Dec 042016
 

Hairdresser insurance is not optional but rather mandatory for hairdressers, beauticians and even nail therapists. Whether you own a salon or you offer mobile services, you do need to buy the insurance. Buying salon insurance does not only show willingness and maturity, but also awareness of risks involved and the willingness to adhere to set safety and health measures in the industry. When you have the cover you also demonstrate a willingness to bear the financial risks of running the salon or when working as a hairdresser, beautician or nail therapist. There are so many insurance companies offering salon insurance […]

Dec 042016
 
Insurance groups set merger vote for mid-2017

Members of the National Association of Professional Surplus Lines Offices Ltd. and the American Association of Managing General Agents will vote on their proposed merger in mid-2017, assuming a merger committee issues a favorable report, NASPLO said Friday. Kansas City, Missouri-based NAPSLO and King of Prussia, Pennsylvania-based AAMGA announced they were discussing the merger in October.   An announcement on the vote will be sent at least 60 days in advance, according to the message sent to NAPSLO members by president Dave Leonard and merger committee chairman Hank Haldeman. A similar message was sent to AAMGA members last month. About 77% […]

Dec 042016
 

What’s distracting you from driving safely? Have you ever taken your eyes off the road, even just for a few seconds while driving? Come on… be honest! The truth is, or course we all have. And we likely travelled the length of a football field in that short time, which is scary when you think about it. That’s plenty of room for a collision to happen. Keeping distractions to a minimum will help reduce your risk. Distracted driving is a factor in one in four crashes. And it’s more than just texting; a distraction is anything that takes your full […]

Dec 042016
 
D&O liability increasing as shareholder activism rises

D&O liability increasing as shareholder activism rises Emerging perils include cyber and data privacy as well as reputational risks such as climate change impact. Staff on December 1, 2016 New risks such as cyber incidents and data privacy, rising regulator and shareholder activism and the influence of third party litigation funders are putting corporate leaders under more pressure of falling foul of investigations, fines or prosecution over alleged wrongdoing, according to a new risk report by Allianz Global Corporate & Specialty (AGCS), a provider of Directors and Officers (D&O) insurance globally. Directors and officers walk a managerial tightrope as executive […]

Dec 032016
 

There is nothing more convenient that affordable car parks at area airports. In fact, these venues play a pivotal role in most passenger arrivals and departures. When it comes to finding the right venue to meet your needs, you have to decide whether you want to park your vehicle inside the terminal or outside. No matter which option you choose, you are guaranteed timely and professional services across the board. Terminal car lots tend to cost a bit more than those outside and adjacent to the airport. However, these services offer the same security and protection as outer lots. This […]

Dec 032016
 
A.M. Best expands Best’s Impairment Rate and Rating Transition Study

A.M. Best expands Best’s Impairment Rate and Rating Transition Study Report states that nine insurers were added to its impaired companies list in 2015. Staff on December 1, 2016 In a step designed to further enhance transparency, A.M. Best’s latest special report on the long-term impairment rates of A.M. Best-rated U.S.-domiciled insurance companies presents more granular impairment statistics associated with Best’s Credit Ratings. In addition, the report states that nine insurers were added to its impaired companies list in 2015, a group that includes eight property/casualty insurers and one life insurer. The Best’s Special Report, titled, “Best’s Impairment Rate and […]

Dec 032016
 

Did you ever think that someday you would compare insurance quotes from the privacy of your own home? I bet you never thought that you would compare insurance quotes from a Panera Bread or WIFI hotspot. What a great world we live in these days. We can accomplish almost everything we need to sustain life-online. Let's talk briefly about attaining car insurance. The main tip for buying your insurance online is to compare insurance quotes and compare policy content. This can be quite easy as there are websites that will do the work for you. Just keep some things in […]

Dec 032016
 
Economical wins P&C Insurer of the Year at 2016 Insurance Business Awards

Economical wins P&C Insurer of the Year at 2016 Insurance Business Awards The 2016 Insurance Business Awards were held in Toronto on November 30. Staff on December 2, 2016 Economical Insurance was honoured as P&C Insurer of the Year at the 2016 Insurance Business Awards held in Toronto on November 30. The award recognizes the insurer that provides top-tier property & casualty insurance products to consumers and businesses in Canada. The judges’ key considerations for this award were standout achievements, revenue growth during the year, overall customer service and stakeholder engagement. “This award recognizes our bold strategy and amazing people. […]

Dec 022016
 

To anticipate spending too much money on medical expenses and car repair, purchasing insurance coverage is a good idea. In the event of accident, other people can be in danger too. If you are at fault, other people who are involved in the accident may file lawsuits against you. This particular circumstance will direct auto insurance company to handle all the necessary requirements, for example providing a lawyer, paying court fees, etc. Insurance company eliminates the hassles, so you will be able to do your everyday activities without worrying about the issues too much. Another reason is that driving without […]

Dec 022016
 
Swiss Re confirms targets, to focus on differentiation

The logo of Swiss insurer Swiss Re Ltd. is seen in front of its headquarters in Zurich./ REUTERS (Reuters) — Swiss Re Ltd. on Friday reaffirmed its financial targets and said it would focus on using research and development to access new growth areas in a challenging environment. The world’s second-biggest reinsurer has said it is targeting a return on equity of 700 basis points above risk-free 10-year U.S. government bonds and aims to grow economic net worth per share by 10% each year. It aims to raise its regular dividend along with long-term earnings or at least maintain it. […]