I found this article and thought it actually has some great advice. Take a look!
We are all concerned with saving money and it is important to shop around when looking for insurance coverage. However, simply reducing your coverage or dropping important coverages altogether can leave you dangerously underinsured in the event of a disaster.
My wish is for Travis Akin, of the misleadingly named Illinois Lawsuit Abuse Watch, to tell the truth, just once, about our civil justice system and the essential role it plays in holding reckless drivers, polluters, careless professionals and negligent companies responsible for the injuries they cause.
Akin’s true goal, when he is unmasked as a lobbyist for big industry and insurance companies, is to deny citizens access to the courts that their tax dollars fund.
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, American Electric Power Company, Inc. (Symbol: AEP) has taken over the #175 spot from Allstate Corp. (Symbol: ALL), according to The Online Investor.
Insurers operate in a world of unstructured and unsorted data with gigabytes of information at their disposal, some of which is barely used. The latest analytical tools, advances in computing power and a new breed of data scientists are helping firms make more use of this powerful resource in their risk management. Clive Davidson reports
A day after a federal grand jury handed down a criminal indictment against PG&E for alleged violations connected to the deadly 2010 pipeline explosion in San Bruno, city leaders on Wednesday voiced their frustration with what they said was a meager response by the utility in accepting responsibility for the tragedy.
Despite all the hubbub in Washington, D.C. about the sequester, military cuts and a proposal to raise the minimum wage. Sen. Mark Udall, D-Colorado, hasn't forgotten that the 2014 fire season is upon us.
In letters sent today, Udall urged the Air Force and Forest Service "to swiftly repurpose military aircraft to help fight future wildfires in Colorado and across the West," his office said in a news release.
Nearly 17 months after Superstorm Sandy, we are finally getting some official accountability for the handling of the disaster by the state’s Division of Homeland Security and Emergency Services.
The division, known as DHSES, apparently doesn’t like criticism. It has suppressed two previous reports that raised questions about the way equipment was procured and the division’s overall performance during and immediately after the October 2012 tragedy, which killed 48 people in New York state and caused more than $72 billion in property damage.
In my last post, I discussed how Xactimate’s pricing is going down while national building material prices are going up. One theory I advanced was that insurance companies are the largest customers of Xactimate and therefore Xactware is simply giving its customers what they want. This video does prove that:
SAN FRANCISCO (AP) — Pacific Gas & Electric Co. said Thursday the company will likely face federal criminal charges for its role in a fatal gas pipeline explosion in the San Francisco Bay Area.
A disclosure document filed with the Securities and Exchange Commission by PG&E Corp. and its subsidiary said the company expects the federal government will bring criminal charges against the utility in connection with the Sept. 9, 2010, explosion of its transmission pipeline in San Bruno.
Arizona hail damage losses are being hotly litigated by the insurance industry. Last week, Farmers was hit with a $1,904,000 punitive damage verdict for failing to adjust a hail damage claim in good faith. The compensatory damages were $952,000.
(Bloomberg) -- Lloyd’s of London, the world’s oldest insurance market, reported its biggest annual profit in four years as natural catastrophe claims declined.
Pretax profit increased to 3.2 billion ($5.3 billion) in 2013 from 2.8 billion pounds the previous year, the London-based market said in a statement today. Lloyd’s paid out 86.8 pence in claims and operating expenses for every pound it took in in premiums, compared with 91.1 pence in 2012.