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Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap The Bank of England has encouraged the government to work with U.K. insurers in preparation for future major shocks, rather than leave swathes of the economy exposed to catastrophic losses. The danger of a “protection gap” is emerging as firms … POSTED SEPTEMBER 23, 2020 6:00 PM

Coast Guard Expert Testifies Heavy Loads Left Cargo Ship Unstable A U.S. Coast Guard analysis found that a cargo ship overturned after departing a Georgia seaport because of unstable loading that left its center of gravity too high, making the vessel susceptible to rolling over, an expert told officials investigating … POSTED SEPTEMBER 23, 2020 4:59 PM

Florida Peninsula Promotes Austin to Director of Special Investigations The board of Florida Peninsula Insurance Co., a top 10 homeowners insurance company in Florida, has promoted Virginia Austin to director of Special Investigations. Austin, who began her career with Florida Peninsula as a claims examiner, has managed the company’s … POSTED SEPTEMBER 23, 2020 4:46 PM

Purdue Report: 21 Work-Related Deaths on Indiana Farms in 2019 Indiana had 21 work-related deaths on farms deaths last year, the fewest number of documented cases since 2013, Purdue University announced on Sept. 22. Three of the victims were children under the age of 5, while 11 were 60 or … POSTED SEPTEMBER 23, 2020 4:44 PM

2 Injured by Minneapolis Police Projectiles During Unrest Suing City Two men injured by police during violence that followed the death of George Floyd in Minneapolis are suing the city, its police chief and unnamed officers. Soren Stevenson, 25, lost his left eye after he was shot by police with … POSTED SEPTEMBER 23, 2020 4:37 PM

Michigan Man Faces Felony Charges Over Alleged Fake Auto Insurance Certificates A formerly licensed insurance agent in Flint, Michigan, faces multiple felony charges for allegedly selling fraudulent automobile insurance certificates. The Michigan Department of Financial Services (DIFS) said 24-year old Dillen Leonard has been charged with four counts of selling counterfeit … POSTED SEPTEMBER 23, 2020 4:35 PM

Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move comes after Hippo’s acquisition of Spinnaker Insurance Co., a national insurer licensed in … POSTED SEPTEMBER 23, 2020 4:28 PM

CAC Specialty in Colorado Adds Movafaghi to its Tax Insurance Practice Denver, Colo.-based CAC Specialty has named Matt Movafaghi a senior vice president in its tax insurance practice. Movafaghi was most recently a senior tax counsel for Chevron Corp., where he was responsible for implementing tax planning strategies and advising management … POSTED SEPTEMBER 23, 2020 4:05 PM

Few Resources, Old-Growth Forest Allowed Growth of California Wildfire A lack of firefighting resources in the hours after it was sparked allowed a fast-moving wildfire to make an unprecedented run through Southern California mountains and eventually find fuel in old-growth trees to become one of Los Angeles County’s largest … POSTED SEPTEMBER 23, 2020 2:44 PM

For Carnival Cruse Lines, 1920 ‘Death on the High Seas Act’ Curbs Coronavirus Damages Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the latest court decision to side with the company. If a ruling Monday by a Los Angeles federal judge is followed by others, it … POSTED SEPTEMBER 23, 2020 2:35 PM

Progressive Agent Articles - Insurance Basics

Auto Insurance Made Easy Understanding insurance can often be like trying to learn a foreign language. Many find it confusing and intimidating. Fortunately, there's help. Here is a quick reference designed to help you understand some of the most common kinds of coverages. The reference was put together by The Progressive Group of Insurance Companies. POSTED JANUARY 14, 2009 1:00 PM

Fact or Fiction: Uncovering Auto Insurance Myths Like a teenager eager to try a new video game, playing before reading the rules, many drivers buy insurance without really understanding what they're buying. In the rush to feel “covered,” they can skip the details. That can lead to frustration. Following are five insurance myths heard by some of the more than 13,000 claims people at Progressive, one of the country’s largest auto insurance companies. POSTED FEBRUARY 12, 2009 1:00 PM

Putting Insurance Companies to Work for You Car insurance may be one of the last things that comes to mind when you think about saving time, but the insurance company you choose can actually have a big impact on your time should trouble strike. POSTED MAY 06, 2009 1:00 PM

Car Insurance Myths Debunked Do red cars really cost more to insure? Is Comprehensive coverage really comprehensive? Should you and your neighbor be paying the same amount for car insurance? Leading car insurer Progressive debunks a few of the more widely held myths. POSTED AUGUST 27, 2009 1:00 PM

Six Steps To Take If You're In An Accident Car accidents can wreak havoc on an otherwise peaceful day. Even if they’re minor, they can often create confusion. You might ask yourself, how should I react? What should I do? Leading car insurer Progressive offers these simple steps to follow after an accident. POSTED NOVEMBER 05, 2009 1:00 PM

Used Car Buying Tips Before you buy a used vehicle, here are a few tips from leading car insurer Progressive to make sure you're getting your money's worth. POSTED JANUARY 04, 2010 1:00 PM

Cutting New-Car Costs To help consumers control car costs—from sticker price to insurance premiums—The Progressive Group of Insurance Companies offers these tips. POSTED MARCH 15, 2010 1:00 PM

Four Questions To Get The Right Auto Insurance Having the right type of policy can help ensure that you, your employees and your business are all protected in the unfortunate event that one of your vehicles is involved in an accident. POSTED MAY 17, 2010 1:00 PM

Take Action to Avoid Driving Distractions It may seem harmless to answer a quick call, grab a bite to eat or let your dog ride in your lap when you're behind the wheel. But in 2008, accidents caused by distracted drivers injured about 515,000 people. It takes two hands, a sharp eye, and your full attention to safely drive your car. Anything that keeps you from doing so means you're driving while distracted, or "DWD." POSTED OCTOBER 10, 2010 1:00 PM

Smart Tips for Insurance Shoppers When buying a car, there's more to consider than the make and model. Price, size, gas mileage—even the way it feels behind the wheel—affect your decision. You also should weigh your options when buying auto insurance. With many brands and features and price ranges out there, it pays to do your homework. POSTED JANUARY 31, 2011

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