According to Aon study public transit systems are seeing a increase in liability claims, although ridership declines. Aons study reported that liability claims are rising by 1 percent annual. Overall public transit liability loss rates are as high as 3 percent the study reports. The average claim for 2018 was … Continue
Lieberty Mutual Group (property and casuality insurance broker) announced a new model for its insurance operator (global risk solution).They have roganized the US state operations to six georaphic regions, each of them will be managed by regional executive. Each of six regions will have regional executive who will manage oversea … Continue
1.The ability to cancel for any reason
This option tipically comes with extra cost, but its an essential case your travel insurance should cover. The insurance covers refunded trip costs if the travel is cancelled at least 48 hours before departure. You should get this type of insurance within 7 … Continue
Dogs, Cats and parrots are often considered as family members, that explains why Americans have spent almost 1 Billion USD on pet insurance alone and over 2.1 million pets are insured in the States. The pet insurance rose by 17% in 2017 and is supposed to grow also in the … Continue
Seniors in many of the US States will be able to get help with chores, safety devices and respite for caregivers through Private Medicare advantage plans. This reflects a common recognition, that even a little help at home could be beneficial for patients at home for their well being and … Continue
Car insurance is a financial product that includes coverage in the case of accident of your car and you as a driver. It can also include coverage for passengers. Car insurance is a product you buy, but if you are lucky will never need it. Car insurance differs from one … Continue
Although you cant do much against natural disasters as huricanes, floods and earthquakes, there are plenty things you can do to keep your home safe from fire. There are plenty of home insurers who offer safety advice for your home when you are in the process of insuring it.
1. … Continue
Since 2010 the commercial car insurance, hasn’t produced an industrywide ratio below 105 according to a Guy Carpenter.
Nick Durant (managing director, Guy Carpenter) wrote: “It is an open question regarding which will arrive first: autonomous cars and trucks or underwriting profits for CAL [commercial auto liability] writers, Although carriers … Continue