Batten down the hatches and check your insurance policy



a person sitting on a bench next to a body of water: Tom Reyno is shown strapping down his dock on Monday in Herring Cove, N.S., in preparation for Teddy.


© Kayla Hounsell/CBC
Tom Reyno is shown strapping down his dock on Monday in Herring Cove, N.S., in preparation for Teddy.

On Monday afternoon, Antigonish, N.S., resident Paula Romanow was busy doing the same thing as many others in the Maritimes as she cleared her deck in anticipation of Teddy’s arrival.

The storm is expected to hit the area hard, so Romanow made sure anything that could be blown away in high winds was removed and stored.

“This isn’t my first hurricane and it’s not for many others, either,” Romanow said.

Putting away possible projectiles is a good way to reduce potential damage from high winds, according to Amanda Dean, Atlantic vice-president with the Insurance Bureau of Canada.

The organization represents insurance companies and Dean said they are geared up and prepared to deal with damage claims from the storm.

Hurricane Teddy is expected to become a post-tropical storm as

Read More

Continue Reading

National General Insurance review 2020: Car and home

With 100 years of experience, National General car insurance is one of the largest automobile insurers in the United States. Its close ties with the automotive industry began at the company origin as General Motors Acceptance Corporate Insurance or GMAC Insurance. National General is the only insurance provider in the United States to have started within the automotive industry.



a person standing in front of a building: husband and wife sitting on the front steps of their house


© Hero Images/Getty Images
husband and wife sitting on the front steps of their house

In 2013, GMAC Insurance became National General Insurance and has since broadened its coverage offerings by selling home and property insurance policies in addition to auto insurance policies. National General Insurance’s deeply rooted ties in the automotive industry give it an experience that sets the provider apart from competitors. The ability to get both home and auto insurance coverage makes National General an insurance one-stop-shop.

National General car insurance

National General auto insurance ranked 17 out

Read More

Continue Reading

AM Best Revises Under Review Status to Developing for Credit Ratings of StarStone Specialty Insurance Company and StarStone National Insurance Company – Press Release

OLDWICK, N.J.–(Business Wire)–AM Best has revised the under review status to developing from negative for the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of StarStone Specialty Insurance Company (SSIC) and StarStone National Insurance Company (SNIC) (collectively SSUS). Both companies are domiciled in Wilmington, DE.

The revised implications status follows additional information provided regarding SSUS’ business plan moving forward and reinsurance support provided by Enstar Group Limited, the current majority shareholder. These ratings were initially placed under review on June 12, 2020, following the announcement of a re-capitalization plan (see related press release). Going forward, Enstar will maintain a significant, but minority ownership position in the SSUS venture and continue to provide reinsurance support, while new investors will provide a material capital increase. The transaction is still subject to regulatory approvals and is expected to close by year-end 2020. The under review status

Read More

Continue Reading

Five mistakes to avoid while buying health insurance



a close up of a piece of paper


© Provided by Zee Business


During these unprecedented times with COVD-19, our priorities and perception towards life have changed in many ways. People have realised the importance of health and taking care of it from the early days of life. The world we live in today is already full of uncertainties and prioritising our health has become one of our major tasks. We need to have a financial backup as medical costs are skyrocketing. Many have now understood the importance of having a health insurance policy, but people often fail to buy the right one that suits their requirements. 

Here are a few suggestions that one should consider while purchasing a health insurance policy, which is now easily available online in a contactless manner. 

See Zee Business Live TV streaming below:

Never ignore exclusions: Exclusions are situations that are at times not covered by your insurer. People often only go

Read More

Continue Reading

Insurance companies reluctant to renew fire insurance for countless Bay Area homeowners

BEN LOMOND, Calif. (KGO) — There’s concern that homeowners throughout the Bay Area may have increasing difficulty finding a company willing to insure their homes. New laws are in place to protect homeowners, but are they working?

“Family,” Denise Fritsch proclaims as she shows off a family photo she found at the home she grew up in more than 50 years ago.

The Ben Lomond resident evacuated to her mom’s house after being chased out of her home by the CZU Complex Fire.

App users: For a better experience, click here to view the graph in a new window.

She’s much more relaxed after learning her home escaped any damage.

“So we know how lucky we are, but so many in our community and all up and down the state of California have been affected,” Fritsch said.

