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Indemnity insurance is an insurance policy that many business owners purchase to protect them financially from any lawsuits or claims that might be filed against them. Professional indemnity insurance often works as financial support in the event of a claim or lawsuit where they are being sued for damages.

Professional indemnity insurance can protect the policy holder from financial strain while the company may be dealing with a lawsuit. It is important that business owners obtain this insurance so that they are protected. Full Post…

You are planning a trip overseas and start completing your “to do” list of tasks before you set off. One thing you think about is health insurance. Do you need to worry about international medical insurance? Surely you’re covered under your own health insurance policy?

The answer is, probably not. And you do need to be concerned about medical coverage abroad. You may get sick or be injured while you are away. You need to make sure you have a way of paying your medical bills aboard.

The Medicare program will not cover you for any medical costs you incur while abroad. And other health care plans will not provide coverage for medical treatment abroad. If yo

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Honda has expanded a previously announced recall of certain 2001 through 2003 model-year Honda and Acura vehicles to replace the drivers airbag inflator originally installed in approximately 273,000 additional vehicles sold in the US

Affected drivers airbag inflators may deploy with too much pressure, which can cause the inflator casing to rupture and could result in injury or fatality

Honda has also determined that approximately 640 affected drivers airbag service parts were sold for installation in vehicles for collision repair or other vehicle service

Because Honda is unable to determine the specific vehicles that may have received the affected service parts through existing information, Honda will inspect an additional approximately 603,000 vehicles and replace those parts as necessary

This recall now includes certain 2001 and 2002 Accord, 2001 to 2003 Civic, 2001 to 2003 Odyssey, 2002 and 2003 CR-V, 2003 Pilot, 2002 and 2003 Acura 32 TL and 2003 Acura 32 CL vehicles

Notification to the expanded group of customers will begin in late December 2011

In the past few years, the United States has had a record number of people who were unemployed. Now that we are in the holiday season, you can expect there to be an even bigger emphasis on the number of Americans that are unable to find employment. How much do you know about how unemployment insurance? Take this quick quiz, and find out!

Everyone who is unemployed automatically gets unemployment insurance benefits. True, or False?

False! According to the Economic Policy Institute, only around two-thirds of the 14 million Americans who are unemployed are actually receiving unemployment benefits.

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Fears about a withdrawal of major insurers and reinsurers from the New Zealand market are misplaced, according to Vero NZ CEO Gary Dransfield.

He told the Trans Tasman Business Circle in Auckland last week while there’s conjecture about the industry’s future following the Canterbury earthquakes, the future for the industry in New Zealand is very promising.

Mr Dransfield says insurers are reassessing their businesses, “not to withdraw but to build stronger, more sustainable businesses”.

He also called for a sustainable earthquake insurance approach in New Zealand built around the country’s Earthquake Commission (EQC).

He says the commission should have a wider role in the future to ensure an approach that is commercially feasible, affordable and capable of coping.

“I believe the EQC should remain pivotal for any future earthquake insurance model,” he said. “To do that t

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