Flood Insurance: Is Congress Doing Enough To Fight Rising Costs?

Flood Insurance: Is Congress Doing Enough To Fight Rising Costs?

By Toni Matthews-El October 1, 2014

The Federal Emergency Management Agency rolled out new flood maps to show which Americans live in areas more prone to flooding and therefore require flood insurance coverage. The map sent flood insurance rates through the roof in certain locations. Jack …

Obamacare Fines: Not Prohibitive for Some Obamacare Fines: Not Prohibitive for Some

WIth less than a week to go before Americans can start signing up for and buying health insurance through exchanges provided by the controversial Affordable Care Act (ACA), many are seeking to understand the penalties that will be levied on …

Home Insurance: The Hartford Extends AARP Program Home Insurance: The Hartford Extends AARP Program

In a press-release earlier today, The Hartford announced plans to extend its agreement with AARP (formerly the American Association of Retired Persons) to offer home and auto insurance to its memebers for 3 more years: “For many years, The Hartford …

Healthcare Law, Is Everyone Ready For It? Healthcare Law, Is Everyone Ready For It?

It’s rapidly approaching. That time when laws within the United States force a change in the healthcare payment structure. Are we all ready for it? What were the steps that led to this change? President Obama shared his reasoning behind …

Google Launches Car Insurance Comparison Tool In France Google Launches Car Insurance Comparison Tool In France
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Google has expanded its car insurance rate comparison tool in France at its Google.fr domain. The feature was spotted by blogger Quentin Ducreux Lerebours at Rude Baguette. He writes: For now, users can get price comparisons for only 7 companies …

Driver With Suspended License And No Insurance Kills Motorcyclist And Leaves Scene Driver With Suspended License And No Insurance Kills Motorcyclist And Leaves Scene


I’d like to honor Mr. Robert Wilson, a sixty-four year old father who was driving his blue Suzuki motorcycle on the northbound Capital City Freeway near El Camino Avenue around 10 p.m. on October 24th and was needlessly killed by …

Google Ventures Invests In Weather Insurance Start-Up

Google Ventures and Khosla Ventures have invested $42 million in a weather insurance start-up founded by former Google employees, called WeathrBill.

WeatherBill’s technology platform compiles large amounts of weather data from a variety of sources, then sells insurance based on statistical analysis.

A Funny and Interesting Look Into iPhone Insurance Claims

‘I dropped it from a hot air balloon’ and ‘my dog mistook it for his favourite toy and chewed it to bits’ are among the bizarre insurance claims made for lost and damaged iPhones over the last 12 months, it emerged yesterday.

Other unusual claims include ‘I lost it while skydiving’, ‘I dropped it in a blender’ and ‘It fell into the kettle’.

The weird and wonderful claims came to light in a study by gadget insurers www.protectyourbubble.com.

Google Letting Users Post Their Health Records Online

Before we get started I need to tell you that I will need to fight a strong bias here to write about the issue of health records online. I have some google-health-logobackground in the use, power and neglect of medical records from my days in the insurance business.

29 Fortune 100 Companies Have Negative Google Results
I thought we’d find some gems by keeping an eye on the blogs of our readers, and 97th Floor proves us right.

Insurance Co: Blogs Are A Liability
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An insurance carrier told a New Jersey law firm that they could not cover the firm’s Web site if they had a blog. The insurance company Chubb saw the blog as a liability and fretted that the content could be viewed as legal advice.

The Analytics Opportunity

Final interesting article in DM Review this month – Dealing with Data: Data Analytics: A Huge Opportunity by Shari Rogalski. She does a nice job of summarizing the research and makes some good points. A couple of things I wanted to highlight:

* You must move to a predictive mindset, not an analyze-the-past mindset. Check out my predictive analytics FAQ if you are not sure what this means

iPods, Your Identity, Get Digital Insurance

Homeowners’, flood, car, health, unemployment, and now iPod insurance? How would like to add identity theft insurance to your plan? With the digital age now comes digital insurance.

Disney to Provide ‘iPod’ Content Insurance

A disaster befalling an iPod usually means having to repurchase content, but a plan from major content provider Disney will cover those lost songs and videos.

Business Insurance for the Small Business

If you’re still in the planning stages of starting a new business, you’ve probably enumerated all your expenses and laid out all your needs in a business plan. In the excitement of actually getting your business up and running, it’s too easy to plan for the best and forget to prepare for the worst. A little insurance can go a long way to help your business over crises and rough spots.

Humana and Virgin Team Up on Insurance

Health benefit company Humana and Virgin announced that they have formed a business alliance.

GE To Sell Medical Insurance Unit to Berkshire Hathaway

GE Insurance Solutions is selling Medical Protective Corporation to Berkshire Hathaway unit, National Indemnity.