Insurance Articles

Articles on everything you would like to know about everything insurance related.

cyber insurance

More than re/insurance – protecting society from an unprecedented cyber incident

Moving beyond the realms of insurance and reinsurance, the imperative to shield society from an unprecedented cyber incident is underscored in the Geneva Association’s (GA) recent exploration of the global cyber protection gap. In an interview with Insurance Business, Darren Pain, GA’s cyber director and the author of the report titled “Cyber Risk Accumulation: Fully […]

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flooded homes

US Representative files bill to lower flood insurance costs

A bipartisan effort led by U.S. Representative Vicente Gonzalez, D-Brownsville, and U.S. Representative Nick LaLota, a New York Republican, has resulted in the introduction of the Increased Cost of Compliance Modernization Act. This bill aims to reduce flood insurance costs, enhance coverage for homeowners and property owners in high-risk flood areas, and make improvements to

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What are the optimal life insurance choices for veterans?

Life insurance alternatives for veterans Veterans have a range of life insurance options, some of which are provided by the U.S. Department of Veterans Affairs, such as Veterans’ Group Life Insurance and Veterans’ Affairs Life Insurance. You also have the option to acquire life insurance through a private company or convert your existing Servicemembers’ Group

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Nationwide Insurance awards life-saving grain rescue tools to rural fire departments in North Dakota

In Fargo, North Dakota, Nationwide Insurance is taking a significant initiative to support rural communities across the United States by providing essential grain rescue tools to local fire departments. These tools are indispensable for saving lives in situations where individuals become entrapped in grain, a distressingly common occurrence in rural areas. Just last year, there

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Progressive Insurance hosts transportation giveaway for veterans

Progressive Insurance’s “Keys to Progress®” veteran vehicle giveaway program has been supporting veterans since 2013. This annual event, organized with great pride, involves Progressive employees volunteering across the country. They select vehicles for donation, raise funds, and plan meaningful giveaway events for veterans in need. Event Locations: These vehicle giveaways primarily occur at various Progressive

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driver

Can you buy car insurance in California if you don’t have a license?

In California, it is generally not possible to purchase car insurance if you don’t have a valid driver’s license. Car insurance is typically tied to the driver and their driving history, so insurance companies typically require that the person seeking coverage has a valid driver’s license. If you’re caught driving without a license or insurance

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landlord

Top 3 Landlord Insurance Companies of 2023

In this article, we will examine the three premier landlord insurance providers for 2023. The insurance industry, akin to banking, plays a pivotal role in any advanced economy. This trillion-dollar sector revolves around individuals pooling their resources to establish a financial safety net against unexpected events. Advanced mathematical models, encompassing concepts like probability and stochastic

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The top insurance company catering to the needs of Uber and Lyft drivers for rideshare coverage

Typically, standard personal car insurance policies do not provide coverage while you are actively engaged in driving for a rideshare service or a transportation network company (TNC). Although companies like Uber and Lyft offer some insurance coverage during specific trip phases, having your own auto insurance policy with rideshare coverage can offer more comprehensive protection.

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