“When granting coverage to a driver, insurance providers will analyze a series of factors. Some of these factors can seriously affect the price of insurance and they can make it more expensive”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
August 30, 2020

Drivers who own a car have numerous responsibilities. Besides carefully driving the vehicle to avoid any potential collision, drivers are also responsible to purchase car insurance. The price of car insurance is determined after the car insurance company has analyzed multiple factors. Some of the factors have a greater impact than others on the final price of an insurance policy.

The following factors can make car insurance to be expensive:

• 
  The type of car. Drivers who own expensive limousines, SUVs, muscle cars or hypercars should not be surprised if they are paying more on their insurance premiums. Expensive cars are expensive to repair. Also, newer vehicles are more expensive to insure. Policyholders who want to save money on car insurance should insure family cars that have high safety ratings.
• The age of the vehicle. Even if they are not luxurious models, newer vehicles are more expensive to insure. New vehicles are manufactured with better materials and have the latest auto technology. For these reasons, newer vehicles cost more to insure. Drivers who want to insure a particular type of vehicle should try to purchase an older model in order to save money.
• Driving record. The driving record of a policyholder is the most important factor analyzed by insurers. Drivers who have multiple traffic tickets, at-fault accidents, or DUI incidents in their driving records will pay more on car insurance. In some cases, the insurers can cancel the policies of drivers who got involved in accidents or DUI incidents.
• Workplace. Insurance companies will be interested if a policyholder is using his vehicle to commute to work and how far is the workplace from home. Policyholders who are working in a place that is far from home will be charged more on car insurance. Insurers consider that drivers who spend more time on the roads are more likely to be involved in car accidents.
• The policy itself. Policyholders who apply for high coverage limits, additional options, and extra coverage will pay higher insurance premiums. Drivers can customize an insurance policy how they want in order to have the coverage they need and they can afford.

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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“Defensive driving courses will help you stay safe on roads and become a better driver. Also, you will pay less on insurance after you graduate”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
August 28, 2020

Enrolling in a defensive driving course can be beneficial for drivers of any age. In these classes, drivers will improve their driving skills and they will learn how to avoid road obstacles. Those who manage to graduate a defensive driving course will obtain a discount on their insurance premiums.

Usually, defensive driving courses are covering the following topics:

• 
  Car accident statistics. In this topic, the instructors will present updated statistics about the annual number of car crashes, the number of fatalities, and the number of injured persons. Also, the main causes of the collisions, the age groups that are prone to be involved in crashes, and the financial losses will also be presented.
• Dangers of DUI/DWI. In this topic, drivers will learn how alcohol or drugs can affect driving. Drivers will learn about the blood alcohol limits and what are the penalties for drivers that are caught driving while under influence.
• The dynamics of car crashes. Drivers will learn how car accidents happen and how speed and vehicle position can influence the severity of collisions.
• Crash prevention techniques. This topic contains multiple driving tactics that will help drivers avoid a collision. Some of these tactics are road scanning, sharing the road with other vehicles, proper passing procedures, speed adjustments in different weather conditions, how to pass the railroads, and knowing the vehicle’s braking distance.
• How emotions affect driving. Stress, anger, fatigue and other emotions can affect the driver’s driving abilities. In this topic, the instructors will show how drivers can keep a positive attitude and stay focused while driving.
• Safety gear. Drivers will get an extensive look at safety equipment, and they will learn about the importance of seat belts, headrests, airbags, and child safety seats. Furthermore, attendants will learn about modern safety gear and how they can protect the driver and his passengers.

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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While the surge in returns was not necessarily unexpected, the magnitude of the recovery was a bit surprising.

NEW YORK (PRWEB)
August 27, 2020

Trepp, a leading provider of information analytics and technology to the structured finance, commercial real estate, and banking markets has released the second quarter 2020 returns for its life insurance commercial mortgage index showing a surge in returns.

Instantly download the report here: https://www.trepp.com/instantly-access-q2-2020-returns-report-life-insurance-commercial-mortgage-index

Commercial mortgage investments held by life insurance companies posted a positive 4.58% total return in the second quarter of 2020, a major reversal from the negative 1.00% return realized in the first quarter. The change from Q1 to Q2 was the second largest swing in the past 94 quarters, according to the Trepp LifeComps™ Commercial Mortgage Index.

