The benefits of home insurance

We have all heard of home insurance policies. And most of us know the importance of such policies to safeguard our interests in our homes, especially if we are the home owners. We have heard about the horror stories of home owners who were stuck with the bills of repairing their houses, especially after a disaster.

This is why it is a commonly known fact that the home insurance covers possible losses to your home and also your belongings inside your home. Some of the home insurance policies also extend to include liability coverage. For most home owners, the biggest of their investment is their home. So it is no wonder why home insurance will be the first thing that pops into their mind after they have committed themselves to buying a house. Read more…

Lawsuits, Identity Theft Keep CEOs Up at Night

A recent survey of more than 200 Chief Executives indicates that third party lawsuits and identity theft are the biggest areas of concern for CEOs. When asked by Chief Executive Group, who conducted the survey, what keeps them up at night, 37% of respondents said being sued by a third party was a “high” or “very high” area of concern, while 57% indicated identity theft as such.   Survey Shows Invisible Risks for Senior Executives   The purpose of the survey was to ascertain senior executives’ awareness of business and personal “invisible risks” and measure their risk preparedness. Survey results indicate that while most CEOs surveyed were aware of risks to “hard” assets – homes, cars, boats, jewelry, etc. – Read more…

LIMRA Examines Life Insurance Customer Use of Online Services

Windsor, Conn. In a recent study of life insurance policyowners, LIMRA found that one in two have visited their life insurer’s website and 70 percent of those who visited, did so to use the online services.   Read more…

Vertafore Announces Acquisition of StoneRiver FSC

Bothell, Washing — July 19, 2011 — Vertafore , a leading provider of insurance distribution channel solutions, today announced its acquisition of StoneRiver FSC, Inc. from StoneRiver Group, L.P.  FSC, a market leader in California, Arizona and Nevada, delivers insurance rating and management systems to more than 6,500 customers, including independent agents, brokers, insurance carriers and managing general agencies across the country.   Vertafore Reinforces Commitment to Connecting the Insurance Distribution Channel to Help Customers Sell More Business Faster   “The acquisition of FSC demonstrates our ongoing commitment to delivering point-of-sale solutions that allow independent agents to increase revenue and efficiency by providing faster quoting and better service to their customers,” said Euan Menzies, president and CEO of Vertafore. “In addi Read more…

Allstate Agent Group to Vote on Union Affiliation

Gulfport, Miss., USNewswire/ – Tired of being controlled as employees and defined as independent contractors, members of the National Association of Professional Allstate Agents, Inc. , who feel threatened with the loss of their businesses will soon take part in a secret mail ballot vote that will decide whether the Association will affiliate with Office and Professional Employees International Union as a Guild.  The vote will be administered by the American Arbitration Association and be counted on Wednesday, August 17, 2011 at the AAA’s New York office.   Read more…