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American Insurance Blog

All You Ever Wanted to Know About Insurance

30% of Employers Will Drop Medical After 2014

Thirty percent of employers will cancel health plans by 2014 because of Health Care Reform, according to a McKinsey Research study. The research suggests that when employers become more aware of the new economic and...

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The Most Common Household Fire Only You Can Prevent!

What household appliance causes more than 1,000 residential fires per month in the US? The answer... your clothes dryer! They are a modern marvel and an indispensable convenience. We use them constantly and they work...

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April Weather Claims Exceed $4B

Five separate severe weather outbreaks in April will result in combined insured losses in excess of $4 billion, according to Aon Benfield report. The first outbreak, from April 3-5, triggered around 1,500 storm reports...

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Supreme Court Blocks Class-Action Lawsuits

A divided Supreme Court, ruled on a 5-4 split decision along ideological lines, that corporations can enforce arbitration clauses to block dissatisfied customers from bring class-action lawsuits. Consumer rights...

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Was Your Accident “Staged”?

Organized Scams Defraud Consumers and Insurers Alike, Costing Billions of Dollars Annually If you have been involved in an auto accident that just didn't feel right, it might not have been an accident at all. More and...

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Electric Cars Earn 1st Top Safety Ratings

The Chevrolet Volt and Nissan Leaf earn the highest safety ratings from the Insurance Institute for Highway Safety in the first-ever U.S. crash test evaluations of plug-in electric cars. The milestone demonstrates that...

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Feds Charge 16 in PA Identity Theft Scheme

Ever wonder who and how your identity can get stolen? Read this from Insurance Journal.

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MT Workers Comp Reform Enacted

Supporters claim reform bill will save $100 million in first year. Montana's workers compensation rates are the highest in the nation which led to urgent reform efforts that culminated on March 28th when the Montana...

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Toyota “NOT GUILTY”- Accelerator Case

Toyota was found "not guilty" by a New York jury in the 2005 unintended acceleration case brought by Dr. Amir Sitafalwalla. The case had prompted a massive recall of 8 million vehicles, a cascade of similar product...

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Traffic Fatalities Lowest Ever Recorded

DOT estimates a 3% drop in 2010 fatalities over previous year's record low. U.S. Transportation Secretary Ray LaHood today announced that the number and rate of traffic fatalities in 2010 fell to the lowest levels since...

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