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23/08/2021

August 23, 2021 Gold bullion U.S. Global Investors After 20 years, the longest war in U.S. history is finally coming to a (clumsily handled) close. The war on Afghanistan’s o***m poppy production, on the other hand, looks set to escalate, at a potentially great expense to taxpayers. In case you don’t know, Afghanistan produces a lot of the stuff. The United Nations Office on Drugs and Crime (UNODC) estimates that the country is responsible for a whopping 85% of global poppy supply, much of which is used to make morphine, codeine and he**in....

http://bannerlifeinsurance.icu/gold-an-attractive-insurance-policy/

August 23, 2021 Gold bullion U.S. Global Investors After 20 years, the longest war in U.S. history is finally coming to a (clumsily handled) close. The war on Afghanistan’s o***m poppy production, on the other…Read More

23/08/2021

Now that travel is ramping up, insurance companies are reminding people about the importance of travel insurance. Now, that doesn’t just cover lost luggage and emergency services, but some companies are now adding a COVID-19 policy to ensure you’re covered whether you’re traveling out of state or out of country. ”If you buy COVID 19 policy it covers you for emergency medical related to COVID-19 anywhere in the world when you traveling outside of the US and this policy also has quarantine benefits so if you are traveling outside of the US and you contract COVID-19 and you have to quarantine your meals and accommodations would be included in this policy as well so it would cover you for that.” says Omar Kaywan, Goose Insurance Co-founder....

http://bannerlifeinsurance.icu/insurance-companies-encourage-covid-19-specific-insurance-when-traveling/

Now that travel is ramping up, insurance companies are reminding people about the importance of travel insurance. Now, that doesn’t just cover lost luggage and emergency services, but some companies are now adding a COVID-19…Read More

SPRINGFIELD – Illinois patients can follow their doctors’ recommendations without worrying about burdensome costs under ...
23/08/2021

SPRINGFIELD – Illinois patients can follow their doctors’ recommendations without worrying about burdensome costs under a new law championed by State Senator Adriane Johnson (D-Buffalo Grove) to require insurance companies to cover medically necessary colonoscopies. “Most people should get regular colonoscopies starting at age 45, but if you have a family history of colon cancer, your doctor may recommend screenings earlier,” Johnson said....

http://bannerlifeinsurance.icu/insurance-must-cover-doctor-recommended-colon-cancer-screenings-under-johnson-law/

SPRINGFIELD – Illinois patients can follow their doctors’ recommendations without worrying about burdensome costs under a new law championed by State Senator Adriane Johnson (D-Buffalo Grove) to require insurance companies to cover medically necessary colonoscopies.…Read More

Getty Climate change is causing massive destruction across the US and the rest of the world. Bill Gates warns it could b...
23/08/2021

Getty Climate change is causing massive destruction across the US and the rest of the world. Bill Gates warns it could become just as deadly as COVID-19. Last year was the fifth warmest year on record and saw 22 events, including record numbers of hurricanes and wildfires, that individually caused over a billion dollars in damages -- making natural disaster insurance coverage more important than ever....

http://bannerlifeinsurance.icu/natural-disaster-insurance-how-to-protect-your-home-during-hurricane-and-wildfire-season/

Getty Climate change is causing massive destruction across the US and the rest of the world. Bill Gates warns it could become just as deadly as COVID-19. Last year was the fifth warmest year on…Read More

Despite the economic ravages of the COVID-19 pandemic, the percentage of adults in the United States without health insu...
23/08/2021

Despite the economic ravages of the COVID-19 pandemic, the percentage of adults in the United States without health insurance held steady at approximately 11 percent, a new analysis shows. Researchers saw large shifts in the source of coverage for many people, as pandemic-related layoffs decreased the number of people receiving health insurance through their employers and increased enrollment in public coverage programs....

http://bannerlifeinsurance.icu/percentage-of-americans-without-health-insurance-held-steady-throughout-pandemic/

Despite the economic ravages of the COVID-19 pandemic, the percentage of adults in the United States without health insurance held steady at approximately 11 percent, a new analysis shows. Researchers saw large shifts in the…Read More

Rail News Home Passenger Rail 8/23/2021 Rail News: Passenger RailThe American Public Transportation Association (APTA) i...
23/08/2021