Her insurer AAA informed her in July it would not be renewing her

Read More

Continue Reading

AM Best Assigns Credit Ratings to Highlander Specialty Insurance Company

TipRanks

These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor

Is more volatility on tap for stocks? Following a three-week losing streak, the longest in about a year, all eyes are on the market. The three major U.S. stock indexes have struggled for the last few weeks as the titans of tech, which have fueled the charge forward from COVID-induced lows, came under pressure due to overheated valuations, with market watchers waiting to see how renewed lockdown fears will come into play.So, what’s the bottom line for investors? Even though uncertainty remains as Wall Street gears up for the fourth quarter, the pros are pounding the table on a select few names, noting that these tickers boast strong long-term growth narratives.Bearing this in mind, our focus shifted to two penny stocks backed by investment firm Cantor. Major gains could be in store, as the firm’s analysts

Read More

Continue Reading

Warren Buffett’s Berkshire Hathaway Acquires 5% Stakes in Japan’s Top Five Trading Companies

The MarketWatch News Department was not involved in the creation of this content.

Sep 21, 2020 (Equities.com via Comtex) —

(Reuters) – Berkshire Hathaway Inc said it has acquired slightly more than 5% of the shares in five large Japanese companies, marking a departure for Chairman Warren Buffett as he looks outside the United States to bolster his conglomerate.

In a statement on Sunday, Buffett’s 90th birthday, Berkshire said it acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co and Sumitomo Corp over approximately 12 months.

Berkshire said it intends to hold the investments for the long term, and may boost its stakes to 9.9%. A Berkshire insurance business, National Indemnity Co, is holding the shares.

“I am delighted to have Berkshire Hathaway participate in the future of Japan,” Buffett said in a statement. “The five major trading companies have many joint ventures throughout the world

Read More

Continue Reading

Who’s hiring during the pandemic?

Brightway is hiring Customer Service Representatives to start in its new hire training classes slated for October and November.

JACKSONVILLE, Fla — Jacksonville-based Brightway Insurance has openings for its Customer Service Representative role, which takes inbound calls from customers and agents. 

“If you have a background in customer service, insurance, retail, sales or a related customer-facing field, we encourage you to apply online,” said Brightway’s Senior Director of Human Resources, Linda Hill. “We specifically want people who have great communication and interpersonal skills.”

Brightway is currently hiring to fill the next two classes scheduled to begin Monday, Oct. 14, and Monday, Nov. 9. 

Candidates who want to be considered for the October class should submit their applications this week.

According to representatives for the insurance company, employees enjoy a competitive salary, paid time off and benefits, including medical, dental, life and disability insurance. They also enjoy a 401(k) plan with

Read More

Continue Reading

AM Best Places Credit Ratings of MGA Insurance Company, Inc. Under Review With Positive Implications

TipRanks

Time to Bottom Fish? Top Analyst Offers 3 Stocks to Buy

September saw some serious market losses, from 5% in the Dow to 9.5% in the NASDAQ. In the wake of it, investors must decide what those losses mean, and how it will impact investment strategy going forward. And for that, investment bank Oppenheimer has some suggestions.The firm’s 5-star analyst Ittai Kidron has tagged three tech stocks in which he sees plenty of room for near- to mid-term growth. Kidron is an expert in the market’s technology sector, and is rated among the Street’s 25 best analysts, with a 72% success rate to his forecasts and a 34.5% average return on his stock picks. Using TipRanks’ Stock Comparison tool, we were able to evaluate these 3 stock picks alongside each other to get a sense of what the analyst community has to say.Smartsheet, Inc. (SMAR)Kidron’s first pick is Smartsheet,

Read More

Continue Reading

Sagicor Life Insurance Company and Vida Life Announce Partnership

SCOTTSDALE, Ariz., Sept. 14, 2020 /PRNewswire/ — Sagicor® Life Insurance Company (Sagicor) and Vida Life (Vida) are pleased to announce that they have entered into a strategic partnership. Sagicor’s products and industry-leading Accelewriting® underwriting process combined with Vida’s insights in creating a quality bi-lingual experience will allow both companies to provide a new, innovative life insurance purchasing experience. Together, they will provide individuals with the opportunity to purchase insurance products that will protect them, help them to grow, and allow them to give back to their communities.

“This partnership supports Sagicor’s continued commitment to innovative life insurance products that are easily accessible to our family, friends, and neighbors,” said Bart Catmull, President and Chief Operating Officer. “With Vida’s advanced relationships in the Hispanic community and Sagicor’s solutions, we have a unique opportunity to continue to provide growth and protection to our customers

Read More

Continue Reading

Load More