Live Insurance News

29/07/2024

🏡🔍 Are You Making This Common Homeowner Mistake? 🚫

Homeownership comes with its share of challenges, and there's one mistake that many homeowners make without even realizing it. This article dives into what it is and how you can avoid it to protect your investment and peace of mind. Don't miss out on these crucial tips: Common Mistake Homeowners Make

In California, where the risk of wildfires is both imminent and escalating, a common landscaping choice—mulch—is emerging as an overlooked fire hazard that m...

29/07/2024

LOS ANGELES — In a significant move to address California's ongoing insurance crisis,unveiled a breakthrough agreement to modernize the California FAIR Plan Association (FAIR...READ More

California Insurance Commissioner Lara's landmark agreement to modernize the FAIR Plan, marking the most significant insurance reform since

29/07/2024

In the fast-paced world of business, every edge counts. And while there's no guarantee that changingyour diet will make your business boom, we can't ignore the brain-boosting benefits found in some...READ More

Discover brain health properties of sushi ingredients like wasabi, salmon, and sea vegetables can provide a delectable edge in business performa

29/07/2024

In-Depth Look at New Trends in Homeowners Insurance
In today's world, protecting your home means more than just locking your doors and installing a security system....READ More

In-Depth Look at New Trends in Homeowners Insurance - In today's world, protecting your home means more than just locking your doors and

28/07/2024

🏊‍♂️💦 Thinking About Installing a Swimming Pool? Here’s What You Need to Know! 🏊‍♀️🏡

Dreaming of a backyard oasis? Before diving in, check out this comprehensive guide on the costs involved in installing a swimming pool. From initial setup to long-term maintenance, get the full picture to make an informed decision. Discover the financial aspects and what to expect: Cost to Install a Swimming Pool

With summer on the way, many people will say it’s a call to swim, but the installation of a pool, just for reasons of enjoying warm weather, has been quite p...

28/07/2024

In late 2023, two of the most iconic names in the hospitality industry—MGM Resorts and Caesars —fell victim to significant casino cyber attacks.

26/07/2024

The COVID-19 pandemic has changed many aspects of our lives, including how we dress for the office. Gone are the days of working in our pajamas....READ More

Discover the surprising health risks associated with office attire in our latest article! Learn how wearing ties and heels can lead to headaches

25/07/2024

State Farm has once again claimed the top position in AM Best’s rankings of US Property and Casualty (P&C) insurers for 2023, reinforcing its dominance in the market....READ More

State Farm has once again claimed the top position in AM Best’s rankings of US Property and Casualty (P&C) insurers for 2023, reinforcing

24/07/2024

As natural disasters become more frequent, a new study by Allstate, in collaboration with the U.S. Chamber of Commerce, highlights how investing in climate resilience can save communities and insurers millions. For every dollar spent on preparedness, $13 is saved in damages and economic impacts. Imagine the benefits of discounts for customers who invest in protective measures like green infrastructure or floodgates! 🏡💧

As natural disasters become more frequent and severe, Americans face a growing number of billion-dollar calamities each year. A recent economic study by Alls...

24/07/2024

Accessory Dwelling Units (ADUs) are becoming an increasingly popular trend among homeowners, real estate investors, and DIY enthusiasts....READ More

Accessory Dwelling Units are becoming an increasingly popular trend among homeowners and others and might be big for retirement planning

23/07/2024

Legal Battle Over Maui Wildfire Settlement
A significant lawsuit has been initiated by victims of the 2023 Maui wildfires against insurance companies State Farm and Allstate Insurance....READ More

A significant lawsuit has been initiated by victims of the 2023 Maui wildfires against insurance companies State Farm and Allstate Insurance.

22/07/2024

With summer on the way, many people will say it's a call to swim, but the installation of a pool, just for reasons of enjoying warm weather, has been quite problematic within people's means....READ More

The cost to install a swimming pool - inground of various sizes and shapes will average from $35,000 to $65,000. The cost of large or

22/07/2024

Mulch Fire Risk Poses Growing Threat to California Homes
In California, where the risk of wildfiresis both imminent and escalating, a common landscaping choice—mulch—is emerging as an overlooked...READ More
&HomeSafety

A common landscaping choice is emerging as an overlooked fire hazard that many homeowners inadvertently invite into their yards. This

18/07/2024

Hurricane Beryl Smashes Records, Unleashing Insurance Claim Surge
Hurricane Beryl has left an unprecedented mark in its wake, driving State Farm to handle over 16,000 insurance claims—a record for...READ More

Hurricane Beryl has left an unprecedented mark in its wake, driving State Farm to handle over 16,000 insurance claims—a record for the company.

