The way the general American public perceives marijuana use has changed dramatically since the substance first became publicly popular in the 1960’s. While marijuana is still federally illegal today, an increasing number of states have made it legal both recreationally and medically. Most people expect the federal government to follow the states lead and decriminalize […]
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Commercial auto insurance has been a losing enterprise for years now. There are a number of factors that are contributing to this, but the reality is that, as a whole, commercial auto insurance has been losing money for seven consecutive years. The slow fall of commercial auto insurance is not news. The industry has been […]
Continue Reading...In the latest update to the 2018 California wildfire saga, the California Insurance Commissioner Dave Jones asked residential insurers to waive inventory requirements. This would be extraordinarily helpful for thousands of California residents who have been directly affected by wildfires this season. According to the commissioner’s request, residential insurers would pay 75 to 100 percent […]
Continue Reading...The California insurance commissioner recently released preliminary damage costs that resulted from last months wildfires. According to the commissioner insurance claims from the wildfires have already surpassed $9 billion. That number is likely to grow as claims continue to come in. Roughly $7 of that $9 billion in claims came from the Camp Fire alone. […]
Continue Reading...For those who do not yet know, Marriott International recently acquired Starwood Hotel & Resorts for $13.6 billion. In theory, that purchase was a bet by Marriott that Starwood’s successful loyalty program would bring more customers into the other Marriott properties. While that may be the case, it also seems as though they purchased a […]
Continue Reading...Pet Insurance is one of those things that many people intellectually understand they need, but never actually take the time to purchase. As any pet owner knows, this is not because people don’t care for their pet, but rather that the hassle of purchasing an insurance policy simply causes this task to remain low on […]
Continue Reading...A measurable increase in severe weather-related events over the last several years has kept climate change at the top of the news cycle. For those working in the insurance industry, billions of dollars have been paid out in weather-related claims during the last year alone. Unfortunately, the National Climate Change Assessment, a new report created […]
Continue Reading...In the latest example of insurance watchdogs keeping insurers honest is the settling of the auto-loan scandal that has been plaguing Satander Bank for the last few months. Santander Consumer USA Holdings Inc., is a leading subprime auto lender that recently settled an auto-loan dispute for $11.8 million. Satander was accused of misleading customers about […]
Continue Reading...Most of the country will be using Amazon at least once during the holiday season. Traditionally, the holiday shopping season kicks off with Black Friday, which by this point has already come and gone. With so many people making online purchases, cyber security is top of mind for many companies. Unfortunately for Amazon, it is […]
Continue Reading...Life insurance has always been one of the more difficult insurance policies to sell simply because if you need it, you won’t be around anymore. Unlike other insurance policies, a proper life insurance policy is not designed to provide you with fiscal protection, it is designed to provide your loved ones with fiscal protection after […]
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