We put a significant amount of trust into our independent insurance agents to advise us on how to protect our most important assets. But can you imagine George Clooney as your agent? How about Evel Knievel? Take a look at these A-listers who once worked in the insurance industry.
Those are the odds your important personally identifying information (PII) was exposed in the 2017 Equifax data breach. You are forgiven, if the September 2017 announcement of the breach now seems like ancient history, but it’s critical you don’t let your guard down.
Recent improvements in computing power allow users to rapidly process very large volumes of data. One area of computer science that has benefited from this is Artificial intelligence (AI); this includes an area of AI known as Machine Learning (ML). These technologies are starting to have a greater impact on work. This article will describe what AI and machine learning are, their possible application to insurance, as well as the limitations of AI.
The “sharing economy” continues to provide individuals and families with non-traditional ways to rent vacation properties, hitch a ride via a ridesharing service, and even rent vehicles for short-term use. By now most of you are probably somewhat familiar with companies such as VRBO, Airbnb, Uber, and Lyft. However, if you aren’t, these companies allow individuals to conduct business on a peer-to-peer level, taking the place of traditional property management, taxi, and rental car services.
Have you ever asked yourself, “What exactly does my insurance policy cover?” Most days, probably not! But when you find yourself in need of insurance, in the midst of a claim, or possibly having to file a claim, chances are you’ll want to know what coverages you have. So you pull out your policy and see pages upon pages of definitions, coverages, etc. If you’re like most people who don’t deal with insurance on a regular basis, you’re probably saying to yourself “YIKES!” But don’t go pulling your hair out just yet, we’re here to help you sort through it all!
We’ve all been there, watching as “that” passenger boards the plane with either too much or too heavy carry-on luggage. Or just maybe, you are the one boarding with the excessive luggage. Either way, I’d like to share some tips to avoid the glares from fellow passengers and what I’ve learned to make packing smoother for airline travel.
When my wife and I bought our first home, the last thing on our mind was that it could be damaged by a flood. After consulting with our realtor, our neighbors, and examining the impressive sump-pump system in the basement, we were pretty confident that a flood would not be a factor in damaging our home. Our neighbors had mentioned that the worst flooding in the last fifty years had not even made it to their garage and had caused minimal flooding in their basement. So, when asked if we needed flood insurance we laughed it off. Why waste money on flood insurance, if not only do floods never happen in our area, but only minor damages would occur?