Rail News Home Passenger Rail 8/23/2021 Rail News: Passenger Rail
The American Public Transportation Association (APTA) is recommending a commuter-rail insurance program be established at the U.S. Department of Transportation to provide insurance to commuter-rail agencies. The recommendation is based on APTA's recently released report, "Recommendation on Commuter Rail Liability Insurance." The report outlines how the commuter-rail insurance market has become significantly more expensive and has much less capacity in terms of insurers willing to participate....

http://bannerlifeinsurance.icu/rail-news-apta-recommends-commuter-rail-liability-insurance-program-for-railroad-career-professionals/

Rail News Home Passenger Rail 8/23/2021 Rail News: Passenger Rail The American Public Transportation Association (APTA) is recommending a commuter-rail insurance program be established at the U.S. Department of Transportation to provide insurance to commuter-rail…Read More

The COVID-19 pandemic has played a major role in heightening Americans’ awareness of mortality and its attendant expense...
23/08/2021

The COVID-19 pandemic has played a major role in heightening Americans’ awareness of mortality and its attendant expenses. The average traditional North American funeral costs between $7,000 and $10,000, including services at a funeral home, burial in a cemetery, and the installation of a headstone.
LARGO, Fla. (PRWEB)
August 23, 2021
COVID-19 has brought about many changes, including facing one’s own mortality....

http://bannerlifeinsurance.icu/pandemic-mortality-prompts-panic-buying-life-insurance-policies/

The COVID-19 pandemic has played a major role in heightening Americans’ awareness of mortality and its attendant expenses. The average traditional North American funeral costs between $7,000 and $10,000, including services at a funeral home,…Read More

Insurance platform provider Guidewire Software has announced the acquisition of HazardHub, an insurtech that provides pr...
23/08/2021

Insurance platform provider Guidewire Software has announced the acquisition of HazardHub, an insurtech that provides property risk insights to the P&C insurance sector. HazardHub serves more than 110 organizations, including insurers, reinsurers, brokers, MGAs and other insurtechs. HazardHub curates, analyzes and distills data to deliver a national catalog of risks that may damage or destroy property, including perils such as wind, flooding, earthquakes and wildfires....

http://bannerlifeinsurance.icu/guidewire-snaps-up-property-risk-insurtech/

Insurance platform provider Guidewire Software has announced the acquisition of HazardHub, an insurtech that provides property risk insights to the P&C insurance sector. HazardHub serves more than 110 organizations, including insurers, reinsurers, brokers, MGAs and…Read More

23/08/2021

The infrastructure bill, in the form that it passed in the Senate, allows for insurance companies to decrease risk-- but possibly increase costs-- as it moves towards a more personalized model. Notably, future automobiles will likely need to include passive technology to monitor for driving under the influence and automatic emergency braking. In 2020, 36,096 people died in car crashes in the United States, according to the Insurance Institute for Highway Safety....

http://bannerlifeinsurance.icu/u-s-infrastructure-bill-auto-tech-could-impact-insurance/

The infrastructure bill, in the form that it passed in the Senate, allows for insurance companies to decrease risk– but possibly increase costs– as it moves towards a more personalized model. Notably, future automobiles will…Read More

Health And Medical Insurance Global Market Report 2021: COVID 19 Impact And Recovery To 2030 Health And Medical Insuranc...
23/08/2021

Health And Medical Insurance Global Market Report 2021: COVID 19 Impact And Recovery To 2030 Health And Medical Insurance Global Market Report 2021 The Business Research Company’s Health And Medical Insurance Global Market Report 2021: COVID 19 Impact And Recovery To 2030 LONDON, GREATER LONDON , UK, August 23, 2021 /EINPresswire.com/ -- Major companies operating in the health & medical insurance industry are undergoing strategic partnerships and collaborations to expand their consumer base and geographical presence, which is likely to be a leading trend in the health & medical insurance market....

http://bannerlifeinsurance.icu/health-and-medical-insurance-market-trends-include-strategic-partnerships-and-collaborations-among-competitors/

Health And Medical Insurance Global Market Report 2021: COVID 19 Impact And Recovery To 2030 Health And Medical Insurance Global Market Report 2021 The Business Research Company’s Health And Medical Insurance Global Market Report 2021:…Read More