“While the surge in returns was not necessarily unexpected, the magnitude of the recovery was a bit surprising,” said Russell Hughes, head of data consortia initiatives at Trepp. “The exposure of LifeComps™ mortgages to the two hardest-hit sectors varies, with the exposure to lodging being low, but the retail exposure being material.”

Of the four major property types, multifamily properties performed best over 12 months with a total return of 7.3% followed by industrial at 6.6%, and office at 6.03%.

Income contributed 1.05% and price added 3.52% in the second quarter, with the strong price appreciation being reflective of both decreasing credit concerns and a persistent low-interest-rate environment.

While credit concerns still exist as evidenced by more than 120 loans with payment deferrals and more than $31 million in interest payments being capitalized, decreased credit uncertainty combined with the sustained low-interest-rate environment has resulted in a major rebound of loan valuations. Additionally, specific reserves increased 13%, but delinquencies and charge-offs remain very low, especially given the current market conditions, clocking in at 0.06% and 0.004%, respectively.

There are approximately 7,600 active loans in the LifeComps™ Index with an aggregate principal balance of $148 billion. The weighted average duration is 5.37 and the average reported loan-to-value is 50%.

For more information and to see the full report, click here: https://www.trepp.com/instantly-access-q2-2020-returns-report-life-insurance-commercial-mortgage-index

Contact Trepp at press@trepp.com or 212.754.1010 with any questions.

About LifeComps™

The LifeComps™ Commercial Mortgage Loan Index is the only published benchmark for the private commercial mortgage market based on actual mortgage loan cash flow and performance data which has been collected quarterly from participating life insurance companies since 1966. LifeComps provides a quantifiable investment performance index and serves as a benchmark for privately held commercial real estate mortgages.

Trepp

Trepp, founded in 1979, is the leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the web-based tools and insight they need to increase their operational efficiencies, information transparency, and investment performance. From its offices in New York, San Francisco, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp is wholly-owned by Daily Mail and General Trust (DMGT). For more information, visit https://www.Trepp.com.

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As a member of Midlands Choice, United Security’s STMM insureds have access to their preferred provider network that helps make healthcare more affordable

BEDFORD PARK, Ill. (PRWEB)
August 28, 2020

Effective September 1st, in the state of Nebraska, United Security Health and Casualty Insurance Company (United Security) is partnering with Midlands Choice as their preferred provider network. As a result, United Security’s Short Term Major Medical (STMM) policyholders can receive care through one of Midlands Choice’s preferred providers.

Cory Rasmussen, Vice President of Sales and Marketing, United Security shared, “As United Security expands our presence in the state of Nebraska, it was critical that we partner with a preferred provider network that can grow with us and provide our STMM policyholders with a comprehensive choice of healthcare providers that are close to them.”

Midlands Choice is a regional PPO network with a healthcare network of more than 41,360 physicians and other healthcare professionals, 335 hospitals, and 2,322 other healthcare facilities. In the states of Iowa and Nebraska, Midlands Choice is one of the top healthcare networks. By contracting with Midlands Choice, consumers have lower out-of-pocket costs for healthcare services when they use network providers.

“As a member of Midlands Choice, United Security’s STMM insureds have access to their preferred provider network that helps make healthcare more affordable,” Rasmussen concluded.

United Security’s STMM is ideal for individuals and families who: recently lost their job and their job-based health insurance; missed the Open Enrollment period; are a recent college graduate; are a relatively healthy individual; and young adults no longer covered by their parent’s plans. In addition to STMM, United Security offers an expansive list of ancillary products to help their insureds round out their coverage portfolio. For a complete list of ancillary products please visit United Security’s web site at http://www.USHandC.com or ask your local independent insurance agent about United Security.

About United Security Health and Casualty Insurance Company (United Security): United Security is a regional insurer that has been in business since 1973, licensed to sell products in Arizona, Arkansas, Illinois, Indiana, Georgia, Missouri, Nebraska, Oklahoma and Texas. United Security specializes in providing individuals and families a variety of products and plan choices to meet their individual needs. United Security’s primary focus has been, and continues to be, providing quality products and excellent service to our policyholders. United Security’s product portfolio includes: Short Term Major Medical, Dental Plus Vision and Hearing, Cancer, Critical Illness, Accident Hospital Indemnity, Disability Income, Fixed Indemnity and Personal Auto products. United Security is headquartered in Bedford Park at 6640 S. Cicero Avenue, Bedford Park, IL, 800-875-4422 or 708-475-6100, http://www.USHandC.com.

