Breeze partners with Principal Financial Group® to expand

OMAHA, Neb., June 08, 2022 (GLOBE NEWSWIRE) — Breeze, the Omaha-based insurtech company that is simplifying the way disability and critical illness insurance is distributed, today announced the addition of the individual disability insurance from Principal Financial Group® to your wallet. This new integration, based on Breeze’s proprietary API, allows insurance distributors to easily integrate … Read more

Perfect storm: Insurers battle deluge of 500,000 catastrophic claims – Analysis – Insurance News

A series of hurdles have constrained insurers as they battle half a million claims from a series of some of the worst catastrophes ever experienced in Australia. Insurance Council of Australia (ICA) tells insuranceNEWS.com.au, the industry has been hit by 379,368 claims resulting in losses of $5.84 billion from the combined total of three declared … Read more

The uphill battle for labor equality in Europe 2022 – POLITICO

Equality has a business case for it. Employers who treat their people equally attract and retain a talented and skilled workforce, and increase productivity and innovation. Inequality is bad for economic growth, says the OECD, and they should know it. However, creating equal working conditions and equal treatment for workers is an uphill battle, even … Read more

Opinion: To fix Canadian health care, let’s try the Dutch model

Paramedics roll out a stretcher from the emergency department at Mount Sinai Hospital, in Toronto, on January 13, 2021.Cole Burston/The Canadian Press Ake Blomqvist is a Research Associate Professor at Carleton University and a Health Policy Scholar at the CD Howe Institute, where Rosalie Wyonch is also a Senior Policy Analyst. The pandemic has revealed … Read more

“Double insurance” or not? CTP insurer recovers 50% of the damages and costs paid to the victim of a car accident from the workers’ compensation insurer

In Insurance Australia Limited v Allianz Australia Insurance Limited [2022] ACTSC 75 (April 14, 2022), McWilliam AJ of the ACT Supreme Court was asked to determine whether a CTP insurer (NRMA) could recover 50% of the common law damages settlement amount it had paid to a worker injured in a car accident for the workers’ … Read more

FedNat Announces $15 Million Investment by Hale Partnership in Monarch National Insurance Company

SUNRISE, Florida, May 24, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC) (FedNat), a regional insurance holding company, has signed an agreement with Hale Capital Management LLC (Hale) under which funds managed by Hale will invest $15,000,000 at FedNat subsidiary National Monarch Insurance Company (MNIC), subject to the fulfillment of certain conditions. Under the … Read more

What is home insurance? | US News

Understanding your home insurance deductible can help you decide the best way to protect what may be the most expensive purchase you’ve ever made. Unfortunately, it’s not always easy to understand the fine print of your policy. Read on to learn how a homeowner’s deductible works, how it affects your premium, and how much deductible … Read more

State lawmaker pushes for special session to address Florida’s homeowners insurance issues

TALLAHASSEE, Fla. – Sen. Jeff Brandes, R-St. Petersburg, formally asked his colleagues Friday to support his call for a special legislative session on homeowners insurance. Saying “we can’t wait any longer on this issue,” Brandes circulated a “form letter” for lawmakers to send to the State Department to begin a voting process to force a … Read more

5 things to know about term life insurance

CHICAGO, April 8, 2022 (GLOBE NEWSWIRE) — Term life insurance provides financial protection for your loved ones at an affordable rate. If the policyholder dies while the policy is active, the beneficiaries will receive a substantial death benefit that they can use to replace income, cover end-of-life costs and pay off debts. These policies are … Read more

What is personal liability insurance?

While many people are familiar with standard homeowners and renters insurance policies, they may understand less about personal liability insurance. These homeowners and renters may be surprised to learn that, in many cases, personal liability insurance is a component of their policies. Simply put, personal liability coverage protects you and your property if you are … Read more

What is a homeowners insurance premium?

When it comes to homeowners insurance premiums, there are many variables. Understanding the various components that go into factoring premiums can help homeowners make an informed decision and, in some cases, find ways to lower homeowners insurance costs. What is a homeowners insurance premium? When insurers talk about homeowners insurance premiums, they are referring to … Read more

Actual Value vs. Replacement Cost

Homeowners, renters and condo insurance is designed to reimburse you for losses caused by a covered peril. Depending on the type of claim you file, your insurer will determine the cost to replace or repair your belongings or home by looking at actual cash value (ACV) or replacement cost value (RCV). Claims related to the … Read more