News

08 October 2012

Colorado Home Insurance On the Rise: A Sign of Things to Come?

Aric Mitchell, Posted in News

Colorado Home Insurance On the Rise: A Sign of Things to Come?

What happens when the money runs out? That's the question to which Colorado homeowners are now hearing some pretty tough answers.

According to the Property Casualty Insurers Association of America, Colorado insurance providers have exceeded the amount of premiums collected by significant margins: $1.68 for every $1 collected in 2009 and $1.37 for every $1 collected in 2010. Three consecutive years prior, the state was collecting more premiums than it paid out.

04 October 2012

Allstate, Rosario Dawson Unleash Power of the Purple Purse

Aric Mitchell, Posted in News

Domestic Violence Awareness Campaign Gets Legs

Allstate, Rosario Dawson Unleash Power of the Purple Purse

The issue of domestic violence affects 3,480 women (on average) every day and kills 1,100 women per year. As a result of this issue, the Allstate Foundation and actress Rosario Dawson are partnering on a new campaign to raise awareness.

Through the Purple Purse campaign, Allstate hopes to make October 2012 one of the most successful Domestic Violence Awareness Months of all time.

04 October 2012

Allstate Poll Shows Americans Still Optimistic about Upward Mobility

Aric Mitchell, Posted in News

Allstate Poll Shows Americans Still Optimistic about Upward Mobility

Yes, times are tough, but for Americans that doesn’t mean waiving the white flag, according to a new poll released from Allstate Insurance and the National Journal.

The findings, presented in a Wednesday (Oct. 3) press release, show that Americans possess a largely optimistic view of upward mobility, or the ability to improve one’s status in the world, while acknowledging that it’s tougher to get ahead than it used to be.

02 October 2012

Americans Hesitant to Seek Medical Treatments

Aric Mitchell, Posted in News

Americans Hesitant to Seek Medical Treatments

If you get sick, will you go to the doctor? 

That’s the question that was presented by a recent 800-person survey conducted by the Hill & Knowlton Strategies company in New York. 

The results: about 33% of Americans still say they are hesitant to go to the doctor for medical treatments when needed. And, of course, the number one thing keeping them indoors is the expense.

01 October 2012

Auto Insurance Actuaries are More than Driving Performance

Aric Mitchell, Posted in News

Auto Insurance Actuaries are More than Driving Performance

Is it fair to base insurance pricing estimates on factors, such as marital status, occupation, and education level, or is it a form of insurance discrimination? 

That is the question posed by a recent study from the Consumer Federation of America (CFA). In a recent Hartford Courant article, the organization claimed that it found an annual premium difference of $3,446 (or just under $300 per month) for a Miami-based customer applying to a major insurance company based on a number of alternating factors.

26 September 2012

Health Insurance in 2014: South Dakota

Aric Mitchell, Posted in News

Health Insurance in 2014: South Dakota

South Dakota is the latest to join approximately half the states in the U.S., who will not be taking part in the Affordable Care Act (ACA) healthcare exchanges. The federal government requires all participating health exchanges to be fully autonomous by 2015, according to ACA.

24 September 2012

Alabama Tightens Screws on Uninsured Drivers

Aric Mitchell, Posted in News

Alabama Tightens Screws on Uninsured Drivers
Alabama is about to go from being one of the least insured states in the U.S. to being one of the most. On Monday (Sept. 24), Bloomberg BusinessWeek reported that a new law regarding uninsured motorists would take effect Jan. 1, 2013 and greatly reduce the 22% rate of uninsured motorists in the state.
 
 

21 September 2012

State Farm HomeIndex Product Puts Customers on the Cloud

Aric Mitchell, Posted in News

State Farm HomeIndex Product Puts Customers on the Cloud

Everything is on the cloud these days, and now your home can be, too. State Farm announced its State Farm HomeIndex product this week, allowing existing customers the opportunity to take pictures and organize personal property products in their home by room. Details may also be cross-referenced by category, and the insured can add pertinent details about the item in question.

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