November 29, 2011 • Insurance Analyst • Comments • • Tags: Technology
Celent senior analysts, Asian Financial Services Group
Admission to the event is FREE for Celent clients, insurers, technology firms and the media, but space is limited and pre-registration by Wednesday, January 4 is required.
Please click here for more information.
November 25, 2011 • Insurance Analyst • Comments • • Tags: Insurance, Life Insurance
Buying a life insurance policy is something you should consider for the sake of your family. The benefit can help your loved ones through the difficult time they will experience if you pass away unexpectedly. However, you should not buy the first policy that you find. Take some time to look over all of your options and decide what you need. Consider what is offered in several different plans and educate yourself about what you will need and what you can afford. Below are ten things you will need to know before you buy a policy.
Missing Payments Will Void the Policy
If you do not make your premium payments on time, your policy could be cancelled.
November 20, 2011 • Auto Insurance • Comments • •
With the holiday season in full swing and seasonal soirees scheduled, insurance industry experts are warning anyone who is planning a private party about the risks involved in serving alcohol to guests, particularly in states such as New Hampshire.
All but two states—Florida and Nevada—have social host liability, or “dram shop” laws, under which licensees and employees of bars, restaurants and other establishments may be held civilly and sometimes criminally liable if an overserved guest winds up hurting someone in a drunken driving crash or other incident.
The laws vary widely between states, but they all offer an injured person some method of suing the person who served alcohol to whoever caused the injury, according to the Insurance Information Institute (III). And in
November 18, 2011 • Readers Posts • Comments • • Tags: Austin Film, Austin Film Festival, Esurance, Film Festival
Here at Esurance, we’re more than just actuarial gurus — you might call us culture vultures as well. That’s why we actively support both the Austin Film Festival and the San Francisco International Film Festival.
At this year’s Austin Film Festival, we sponsored the coveted Audience Award, which gives festival attendees a voice, letting them select their favorites in each of the event’s categories. It’s a significant award for aspiring and established filmmakers alike, and past winners have gone on to receive even more prestigious recognition.
Danny Boyle’s critically acclaimed “Slumdog Millionaire,” which won 8 Academy Awards in 2008, and Diablo Cody’s wildly popular “Juno” both grabbed the Audience Award in years past.
But for those honored, hopes of future Academy recognition aren’t the only reasons the Audience Award means so much. Here’s what a couple of th
November 18, 2011 • Auto Insurance • Comments • • Tags: Quarter, Second Quarter
The second quarter results of 2011 seem to suggest a tumultuous phase due to the thunderstorms and tornadoes in Midwest and the South. The auto insurance industry loss ratio prior to consideration of reinsurance has climbed to 70.6% and has marked the industry’s worst second quarter performance since 2001. This has even outpaced the loss ratios of 58.1% and 56.2% in 2010 and 2009 during the second quarters, according to SNL insurance which is a division of SNL. The industry premium has essentially remained flat and has decreased just 0.2% from the second quarter of 2010.
The auto insurance companies were also seriously affected due to the major catastrophes. S
November 13, 2011 • Insurance Analyst • Comments • • Tags: Class, Class Definitions
When you’re just breaking into the lingo of RV classes, it can be a bit confusing. Comparing types of RVs is actually quite easy once you know what you’re looking at. More importantly, it helps to know what you’re really looking for when you’re ready to purchase.
One of the most anti-intuitive aspects of comparing motor home classes is that they are not ranked by size. While a class A motorhome will be very large, class B motorhomes are the smallest and class C usually falls in the middle, size-wise. Below, we explain the real differences.
Class A Motorhomes
Class A motorhomes do tend to be the largest and look like large busses with flat noses and a long, rectangular body. You get
November 12, 2011 • Auto Insurance • Comments • • Tags: Excess Protection, Protection
Insurance affinity specialist Junction has announced a new Excess Protection add-on product for Bradford & Bingley motor insurance customers.
Customers taking advantage of the two-tier Excess Protection product will be able to claim back their excess for a non-fault claim after it has been settled.
Customers can opt for either a £300 or a £500 coverage level, as they wish.
Managing Director Peter Thompson said that Junction was continously seeking to enhance the offering of its brands’ products.
Thompson described the new product as an affordable enhanced cover option that presented policyholders with more choice to protect themselves, a particular concern given the challenging economic environment.
Thompson went on to say that the firm aimed to expand the range of add-ons to offer customers even greater choice, as well as bolstering customer retention.
November 8, 2011 • Insurance Analyst • Comments • • Tags: Homeserve, Homeserve Puts
Following a temporary suspension, HomeServe has recommenced limited sales and marketing activities.
In October, the home emergency insurer responded to accusations of mis-selling by suspending outbound sales calls, reviewing protocols and retaining staff.
The group is now in the process of reviewing its direct mail marketing material and re-contacting customers in relation to complaints from last winter that may not have been dealt with appropriately.
The company says it continues to handle claims as usual, with over 14,000 home emergency repairs completed during the last week, and very few customers cancelling their policies.