Tag: insurance coverage

Does Commercial Insurance Cover Damage to Solar Panels? A Comprehensive Guide

Guest Author
commercial insurance and solar panel coverage

With the growing popularity of solar energy, more and more businesses are making the switch to solar panels. This eco-friendly and cost-effective energy source offers numerous benefits, including reduced energy bills and a smaller carbon footprint. However, like any investment, solar panels are not without their risks. One of the most important considerations for any business owner with commercial solar PV panels is their insurance coverage. In this guide, we will explore the crucial question: does commercial insurance cover damage to solar panels? We’ll delve into the complexities of insurance…

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German regulator mislead by Greensill on insurance deal, says IAG

Nordstrom
Insurance deal - Mislead - keyboard button

According to the accusation, the dupe was mean tot help reduce the unit’s capital requirements. One of Greensill Capital’s insurers has alleged that the failed lender duped German regulators regarding an insurance deal in an effort to try to shrink its Bremen-based unit’s capital requirements. Greensill investors are currently suing the Insurance Australia Group (IAG) as they face billions in losses. The investors have accused defunct Greensill supply-chain finance group of hiding that it did not have the insurance deal in place that they were led to believe. Instead, the…

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Does Gadget Insurance Cover Used Smartphones?

Guest Author
used phone insurance and how to look for the right coverage

An increasing number of people are realising the benefits of gadget insurance when it comes to protecting their valuable electronic devices. With the growing reliance on smartphones for everything from communication to navigation, having adequate coverage is often considered a prudent financial decision. However, as is the case with any insurance policy, it’s crucial to understand the terms and conditions to avoid any unpleasant surprises down the line.  This guide explores one specific area of concern for many consumers: whether or not gadget insurance policies extend to used or pre-owned…

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Will heat insurance help protect the poor against extreme temperatures?

G. Turner
Heat insurance - Thermometer

As climate change makes the world hotter, the poorest workers in the world might benefit from coverage. By April near Ahmedabad, India, temperatures had already reached 100ºF, an extreme being linked to trends relating to climate change, and one against which heat insurance has the potential to protect affected workers. Everyone from physical laborers to people selling products affected by heat could potentially benefit. Last year, temperatures there reached 114.8ºF, at a peak becoming increasingly commonplace, as 2016’s peak was an even higher 118ºF. That location is far from the…

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Insurance spending will double in the next decade, says Lloyd’s of London

H. Cutner
Insurance Spending - Lloyd's of London Building

Chief exec John Neal has predicted that a greater risk perception like bank failures will drive the trend. Global insurance spending will probably reach the point that it has doubled in the coming decade, mainly driven by an increased risk perception, said Lloyd’s of London CEO John Neal. Climate change and bank failures have reminded the world of the size of potential risks. “Financial risk,” on the heels of bank failures in Europe and the United States, in addition to systemic risks, such as climate change and pandemics, are expected…

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4 Questions You Should Ask Your Insurance Company Before Deciding On A Palliative Care Facility

Guest Author

Moving a loved one into a palliative care facility is never easy. There are many things to consider, and you want to make sure that you are making the best decision for your family member. One thing that you should do before making a final decision is to speak with your insurance company about hospice medicare billing. They may have specific requirements or restrictions on which facilities they will cover. This article will discuss five questions that you should ask your insurance company before deciding on a palliative care facility. What…

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Types of Car Insurance Coverage in the U.S.

Guest Author

Car insurance plans, unlike health insurance, consist of various categories of coverage, each of which has a unique set of fees and benefits. Because drivers can typically choose different coverage amounts for various elements, it’s crucial to understand which types of insurance are appropriate for you. Types of Insurance Coverage 101 Before diving in and selecting an insurance coverage plan, you have to ask yourself some questions: How can you know which option to go for? Is it a legal requirement in your state to have coverage? Is there a…

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