known for its automotive research. You’ve probably seen countless car advertisements […]
The Depp v. understood The trial featured salacious and startling testimony that fascinated the country, but perhaps the most startling aspect of the case was that the insurer of Mrs. Heard’s home insurance policy, Travelers Commercial Insurance (“Travelers” ), has paid its defense against Mr. Depp’s claims. A vice-president of travelers was even spotted several […]
Image source: Getty Images It’s a strategy that made sense to my family. Key points It is important to have reasonable life insurance coverage. While some people like to increase their coverage as their income increases, I choose not to. My husband and I made the decision to buy life insurance after having a baby. […]
Insurance! It’s the word that can become your savior in bad times, isn’t it? Whether you get your assets or get insured, it’s important to consider this. If I talk about insurance for your belongings like a car, the first thing you do before driving the car is to complete the insurance formalities. Well, you […]
One of them finally took the plunge and bought a second car. But now they face another big financial decision: how to insure it. Luckily, there are some things you can do to get cheaper insurance coverage for your second car. In this article, we’ll show anyone how! The different types of insurance coverage for […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best Affirmed Toyota Motor Insurance Company (TMIC) (Cedar Rapids, IA) financial strength rating of A (Excellent) and issuer long-term credit rating of “a” (Excellent). The outlook for these Credit Ratings (ratings) is stable. The ratings reflect TMIC’s balance sheet strength, which AM Best rates as the strongest, as well as its adequate […]
According to a 2022 study by Life Happens and LIMRA, life insurance coverage for Hispanics is lower than for any other race or ethnicity in the United States. Of the 43.4 million Hispanic American adults, 40% are uninsured and say they need it; 11% are underinsured and say they need more, according to the 2022 […]
(The intentional filing and release of property wrongly assumed to belong to the insured did not constitute an accident under the liability policy) (July 2022) – In Ghukasian v Aegis Security Insurance Co., 78 Cal.App.5th 270 (May 5, 2022), the California Court of Appeals for the Second District of California upheld the trial court’s entry […]
>> FLASH SALE OFFER >> Up to 20% off – Until August 20, 2022 >> Hurry up…! Allied Market Research (Portland, Oregon, USA) has released the latest report titled “Home Insurance Market”. home insurance market According to Allied Market Research, the Home Insurance Market the report provides in-depth analysis of the market based on various […]
Demand for travel insurance policies increased in FY21-22 from pre-covid levels in FY19-20, according to a survey by ICICI Lombard General Insurance. The survey, conducted among consumers in Indian markets, analyzed the impact of the pandemic on traveler attitudes and expectations and revealed that travelers are now more receptive to purchasing travel insurance to mitigate […]
Photodynamic Therapy Market 2022 – Opportunities and Strategies – Global Forecast to 2031 Business Research Company Photodynamic Therapy Market 2022 – Opportunities and Strategies – Global Forecast to 2031 LONDON, GREATER LONDON, UK, July 20, 2022 /EINPresswire.com/ — According to photodynamic therapy market analysis, insurance coverage for photodynamic therapy procedures is expected to drive the […]
Get a sample report Buy the full report New Jersey, United States,- The Global AI in the car insurance market The study provides a comprehensive review of the market throughout the projection period. The study covers a variety of sections along with an analysis of events and factors that are likely to play an important […]
In case anyone needs a reminder of the value of flood insurance, the National Oceanic and Atmospheric Administration says there will likely be more than your usual number of powerful storms this year. After Sandy, Irene, Isaias and Ida, you have to assume that one or more of these tropical storms will follow a northerly […]
In an opinion that is the first of its kind before the California Courts of Appeals, the Court of Appeals for the Second District, Division 7, has ruled that certain business losses related to COVID-19 may be covered by the provisions of the policy. business interruption insurance (BII). . Marina Pacific Hotels & Suites, LLC […]
Opinions expressed by Entrepreneur the contributors are theirs. You are reading Entrepreneur India, an international franchise of Entrepreneur Media. Over the past few years, spending on health care has risen sharply, encompassing spending on preventive control, medical insurance, etc. With rising treatment costs, having a health insurance policy has become a necessity to lessen financial […]
The disease can strike anyone at any time in their life. It can affect a person emotionally, physically, and financially. When a person is affected by serious illnesses like cancer, heart attack, etc., one may have to pay a lump sum for diagnostic tests, doctor’s visits, special tests, etc. enormous financial risk. Therefore, having a […]
