Other Insurance

5 Benefits of Joining a Professional Insurance Association

5 Benefits of Joining a Professional Insurance Association

You’ve put in the hard work to start your own insurance agency. You have customers who trust you and who give you repeat business. You don’t have many employees, but you have capable and competent producers and support staff on your team. Could you still be missing a critical factor for your continued success? Here’s […]

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Uninsured Illinois Automobile Owners Will Face Severe Sanctions

Uninsured Illinois Automobile Owners Will Face Severe Sanctions

State regulations and penalties in the United States differ when it comes to uninsured driving. As for Illinois, around 12% of local car owners did not have active insurance in 2019. However, choosing to go uninsured in Illinois might lead to substantial fees and strict sanctions.  Minimum Insurance Degree Required By The State Legislation Like […]

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The CEO of Lemonade Daniel Schreiber Assures that the Industry Experiences a Colossal Transformation as It Goes Digital

The CEO of Lemonade Daniel Schreiber Assures that the Industry Experiences a Colossal Transformation as It Goes Digital

There has been a lot of back and forth on the issue of Lemonade Daniel Schreiber reinventing the insurance market. It is undeniable that plenty of other insurance companies are using tech, data, and AI similarly. However, those investing in Lemonade believe in the thesis that insurance is the most disruptive industry on the planet. […]

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The CEO of Medibank, Craig Drummond, Explains Why Private Healthcare Is on the Rise in Time of Pandemic

The CEO of Medibank, Craig Drummond, Explains Why Private Healthcare Is on the Rise in Time of Pandemic

As an aftershock of the COVID-19 pandemic, people have become more aware and conscious of their health and well-being. As a result of stress on government budgets and funding, we also see a bit of funding stress on a public health system in Australia. Widely selective surgical whitelists are blowing up, making the private healthcare […]

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Auto Insurance Exercises Flexibility Under Pandemic Conditions

Auto Insurance Exercises Flexibility Under Pandemic Conditions

Auto owners should expect coverage extension when they cannot get to work without using a personal vehicle.  Drivers would have to typically contact the provider to discuss altering insurance conditions and terms. As an exception, vehicle owners, including those who offer voluntary services, can use their cars without the need to make any adjustments to […]

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What Is Wrong With Cybersecurity Insurance?

What Is Wrong With Cybersecurity Insurance?

Large-scale digitization opens up opportunities for businesses and, at the same time, increases the probability of cybercrimes. Cybersecurity has always been an issue for large enterprises. Today, it requires additional protection, especially with a continued intensification of this alarming trend.  2020 might have been a successful year for cyber-safety insurance, but the crisis that followed […]

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Transfer of Power at Adirondack Regional Insurance Agency

Transfer of Power at Adirondack Regional Insurance Agency

Jan. 1 of 2021 marked another important event for the insurance industry — an acquisition made by Marshall & Sterling. As expected, the deal’s conditions were not released to the public. Currently, the company has representation in over 36 offices across the country and 500+ employees.  In December 2020, the company stated that it had […]

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Pandemic Won’t Make Tough Decisions Easier For Americans with Chronic Conditions

Pandemic Won’t Make Tough Decisions Easier For Americans with Chronic Conditions

It might come as a shock, but a good portion of fellow Americans find themselves in a tough spot amid a tense environment the COVID-19 pandemic created. And while most of us try to navigate our everyday routine during a lockdown, people with chronic health problems have to choose between paying for health insurance and […]

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Why Michigan Car Owners Might Be Overpaying For Their Automobile Insurance

Why Michigan Car Owners Might Be Overpaying For Their Automobile Insurance

Every local driver knows how much it costs to take out insurance in Michigan, or at the very least how expensive it used to be.  Following the latest changes to the formerly obligatory PIP medical benefits, automobile owners can now give up the health-related part of the coverage and significantly reduce their premiums. But what’s […]

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