Insurance

ROCIC’s annual Insurance Open Enrollment is once again upon us. Our insurance broker, Kevin Mathis with Brown and Brown of Tennessee, has provided us with several renewal quotes. It is always our goal to maintain optimal and reasonably priced healthcare coverage options for ROCIC employees and their families. Blue Cross and Blue Shield of Tennessee (BCBST) provided quotes again this year that offer optimal coverage and reasonable monthly premiums. The exact High Deducible Health Plan we had…

just the same old set in a brand new neighborhood. Either way, state law requires that you insure your vehicle before hitting the highway. Choosing automobile (auto) insurance is a lot like choosing the car it covers-- the task requires thoughtful analysis based on price, individual need and personal taste. A basic auto insurance policy safeguards against property damage, liability and medical costs by offering an ala carte menu of separately priced coverage. Collision- While not mandatory,…

many demonstrations regarding these vehicles. The main concern regarding these vehicles is the insurance risk for crashes. Given the unknown risks, insurance companies are not sure what to do at the moment. Some developers are stepping in to fill this gap themselves: Google, Mercedes, and Volvo are self insuring their own products. In any case, there are a few implications to consider here. Self-insurance could expel a key firewall amongst hazard and development, possibly obstructing the last…

Fundamentally, property insurance claims are critically distinguishable from liability claims in that property insurance is generally intended only to encompass first-party claims. See Parks Real Estate Purchasing Group v. St. Paul Fire & Marine Ins. Co., 472 F.3d 33, 41 (2006) (citing 2 Ostrager & Newman, Insurance Coverage Disputes § 21.01[a], at 1303 (13th ed. 2006)). This is so, because the subject of a property coverage property is a thing, whereas the subject of a liability policy is a…

Disability insurance is one of the most ignored types of insurance that people do not buy. You might think that you are in great health and do not need disability insurance. However, disaster can strike without warning. Accidents do happen that could prevent you from working. In addition, the body is unpredictable, and disease or illness could suddenly attack. What is Disability Insurance? Disability insurance is an insurance policy that will cover much of your salary if you are unable to work…

All over the United States, people file for insurance. People can file for many types of insurance policies and file many claims- whether it be health insurance, car insurance, home insurance, and renter’s insurance. What most people do not understand is who commits insurance fraud. Insurance fraud can be committed by the claimant, the consumer, and the insurance company. What is insurance fraud though? In most cases, it is industry insiders, and loosely organized networks of bad medical…

what is disability insurance and Types of Disability Insurance keyword: disability insurance disability insurance definition: disability insurance is also known as income protection insurance. Under this insurance insured income is protected in case of insured is disabled for longer period with no productive work. There is one more insurance type which is extremely important to consider beside health insurance. Assume that probability of temporary disabled is higher than dying during working…

semi-trailer truck, you probably are already required to carry non-trucking liability insurance by the trucking industry or the company you contract with. This protects you should you have an accident while using your truck for personal reasons or when not involved in driving for for the carrier. Larger trucking companies may reimburse or cover drivers for this insurance while smaller companies may not. Bobtail insurance is a completely different policy than the non-trucking liability, and…

regulation is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry due to the bailouts stemming from the financial crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation argue that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer an increase in efficiency unlike state…

Insurance adjusters portray an important role in the ever changing world of the automobile industry, as well as the many different other types of situations involving accidents. As more and more individuals venture out onto the public roadways, the unpredictability of the weather, and other general mishaps, the probability for accidents escalates. With that being said, insurance adjusters are steadily busy getting everybody back in their vehicles. Insurance adjusters assess claims that…