Life Insurance for your Family, Why it is Important
July 7, 2009 by Be Safe Insure
Filed under Life, Term Life Insurance, Whole Life Insurance
Life Insurance for your Family, Why it is Important Because life insurance ensures financial security in the event of one’s death, it is one of the most important life investments a person can make. There are many life insurance plans available including cheap insurance policies for those who cannot to start with a large insurance [...]
When It Comes to Lowering Your Auto Insurance Premiums, Every Dollar Counts
June 29, 2009 by Be Safe Insure
Filed under 1. Commercial Insurance, Car - Truck
When It Comes to Lowering Your Auto Insurance Premiums, Every Dollar Counts Whenever anyone starts talking about saving money on insurance, the first thing that comes up is “raise your deductible.” That will work and so will having all your insurance policies in one place. (Companies tend to offer discounts for multiple policies.) But that’s [...]
Self Employed Insurance
June 20, 2009 by Be Safe Insure
Filed under 1. Commercial Insurance, Self Employed
To be successfully self-employed, you must wear many hats, one of which is the hat of the ‘Human Resources – Benefits’ professional. Determining the right insurance for you, including accident, health, dental, and vision insurance coverage, is important for you now that you are self-employed. And the right time to sort out your insurance needs [...]
AMERICAN INSURANCE ASSOCIATION: H.B. 1657 INCREASE LITIGATION & CONSTRUCTION COSTS
April 17, 2009 by Be Safe Insure
Filed under Insurance Companies, Insurance Regulation
AMERICAN INSURANCE ASSOCIATION on workers’ compensation insurance: H.B. 1657 WILL INCREASE LITIGATION AND CONSTRUCTION COSTS WASHINGTON, DC, April 16, 2009 – The American Insurance Association (AIA) today expressed its strong opposition to H.B. 1657 which seeks to overturn a recent unanimous decision by the Texas Supreme Court. In 2008, the Texas Supreme Court held in [...]
Texas Hurricane Insurance Claims Create 2008 Loss for Insurers
March 24, 2009 by Be Safe Insure
Filed under Homeowner's Insurance, hurricane insurance, Insurance Companies
For half a decade, Texas insurance companies showed strong profitability with loss ratios of only < 60%. That was before 2008. Then, in 2008, Taxes insurers were force to pay out on one of the most destructive hurricanes in state history, i.e. hurricane Ike hitting Galveston and Houston, the Texas Department of Insurance reported. The [...]
Insurance Companies to Disclose Climate Change Risk
March 18, 2009 by Be Safe Insure
Filed under Car - Truck, Earthquake Insurance, Fire Insurance, Flood Insurance, hurricane insurance, Insurance Regulation
US insurance regulating body, National Association of Insurance Commissioners (NAIC), now demands insurance companies to disclose how climate change will affect them. NAIC is aware of the huge risk that environment change entails, however it lacks information of how the insurance industry is planning to respond. Concerns are the availability and affordability of insurance policies [...]
The Danger of President Obama’s Insurance for Children (SCHIP)
March 16, 2009 by Be Safe Insure
Filed under -, 2. Personal Insurance, Health
We have already written quite a bit about the changing Obama will be bringing to the world of insurance. The following press release sheds light on what is happening in the field of health insurance for children. “The Danger of President Obama’s Insurance for Children (SCHIP) Democrats are moving quickly to socialize American health care [...]
California: San Francisco Bay Area’s Huge Flood Control Cost
March 13, 2009 by Be Safe Insure
Filed under Emergency Preparedness, Flood Insurance, Property, Trends
The Pacific Institute in Oakland, California, explains in its state-commissioned report that California needs to invest about $14 billion to protect its coastal regions by the end of the century. Furthermore, it will need a further $1.4 billion/year thereafter for maintenance. California faces either costly or dramatic times ahead in its control of the elements. [...]
Tax Tips: Income Tax On Which Income?
March 6, 2009 by Be Safe Insure
Filed under 2. Personal Insurance
I came across this neat little article on taxes and insurance. It was posted on msn.com from KHQ-TV. I thought that some tax tips would be timely and appreciated. “While most income you receive is generally considered taxable, there are some situations when certain types of income are partially taxed or not taxed at all. [...]
Fed: World Largest Insurance Company AIG Irresponsible
March 4, 2009 by Be Safe Insure
Filed under 1. Commercial Insurance, 2. Personal Insurance
“Fed Chief Says Insurance Giant Acted Irresponsibly” report Stout, Knowlton, and Zeleny in the New York Times yesterday. The talk is about AIG, the largest insurance company in the world. Presenting to the U.S. Senate Budget Committee, U.S. Federal Reserve Chair Ben Bernanke concluded the country was facing “a prolonged episode of economic stagnation” if [...]
