Day: February 4, 2025

From Tweets to Trends: Protect Yourself from Social Media Cancellation

Nordstrom
Social Media Cancellation

New Insurance Policy Offers Coverage for Social Media “Cancellation” The concept of cancel culture has burrowed into modern life, leaving many worrying about how quickly an online misstep—or even a baseless rumor—can upend careers, relationships, and financial security. Now, a London-based insurance firm, Samphire Risk, is stepping in with a unique solution aimed at helping individuals manage and recover from the fallout of being “canceled.” This new policy, aptly named “Preempt,” provides resources and support for navigating a reputational storm rather than traditional financial reimbursement. What Is “Cancellation Insurance”? Cancellation…

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Allstate’s 30% Condo Insurance Hike Sparks Consumer Concern

Live Insurance News
Allstate Condo Insurance

California condo owners are bracing themselves as Allstate, one of the state’s major insurance providers, plans to raise its condo insurance rates by an average of 30% starting in April. This significant increase, authorized by the California Department of Insurance, has left many policyholders questioning how the change will affect their wallets—and what it signals about the broader insurance market. What Condo Owners Need to Know About Allstate’s Rate Changes If you’re one of the approximately 78,000 Allstate condo insurance customers in California, here’s what you can expect. The rate…

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