Chubb Names Jeffrey Updyke Head of North America Small Business Insurance

Press release content from PR Newswire. The AP news staff was not involved in its creation.

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Jeffrey Updyke, Vice President, Chubb Group and Division President, Chubb Small Business

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Jeffrey Updyke, Vice President, Chubb Group and Division President, Chubb Small Business

WHITEHOUSE STATION, N.J., Sept. 28, 2020 /PRNewswire/ — Chubb announced that it has named Jeffrey Updyke Vice President, Chubb Group and Division President, Chubb Small Business. In this capacity, Mr. Updyke will have executive operating responsibility for Chubb’s retail insurance business that serves small commercial clients in the U.S. and Canada. He will oversee all facets of the business including strategy, product and business development, underwriting and service operations, and profit and loss performance. Mr. Updyke will report to John Lupica, Vice Chairman, Chubb Group and President of North America Insurance.

“Over the last several years, we have made significant

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Does Car Insurance Cover Damage Caused By Fire – Press Release

LOS ANGELES, CA / ACCESSWIRE / September 29, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org) has launched a new blog post that explains how drivers can be reimbursed by their car insurance companies if their vehicles got damaged in a fire.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/how-does-your-car-insurance-handles-engine-or-electrical-fires

Most drivers know that car fires can be quite frightening and they can be caused by several different things. Usually, comprehensive insurance will cover the damage caused by fire to a vehicle. Comprehensive coverage is optional, but drivers who are leasing or financing their vehicles will be required to have this coverage. If the vehicle is declared as a total loss after a fire, then the insurer will reimburse the policyholder with a cheque that is equal with the actual cash value of the lost vehicle. If the car can be repaired, then the insurer will have to pay

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Mobile Phone Insurance Market Next Big Thing | Major Giants AXA, Asurion, Assurant, Hollard Group

The COVID-19 Mobile Phone Insurance Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2026. The exploration provides a 360 view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better-informed decisions. Some of the major and emerging players in the COVID-19 Mobile Phone Insurance market are AIG, Apple, AXA, Asurion, Assurant, Hollard Group, Chubb (ACE), SoftBank, Allianz Insurance, AmTrust & Aviva

If you are part of this market, then Get to Know how you are perceived in comparison to your competitors AIG, Apple, AXA, Asurion, Assurant, Hollard Group, Chubb (ACE), SoftBank, Allianz Insurance, AmTrust & Aviva; Get an accurate view of

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Car insurance costs reverse to reach lowest level in four years while more than half of motorists now head online to sort a finance deal



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The average comprehensive car insurance premium has fallen £53 since lockdown began, new research has revealed.

Car cover fell to £694 in August, following gradual decreases in July and June and it means they’ve fallen nearly 10 per cent since the coronavirus lockdown began, forcing drivers off the road and insurers to reflect that.

On a three month rolling basis, premiums have fallen to their lowest level since summer 2016, according to Compare the Market. 

Meanwhile, separate data shows that more motorists are shopping around online for finance deals rather than simply allowing dealerships to take charge. 



a close up of a computer: The average car insurance premium has fallen by £53 since lockdown began, data reveals


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The average car insurance premium has fallen by £53 since lockdown began, data reveals

More than half of car finance purchases will be online for the first time ever, the exclusive research from Zopa revealed.

It has come as

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NC insurance commissioner election: Lindberg bribery an issue

Convicted billionaire campaign donor Greg Lindberg’s name is coming up a lot in the race for insurance commissioner. This year’s contest for the regulatory office is a rematch from 2016, with Republican incumbent Mike Causey facing the two-term Democrat he defeated four years ago: Wayne Goodwin, who’s now chairman of the N.C. Democratic Party.

Causey played an instrumental role in the bribery case, wearing a wire for federal investigators and recording conversations in which Lindberg, his associates and then-N.C. Republican Party Chairman Robin Hayes offered to bribe Causey with big campaign contributions in exchange for taking action that Lindberg sought for his insurance companies, according to court documents. Lindberg was recently sentenced to seven years in prison.

Goodwin was never accused of any criminal acts in the investigation. But he benefited from campaign contributions from Lindberg in 2016 — including a $500,000 donation to a PAC supporting Goodwin’s re-election

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Coverance Insurance Solutions Raises $10.5 Million led by CUNA Mutual Group

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Coverance Insurance Celebrity Spokesperson, Actor, Kelsey Grammer.