In light of the increase in infections, living conditions and unique conditions presented by the Covid-19 pandemic, an increasing number of Indians are now opting for multiple health insurance coverages to protect themselves and their families. loved ones against financial loss due to the higher cost of treatment. While this increases claims coverage and flexibility […]
“Okay, so you both loved each other and got married. But have you ever thought whether you’re safe or settled in the real way or not? Have you done your insurance?” a grim-looking man with a worried face says to his couple of friends in a video released by the Insurance Regulatory and Development Authority […]
The need for health protection has increased during the pandemic. Those responsible for a rapprochement with bancassurance continue to see robust growth in insurance coverage as the economy recovers. * NAP photo file The importance of protecting one’s health and having health insurance coverage has been strongly reinforced during the pandemic, hence the prospects for […]
Naomi Bishop Last updated on: Jul 16, 2022 Driving a vehicle is common for people in many professions. Depending on the type of job you have, you may need to purchase a commercial auto insurance plan. While this is the norm for all motorists who have to drive for work, those who are perceived to […]
Jessica Wilson is a researcher and writer who works on consumer law and other issues. OPINION: Insurance companies are constantly inventive in their efforts to attract new customers. In recent years, making products aimed at appealing to younger audiences has taken up more of their time. Among the latest offerings to emerge are income protection-type […]
Commercial Motor Insurance Market 2022 this report is included with the Impact of latest market disruptions such as Russian-Ukrainian war and COVID19 outbreak impact analysis key points influencing market growth. In addition, the commercial auto insurance market (By Major Key Players, By Types, By Applications and Major Regions) Segments Outlook, Business Assessment, Competition Scenario, Trends […]
Home insurance that refuses to reimburse: who is concerned? Has your home been damaged by trees, wind damage, or flooding from a natural disaster, but your home insurance policy has refused to pay for repairs or lowered the estimate damage ? You may need a lawyer to fight for your maximum claim. Tornadoes, strong windstorms […]
After an accident, it is important that all drivers involved report the collision to their respective insurers. This should be done as soon as possible. Drivers must also report the accident to the police. And they should get details of the accident, including the police report and the names of any witnesses. Finally, they must […]
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Building defects from the Celtic Tiger era affect up to 100,000 properties across the state, with a potential bill of $2.8 billion to fix the issues. Unfortunately for the owners of these buildings, there are few options when it comes to trying to find someone to foot the bill, even if an insurance policy is […]
Earlier this year, in Continental Casualty Company v Chubb Insurance Company of CanadaThe Ontario Court of Appeal (“ONCA”) decided a priority dispute between two insurers regarding liability for Statutory Accident Benefits (SAIB) coverage, where a policy provided for a mandatory basic AMA and a other policy a Basic, Mandatory and Optional Enhanced AAM. cover. Key […]
Earlier this year, in Continental Casualty Company v Chubb Insurance Company of CanadaThe Ontario Court of Appeal (“ONCA”) decided a priority dispute between two insurers regarding liability for Statutory Accident Benefits (SAIB) coverage, where a policy provided for a mandatory basic AMA and a other policy a Basic, Mandatory and Optional Enhanced AAM. cover. Key […]
By Sean Marler, Financial Representative, COUNTRY Financial Gas prices, tight budgets and rising inflation – according to a recent COUNTRY Financial survey, 9 out of 10 people are concerned about achieving their financial goals due to the current economy. With expenses being high, many people are looking for ways to save. Because car insurance is […]
Organizations struggle to protect operational technology and are therefore hacked. With cyber attacks Increasing in frequency and severity, demand for cyber insurance coverage is skyrocketing as businesses hope to minimize losses from attacks. According fitch reviewscyber insurance is the fastest growing product segment in the U.S. property and casualty insurance market, driven by a sharp […]
Highlighting “almost incomprehensible growth,” the president and CEO of Citizens Property Insurance Corp. said Wednesday that the state-backed insurer could have 1.2 million customers by the end of the year. Citizens, which was set up as an insurer of last resort, has received a flood of policies over the past two years as private insurers […]
Breadcrumb Links Local News “Because Ukraine is not on the list of countries eligible for the exchange, we have to start the whole (qualification) process from scratch” Publication date : Jul 14, 2022 • 9 hours ago • 3 minute read • 11 comments Albert Bronskyi, a recent arrival from Ukraine, poses in East Village […]
