Live Insurance News

Businesses of all sizes can benefit from cyber liability insurance

June 22, 2021July 20, 2021 Nordstrom

Quality coverage includes both first-and third-party financial losses from cyberattacks in various forms. These days, it’s virtually impossible to fail to understand that a cyber liability insurance policy could benefit any company that does business online to any degree and in any way. Also known as cyber risk insurance or just cyber insurance, it protects against security breaches. Headlines announcing various types of hacks, data breaches, ransomware and other cyberattacks have become commonplace. No company, organization or even government is entirely safe from a particularly determined and skilled cybercriminal. That…

Mercury Insurance seeks to dispel California wildfire myths

June 22, 2021June 21, 2021 H. Cutner

The season is lining up to be a record breaking one and the insurer hopes residents will inform themselves. Mercury Insurance has taken to its newsroom and has enlisted the help of expert Douglas Kent in the hopes of helping Californians to dispel some of the most commonly believed wildfire myths. As the blazes are being accepted as a normal part of living in the state, residents need the facts. The first among the wildfire myths that was addressed right away in the insurance company’s recent publication on its site…

Affordable Care Act challenge dismissed by Supreme Court

June 21, 2021June 18, 2021 Marc

The justices turned down the Republican state-led challenge to the health care law. At the end of last week, the Supreme Court dismissed the challenge to the Affordable Care Act. This left the law intact, keeping millions of Americans’ health care coverage in place. The justices rejected the former Trump administration and Republican-led states’ effort to block the law. The challenge to the Affordable Care Act led by Republican states and the former Trump administration sought to have the justices block the law in its entirety. According to the Supreme…

FEMA recommends flood insurance coverage even outside flooding zones

June 18, 2021June 16, 2021 Logan B.

The Federal Emergency Management Agency says that if it rains, there is also a risk of flooding. The Federal Emergency Management Agency (FEMA) is recommending that home and business owners purchase flood insurance regardless of whether they live in a high-risk zone. FEMA said flooding is the most common and expensive natural disaster in the United States. According to FEMA, flood insurance is not covered under most standard home and business policies. That said, flooding poses the risk of destroying structures and possessions of a home or business in a…

3 Large Life Purchases That Require Forethought

June 17, 2021June 17, 2021 Guest Author

Even the things in life that are assumed still require some forethought. Often thinking ahead is something that can also enrich your overall experience since you have given yourself and anyone else involved time to weigh pros and cons, and also save money if needed. Acting on impulse can be exciting sometimes but for some of life’s larger events you might have regret if you simply act on adrenaline. Like anything, finding a balance between impulse and planning is going to yield results that suit your bigger picture as well…

Allstate survey shows motorists shut off nuisance driver assistance technology

June 17, 2021June 16, 2021 Julie Campbell

Driver assistance technology - Car with GPS tech

As vacation season begins in Canada, the insurer is encouraging motorists to use the tech properly. Vacation season is heading into full swing in Canada, where a recent Allstate survey has found that motorists are annoyed by driver assistance technology and have been shutting it off. The insurance company is hoping to emphasize the importance and benefit of using the tech as recommended. To an increasing degree, vehicles are being equipped with driver assistance technology as a standard feature. These include vehicle proximity alerts, rear-view cameras and others. Some of…

Strategic Wealth Management is an Insurance Policy for Old Age

June 16, 2021 Guest Author

With more people living longer and healthier than ever before, it is highly recommended that you have a clear financial plan for your retirement years. Worldwide there are 901 million people over the age of 60, and most of these people will live healthy lives. The odds, and the natural cycle of life, mean that you too will join this age group at some point and thus should be prepared. It is the underlying premise of all insurance and perhaps the most pressing pre-planning that many will need to do.…