An estimated $1 billion in aviation insurance is expected to cover the Germanwings A320 tragedy.
Can companies insure against a government shutdown? Perhaps, says an expert, but most probably don’t.
Insurance for sporting events will likely be affected by the Boston Marathon bombings, according to a major risk modeling firm.
Way back in the pre-now days, it could take years for consumer complaints to catch up with a company. But today, thanks to the now-ness of social media, corporations can lose millions overnight if they’re called out on Facebook or Twitter for an egregious policy or practice. Just ask Bank of America. What’s a poor
Tempers are flaring once again over yet another authorization lapse in the National Flood Insurance Program, or NFIP, which Congress allowed to expire at midnight on May 31st. Lawmakers are not expected to address an extension before June 7 at the earliest, leaving frustrated homebuyers, home sellers, Realtors and insurance agents unable to obtain coverage
Here on Florida’s Gulf Coast, we sit and wait and wonder: Will our homeowners insurance absorb some of the sticky, smelly loss should the BP oil spill soil our property? Floridians are used to dealing with a boatful of home insurance coverages that indemnify us against the perils of paradise: federal flood insurance, hurricane coverage,