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News Center


Life Happens

9 Reasons Not to Buy Life Insurance (And Why You Should Rethink Them)
From getting married to having a baby to starting a business, there are lots of reasons why you’d want to consider buying life insurance. But maybe something is holding you back from getting the coverage you know (or suspect) you need. Here are nine of the biggest reasons you’ll hear for not buying life insurance—and why you shouldn’t let them hold you back from considering coverage.

POSTED MARCH 13, 2019 10:01 PM
Protecting What Matters Most: Your Loved Ones
But so many people don’t seem to be getting that message. Only four in 10 are protecting their family with an individual life insurance policy. In fact, a third of Americans say that life insurance is a low or is not a priority when starting a family, according to this same study.

POSTED FEBRUARY 25, 2019 5:32 PM
Life Insurance Offers Protection and Peace of Mind
Most Americans agree that preparing financially for life’s unknowns is a way to show that you care. In fact, almost 2 in 3 think that having life insurance is key to taking care of their family financially. These are just some of the findings from the “2019 Insure Your Love Consumer Survey” by Life Happens.

POSTED FEBRUARY 06, 2019 11:00 AM
20 Reasons Not to Jettison Your Life Insurance After 60
Most people think of life insurance only when they want to protect their family and provide a source of replacement income in the event of their death. They don’t think of it as a buffer to replace lost assets due to market volatility—for example, the market goes south and you die before you have the time to rebuild or replace the lost assets.

POSTED JANUARY 24, 2019 11:00 AM
Join Life Happens and LIMRA for a Special Twitter Chat during #InsureYourLove 2019
Join Life Happens and LIMRA representatives as we moderate a Twitter Chat focused on life insurance and how it offers protection and peace of mind. The chat is just a part of our activities during February’s Insure Your Love Month. There will be plenty of activity from the media, insurance companies, agents and consumers. We […]

POSTED JANUARY 17, 2019 5:54 PM

News – Insurance Journal

CSAA in California Names Allstate’s Troy President and CEO
The board of directors of the CSAA Insurance Group, a AAA insurer, has named Thomas M. Troy to succeed Paula F. Downey as the company’s chief executive officer and a member of its board of directors. The promotion is effective …

POSTED MARCH 26, 2019 10:49 PM
Washington Insurance Commissioner Issued $80K in Fines in February
Washington Insurance Commissioner Mike Kreidler disciplined and issued fines in February totaling $79,400 against insurance companies, agents, brokers and others who violated state insurance regulations. Insurance companies Asuris Northwest Health, Seattle; fined $20,000 The company retroactively denied coverage for a …

POSTED MARCH 26, 2019 10:16 PM
California Disaster Insurance Act Passes Key Committee
Legislation by that could lead California to consider buying insurance in the private market to cover rapidly increasing costs of fighting wildfires due to climate change cleared a key committee vote Tuesday. Senate Bill 290, called the California Disaster Insurance …

POSTED MARCH 26, 2019 10:10 PM
Berkley FinSecure Launches Embezzlement Insurance for Investors
Berkley FinSecure, a Berkley Company, has launched Capital Shield, an insurance product that covers individuals for embezzlement of their invested assets. The product has been launched with Capital Shield Inc. and Capital Shield Insurance Services and covers individual investors in …

POSTED MARCH 26, 2019 4:59 PM
Trump Eyes Bipartisan Deals on Infrastructure and Drug Prices
U.S. President Donald Trump is willing to work with congressional Democrats to lower drug prices for Americans and on infrastructure funding, White House adviser Kellyanne Conway said on Tuesday. Conway said the Trump administration considered those two issues as areas …

POSTED MARCH 26, 2019 4:52 PM
Lloyd’s Forms Plan for Safe, Inclusive Working Environment After Harassment Reports
Lloyd’s announced “a robust plan of action to address reports of sexual harassment in the Lloyd’s market and create a safe and inclusive working environment.” The plan includes possible lifetime bans for perpetrators of sexual harassment. This set of actions …

POSTED MARCH 26, 2019 4:50 PM
In ‘Trump Country’ Farm Belt, Flooding Woes Add to Trade War Stress
Nebraska grain farmer Ryan Ueberrhein was barely breaking even after the U.S.-China trade war pushed prices for his soybean crop to a decade low. Then the nearby Elkhorn River burst its banks as flooding swept across the U.S. farm belt. …

POSTED MARCH 26, 2019 4:42 PM
Universal Insurance Holdings Enters Illinois’ Homeowners Market
Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Universal Insurance Holdings Inc., has entered the market for homeowners insurance in Illinois. The company is now offering homeowners insurance in 18 states. Universal Property policies may be purchased …

POSTED MARCH 26, 2019 4:23 PM
Shipping Resumes in Houston Channel Closed After Chemical Tank Fire
The U.S. Gulf Coast’s most important industrial waterway partially reopened on Monday after it was polluted with cancer-causing benzene and toxic runoff from the region’s worst chemical disaster in more than a decade. A two-mile (3.2-kilometer) stretch of the Houston …

POSTED MARCH 26, 2019 4:08 PM
Arkansas Insurance Department Warns of Fake Auto Policy Scam
Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent policies at car dealerships. In a media release, Kerr said the Criminal Investigation Division at the …

POSTED MARCH 26, 2019 4:04 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does R Hobbs Insurance Agency Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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