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AIG to Offer Brexit Insurance

American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG UK will handle the product launch, which amounts to an addition to its existing directors & officers policies. It is with no […]

Head Injuries ‘Top’ Emerging Insurance Claim in WWE

Sports-related brain injuries are among the biggest new area for insurance claims, S&P Global Ratings warned on Thursday, shortly after the World Wresting Entertainment (WWE) was sued by more than 50 former wrestlers. The dozens of retired wrestlers have sued the WWE for neurological injuries allegedly sustained while participating in the professional fighting company’s tournaments. […]

Don’t Pokemon Go and Drive

New York local police issued a statement saying it responded to a car accident involving an injured driver after crashing into a tree whilst playing Pokemon Go: “Luckily the driver was not seriously injured but this is an example of how easily accidents can occur when someone is engaged in the game and not paying […]

Why do you need Home Insurance?

Looking to buy your first home and in the market for a house, apartment, unit or townhouse? If you are a first home buyer, understanding how home insurance can protect you and your investment is extremely important. A home is a valuable investment. And when you do make the commitment to purchase your first home, […]

Top 6 Beauty Industry Claims

AAMI’s claims data reveals the top 6 claims for small businesses in the beauty industry such as beauticians, hairdressers and nail technicians are: 1. Fire and storm damage 2. Glass 3. Theft 4. Money 5.Back in Business 6. Public Liability See PDF here. Source: Business Insurance Hub/AAMI  

Travel Insurance in the Ski Season

Brisbane lawyer and management consultant Robert Lake has been skiing for 25 years. He takes nothing for granted when taking out insurance for his skiing trips, and never assumes that the policy he took out last year will necessarily provide the same cover this year. “You can’t make assumptions when it comes to travel insurance. […]

Climate Change, Best Fought with Insurers

The Seattle Timesquoted Mike McGavick, CEO of XL Group, as saying: “The job of anticipating and modelling risks is in the wheelhouse of the insurance industry, and risk modelling is a gateway to resilience.” Joe Casola, Deputy Director of the Climate Impacts Group at the University of Washington, in theSeattle Times states, “climate change offers […]

Incensed Canadian Bikers Turn to Brokers After Premium Hikes

Incensed Canadian Bikers Turn to Brokers After Premium Hikes

In Canada, a number of motor cycle policyholders – often with clean driving records – have seen premiums rise substantially in 2015, upwards of 20%. TD General Insurance and Certas Home Direct have led the hikes with increases of 18.41 – 21.06% and together they hold 70% market share.  Following the almost 20% price, the […]

Insurance Lawyers Affected by Disaster Dip in NZ

The first major Canterbury, New Zealand earthquake occurred six years ago, however the 2010 and 2011 earthquakes continue to be a key driver of work for insurance lawyers. As time progresses though, the volume of work is steadily decreasing. Click here to read full article. Source: Insurance Business Online

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