Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

The Main Reasons Why A Driver May Choose To Drop Coverage


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“Dropping car insurance is a delicate matter. In some cases, it is the smart thing to do”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has released a new blog that explains the main reasons drivers choose to drop car insurance coverage.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/drivers-usually-drop-car-insurance/

Dropping coverage means voluntarily renouncing to some extra layers of protection. Totally dropping coverage means becoming “uninsured”. Uninsured drivers are not allowed to drive. But first, let us review the main reasons a driver may have for dropping coverage. Get more info and free car insurance quotes from https://compare-autoinsurance.org.


  • Premiums are too expensive. This is by far, the most common reason. Some drivers decide that car insurance is too expensive and they no longer renew coverage. Furthermore, some people will not even pay the current coverage, forcing the company to drop them. However, this action will create a coverage gap. This gap will make future premiums more expensive. The alternative is to use online quotes, compare prices and tailor a cheaper coverage.
  • The current value of the car is really low. In this case, dropping coverage is the smart thing to do. However, we are talking about dropping only full coverage. Policyholders should keep active liability coverage. Keep in mind that insurance companies use the Actual Cash Value when reimbursing their clients.
  • Major life changes that make them drive less. Keeping really expensive coverage options active may be too much for people who travel very few miles per year. Again, it is recommended keeping liability only. People who retired or do not drive their cars during winter should ask about the coverage options.
  • When the policyholder no longer has a car. A person without a car can no longer be considered a driver. If the car was damaged or stolen and the owners does not plan to buy and drive a new one, he should inform the local DMV and the current insurer about this situation.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit https://compare-autoinsurance.org.

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North American Title Insurance Co. expands in Florida with addition of two state agency managers


North American Title Insurance Company

The individual attention we give to every agent on every level of their business has always been paramount at NATIC. While deepening our footprint in key Florida markets, this type of loyalty and steadfast commitment requires a growth in resources.

North American Title Insurance Co. (NATIC) has promoted Michele Ponce, formerly NATIC’s agency relationship manager, to the position of state agency manager, Florida, with a focus on South Florida. Angie Haddon has joined the company as state agency manager, Florida, with an emphasis on the Tampa region. The two will work closely with Geoff Harris, assistant vice president, regional agency manager, targeting new business growth and overseeing agency operations in their respective territories.

“The individual attention we give to every agent on every level of their business has always been paramount at NATIC,” said Harris. “While deepening our footprint in key Florida markets, this type of loyalty and steadfast commitment requires a growth in resources. Promoting Michele to state agency manager and adding Angie’s title operations expertise offers an opportunity to build strong relationships with new agents and add two more dependable resources for those agents who are already part of our robust network.”

Ponce served four years as a business consultant for North American Title Company prior to joining NATIC. A sales professional for 34 years, she also spent four years at the Miami Herald Media Company as a media consultant, selling online and print advertising, and four years at Lennar Homes as a new home consultant. In 2010, she taught a marketing principles course at Miami Dade Community College and worked as a business account executive at Windstream Communications. She is fluent in English and Spanish and is a licensed real estate agent and title agent and commissioned as a notary. Ponce graduated with a Master of Business Administration degree from the University of Miami and earned her bachelor’s degree in marketing from Florida Atlantic University. She serves on the leadership committee of the National Association of Hispanic Real Estate Professionals, as an ambassador in the Women’s Council of Realtors and on the board of the Mortgage Bankers Association.

“Michele’s charisma, enthusiasm and passion for the job and her clients is contagious. Her positive energy is felt by all those around her. These characteristics, added to her experience of bringing business into a title company for a good portion of her career, will enable her to be successful in supporting client growth,” Harris said.

“With deep roots in title and real estate, I am uniquely situated to help agents attract new business. I am that conduit between our title agents and the real estate industry in the Miami market, and will utilize my broad connections to cultivate new, productive and mutually rewarding relationships for our agents,” Ponce said.

Haddon comes to NATIC after serving as chief of operations for a prominent title agency in Tampa. Spending 10 years with the agency, she managed staff for seven locations, which involved recruitment, training, sales, marketing, client relations, and negotiating and closing deals. In addition, she helped build many facets of the company, including establishing and maintaining a consistent corporate culture and image throughout all offices, product lines, promotional materials and events. She is a licensed Florida real estate agent and title agent and commissioned as a notary.

“Given her background and extensive understanding of how an agency can and should run, Angie will have a notable and immediate impact as the go-to consultant for agents, whether they want to grow, contract, streamline or staff their agencies. She’s done all of that and looks forward to helping others do the same,” Harris said.