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As a member of Midlands Choice, FCIC’s STMM insureds have access to their preferred provider network that helps make healthcare more affordable

BEDFORD PARK, Ill. (PRWEB)
August 28, 2020

Effective September 1st, in the state of Iowa, First Chicago Insurance Company (FCIC) is partnering with Midlands Choice as their preferred provider network. As a result, FCIC’s Short Term Major Medical (STMM) policyholders can receive care through one of Midlands Choice’s preferred providers.

Cory Rasmussen, Vice President of Sales and Marketing, FCIC shared, “As FCIC expands our presence in the state of Iowa, it was critical that we partner with a preferred provider network that can grow with us and provide our STMM policyholders with a comprehensive choice of healthcare providers that are close to them.”

Midlands Choice is a regional PPO network with a healthcare network of more than 41,360 physicians and other healthcare professionals, 335 hospitals, and 2,322 other healthcare facilities. In the states of Iowa and Nebraska, Midlands Choice is one of the top healthcare networks. By contracting with Midlands Choice, consumers have lower out-of-pocket costs for healthcare services when they use network providers.

“As a member of Midlands Choice, FCIC’s STMM insureds have access to their preferred provider network that helps make healthcare more affordable,” Rasmussen concluded.

FCIC’s STMM is ideal for individuals and families who: recently lost their job and their job-based health insurance; missed the Open Enrollment period; are a recent college graduate; are a relatively healthy individual; and young adults no longer covered by their parent’s plans. In addition to STMM, FCIC offers an expansive list of ancillary products to help their insureds round out their coverage portfolio. Please visit FCIC’s web site at http://www.FirstChicagoInsurance.com or ask your local independent insurance agent about FCIC.

About First Chicago Insurance Company

First Chicago Insurance Company (First Chicago), whose roots trace back to 1920, is celebrating their 100th anniversary. Over this timespan, First Chicago has evolved into a multi-line insurance carrier, now offering Personal & Commercial Auto, General Liability, Workers’ Compensation, Short Term Major Medical and Personal Accident Medical Insurance in response to the needs of the company’s independent produces and customer base. In personal lines, First Chicago has further responded to the changing exposures and needs of their independent producers by adding niche insurance products such as Contents Plus Renters and Transportation Network Coverage to enhance their personal lines auto offerings. First Chicago currently offers insurance via independent agencies and online throughout Illinois, Indiana, Iowa, Kansas, Louisiana, Missouri, Pennsylvania, and Wisconsin. Headquartered in Bedford Park, First Chicago is located at 6640 S. Cicero Avenue, Bedford Park, IL, 60638, 888-262-8864. http://www.FirstChicagoInsurance.com

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Lisa’s expertise in tax matters and employee benefit compliance management – two extraordinarily complicated topics – will help shape the federal government’s regulations and rulings going forward.

DEERFIELD, Ill. (PRWEB)
August 27, 2020

Lisa Allen, Senior Compliance Consultant at Alera Group, has been named to the U.S. Department of Labor’s ERISA Advisory Council in the Insurance category. Her appointment is effective immediately and concludes December 31, 2022.

The ERISA Advisory Council is a federal advisory committee and subject to the Federal Advisory Committee Act (FACA). The Department of Labor cited Allen’s depth and breadth of experience with ERISA as the reason she was selected.

“Lisa’s expertise in tax matters and employee benefit compliance management – two extraordinarily complicated topics – will help shape the federal government’s regulations and rulings going forward,” says Danielle Capilla, Vice President of Compliance, Employee Benefits at Alera Group.

“When the U.S. Department of Labor needed one expert to represent the entire insurance industry, they intentionally invited an Alera Group compliance expert. We are proud that our people and our company are making a significant and noteworthy difference in compliance for employers everywhere,” said Sally Prather, Executive Vice President and Employee Benefits Practice Leader at Alera Group.

Allen – whose credentials include CAPPP, CHRS, CFC, and CAS and who earned the Certificate of Achievement in Public Plan Policy (CAPPP) through the International Foundation of Employee Benefit Plans (IFEBP) – also serves on the IRS Advisory Council’s Tax Exempt and Government Entities (ACT) Sub-Committee.

Allen brings more than 25 years of employee benefits experience to her role as Alera Group’s legal and regulatory compliance subject matter expert. She manages regulatory updates and client council regarding ERISA, Section 125, the Affordable Care Act, and employee eligibility.