23/08/2021

More specifically, advanced economies are forecast to grow 5.8% this year. This would more than make up for the cumulative drop in gross domestic product (GDP) in 2020, highlighted Atradius. “Some of the uncertainty that hung over the market last year has disappeared,” stated the insurer in a release. “In the US, President Joe Biden is expected to follow a more consistent policy than his predecessor did....

http://bannerlifeinsurance.icu/atradius-global-economy-recovering-fully/

More specifically, advanced economies are forecast to grow 5.8% this year. This would more than make up for the cumulative drop in gross domestic product (GDP) in 2020, highlighted Atradius. “Some of the uncertainty that…Read More

Insurance technology news from HONK Technologies, Branch Insurance, Swiss Re and more. (Credit: everything possible/Shut...
23/08/2021

Insurance technology news from HONK Technologies, Branch Insurance, Swiss Re and more. (Credit: everything possible/Shutterstock) HONK Technologies partnered with Vault, a fast-growing provider of personal insurance, to provide fast, next-generation roadside assistance services to Vault’s auto insurance members. Vault differentiates from other insurers by delivering a customer experience where every detail and every interaction is thoughtful and unique. Its proactive, attentive approach builds stronger relationships....

http://bannerlifeinsurance.icu/whos-using-what-in-pc-insurance-august-23-2021/

Insurance technology news from HONK Technologies, Branch Insurance, Swiss Re and more. (Credit: everything possible/Shutterstock) HONK Technologies partnered with Vault, a fast-growing provider of personal insurance, to provide fast, next-generation roadside assistance services to Vault’s…Read M...

23/08/2021

Requirements include the provision of mechanisms for internal monitoring and whistleblowing. Under the commitments, a compliance officer must also be appointed within the firms, in addition to having independent expert oversight, as well as regular competition law training. “We issued preliminary findings to seven parties in September 2020, alleging that these organisations had engaged in anti-competitive cooperation over a 21-month period during 2015 and 2016,” noted CCPC’s Brian McHugh, who looks after competition enforcement and mergers....

http://bannerlifeinsurance.icu/irish-regulator-secures-commitments-from-six-insurance-companies-following-probe/

Requirements include the provision of mechanisms for internal monitoring and whistleblowing. Under the commitments, a compliance officer must also be appointed within the firms, in addition to having independent expert oversight, as well as regular…Read More

GJS Re Insurance and reinsurance veteran Chris Harrington joined the Los Angeles-based reinsurance intermediary G. J. Su...
23/08/2021

GJS Re Insurance and reinsurance veteran Chris Harrington joined the Los Angeles-based reinsurance intermediary G. J. Sullivan Co., Reinsurance, as vice president. Based in Chicago, Harrington will report to John Threlfall, senior vice president and head of facultative. Harrington brings three decades of property facultative experience from Swiss Re handling a variety of underwriting, marketing and management roles over 29 years....

http://bannerlifeinsurance.icu/harrington-to-vp-at-gjs-re-kansas-association-of-insurance-agents-adds-werth/

GJS Re Insurance and reinsurance veteran Chris Harrington joined the Los Angeles-based reinsurance intermediary G. J. Sullivan Co., Reinsurance, as vice president. Based in Chicago, Harrington will report to John Threlfall, senior vice president and…Read More

23/08/2021

Xiaomi is planning to expand its presence in the country's credit market with the help of offerings such as gold loans, credit line cards. The company is also planning to introduce insurance products. Xiaomi India chief, Manu Kumar Jain, in an interview with PTI shared some details about the upcoming financial services planned by the Chinese company. Jain claimed that they will be offering these financial services in partnership with organisations like Axis Bank, IDFC Bank, Aditya Birla Finance Ltd, Stashfin, Money View, Early Salary and Credit Vidya....

http://bannerlifeinsurance.icu/xiaomi-to-soon-offer-gold-loans-credit-line-cards-insurance-products-manu-jain/

Xiaomi is planning to expand its presence in the country’s credit market with the help of offerings such as gold loans, credit line cards. The company is also planning to introduce insurance products. Xiaomi India…Read More

The Noah Insurance Women's softball team of Detroit Lakes went undefeated during the season and also captured the champi...
23/08/2021