“With over a decade of knowledge gleaned in title operations, all of my agents will greatly benefit from our partnership. I am ready and excited to draw from my day-to-day title experiences and connections to help those that want to take their companies to the next level,” Haddon said.

Ponce and Haddon will also partner alongside attorney Jessica Hew, who has recently become the state agency manager for NATIC’s commercial division in Florida.

Ponce and Haddon use the mailing address of NATIC’s Florida office at 760 N.W. 107th Ave., Suite 401, Miami, FL 33172. Ponce can be reached at (786) 719-7863 or miponce@natic.com. Haddon can be reached at (727) 310-9010 or ahaddon@natic.com.

About North American Title Insurance Co.

North American Title Insurance Co. (NATIC) is a seasoned title insurance underwriter, helping title agents achieve the goal of true business success for more than 60 years. The company offers products and services for all real estate transactions, operating in 39 states and the District of Columbia. NATIC earned the reputation as the “underwriter next door” because its decision makers and associates are easy to reach and their processes are quick and straightforward, including a one-hour underwriting response guarantee that is unparalleled in the industry. The company holds an A’ (A Prime), Unsurpassed rating by Demotech, Inc. and an A- rating from Kroll Bond Rating Agency. NATIC associates believe in the company’s “Simple. Done Right.” philosophy, which encompasses building supportive partnerships with agents by simplifying processes, paying attention to minor details, and providing tools and education to feed their growth. NATIC’s parent company, States Title Holding Inc., is backed by a significant financial investment from Lennar Corporation and leading venture capitalists in Silicon Valley. NATIC is headquartered in Miami, Florida. http://www.natic.com.

For more information contact: Kelly McCarel, c: 440.590.6504; e: kmccarel@natic.com.

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Burke A. Christensen Joins Steptoe & Johnson Insurance Litigation Team


Burke A. Christensen has joined the insurance litigation team of Steptoe & Johnson PLLC. He practices in the firm’s Lexington office and maintains a professorship in risk management and insurance at Eastern Kentucky University.

“Burke’s unique experience as an attorney, educator, and expert witness adds depth to our growing litigation practice in Kentucky,” said Steptoe & Johnson CEO Susan S. Brewer. “His knowledge of the legal and business sides of the insurance industry will be invaluable to our team and the insurance providers we represent. We are thrilled to welcome him to the firm.”

Christensen has been involved with EKU since 2006 helping to educate generations of up and coming insurance professionals. He has taught undergraduate and master’s level courses in business risk management, insurance agency operations, alternative dispute resolution, estate planning, and many others. He led the university’s risk management and insurance program from 2014 until 2018 in addition to his professorship and was the Robert B. Morgan Chair of Insurance. In May of this year, Christensen received the EKU Colonel’s Choice Award as the Faculty Member of the Year.

Prior to entering the higher education field, he was the chief operating officer and general counsel for Concert Health Plan Insurance Company in Oak Brook, Illinois. He is the past vice president of operations and in-house counsel for web-based insurance brokerage agency Quotesmith.com, now Insure.com, where he led business operations and agent market conduct compliance. Christensen has also worked in private legal practice in some of the nation’s largest metropolitan areas. As general counsel for the Society for Financial Services Professionals, Christensen testified on insurance industry issues before state and federal legislative bodies, including the U.S. Senate.

Christensen has served as a consultant and expert witness for more than 15 years in hundreds of lawsuits in state and federal courts. He is a sought-after speaker and writer on an array of insurance issues and has addressed audiences in the U.S. and the United Kingdom. He earned his law degree from the University of Utah College of Law and his bachelor’s degree from Utah State University.    

About Steptoe & Johnson

Steptoe & Johnson PLLC is a law firm nationally recognized for its strengths in energy law with more than a century of know-how in the areas of business, employment, and litigation. Steptoe & Johnson has 300 attorneys practicing in 14 offices in Colorado, Kentucky, Ohio, Pennsylvania, Texas, and West Virginia. Visit http://www.steptoe-johnson.com and connect with us on Twitter and LinkedIn.

For more information, contact Betsy Spellman, Chief Marketing Officer, at (304) 933-8000 or by email: press@steptoe-johnson.com.

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Online Car Insurance Quotes Will Help Car Owners Find Better Car Insurance Rates


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“Online car insurance quotes can help drivers find better insurance deals. All they have to do is to fill in the form and start comparing offers”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains how online car insurance quotes can help policyholders find better car insurance deals.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/online-auto-insurance-quotes-will-help-you-find-an-advantageous-policy/

Every driver wants to obtain the best car insurance possible by paying as little as possible. The best way to find the best auto insurance possible is by using online car insurance quotes. Policyholders can sit in the comfort of their homes and obtain multiple online insurance quotes to compare.