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Coverance Insurance Celebrity Spokesperson, Actor, Kelsey Grammer.

LONG BEACH, Calif., Sept. 28, 2020 /PRNewswire/ — Coverance Insurance Solutions is pleased to announce a $10.5 million financing led by CUNA Mutual Group, with participation from existing investor Strandview Capital. Coverance is an independent insurance agency that helps seniors navigate the complex Medicare insurance market to obtain the optimal policy and save money. CUNA Mutual Group is a leading insurance, financial services and technology company that helps credit unions provide their members with the solutions to attain financial security through all life stages.

“We are very excited to work with CUNA Mutual Group and explore opportunities to offer Medicare insurance options to credit union members”, said Chris Mullins, CEO and founder of Coverance. “We use senior-focused marketing, data analytics and automation to improve how seniors purchase Medicare insurance.”

Coverance

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Medical insurance premiums rising at an unsustainable rate, says LIAM



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Medical insurance premiums in the country have been increasing at an unsustainable rate in recent years. Such a trend could render medical insurance plans unaffordable to many people, including those from the middle-income group, says Mark O’Dell, CEO of the Life Insurance Association of Malaysia (LIAM).

According to him, medical insurance premiums have been increasing at an annual rate of 6% to 8% over the past few years. This is something the association is looking very closely into to discover the root causes and to find solutions. “We need to be aware of those drivers that contribute to higher medical insurance premiums and try to take the right actions moving forward,” says O’Dell.

One of the reasons for the increase is the high medical costs. According to Willis Towers Watson’s 2019 Global Medical Trends Survey Report, Malaysia was ranked No 2 out of 13

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Insurance Regulatory Commission of Sri Lanka Director General speaks on

“It is the responsibility of all stakeholders to encourage the general public on the importance of insurance and to improve people’s confidence in insurance and change the general perception towards having an insurance cover. Young people, in particular, do not give priority to insurance in their expenses, which is why the industry really needs to look at how we can create appropriate products that will be beneficial to the customer. On the other hand, we also need to address the insurance needs of the ageing population in Sri Lanka”.

Following is a Q&A with, Insurance Regulatory Commission of Sri Lanka Director General Damayanthi Fernando:

Q:What are the plans of the IRCSL this year?

A: The IRCSL’s role has been enshrined in the Regulation of Insurance Industry Act, No. 43 of 2000, which requires the regulator to ensure that insurance businesses in Sri Lanka is carried out with integrity and

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Cross Insurance Center lays out potential reopening plans

BANGOR, Maine (WABI) – If and when the Cross Insurance Center in Bangor reopens, there will be changes to limit the spread of COVID-19.



a large brick building with grass in front of a house: The Cross Insurance Center's General Manager talked to city councilors about potential reopening plans.


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The Cross Insurance Center’s General Manager talked to city councilors about potential reopening plans.

No word yet when the building will open indoors to the public.

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However, the general manager laid out potential plans on Monday night to city councilors.

Among the safety measures, temperature checks, sanitizing stations, and staff wearing personal protective gear.

You’ll have six feet between you and someone when you’re on line and when you’re in your seats.

General Manager, Tony Vail, talked about plans for tickets.

Vail explained, “We are not going to sell individual tickets. Groups of two’s. Groups of fours. THat’s how we will be able to keep things socially distanced when they come to events,. The whole aspect of people buying

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WV Navigator Program provides free health insurance enrollment help | News

West Virginia residents who are interested in free help to learn how they might enroll or re-enroll in health insurance under the provisions of the Affordable Care Act (ACA) have a free resource available to them. WV Navigator is a nonprofit project that received grant funding from the federal government to help in-state residents select a health insurance plan.

Open enrollment for 2021 will be Nov. 1 through Dec. 15, 2020. West Virginia residents can call 304-356-5834 to reserve a telephone appointment.

First Choice Services, working under a cooperative agreement with the federal Centers for Medicare and Medicaid Services, created the program in September 2015 in order to provide information about how the health insurance Marketplace operates. They will discuss plan options and pricing and can help complete enrollments over the phone. This year, they are also offering a telehealth option that will allow applicants to see completion of their

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