How being single hurts your insurance rates

COVER FINANCIAL, INC | July 17, 2018

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To be sure, when compared with other non-driving variables, marriage has less impact on premium rates. Consumers with a poor credit score, for example, can pay twice as much as those with excellent credit, all other things being equal, as do those in predominantly minority neighborhoods. However, consumer advocates are concerned about the growing number of variables that come into play when setting premium rates. Unrelated factors can end up penalizing low-income, uneducated consumers.

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Amlin plc

Since 2016 Amlin has been wholly owned and fully supported by the financial strength and scale of MS&AD of Japan, the eighth largest non-life insurer in the world and has become MS Amlin.

OTHER ARTICLES

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Article | April 9, 2020

Open banking rules, particularly PSD2 regulations in Europe, have forced banks to share their customer information. Some progressive lenders have turned this threat to their businesses into a big opportunity. They’re using data-sharing ecosystems to reach more customers and launch new products. They’re also teaming up with promising business partners and expanding into fresh markets.

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Article | February 10, 2020

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Does Business Interruption Insurance Cover COVID-19 Closures?

Article | April 2, 2020

Our clients are asking us: Do commercial property and, specifically, business interruption insurance policies provide coverage for COVID-19-related losses? As discussed below, it is critical that you promptly review your company’s policies, exclusions and relevant endorsements to evaluate whether your business has coverage in the wake of COVID-19. If appropriate, you should make a claim with your insurance carrier.

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How Will COVID-19 Affect Insurtech

Article | April 13, 2020

It is common knowledge that there is virtually no industry that has been immune to the effects of COVID-19. The global pandemic has caused massive shifts in individual and industrial behavior and will continue to do so in the months, if not years, to come. The P&C industry, like many others, is reeling from the effects of the virus. Amidst all these events, it is important to assess how the insurtech industry is going to be affected by COVID-19.

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Spotlight

Amlin plc

Since 2016 Amlin has been wholly owned and fully supported by the financial strength and scale of MS&AD of Japan, the eighth largest non-life insurer in the world and has become MS Amlin.

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