Online quotes offer the following benefits for drivers that search for advantageous policies:


  • Brokerage websites offer multiple choices. When a policyholder chooses to fil a form on a brokerage website, he will receive multiple offers from multiple insurance companies that are licensed to sell policies in that area. Drivers will save time and will be less stressed knowing they have multiple insurance choices and not just a few.
  • Online quotes can help drivers preview the final price of their policy. Policyholders will have a better view on how much they will pay on insurance, how much they can save with the discounts they are eligible, and they can plan ahead a budget if they want to take advantage of the paid in full discount.
  • Online tools can be customized. Drivers can easily change the coverage parameters before obtaining quotes. They can change the levels of deductibles or what options and additional coverages they want. By doing so, they can find coverage that suits them.
  • Online quotes are free. Besides that, many insurers offer discounts for those policyholders that obtained insurance estimates from them.
  • Comparing online quotes is the best way to find affordable coverage. Drivers only need several insurance quotes to compare. Policyholders should remember to compare quotes that have the same coverage options.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Does Car Insurance Cover Damage Caused By Earthquakes


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“Comprehensive car insurance is the only policy that will cover your car against damage caused by earthquakes”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains if car insurance covers damage caused by earthquakes

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/car-insurance-and-earthquakes-is-your-car-covered-against-earthquake-damage/.

When serious earthquakes occur, however, they can cause enormous damage to public property – including vehicles. It is normal for owners to worry and ask themselves if their vehicles are protected and if they will be reimbursed. if such an unfortunate event occurs.

The answer is “Yes, earthquake damage is covered by car insurance.” But not by basic coverage. If you have a basic liability plan, then it’s unlikely your car is covered for earthquake damage or any other type of environmental damage. If your car has comprehensive coverage, then you will be covered for earthquake damage. Comprehensive coverage protects your car against a wide variety of unexpected circumstances, including hail damage, storm damage, windstorm damage, earthquakes, and more.

Comprehensive auto insurance is an optional coverage that pays to repair or replace your vehicle in cases of car theft or if it’s damaged in incidents not covered by the collision insurance. Although this coverage is optional, if you are financing or leasing your vehicle, your lender will probably insist to get this coverage, in order to protect their investment once it leaves the showroom. On our website, you can fill a free online car insurance quote and find the best car insurance deal on comprehensive coverage.

Comprehensive insurance can be expensive, but its benefits are extremely valuable:


  • Comprehensive coverage will help drivers replace a stolen car. If you realize that you will not have sufficient money to replace your stolen vehicle, then comprehensive insurance might be a good policy to purchase. This policy will not compensate you the value of your car as it was new but will pay you the value of your car at the moment it was stolen. The term used by companies is Actual Cash Value – ACV.
  • This policy covers weather damage. Damage done by weather events such as hail, tornados, lightings, can leave serious marks on the body of a vehicle and in some cases, the car can be considered totaled. Comprehensive coverage pays for the repair or replacement of the vehicle damaged by weather-related events.
  • The policyholder is covered in case of an animal collision. While the collision coverage pays in cases where a vehicle hits another vehicle or inanimate object, comprehensive coverage compensates the damage done while hitting an animal.
  • The policyholder is covered in case of flood damage. Water can get inside a vehicle and destroy its interior and its mechanical components. This policy will pay for replacement parts or even compensate the value of the whole car if the damage is too severe and the car is considered totaled.
  • The policyholder is covered for many other scenarios not related to a car accident. Comprehensive coverage will reimburse the policyholder if the car is damaged by falling debris and objects, fires, earthquakes or during riots and acts of vandalism

For more info and free car insurance quotes online, visit http://compare-autoinsurance.org.

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Financial Services Association Adds New Member Benefit


We recognize the impressive functionality of MyRepChat and encourage members to investigate its potential for workload reduction…IARFC Strategic Alliance Team Member, Randy Kriner.

Ionlake is a leader in customer management software. They boast 40 years of developing software, 15 years of professional experience in the Financial Services Industry, and over 1 million lines of written code. MyRepChat is their solution to compliant SMS texting where consultants can message their clients without having to worry about compliance laws and the security of their information.

MyRepChat was created by an advisor who through no fault of his own received text messages from his clients. After repeatedly telling the client it was not an approved way to communicate and he could not responds or interact through a text, MyRepChat was thus created to be a communication platform, not just a compliance approved texting tool. The features and integrations built in are proof that there was an advisor involved in the development.

