Drones Are Changing The Claims Process

Automated drones have gone from science fiction to commonplace over the last ten years. The usefulness of these drones seems to have no end, from military use to agriculture, photography and yes, even insurance! Drones are completely transforming the claims process for auto-insurance policies. Drone use for auto-insurance claims have made significant headway in improving […]

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Allstate Is Retiring Esurance Brand

Allstate recently announced that they are officially retiring their Esurance brand. They’ll be combining Allstate Encompass and Answer Financial into one cohesive brand offering. This change should help the company lower costs to offer more competitive prices without substantially affecting their margins. At the moment, consumers have four lines of business available to them through […]

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Do I Need Disability Insurance?

There are so many different types of insurance policies out there that it can be difficult to keep up with them all, even for those working in the space. One of the most often misunderstood policy types is disability. The truth is that many people who qualify for disability insurance don’t even know that they […]

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Hong Kong Business Owners Can’t Turn To Insurance

Hong Kong has found itself in the center of the news cycle for weeks now. The ongoing protests between the civilians and the government is, predictably, causing a lot of unrest in a variety of industries, including insurance. Unfortunately, a growing number of Hong Kong business owners are finding out that their insurance companies are […]

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California Insurers Under Investigation For Questionable Pricing Practices

The California insurance commissioner announced that the state was investigating a questionable gap in insurance costs. People are claiming that insurers are offering discounted rates to people in white-collar professionals in wealthy areas that are not available to people of color in low-income areas. California Department of Insurance Commissioner Ricardo Lara spoke with CBS about […]

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Insurance Agency Mergers Are On The Rise

The insurance landscape has changed drastically over the last 30 years as it attempts to adapt to the age of computers and data. One of the results of this change is an increase in mergers. It makes sense, sometimes pooling resources can be the difference between a business closing its doors or expanding to a […]

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Major U.S. Insurance Company Moves Away From Coal

Chubb LTD is making headlines for becoming the first major U.S. insurance company to divest itself from coal. Traditionally, the insurance industry has always been a major supporter of coal, but as climate change has become more mainstream, people have been pressuring insurance companies to move into more sustainable waters. Chubb LTD is currently the […]

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Early Cannabis Insurance Experiences

As cannabis legalization continues to spread across North America, more adjacent industries are becoming directly involved. Naturally, one of the first of those industries to do so is insurance. While many people thought that marijuana and the insurance industry would be a tough match, it turns out that claims experiences in the cannabis insurance market […]

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