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The June 1 start of the Atlantic hurricane season is just around the corner. Early predictions indicate an active year and the Insurance Information Institute (I.I.I.) urges the public to prepare for the heightened flood risks that come with hurricanes and tropical storms.
Flood insurance is essential to help financially protect homeowners and business owners against the devastating effects of flooding. The spring months have already brought significant flooding to many areas throughout the Midwest, such as Illinois, Indiana, Michigan, and Missouri. Also, the most recent two hurricane seasons have shown how devastating the consequences of seasonal flooding can be, with losses felt well beyond the high risk areas nearest the water.
To view Multimedia News Release, go to http://www.multivu.com/mnr/61483-floodsmart-hurricane-season-is-just-one-month-away-flood-insurance
An early crop of advanced crash avoidance technologies includes some clear success stories when it comes to preventing crashes, insurance claim analyses by the Highway Loss Data Institute (HLDI) show.
Forward collision avoidance systems, particularly those that can brake autonomously, along with adaptive headlights, which shift direction as the driver steers, show the biggest crash reductions. Lane departure warning appears to hurt, rather than help, though it’s not clear why, and other systems, such as blind spot detection and park assist, aren’t showing clear effects on crash patterns yet.
HLDI analysts looked at how each feature affected claim frequency under a variety of insurance coverages for damage and injuries. Clear patterns were seen in claims under property damage liability (PDL) insurance, which covers damage caused by the insured vehicle to another vehicle, and collision insurance, which covers damage to the insured vehicle. Frequency is measured as the number of claims relative to the number of insured vehicle years. An insured vehicle year is one vehicle insured for one year, two vehicles for six months, etc. The model years of the vehicles included ranged from 2000 to 2011, depending on when an automaker introduced a feature. Insurance data through August 2011 were used.
The National Insurance Crime Bureau today reported that in 2011, motorcycle thefts were down 6 percent from their 2010 total. There were 46,667 motorcycles reported stolen in 2011 compared with 49,791 in 2010—a decline of 6 percent. The theft rate averages out to one theft every 11 minutes. All data is from theft reports contained in the National Crime Information Center.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53842-national-insurance-crime-bureau-nicb-2011-motorcycle-theft-report
Inspired by technology? Tapped into music? Moved by film? Esurance, the direct-to-consumer personal car insurance company, is holding a “Dream Gig” contest to find the perfect candidate to help cover the action at this year’s South by Southwest® (SXSW) Music, Film, and Interactive Conference in Austin, Texas.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59889-esurance-sxsw-dream-gig-contest-attend-sxsw-2013-as-official-correspondent
With the Dec. 7 deadline for Medicare’s annual enrollment period fast approaching, Smart Insurance Company is working with Walgreens to offer in–store consultations with licensed SmartD Rx plan agents, available at select Walgreens to speak with Medicare beneficiaries who are either enrolling in a new Part D prescription drug plan or evaluating their current coverage options.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59273-smart-insurance-company-walgreens-smartd-rx-open-enrollment-ends-dec-7
Only 3 of 11 midsize luxury and near-luxury cars evaluated earn good or acceptable ratings in the Insurance Institute for Highway Safety’s new small overlap frontal crash test, the latest addition to a suite of tests designed to help consumers pick the safest vehicles.
Business Owner’s Policy (BOP) is a business insurance package which contains all the major liability, property risks, and business interruption coverage. Business Owner's Policy covers the business in the occurrence of such things as property damage, suspended operations, or lawsuits resulting from bodily injury or property damage to others. BOP is recommended for most small to medium size business.888-704-8243 or http://www.matrixia.com/
The National Insurance Crime Bureau (NICB) today warned drivers in the Las Vegas area to be on the lookout for criminals targeting trucks in a deliberate attempt to cause an accident for the purpose of collecting insurance money.
As many as 100 suspected staged accidents along the I-15 corridor through the metropolitan Las Vegas area have been reported to NICB in the past 12-18 months and as many as 25 of those accidents targeted big rig trucks. The NICB is working closely with its member companies, the Nevada Insurance Council, the Nevada Highway Patrol, and the Nevada Attorney General’s Office to track down the organizers behind these schemes.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53844-nicb-staged-accidents-targeting-big-rig-trucks-could-turn-deadly
Travel Insurance also know as Visitors Insurance is a insurance that is intended to cover medical expenses and financial (such as money invested in nonrefundable pre-payments) and other losses incurred while traveling, either within one's own country, or internationally. Student travel, adventure travel, business travel, cruise travel, leisure travel, and international travel are all the options that can be insured through MatrixIA
Too many Americans have taken themselves out of the market for life insurance as a result of outdated assumptions about pre-existing conditions and insurability. That is one of the conclusions drawn by Genworth life insurance experts from a review of the 2012 Genworth LifeJacketSM Study data.
To view Multimedia News Release, go to http://www.multivu.com/mnr/54345-genworth-financial-lifejacket-study-life-insurance-health-conditions