Live Insurance News

Insurance industry jobs get a trendy makeover to appeal to millennials

April 27, 2016April 26, 2016 H. Cutner

Iowa brokerage Holmes Murphy is taking aim at old stereotypes of dullness and daily tedium. The vice president of Iowa brokerage Holmes Murphy, Cameron Burt, is more than familiar with the reputation of dullness that is associated with insurance industry jobs, but at a time when it is becoming difficult to fill these positions, his firm is seeking to show the millennial generation that times have changed. The image of an insurance job doesn’t seem to have changed for two solid generations, losing all appeal. However, Burt and his firm…

Life insurance companies now selling to HIV patients in US and Canada

April 26, 2016July 4, 2020 Julie Campbell

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John Hancock in the United States and Manulife in Canada have both announced the lifting of the exclusion. On Friday, HIV patients received some good news from life insurance companies in the United States and Canada, as John Hancock Insurance and Manulife have both stated that they will be removing their exclusion for these patients. This is the second insurer in the U.S. to make this announcement and the first ever in Canada. On Friday, John Hancock Insurance said that it will be offering its policies to people who are…

Fibromyalgia blood testing covered by rising number of insurance companies

April 8, 2016April 6, 2016 Julie Campbell

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A little-known test that can help to confirm the presence of the condition is now being paid for by insurers. Fibromyalgia is an extremely tricky condition and despite the fact that the vast majority of the conventional medical community accepts that it exists and is looking into discovering the best treatments for patients who suffer from its range of symptoms, insurance companies had previously held back from covering many of the tests associated with diagnosing it. Now, a blood test exists that can help to point to fibromyalgia in many…

LARP insurance policy designed for safer adventuring

April 6, 2016April 5, 2016 Julie Campbell

It can be dangerous being a wizard or warrior on a quest, so LARPers have found coverage in the real world. Live action role playing (LARP) has become a tremendously popular pastime for players across the country and, to an increasing extent, around the world and now these players and their events are able to find an insurance policy to protect them throughout their adventures. Although the costume-clad players are taking part in fictional battles, it is not impossible for real-world injuries to occur. The characters they are playing may…

Professional liability insurance is becoming more popular among American police

April 1, 2016March 30, 2016 Julie Campbell

A growing number of U.S. law enforcement officers are protecting themselves against lawsuits. The largest police union in the United States, the Fraternal Order of Police, has recently reported that law enforcement officers are buying professional liability insurance on an increasing basis as a result of concerns over being sued for their actions while on duty. In the span of one year, running from July 2014 through July 2015, there was a double-digit increase in coverage. Within that span of time, the union reported that members buying professional liability insurance…

Greek insurance market is taking a dive

March 31, 2016March 30, 2016 H. Cutner

The situation in the industry in Greece looks as though the trend is to continue slipping. Last year, the insurance market in Greece took a significant hit as the number of people in the country who cashed in savings based policies broke all previous records of that nature. That trend revealed a solid decline of the state of the insurance industry within the country. This appears to be yet another casualty of the economic crisis in Greece. The reason is that as people have watched their disposable incomes withering, they…

Travel insurance inquiries spike from Zika virus concerns

February 19, 2016February 18, 2016 Julie Campbell

Vacationers and business travelers, alike, are looking into coverage to give them peace of mind. According to a recent data release, calls regarding travel insurance have skyrocketed from airline travelers who are worried about the type of medical care they would receive if they were to be infected with the Zika virus while away from home, how much that care would cost, and whether or not it will provide them with the opportunity to cancel their plans if they are headed into an area where infections are known. People heading…