Category Archives: Finance Guide

Hurricane Claim and Safety Myths That You Must Know

“You cannot fight the city hall!” Or, in this instance, the Insurance Industry. There was an old saying, “You cannot fight City Hall.” Similar perceptions exist when it comes the insurance industry. Many people believe the insurance industry cannot be touched and that disputing a claim will prove difficult. But that’s not the problem. It is about trying to win! It […]

UK Employment Uncertainty Drives Up Protection Insurance Premiums

As Underwriters discover how austerity measures by the Government will have adisproportionate impact on UK employment patterns, Income Protection Insurance and Mortgage Payment Protection Insurance will be more expensive. The monthly Office for National Statistics figure for those ‘unemployed’ and claiming benefits is not the only factor that affects the price of Income Protection Insurance […]

Grange Insurance Review

Grange Insurance Company, based in Columbus Ohio, offers home, auto, and life insurance. It has been providing this service since 1935. Individuals who reside in 13 states such as Georgia, Illinois and Indiana, Iowa Kentucky, Michigan, Minnesota Ohio, Pennsylvania South Carolina, Tennessee or Virginia can purchase Grange homeowners insurance. Grange Car Insurance Grange auto insurance is one […]

Title Insurance Checklist

This article will provide a brief overview of some of the potential title insurance issues that you might encounter in a loan transaction. It also includes procedures that could be used to deal with title insurance coverage, or general processing and closing of loans transactions. This article is intended to highlight some steps that should be […]

Encompass Insurance Review

Encompass Insurance is a specialist in home and auto insurance. The carrier was founded in 1897 and was acquired by Allstate in 1999, thereby becoming the insurance company you know today. Encompass homeowners and auto insurance is offered through 2600 agents across the country. Encompass auto insurance is available to anyone who lives in any of the following states: Alaska, Hawaii, Massachusetts. […]

Sample Selection From Large Data For Audit

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 […]

Principles Based Valuation – Should Small Companies Be Steamed by This Steam Roller?

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 […]