Insurance has become important for everyone. Life’s uncertainties make adequate coverage for life, health and motor vehicles mandatory. Insured persons must pay a high premium for an optimal benefit. However, there are many ways policyholders can secure better coverage while paying less at the same time. Here is an overview of these options for health […]
Citizens Property Insurance Corp. began dropping some homeowners’ policies across Florida because the estimated price of replacing their home after a storm or fire would now exceed a $700,000 replacement value cap. designer491 Getty Images/iStockphoto As inflation drives up construction costs and property values, Citizens Property Insurance Corp. began canceling some homeowners’ policies across Florida […]
A consumer advocacy group says newly released data shows auto insurers have been making excessive profits during the pandemic — and that’s proof Illinois needs to regulate the industry more tightly. Insurers fought against the release of COVID-era auto premium data, which was requested by a coalition of consumer groups and state lawmakers. They wanted […]
Will your health plan pay for an abortion now that the Supreme Court has overturned Roe v. Wade? Even before the June 24 ruling, insurance coverage for abortion varied widely. Today, the issue is even more complex because states set varying rules – about half of them should limit or prohibit abortion in almost all […]
A worker injured in a car accident while on the job will receive payment from his insurance company after the Indiana Court of Appeals ruled that the policy provision that reduced coverage by the amount paid on payment of a workers’ compensation claim was inconsistent with the state’s underinsured motorist status. Donald Kearschner was involved […]
Previous articles in this series have discussed insurance coverage issues that relate directly to wildfire claims, but we have not yet covered how to proceed after a loss. In this article in the blog’s wildfire insurance coverage series, we discuss insurance claim preparation, submission, and negotiation. Preparation of a claim Since different policies provide for […]
Pets are part of the family, and just as you would protect your family with health insurance, you should protect your furry family members with pet insurance. Pet insurance can help pay for unexpected veterinary bills, which can add up quickly. When it comes to choosing pet insurance, there are a variety of factors to […]
Commercial auto insurance OREGAON, PORTLAND, USA, July 13, 2022 /EINPresswire.com/ — Allied Market Research has released a report titled “Commercial Auto Insurance Market by Distribution Channel (Brokers & Agents, Direct Response, Banks & Others) , Coverage Type (Liability and Collision Coverage/Full/Optional Coverage) and Vehicle Type (Light Commercial Vehicle and Heavy Duty Vehicle): Global Opportunities Analysis […]
can you have more than one life insurance policy You are legally allowed to hold multiple life policies, although life insurance companies may be more concerned with your total benefits. Having multiple life insurance policies can give you access to more coverage and greater peace of mind. In this article, we cover what you need […]
Business Features Consumer finance company and digital financial services provider Home Credit Philippines (HCPH) launches Health Secure with COVID-19 coverage. This latest addition to Home Credit Protect’s wide range of products reiterates the company’s commitment to proactive measures to ensure the safety and protection of its customers. Health Secure provides protection not only for personal […]
Unanswered Questions After Dobbs Part VII: Insurance Coverage Issues for Policyholders In our seventh episode of “Unanswered Questions After Dobbs,” Reed Smith’s Reproductive Health Task Force discusses the potential impact of the Dobbs opinion on commercial policyholders. Following the US Supreme Court’s opinion in the Dobbs case, more companies have stepped up to provide benefits […]
FOR THE EDITOR: Michigan’s new auto insurance law has had profound implications for accident survivors, health care providers, taxpayers, and more. Since July 2021, nearly 18,000 seriously injured survivors have lost needed services and more than 100 care providers have closed or are no longer accepting clients without fail. The law imposed a fee schedule […]
Volopay, a corporate card and payment management company backed by Y Combinator, has partnered with Plum, an employee health and insurance platform. The partnership will allow Volopay customers to benefit from and access comprehensive insurance coverage and additional benefits such as teleconsultations and health check-ups. It will also expand access to advanced healthcare benefits for […]
By Shawn Rice (July 11, 2022, 6:59 p.m. EDT) – Business owners who say they suffered civil unrest losses stemming from the killing of George Floyd by a police officer in a nationally publicized incident are looking to the courts for compensation from their insurers, raising a potentially “tricky” coverage issue, experts tell Law360. In […]
Buying the best auto insurance policy can be a daunting task, especially when there are too many options. Below are the parameters we considered to select the best car insurance policies in India. Type of policy coverage (30% of note): It is very important to understand what type of plan to buy because each plan […]
