Author: Julie Campbell

Julie Campbell has been writing professionally for over 15 years, following a brief career in the insurance industry, in which she took emergency claims while guiding and supporting policyholders through some of the most difficult moments in their lives. Today, she reports on the latest stories and most recent news in the insurance industry, with a particular focus on how current events are impacting everyday people. Follow Julie Campbell on Google+

Home insurance companies remind customers to use these tips to avoid claims

Julie Campbell
Home insurance - Tips for Consumers

Weather-related claims are high at this time of year, but insurers hope prevention will help. Though springtime is still a few weeks away, the fluctuation of weather between winter and spring trends can cause issues that lead to damage and therefore home insurance claims. With the addition of extreme weather events, this time of year can be particularly damaging. Home insurance companies have been releasing tips to customers in the hopes that a bit of prevention will go a long way in reducing the risk of damage from the types…

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These are the top auto insurance complaints, says California Deputy Commissioner

Julie Campbell
Auto insurance - Complaints loading

The DOI’s Tony Cignarale recently discussed the leading issues filed about coverage or insurers. The California Department of Insurance (DOI) Deputy Commissioner Tony Cignarale recently spoke about the most common auto insurance complaints handled by his department. The discussion also announced a special session in which repair shops could file complaints. The special session for auto insurance complaints was held at a Society of Collision Repair Specialists (SCRS) open board meeting. It was held in Palm Springs, California ahead of the Collision Industry Conference (CIC). Cignarale is the Consumer Services…

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Nikola D&O liability insurance problems are holding up settlements

Julie Campbell
Liability insurance - Law

The zero-emission vehicle maker intends to resolve claims, but its insurers aren’t budging with approvals. Nikola Corp, the electric and hydrogen fuel cell vehicle company, is resorting to a Delaware court with claims that its directors and officers (D&O) liability insurance companies are getting in the way of settlement proposals from being completed in the Court of Chancery, the District of Delaware, and the District of Arizona. The automaker filed a complaint in the Complex Commercial Litigation Division of the Delaware Superior Court. In Nikola Corp’s suit, it said that…

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Insurance industry reform call by Hillary Clinton at COP28 climate panel

Julie Campbell
Insurance industry - The word Reform

The former US Secretary of State said that it’s time for countries to “rethink” the coverage sector. Former US Secretary of State Hillary Clinton spoke at a COP28 climate panel at the start of this month, calling for insurance industry reforms. The purpose is to address the sector’s issues as insurers increasingly withdraw protection against climate perils. Among the countries and people most impacted by climate change are those in lower-income nations. They also face the greatest struggle to access coverage to protect themselves against economic effects. “We need to…

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Holiday season travelers are purchasing travel insurance for many reasons

Julie Campbell
Travel insurance - Airplane holiday travel

Whether they’re visiting family, going on a winter adventure, or getting away from it all, travel insurance coverage matters. Though heading on a trip during the winter can be a fantastic way to get together with those you love or get away from everyday life, travel insurance is increasingly valued to help protect against the many risks and challenges that can go with heading away from home. Though there are risks to trips at any time of the year, winter comes with its own bundle of hazards. It doesn’t take…

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Florida’s top earners pay hundreds of thousands in homeowners insurance premiums

Julie Campbell
Homeowners insurance - Raining Money - Umbrella

Some billionaires in the state are paying as much as $622,000 per year for property coverage. Florida’s mega rich may own massive properties and huge mansions, but this doesn’t mean that they are able to escape the skyrocketing homeowners insurance premiums the state has been facing. In fact, billionaires in the state are paying hundreds of thousands of dollars for their coverage. According to a recent Bloomberg report, owners of some of the largest mansions and properties in the state are paying massive homeowners insurance premiums every year. The report…

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Insurance companies face probe into fossil fuel industry funding behaviors

Julie Campbell
Insurance Companies - Fossil Fuel Investments

US lawmakers are investigating a possible contradiction in investments made by insurers. Insurance companies have been whittling down the coverage they provide in states facing extreme climate risks because the risks in those locations are considered to be too costly for their businesses to survive. However, lawmakers say several insurers are making these claims despite continuing to invest in fossil fuels. US lawmakers have therefore launched an investigation into seven large US insurance companies for pointing to climate change as a reason for reducing coverage in certain states, while continuing…

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