Some History About Lloyd’s of London

How often have you heard about the Lloyd’s of London insurance someone or something has in place? One of the oldest providers of unique Specialty Lines Insurance coverage Lloyd’s of London began in Edward Lloyd’s Thames-side coffee house in Tower Street in the City of London, England. The exact date of the original establishment isn’t known, but there’s evidence Lloyd’s coffee house was popular with the London business circles as early as 1688. Today, Lloyd’s is the world’s leading insurance market. Not to many people make it very long in life without hearing about this insurance provider.But, Lloyd’s isn’t the … Continue reading →

What Is Specialty Lines Insurance?

Have you ever wondered how someone might insure their home made airplane, or the private island they own someplace not even listed on a map? What about celebrity insurance, and Betty Grables million dollar legs? There are always going to be some people who create, or posses something of unusual value. There will always be a few people so daring that they become an unusual Risk. Not everyone will have legs with a value of a million dollars, but for those who do they will need to find insurance in the “Specialty Lines” market. Specialty lines insurance markets are a … Continue reading →

More Interesting Body Parts Celebrities Insure

In the Blog Million-Dollar Legs: Body-Part Insurance I wrote about why a celebrity might want or need a body-part insurance policy. Juicy gossip of body-parts being insured at high rates are not only one way a celebrity can protect themselves from the risk of loss in the event their body part fails but it can also prove to be a great publicity gimmick. Throughout the history of modern celebrity body part insurance policies have been issued for some interesting people and some very interesting body parts: During 1940s Jimmy Durante insured his trade-mark large nose for $50,000. There were rumors … Continue reading →

Million-Dollar Legs: Body-Part Insurance

Betty Grable was known as the “Girl with the Million-Dollar Legs” because that’s what Fox Studios requested from Lloyd’s of London for the Body-Parts insurance policy. Grable was once quoted to have said, “There are two reasons why I am successful in show business and I am standing on both of them.” Grable knew her legs were something to be admired. Most ordinary people wouldn’t need this type of insurance, but those who have careers based on their appearance or performance might need body-part insurance coverage. There are rumors that Jennifer Lopez insures her rear-end for a billion-bucks, although she … Continue reading →

Movie Insurance

With all the recent news about Lindsey Lohan’s problems a few recent quotes from the Hollywood reports bring up my area of expertise, Insurance! There has been a bit of chatter about the fact that Lohan may now be “uninsurable.” Insurance isn’t something most people associate with the fame and power of Hollywood. But, the truth is there are many assets and risks that require insurance in order to make the movies that entertain us. When investors, studios and producers plan to make a movie the insurance is one of the first things they need to plan for and invest … Continue reading →

What to Know About the Rental Car Agreement and Insurance.

Insurance is state regulated, the type of coverage and the premium cost will vary from one state to another. Rental car customers usually have choices of what added insurance they may need to purchase in order to cover a rented auto. Before you show up in line at the rental car counter be sure to do some advanced planning. The Insurance coverage you may want to understand include the following coverages: Collision Damage Waiver Rental car insurance usually offers a collision damage waiver, in some cases this coverage may also be called, a Loss Damage Waiver. These policies are not … Continue reading →

All-Terrain Vehicle (ATV) Insurance

Spring is just around the corner and last week I wrote a Blog about Personal Watercraft, or small boats. The other thing families seem to be attracted to adding as a toy are All Terrain Vehicle’s otherwise known as an ATV. Useful, fun and wonderful way to spend a weekend ATV’s are loved by families, ranchers, hunters, beach safety, and trail riders all over the country. In some cases, a Homeowner Policy might offer some coverage for an ATV that is used only on your own private property. But, most Homeowner policies will not cover if it’s used off your … Continue reading →

Kidnapping Insurance: Chubb Masterpiece Family Protection

Shawn Hornbeck was kidnapped on October 6, 2002 and held hostage until January 12, 2007 when he was found with another boy who went missing a few days before they were found together. By now we have all heard the story and for once the ending is as good as it possibly could have been for a child who was kidnapped at the age of 11 and held for over four years. Shawn’s mother and step-father never lost hope and virtually invested every asset they had during their four-year ordeal. This story is repeated far too often in the United … Continue reading →

Adoption Insurance

In many cases families choose to adopt newborns placed by their mother at the time of birth or shortly after. In most cases, a mother has a period of time where she is legally able to change her mind. Private domestic infant Adoption includes a process where finances are invested for a desired outcome. Hopeful adoptive parents often fear a change of heart, and sometimes suffer great financial loss. In some adoption situations there are ways that potential adoptive parents can protect their finances during the adoption process. In some states Adoption insurance may be available to protect adoptive parents … Continue reading →

Insuring Words: Plagiarism, Copyright and Publication

Plagiarism and copyright infringement has become an important liability for any writer, website owner or business with publications to consider in the modern world of media. Never before have ordinary people, citizens of the world or well educated members of a society had more freedom of speech then we do today. Personal websites, journals and Blogs have made it possible for anyone to say what they think, feel or believe. The freedom of the Internet, and home publication tools we have today, make it possible to get our ideas and words into the hands, and eyes of nearly any target … Continue reading →