18/07/2024

California homeowners and renters may soon face significant financial strain as two of the state's largest insurers, State Farm and Allstate, announce hefty rate hikes....READ More

California homeowners and renters may soon face significant financial strain as two of the state's largest insurers, State Farm and Allstate

17/07/2024

📈🏠 State Farm, California's largest insurer, is looking to implement significant rate increases for its residential insurance policies. The proposed hikes include a 30% increase for homeowners' insurance, a staggering 52% rise for renters, and a 36% escalation for condominium owners. These changes, driven by rising costs and increased risks from natural disasters like wildfires, could have a major impact on millions of residents across the state. For more details on what this means for policyholders, read the full article here: State Farm Seeks Major Rate Increase in California.

State Farm, California’s largest insurer, is proposing sizable rate increases for its residential insurance policies in the state, potentially impacting mill...

16/07/2024

Is the State at the Mercy of Its Largest Property Casualty Company?
The insurance industry in California has recently been shaken by the news that State Farm, one of the nation’s largest insurers,...READ More

The insurance industry in California has recently been shaken by the news that State Farm, one of the nation’s largest insurers, may pull out of

15/07/2024

In late 2023, two of the most iconic names in the hospitality industry—MGM Resorts and Caesars Entertainment—fell victim to significant cyberattacks....READ More

In late 2023, two of the most iconic names in the hospitality industry—MGM Resorts and Caesars —fell victim to significant casino cyber attacks.

11/07/2024

Economic Study Highlights Massive Savings Through Climate Resilience Investments
As natural disasters become more frequent and severe, Americans face a growing number of billion-dollar calamities...READ More

As natural disasters become more frequent and severe, Americans face a growing number of billion-dollar calamities. A recent Allstate economic

10/07/2024

State Farm Goes Beyond Insurance
State Farm Insurance is widely known for its slogan, “Like a good neighbor, State Farm is there.”...READ More

State Farm Insurance is widely known for its slogan, “Like a good neighbor, State Farm is there.” However, the insurance giant has gradually

10/07/2024

Hurricane Beryl has made history as the earliest Category 5 hurricane on record, marking a turbulent start to the 2024 Atlantic hurricane season....READ More

Hurricane Beryl has made history as the earliest Category 5 hurricane on record, marking a turbulent start to the 2024 Atlantic hurricane season.

09/07/2024

Mercury Insurance has been recognized by Newsweek as one of America’s Greatest Workplaces for Mental Wellbeing 2024.

08/07/2024

State Farm, California's largest insurer, is proposing sizable rate increases for its residential insurance policies in the state, potentially impacting millions of homeowners and renters....READ More

State Farm, California's largest insurer, is proposing sizable rate increases for its residential insurance policies in the state, potentially impacting

28/06/2024

Newsweek named the insurers among its Greatest Workplaces for Mental Wellbeing 2024
Mercury Insurance recently announced that it had been recognized by Newsweek as one of America’s Greatest...READ More

Mercury Insurance has been recognized by Newsweek as one of America’s Greatest Workplaces for Mental Wellbeing 2024.

27/06/2024

💵⚖️ State Farm Settles Major Life Insurance Lawsuit with $65 Million Payment ⚖️💵

Big news in the insurance world! State Farm has agreed to a $65 million settlement in a significant life insurance lawsuit. This development marks a crucial step towards resolving claims related to policyholder disagreements and demonstrates State Farm's commitment to addressing customer concerns and legal obligations. The settlement is expected to bring relief to many affected policyholders and set a precedent for transparency and fairness in the industry.

State Farm Life and Accident Assurance Company are issuing life insurance settlement checks as pay out for a class action lawsuit against the companies - For...

27/06/2024

In a recent interview with CNBC, Tom Wilson, CEO of Allstate Insurance, shed light on the underlying reasons for the spike in auto insurance rates....READ More

In a recent interview with CNBC, Tom Wilson, CEO of Allstate Insurance, shed light on the underlying reasons for the spike in auto insurance rates.

27/06/2024

It’s not just homeowners and small business owners struggling to get coverage due to wildfires
Wildfire season has now officially started, and some utilities have found themselves operating without...READ More

Wildfire season has now officially started, and some utilities have found themselves operating without wildfire insurance, which means they’ll be

26/06/2024

The insurer has agreed to pay tens of millions to settle the suit involving overcharges
State Farm Life and Accident Assurance Company are issuing life insurance settlement checks as pay out for a...READ More
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State Farm Life and Accident Assurance Company are issuing life insurance settlement checks as pay out for a class action lawsuit against the companies.

25/06/2024

Coverage for cats and dogs is commonplace, but what about other animal family members?
Exotic pet insurance might sound like it’s intended for animals such as tigers or pythons, but it’s actually...READ More

Exotic pet insurance might sound like it’s intended for animals such as tigers or pythons, but it’s actually the type of policy intended for common

25/06/2024

Insurance agents striving to stand out and compete in the crowded Medicare solutions market can utilize the latest data regarding Medigap rate increases.
The...READ More

The just-reported data revealed that year-over-year increases for policyholders with Medigap insurance Plan G coverage in 2024 ranged to as