MyRepChat specifically includes:

  • Text and Group Messaging: Birthdays, anniversaries, events, appointments and more. Clients will never have to download an app or software to communicate with the consultant.
  • Compliance Features: Communication is directly with the consultant’s compliance department ensuring that messages are properly monitored and retained.
  • Scheduling Function: Ability to plan and schedule messages in the future and create recurring messages to celebrate important dates.
  • Digital Assistant: Scheduled, automated and efficient client communication leaving the consultant for more time to do what they do best.
  • Contact Import: Easy import of contacts from CRM or mobile phone to being texted immediately. Conversations will be instantly archived in the CRM.
  • Auto-Forward: If a landline number is non-existent, MyRepChat can create a text number and auto-forward all calls to a number of choice,

“The IARFC is constantly looking for member benefits to enhance its offerings to the members,” remarked Randy Kriner, Strategic Alliance Committee Team Member. “We recognize the impressive functionality of MyRepChat and encourage members to investigate its potential for workload reduction.”

To have access to this new benefit and all the others the Association offers, go to http://www.iarfc.org for more information on the qualifications for membership.

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ClaimVantage Releases Results from FMLA and PFL Knowledge Gap Survey


ClaimVantage releases “The FMLA and PFL Knowledge Gap: Employee and Manager Insights” report

ClaimVantage releases “The FMLA and PFL Knowledge Gap: Employee and Manager Insights” report for 2019

“We’re delighted to share the results of our research project, which uncovered interesting findings that highlight the importance of benefits education, for both employees and managers. The Knowledge Gap was much more pronounced than we expected!” says Leo Corcoran, ClaimVantage CEO

ClaimVantage, an international provider of life, disability and absence management software solutions, has today released a report “The FMLA and PFL Knowledge Gap: Employee & Front-line Manager Insights,” identifying a significant Knowledge Gap in the levels of understanding of Family Medical Leave Act (FMLA) and Paid Family Leave (PFL), among employees and managers.

Research studies across the absence management industry focus on the impacts of regulatory compliance, absence administration, and tracking from the perspectives of employer organizations and absence management administrators. Having identified a gap in the research, ClaimVantage set out to gain a 360 view of leave programs. Taking a unique approach, this proprietary research explores the levels of understanding of FMLA, PFL and absence reporting methods, among employees and front-line managers tasked with employee absence management.

The research uncovered a significant PFL Knowledge GapTM among front-line managers, suggesting that those tasked with employee absence management struggle to fully understand the state-mandated regulations required for regulatory compliance. The research also found that employees were more knowledgeable about PFL regulations when compared to managers.

The FMLA Knowledge GapTM among both employees and managers was over 45%, meaning more than 45% of participants answered one or both survey questions incorrectly. This finding raises compliance concerns for employers, who are required to offer FMLA, who use front-line managers to manage employee absence. Considering FMLA has been around since 1993, we would have expected that the Knowledge Gap would be lower. However, this survey suggests that employers need to ensure those administering employee absences are educated on the applicable rules and regulations.

Survey participants included 1200 managers and employees from US companies with at least 100 employees. Only managers with direct reports who were responsible for managing employee absences were included.

Following the success of a recent webinar, “Understanding Absence – What Your Employees Think They Know,” as part of the DMEC Tools & Tactics series, ClaimVantage is sharing this report to offer insights to employers, TPAs, and insurance carriers responsible for employee absence management. The report entitled “The FMLA and PFL Knowledge Gap: Employee and Manager Insights” is available for download on the ClaimVantage website.

About ClaimVantage

ClaimVantage offers industry-leading life, health, and absence claim management software solutions for insurance carriers, Third-Party Administrators (TPAs), and large employers. ClaimVantage provides cloud-based, automated claims processing solutions that drive efficiency, accuracy, and productivity, helping its customers to deliver superior customer service.

With its North American headquarters in Portland, Maine, and European headquarters in Dublin, Ireland, ClaimVantage also has teams in EMEA and APAC.

For more information about ClaimVantage, visit http://www.claimvantage.com.

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Kia Forte Warranty Alternatives Available from autopom!


The Kia Forte is one of the most popular Kia models on the road. There are thousands of Kia Forte owners, yet a large portion of them do not have their vehicle protected by an extended vehicle warranty or Vehicle Protection Plan. autopom!, a Vehicle Protection Plan broker/seller in California, is seeking to change this.

autopom! is providing Kia drivers with Vehicle Protection Plans. Like a Kia warranty from a manufacturer or dealership, these protection plans help drivers cover the costs of unexpected repairs. They also include added benefits like roadside assistance, nationwide breakdown coverage, and repair shop choice.

