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Everything needed by the insurance claimant from Barry Zalma

Methods for insurers and their staff to act with the utmost good faith Ethics is a process for systematically applying, using, defending and recommending concepts of right and wrong behavior. Ethical behavior is required by both parties in an insurance contract for the system to work. Ethics is the core of insurance. Ethical behavior is required by both parties in …

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How Aetna Health Insurance Responds to Coronavirus (COVID-19)

Aetna is a health insurance provider headquartered in Hartford, Connecticut, USA. The main focus is to sell traditional and consumer-controlled health insurance and related services through employer-sponsored insurance and benefit programs and through Medicare. In an effort to make life easier for employees in the United States, Aetna has responded to Coronavirus as all insurance providers by doing the following. …

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How does my car insurance work if I hit another car I own?

Our insured (let's call him Sam), reversed his car from the driveway and met his wife's new Mustang. Of course, after the scream and the curse ended, the lady called us several questions, one of which included: "How will my car insurance in Ohio work if I hit another car I own?" Great question. This is how these claims work …

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The benefits of high value asset coverage

High value assets often include expensive homes in ultra-desirable locations, exotic cars, jewelry collections, art collections, yachts, high liability risks and even Internet security. Bogle Agency Insurance has partnered with Chubb to provide " insurance coverage for successful families and individuals with high value assets ". The benefits of high-coverage asset coverage are superior expertise and service. What are the …

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Legislation on pandemic reinsurance program is introduced

Rep. Carolyn Maloney, D-N.Y., A member of the Financial Services Committee, introduced official legislation late Tuesday to establish a federal pandemic risk reinsurance program, saying that an alternative plan supported by some insurance companies would not be adopted. H.R. 7011, the 2020 Pandemic Risk Insurance Act, would establish a federal business interruption backstop, including cancellation losses due to a future …

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SCOR scraps dividend; The CEO takes pay cuts

French reinsurer SCOR SE announced on Monday that it would withdraw its proposed dividend to shareholders and its senior executive would lose 30% of its bonus in light of regulatory recommendations issued since the coronavirus pandemic began. In a statement, the Paris-based reinsurer stated that Chairman and CEO Denis Kessler would give up 30% – or € 325,260 ($ 356,908) …

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Pandemic gives you a digital technology

Travel restrictions and lockdowns related to the coronavirus pandemic have made commercial property inspections and loss investigations more challenging to perform, experts say. Despite the difficulties, the pandemic will accelerate the long-term digital push across the industry and "1966002]" With government mandate lockups, property loss inspections have not been possible to any great extent, "said Gary Marchitello, president of Willis …

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Memorial Day Stay Safe! – Dan Sullivan Insurance

With permission from iii.org Holiday Memorial Day mode takes lots of holidaymakers out on the road, which unfortunately means more accidents. A new study found that Memorial Day is the deadliest of all holidays, with drivers and passengers four times as likely to die in a traffic accident during the weekend as during a regular weekend. And even though these …

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