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Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

What to Know When Adding a Teen Driver to Your Car Insurance Policy

Older people just love generalizing about younger generations, but there’s one stereotype that is painfully true: Young people are terrible at driving. Unfortunately for parents who add teenagers to their insurance policies, that bad driving can prove costly, even if young drivers never get into trouble. A study commissioned by insurance pricing site insuranceQuotes looked at how much it would cost a family to add a driver...

How To Keep Your Office Safe From Cyber Crime

Cyber crime is criminal activity carried out on the internet. It can be a crime such as hacking, spamming, or phishing in which a specific device is the object of the crime, or a crime in which a device is used as a tool to commit an offense. Common cyber crimes include identity theft, unauthorized computer access, online theft of bank information, and online predatory...

Staten Island principal busted for role in auto insurance scam

A Staten Island principal has been arrested and charged with felony insurance fraud for registering her luxury cars at the Pennsylvania home of a city vendor, a scheme first exposed by The Post. Oneatha Swinton, the interim acting principal of Port Richmond HS, was charged with four counts of insurance fraud, theft by deception and criminal conspiracy by the Pennsylvania Attorney General’s office. In addition,...

Your New Flood Insurance Options

Most homeowners with flood insurance still get it from the federal government. But private insurers are starting to offer policies with higher coverage – and sometimes even lower premiums. Q- Now that it’s hurricane season, I’ve been thinking about buying flood insurance. I hear that there’s a 30-day waiting period to get coverage from the National Flood Insurance Program. Are there any alternatives? A-The National Flood...

How the Insurance Business Works, the Quick Version

Here are the basic concepts behind how insurance companies make their money. At its core, the insurance business is quite simple. In this clip from Industry Focus: Financials, host Michael Douglass and financials specialist Matt Frankel break down the two primary ways insurers make their money. A full transcript follows the video. Something big just happened I don't know about you, but I always pay...