“Drivers of used Kia Fortes are especially vulnerable and could benefit from the added protection and peace of mind,” explains Mike Jones, president and CEO of autopom!.

autopom! has high marks from review sites like BestCompany.com, TrustPilot.com, and Google Reviews.

Plan pricing varies by year/make/model and mileage. To learn more about extended warranty alternatives for Kia, request a free quote by visiting http://extended-vehicle-warranty.com/ or by calling 1.800.724.8141.

About autopom! autopom! is a BBB accredited, A+ rated marketer of vehicle protection plans offering vehicle service contracts in most states nationwide. In California, autopom! dba autopom! Insurance Services LLC (CA DOI Lic.#0I13220), sells mechanical breakdown insurance to California residents. When your original manufacturer warranty, extended auto warranty, or used car warranty is about to expire, autopom!’s team of licensed agents can help you find a protection plan designed to protect your vehicle and your budget. Learn more about autopom! and request a free quote by calling 1.800.724.8141 or by visiting http://extended-vehicle-warranty.com/.

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Accresa partners with Paladina Health to bring scalable direct primary care to employer market


A growing number of employers are choosing innovative healthcare benefit models like direct primary care (DPC) to help reduce costs and improve the patient experience.

Accresa, a Dallas-based healthcare technology provider, is pleased to announce a new partnership with Paladina Health, a nationwide direct primary care provider delivering better health outcomes through a personalized, data-driven approach to primary care. Accresa’s proprietary payments technology will support Paladina Health’s growing footprint and make DPC more widely available and scalable for employer-sponsored health plans.

Employers seeking a solution to mitigate rising healthcare costs and provide their employees access to high quality healthcare through DPC frequently encounter barriers to adoption and expansion with the group health plan market.

“More than 60% of Americans rely on their employer to access and pay for healthcare benefits, but many of the systems that employers use today simply aren’t designed to support these types of emerging healthcare payment models,” said William Short, chief executive officer of Accresa and its parent company, Ameriflex.

The Accresa platform, which capitalizes on the company’s 20-year track record of developing payments technology for employer-sponsored health plans, delivers the administrative interface and payments mechanisms required to bridge the gap between employers and health systems and provider networks like Paladina Health. In addition to managing the complex payment and reconciliation processes between employers, employees, and a diverse clinical network (or networks), the Accresa system allows clinics and networks to easily affiliate with other healthcare providers and customize plan offerings in response to evolving employer needs.

“Partnering with forward-thinking organizations who share our vision of transforming healthcare will accelerate the changes needed to improve health outcomes and decrease medical costs,” said Chris Miller, chief executive officer, Paladina Health. “Accresa offers proprietary technology for employers to administer and grow a robust DPC benefit, and we look forward to working together so that more individuals and their families can experience the positive outcomes of this proven solution.”

“Paladina Health represents everything this model should be,” said Short. “It’s a privilege to put our technology to work to support the expansion of that model to more employers and employees nationwide.”

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Amerisure is one of the best places to work in insurance


“This award is reflective of the dedication and passion our current team has for making Amerisure an outstanding place to work,” said Erin Buddie, Amerisure’s assistant vice president of human resources.

Amerisure Mutual Insurance Company is one of the Best Places to Work in Insurance again! This honor is dictated by Business Insurance magazine and Best Companies Group. This year, Amerisure made the list for the eighth time and was ranked 13th in the medium employer category.

The annual Best Places to Work in Insurance list is determined by a two-part evaluation process. First, each nominated employer completes a survey regarding workplace policies, practices and demographics. Second, employees at the nominated company complete a survey about their respective organization. The combined survey scores determine the top companies and their rankings.

“Our exceptional employees play an integral role in the strategic and operational success of our company,” said Erin Buddie, Amerisure’s assistant vice president of human resources. “This award is reflective of the dedication and passion our current team has for making Amerisure an outstanding place to work. We look forward to maintaining our competitive edge in talent and the marketplace for many years to come.”

In addition to the 2019 Best Places to Work in Insurance award, Amerisure has also been recognized as one of the Best and Brightest Companies to Work For® in Atlanta and Metropolitan Detroit.

ABOUT AMERISURE

Amerisure Mutual Insurance Company is an insurance organization charged with creating exceptional value for its Partners For Success® agencies and policyholders. As an “A” rated (Excellent) property and casualty insurance company licensed in 50 states, Amerisure provides a comprehensive line of insurance products to protect businesses focused in construction, manufacturing and healthcare through strategically located Core Service Centers. For more information, visit amerisure.com.

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