Allen is a frequent speaker for the WNY National Association of Health Underwriters (NAHU), New York State Society for Human Resource Management (SHRM), several area Chambers of Commerce, NAHU, Benefit Advisors Network, (BAN), Employer Council on Flexible Compensation (ECFC), and the International Foundation of Employee Benefits Plans (IFEBP), and the National Assocation of Professional Women, among others.

About Alera Group

With over 80 locations across the country and more than 2,000 teammates, Alera Group works together to deliver solutions in employee benefits, property and casualty, retirement services and wealth management. Built on a unique model of collaboration, Alera Group is now the 17th largest independent insurance agency in the United States. For more information, visit http://www.aleragroup.com.

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Recovering from a hurricane can be very difficult and we want all of our Texas customers to know that the Mercury claims team is ready to help.

LOS ANGELES (PRWEB)
August 27, 2020

Mercury Insurance policyholders who have been impacted by Hurricane Laura can report damages and losses through Mercury’s claims hotline at (800) 503-3724. The hurricane strengthened into a Category 4 storm as it reached land, along the Texas and Louisiana border, and more than half a million people have been ordered to evacuate.

“Recovering from a hurricane can be very difficult and we want all of our Texas customers to know that the Mercury claims team is ready to help,” says Christopher O’Rourke, Mercury’s vice president of property claims. “We urge residents returning to storm-damaged homes to take the necessary precautions to protect their family and pets, and use extra care when traveling through flooded areas.”

Mercury claims adjusters will assess wind and rain damage, but homeowners seeking coverage from flood and debris flows should review the National Flood Insurance Program.

Mercury representatives are available to help address covered claims while following social distancing procedures. Representatives are also available to arrange temporary housing and provide assistance with living expenses if policyholders are forced to leave their homes in response to mandatory evacuation orders arising out of a covered event.

If a claim needs to be filed, O’Rourke advises policyholders follow a few simple procedures to help speed up the process.

When filing a claim

• Contact Mercury immediately to report your loss.
• Be prepared to provide your policy number.
• Do not remove debris or damaged property that may be related to your claim.

Steps after filing a claim

• Prepare a detailed inventory of destroyed or damaged property.
• Offer photos or videos of your home and possessions to your adjuster, if these are available.
• Keep copies of communications between you and your adjuster.
• Keep records and receipts for additional living expenses that were incurred if you were forced to leave your home, and provide copies to your adjuster.

Mercury Insurance encourages customers to review their homeowners and auto insurance policies with their local agents on a yearly basis to make sure they have the coverage they need.

About Mercury Insurance

Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and commercial insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information visit http://www.mercuryinsurance.com or Facebook and follow the company on Twitter.

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“Driving without insurance is a huge mistake. Usually, drivers will have to pay a hefty fine, but in some cases, they can face jail time”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
August 27, 2020

Compare-autoinsurance.org has launched a new blog post that presents the most common penalties drivers can face if they are caught driving without car insurance.

Find out more and get free quotes from https://compare-autoinsurance.org/penalties-for-driving-without-insurance/

Except for New Hampshire, all states require drivers to carry car insurance. Driving without insurance is a huge mistake and drivers caught without it can face severe penalties:

• 
  Traffic fines. Typically, traffic fines are the most commons penalties applied to drivers caught without insurance for the first time. Traffic fines value differ greatly from one state to another. The smallest fine for a driver caught without insurance is $25 in the state of Tennessee and the highest is $5000 in the state of Massachusetts.
• Car Impoundment. The police can decide to have a vehicle towed and impounded if a driver is caught without insurance. If that happens, drivers will have to act quickly, if they want their cars back. Some impoundment lots will only wait three days before they will auction the confiscated vehicles. To stop that from happening, drivers will have to pay the fine, provide proof of coverage and pay the impoundment lot fees.
• License suspension. Besides having to pay a hefty fine, drivers caught without insurance will have their license suspended in most states. To get their license back, drivers will have to pay the fine and the fees to have the license reinstated. Also, drivers caught without insurance will have to carry an SR 22.
• Jail. This is the harshest punishment that drivers caught without insurance can face in the states where driving without insurance is considered a misdemeanor. This type of punishment vary from one state to another and it can be as small as 10 days in jail or it can be as harsh as 1 year in jail.

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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