The Noah Insurance Women's softball team of Detroit Lakes went undefeated during the season and also captured the championship for the year-end tournament. Pictured are front: Marie Kierzek, Kari Shipman, Lydia Klemetson, Caitlin McArthur. Back: Jess Masloski, Sarah Jasken, Marie Cupkie, Lynne Hanson, Megan Swedberg, Alexis Tappe and Amy Rosing. (Contributed photo)

http://bannerlifeinsurance.icu/noah-insurance-is-detroit-lakes-softball-champ/

The Noah Insurance Women’s softball team of Detroit Lakes went undefeated during the season and also captured the championship for the year-end tournament. Pictured are front: Marie Kierzek, Kari Shipman, Lydia Klemetson, Caitlin McArthur. Back:…Read More

23/08/2021

Yet another destination that requires travel insurance, The Bahamas wants all international travellers that are aged 18 and older, are required to get something called, Bahamas Travel Health Visa. For this, the government in Bahamas has included the health insurance to the cost of the visa. The coverage is up to $500 per day to a maximum of $7000, and up to $50000 of emergency medical expenses.

http://bannerlifeinsurance.icu/countries-that-require-travel-insurance/

Yet another destination that requires travel insurance, The Bahamas wants all international travellers that are aged 18 and older, are required to get something called, Bahamas Travel Health Visa. For this, the government in Bahamas…Read More

23/08/2021

Rhyne Howard becomes the second woman on the Kentucky women’s basketball squad to land a paid partnership. It’s with Direct Auto Insurance, an insurance agency based in her home state of Tennessee. Howard announced the sponsorship via Instagram this week. Say what you want about the new NIL rules, but it puts a smile on my face to see a deal like this happen....

http://bannerlifeinsurance.icu/rhyne-howard-secures-sponsorship-with-auto-insurance-company/

Rhyne Howard becomes the second woman on the Kentucky women’s basketball squad to land a paid partnership. It’s with Direct Auto Insurance, an insurance agency based in her home state of Tennessee. Howard announced the…Read More

23/08/2021

A coalition of groups came together in Montreal on Sunday to demand better access to unemployment benefits. “The time is now,” said Milan Bernard, an advisor for the National Council of Unemployed Workers (CNC). “The social safety net is an issue that people want to hear about after the pandemic.” The CNC, along with Assembly of First Nations of Quebec and Labrador Chief Ghislain Picard, the Quebec Theatre Council and Mouvement Action-Chômage de Charlevoix, convened a press conference to get the attention of federal political party leaders....

http://bannerlifeinsurance.icu/advocates-demand-federal-party-leaders-make-unemployment-insurance-easier-to-access/

A coalition of groups came together in Montreal on Sunday to demand better access to unemployment benefits. “The time is now,” said Milan Bernard, an advisor for the National Council of Unemployed Workers (CNC).…Read More

Lemonade, an AI-enabled provider of homeowners and renters insurance, was hit with a privacy class action Friday in New ...
22/08/2021

Lemonade, an AI-enabled provider of homeowners and renters insurance, was hit with a privacy class action Friday in New York Southern District Court over its alleged collection and use of biometric data. The suit, brought by Lowey Dannenberg, contends that Lemonade collects and stores biometric data including retina scans, voiceprints and face scans from customers who are required to upload videos during the claim submission process. Counsel have not yet appeared for the defendants. The case is 1:21-cv-07070, Pruden v. Lemonade, Inc. et al.

http://bannerlifeinsurance.icu/homeowner-renter-insurance-provider-accused-of-storing-claimants-retina-scans/

Lemonade, an AI-enabled provider of homeowners and renters insurance, was hit with a privacy class action Friday in New York Southern District Court over its alleged collection and use of biometric data. The suit, brought…Read More

22/08/2021

He said he was “over the moon that she would come off the bench to take on that assignment.” Judge Burnes, who spearheaded the move to introduce more insurance competition in Massachusetts, which lowered rates for most consumers, died Aug. 14 in Brigham and Women’s Hospital. A longtime Beacon Hill resident, she was 79 and had been diagnosed with cancer, before dying of complications from an infection during treatment....

http://bannerlifeinsurance.icu/nonnie-s-burnes-who-brought-lower-insurance-rates-to-massachusetts-dies-at-79/

He said he was “over the moon that she would come off the bench to take on that assignment.” Judge Burnes, who spearheaded the move to introduce more insurance competition in Massachusetts, which lowered rates…Read More

