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California Enacts Life Insurance Death Benefit Law

6 January, 2012

California enacted a death-benefit law this week that will place new requirements on life insurance companies. In response to complaints that insurers routinely failed to contact or pay death settlements after policyholders died, the government has moved to increase protections for beneficiaries.

Over the past year, California state officials have looked into the activity of life insurance companies after discovering that many were failing to alert beneficiaries of settlement payouts owed—and in some cases, even choosing not to attempt to find them.

Instead, the companies were storing death benefits in so-called retained asset accounts (RAAs) that accrued interest over time.

Companies in California were required to either pay beneficiaries within a three-year period or turn the funds over to the states comptrollers office. H

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New Reforms Mean Civil Litigation

6 January, 2012

According to the Association of British Insurers (ABI), the proposal of government on reform of the civil litigation system can lead to cheaper insurance for costumers. A discussion was held this week by Justice Secretary, Kenneth Clarke.

The proposal is good news for genuine claimants. The proposal includes successful claimants in no win, no fee cases having to pay lawyers.

The trade body for the insurance industry has urged government to reduce the high level of legal costs in settling personal injury claims to reform the current system.

These high costs are the main reason of hike in the car insurance.

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Guest Post: very big dog versus very small dog

17 December, 2011

Today,Dr. Rex Riggstalks about aspects to think about when considering very big dogs versus very small dogs. Dr. Rex Riggs is the owner of Best Friends Veterinary Hospital in Powell, Ohio. He is a veterinarian, and an Advisory Board member of Embrace Pet Insurance.

The first two questions tend to be more personal choices. Many people grew up with or have admired a certain breed and that influences their choice. Some people want to “save an animal”, and opt for dogs from our many shelters and rescue groups. Every breed has a rescue group now days and you can find a rescue group for any breed you want, so you can get your favorite breed and save an animal at the same time. Jus

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What are some reliable student athlete health insurance companies?

13 December, 2011

There are many student athlete health insurance companies that you can review online or you can utilize other resources that may already be available to you, like a coach or high school administrator.

Compare online health insurance quotes now, place your zip code into the free box.

Your research should yield a good list of health insurance companies that will provide special attention to your student athlete; you just need to make sure they are able to manage your needs. The best way to check the effectiveness of your prospective insurance company is to check their rating with the Better Business Bureau.

Access the site and review the status of the health insurance company you are considering.

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Halo Insurance Services Wins Prestigious Industry Award

10 December, 2011

iCarhireinsurance.com’s parent company, Halo Insurance Services Ltd, has won the Insurance Times Brokers Innovation of the Year Award 2011 in a glittering Awards Ceremony on 6 December 2011.

The Insurance Times Awards are the Oscars of the insurance world.

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