Insurance Companies facts

While investigating facts about Insurance Companies Near Me and Insurance Companies In India, I found out little known, but curios details like:

In 1988 Mad Magazine drew attention to a cigarette manufacturer that owned a life insurance company - claiming cigarettes were harmless while charging more to insure smokers.

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Mythbusters hosts Adam and Jamie built a combat robot for the show Robot Wars. It was so effective that it often sent pieces of its opponent's bodywork over the shield walls of the arena into the crowd, and after two fights the show's insurance company deemed the bot "too hazardous" to compete.

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what insurance companies cover salvage vehicles. Here are 50 of the best facts about Insurance Companies In Dubai and Insurance Companies In Nigeria I managed to collect.

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An insurance company had to stop using their cartoon mascot Erin Esurance because she yielded too much fan made porn. When searching Esurance online, porn would come up first.
Chinese insurance companies now offer insurance to protect individuals from being sued by elderly people they tried to help
Jackie Chan and his stunt team are blacklisted by all insurance companies so he has to pay himself whenever somebody in his movies get hurt
A car crashed through the front window of the struggling Cape Cod Potato Chips store in 1980, almost hitting the owner’s daughter. The subsequent insurance payment and publicity from the accident helped tide the company over until the following summer, by which time business was booming.
The Screen Actors Guild strike of 1999 prevented the use of live actors in advertising. Struggling to boost sales and needing an ad campaign, an insurance company turned to CGI to replace the actor. The Geico Gecko was born.
Over 50 of the largest life insurance companies in the US are being sued for not paying claims on millions of policies. In many cases the insurers knew the client was deceased and continued collected premiums via policy loans which would cause them to lapse over time.
A French man, Max Herve-George, has an insurance policy that lets him trade stocks based on last week's prices. It's been called the stupidest contract ever signed, and may end up with him owning the insurance company.
In 2011 a 9 yr old dog was hit by a car and injured. The driver's insurance company considered the dog totaled, and stopped paying for the animals recovery.
One company owns Ray Bans, Arnette, Oakley, Persol, and Oliver Peoples, makes glasses for Chanel, Prada, Armani, Coach, Versace, and Polo Ralph Lauren, owns Sunglass Hut, LensCrafters, Target Optical, and Pearle Vision, and owns EyeMed, a vision insurance company.
Because of the frequency and massive destruction cause by hail in Alberta, insurance companies pay for cloud seeding planes that spray silver iodine to make the rain fall before it becomes hail.

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Sony is primarily an insurance company in Japan and electronics are not their main source of income.

In 2010 an insurance company denied coverage for surgery to repair a newborn's heart defect in which the two major vessels that carry blood away from the heart are reversed, as it was a "pre-existing condition." - source

Sonny Landham, who played the quiet, reflective Native American tracker Billy in "Predator", was notoriously violent and difficult to work with. Eventually, the insurance company for the film forced the studio to hire a full-time bodyguard to protect the cast and crew from Sonny. - source

The traffic on the Arc de Triomphe roundabout in Paris is so chaotic, insurance companies will always split the liability of an accident 50/50.

Lance Armstrong was only caught after an insurance company that sponsored him realized they could get millions of dollars in bonus money back if Armstrong was stripped of his titles. - source

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Lyndall Scott Russell, a military wife who invested $315 in 15 shares of an insurance company in 1950. The insurance company became Safeco, and after 9 stock splits and dividends reinvested, her $315 investment turned into over 33k shares making her a multimillionaire.

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The vast majority of auto insurance claims are processed through a software called Colossus, created by McKinsey, was systematically designed to increase a company's bottom line profit margins and to screw out consumers...

Some American insurance companies employ private firefighter brigades to defend the properties of wealthy clients during wildfires.

83% of Psychiatry Providers listed as In-Network with an Insurance Company, either don't exist or aren't accepting new patients, a term described as "Ghost Networks"

In London from 1682 one could buy fire insurance: you attached a metal plate to their building ensuring that if there were a fire their insurance company would fight to extinguish it. If the building wasn’t insured the fire wasn’t put out unless it threatened to spread to an insured building.

PETERS v. FIREMEN INSURANCE CO: man gives woman herpes, she sues him, he claims that since he used his boat to foster romance and sexual conduct the company that insured his boat should provide coverage because they were suppose to cover incidents resulting from his use of the boat.

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Prize Insurance, which companies buy instead of prizes for competitions. The policy pays out in the unlikely event that somebody wins the competition.

Life insurance companies had to pay the policies of both Bonnie & Clyde in full. They didn't yet have an exclusion for cases of deaths caused by criminal acts by the insured.

Most insurance companies will provide discounts or reimbursements for gym memberships to keep you healthy

Expensive prizes at events-- like winning a car for sinking a full-court shot at a basketball game, winning $1,000,000 for a hole-in-one, etc.-- are usually paid for by insurance companies. "Hole-in-one insurance" is an insurance policy that protects against someone winning a huge prize.

The NFL sued over three dozen insurance companies in an attempt to cover the claims that players made against the league for failing to protect players from brain injury

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MetLife originally adopted the Peanuts brand to make the "cold and distant" insurance company appear more approachable. Consequently, the branding was dropped when MetLife's focus shifted towards corporate clients.

The Official Taste Tester for America's largest ice cream company, Dreyer's, has tasted and approved over 200 million gallons of ice cream. His tongue is insured for $1 million, and he uses a gold spoon because plastic and wood have a resin taste, and silver tarnishes.

Smiley faces were invented in 1963 by a graphics designer from Worcester, MA, named Harvey Ball, to cheer up people at an insurance company (now knows as Hanover Insurance)

Game shows pay for prize indemnity insurance. If a participant wins a prize the insurance company provides the prize and the show is reimbursed.

During the Montgomery Bus Boycott, city officials tried to prevent black residents from carpooling by pressuring auto insurers to cancel their policies. Boycott leaders organized new policies through Lloyd's of London, a company that once insured slave ships.

There is an insurance policy issued against Alien Abduction, which can be redeemed if the insured person can prove they were abducted by aliens and returned to Earth. Some companies even offer policies for alien pregnancy.

Benjamin Franklin started the first successful fire insurance company in the Colonies.

There is a service that will pay you to use lower-cost medical services. The money comes from insurance companies, in an attempt to keep costs down.

Companies used to be able to take out "Dead Peasant" life insurance on employees without their knowledge or consent. In one example Amergy Bank took out a policy on an employee undergoing chemotherapy for Brain Cancer. They fired him and collected the $4.7M life insurance payout when he died.

The major American health insurance companies are one of the largest holders of fast food stock and other forms of investments.

Insurance companies are themselves insured against big payouts from unforseeable disasters, and that this is called 'reinsurance'.

During the filming of "Predator" in 1987 the studio's insurance company would not agree to insure the production unless a body guard was hired to follow Sonny Landham (Billy) around. The body guard's sole purpose was not to protect Sonny, but to protect other people from Sonny.

He briefly worked in setting up actuarial tables for insurance companies, but didn"t pursue a career there.

State Farm refused to insure Florida homeowners for 5 years due to the high risk and only came back as a subsidiary in 2011 to limit liability on the company as a whole.

Most insurance companies have a "war exclusion cause" which exempts them from having to cover war-related damage since they would most likely be bankrupted by trying.

This is our collection of basic interesting facts about Insurance Companies. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Insurance Companies so important!