22/08/2021

My homeowners insurance premiums are pretty expensive -- despite the fact that I shop around each year for insurance quotes and compare rates to try to get the best deal. But I don't mind that I am paying high premiums, and the reason for that is because I've actually chosen to make my insurance more expensive than it needs to be....

http://bannerlifeinsurance.icu/why-i-pay-more-for-my-homeowners-insurance-than-necessary/

My homeowners insurance premiums are pretty expensive — despite the fact that I shop around each year for insurance quotes and compare rates to try to get the best deal. But I don’t mind that…Read More

22/08/2021

When the New Orleans Pelicans re-signed W***y Hernangomez it was hardly front-page news, in fact, hardly anyone took notice. Will all of the hype around the Pels’ undefeated run in Summer League, coupled with the Lonzo Ball saga, the inking of a backup center was of minor concern. But bringing W***y Hernangomez back makes a lot of sense from a basketball perspective and he also offers a valuable insurance policy against injury or a possible absence....

http://bannerlifeinsurance.icu/willy-hernangomez-is-the-pels-insurance-policy/

When the New Orleans Pelicans re-signed W***y Hernangomez it was hardly front-page news, in fact, hardly anyone took notice. Will all of the hype around the Pels’ undefeated run in Summer League, coupled with the…Read More

Miss something this week? Don't panic. CBC's Marketplace rounds up the consumer and health news you need. Want this in y...
22/08/2021

Miss something this week? Don't panic. CBC's Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Fighting for safer schools As kids and teachers get ready to head back to class — many of them in person after a year of interruptions caused by COVID-19 — parents across the country are organizing to take action to ensure their kids and school staff stay safe....

http://bannerlifeinsurance.icu/is-your-school-safe-insurance-bureau-of-canada-urges-climate-change-action-cbcs-marketplace-cheat-sheet/

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Fighting for safer schools As kids and teachers get ready to head…Read More

22/08/2021

A slew of products and ‘insurtech’ have made the process of buying a plan as well as claims settlement easier and faster The process of buying an insurance policy is unrecognisable today compared to two decades ago. Competition and a flood of products and options have combined with the galloping awareness and needs of the insuring public. Insurtech, or technology in insurance, has stepped in to reduce much of the friction in buying insurance or getting claims....

http://bannerlifeinsurance.icu/insurance-at-the-speed-of-light/

A slew of products and ‘insurtech’ have made the process of buying a plan as well as claims settlement easier and faster The process of buying an insurance policy is unrecognisable today compared to two…Read More

22/08/2021

Commuting to work is, unsurprisingly, a really common use for a vehicle. Many people drive to and from their jobs every day, and that can be the primary purpose of owning a car. Because of their twice-daily drives, motorists who commute often tend to drive more than their counterparts who use their vehicles for pleasure only. As a result, some insurers view commuters as having a slightly higher chance of becoming involved in an accident -- and commuters, on average, pay a little more for auto insurance because of it....

http://bannerlifeinsurance.icu/heres-how-much-more-it-costs-to-insure-a-car-used-for-commuting/

Commuting to work is, unsurprisingly, a really common use for a vehicle. Many people drive to and from their jobs every day, and that can be the primary purpose of owning a car. Because of…Read More

22/08/2021

CALGARY -- With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector. “This was not an issue that was central in the insurance sector, even seven years ago,” said Robin Edger, national director of climate change for the Insurance Bureau of Canada. “But now it is moving at light speed.”...

http://bannerlifeinsurance.icu/insurance-industry-seeks-to-limit-fossil-fuel-exposure-amid-growing-climate-threat/

CALGARY — With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector. “This was not an issue that was central…Read More

You're probably owed a car insurance 'stimulus check,' lawsuit and critics say While the White House seems to have stopp...
22/08/2021

You're probably owed a car insurance 'stimulus check,' lawsuit and critics say While the White House seems to have stopped entertaining the idea of a fourth stimulus check, you may be able to convince your car insurance company to hand out some COVID-19 cash of its own. Some providers who saw their profits soar during the Great Driving Slowdown of 2020 already offered discounts and rebates to policyholders....

http://bannerlifeinsurance.icu/youre-probably-owed-a-car-insurance-stimulus-check-lawsuit-and-critics-say/

You’re probably owed a car insurance ‘stimulus check,’ lawsuit and critics say While the White House seems to have stopped entertaining the idea of a fourth stimulus check, you may be able to convince your…Read More

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