Buying the best auto insurance policy can be a daunting task, especially when there are too many options. Below are the parameters we considered to select the best car insurance policies in India. Type of policy coverage (30% of note): Understanding what type of plan to buy is very important because each plan has its […]
With Covid taking a heavy toll, the importance of life insurance suddenly came to the fore. The industry expected the numbers to rise after this difficult phase. Figures from the Insurance Regulatory and Development Authority’s latest trade statement released recently show that the industry may be moving towards this. According to data from Irdai, the […]
Image source: Getty Images The pandemic has changed the driving habits of many people, especially those working from home. According to a recent study, more than one in four workers (26.7%) now work remotely, five times more than before the pandemic (5.7%). 92% of these employees work remotely at least one day a week. Overall, […]
From changes in auto insurance to rising vehicle sales, here’s a look at the auto sector this week. Mahindra and Mahindra (M&M) have announced their partnership with British International Investment to create a wholly owned subsidiary for its electric vehicle (EV) business. The company is buoyed by its success with back-to-back launches in the SUV […]
09 Jul 2022, 00:34Updated 10h ago By: News 12 Staff Auto insurance industry members are calling on Governor Phil Murphy not to sign a bill passed by lawmakers last month that would raise insurance rates for more than one million New Jersey drivers. “We are talking about safe drivers here. This is not a bill […]
09 Jul 2022, 00:34Updated 2 days ago By: News 12 Staff Auto insurance industry members are calling on Governor Phil Murphy not to sign a bill passed by lawmakers last month that would raise insurance rates for more than one million New Jersey drivers. “We are talking about safe drivers here. This is not a […]
In Medidata Solutions, Inc. c. Federal Insurance Company, 268 F. Supp. 3d 471 (SDNY 2017), confirmed, 729 Fed. Approx. 117 (2nd Circuit 2018), the Court found that insurance coverage existed when a business had been the victim of an email spoofing scheme that resulted in the business transferring funds to the account of a fraudster. […]
An in-depth analysis of AI in the car insurance market Current and emerging trends statistics offer insights into the dynamics of the AI in auto insurance market. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding suppliers and customers, risks posed by various agents, strength of competition and […]
New Delhi-based Insurtech Wingsure said on Thursday it has partnered with state-owned AICIL to promote crop insurance to farmers by leveraging technology and selling policies through its mobile app. The partnership will help Wingsure access over 40 million farmers (4 crores) in India and focus on transforming how farmers mitigate and adapt to climate change […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best placed under review with negative implications the financial strength rating of A- (Excellent) and the long-term credit ratings of “a-” (Excellent) of Topa Insurance Company (Calabasas, CA) and its subsidiary, Dorchester Insurance Company, Ltd. (US Virgin Islands). These companies, which are collectively called Topa Insurance Group (Topa), are wholly owned subsidiaries […]
Members of the Massachusetts House last week passed an emergency bill that would codify the right to abortion and ensure that people who travel to the state for abortions are not prosecuted. House Bill 4930 passed overwhelmingly with a vote of 136 to 17 and was sent to the State Senate for consideration. The bill […]
New Jersey, United States – The car insurance market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative techniques are used by market analysts, […]
Giving way to “archaic” car insurance policies, the Insurance Regulatory and Development Authority of India (IRDAI) has now decided to allow insurance companies to introduce Pay As You Drive, Pay How You Drive and floating (for those who have more than one vehicle) in addition to a car insurance policy based on the owner’s driving […]
Insurtech Wingsure said Thursday it has partnered with state-owned AICIL to promote crop insurance to farmers by leveraging technology and selling policies through its mobile app. The partnership will help Wingsure access over 40 million farmers (4 crores) in India and focus on transforming how farmers mitigate and adapt to climate change and other resource-related […]
Like many other things, car insurance premiums have also increased in India over the years. This is about to change as insurance companies will soon start offering scan-based insurance where there will be a ‘pay as you drive’ option. The premium for car insurance will also depend on driving behavior. Insurance regulator IRDAI announced the […]
Gone are the days when you had to pay a fixed premium each year for your own non-life car insurance policy. The Insurance Regulatory and Development Authority of India (IRDAI) has cleared the general insurer to introduce technology-based add-on policies for personal injury motor insurance policies based on usage and owners driving history. Soon, individuals […]