Category Archives: Finance Guide

Different risks in insurance service are covered by terms and conditions in Insurance Policies. In the event of claims arising they are managed or settled accordingly. Auditing the underwriting, policy management, and claims management procedures is a common practice. To ensure that the organization follows healthy practices. It is not a good idea to audit every record because […]

The Principles Based Valuation (PBV), has received a lot of support from the industry. Instead of using prescribed methods, assumptions and tables to calculate statutory reserves, they will be calculated based on actuarial judgement in accordance with best practice standards. Before reserves are officially released, it is crucial that such reserves be peer reviewed by another professional […]

Flooding is one the most devastating natural disasters of the year. This makes flood insurance essential for homeowners in the United States. Flood zones can be found in every part of the country, from beachfront condos to landlocked subdivisions. According to an environmental research letter study, nearly 41 million Americans live within flood zones. Many people living in […]

Michigan law requires that every vehicle owner must have at least a minimum of one year’s car insurance. It is illegal to drive without insurance in Michigan and can lead to serious consequences. It doesn’t matter if you are an existing Michigan resident or if you plan to move there in the future, it is crucial that […]

Electric Insurance, a Massachusetts-based company, was established in 1966 to offer insurance to General Electric employees. It began offering its services and products to all customers later. Electric Insurance is available in all 50 states as well as Puerto Rico. It offers a variety of insurance options and coverage options. There are also special perks for employees at General […]

Though it is not something you want to think about, the possibility of losing or being stolen from your favourite piece of jewelry is not one that you should ignore. Many victims of theft or loss find it difficult and frustrating to claim on their insurance. Insurance companies are known for their extraordinary ability to “wriggle” with […]

Talking to your insurer and documenting everything will help you manage and recover from serious storm damage. Many homeowners are still reeling from the devastating winter storms that ravaged the country. Millions have been left without power in Texas, Oklahoma, Louisiana, and other states due to severe weather. This has caused billions of dollars worth […]

The state of Tennessee offers a variety of amazing places to visit, from the Smoky Mountains to Graceland to everywhere in between. Tennessee insurance laws prohibit residents from driving to these places without having the minimum required insurance. Tennessee’s car insurance laws require that you have liability insurance, regardless of whether you intend to travel throughout the […]

You will need E andO and D andO and Tech and Privacy Breach E andO insurance if you are a private, government, or public entity. E and O insurance, also known as Errors & Omissions insurance, covers both the service you provide and the representations your employees make to customers. D and O (also known as Directors […]

It is human nature to believe that there will never be any harm, or even close to it. Sometimes things can go wrong. Unexpected events can happen at any moment. It’s important to have insurance. This includes professional liability insurance, business insurance, and liability insurance. The old saying is “Hope for good, but be prepared for the worst.” […]