As Travelers Companies (TRV) Stock Price Declined, Old Mutual Global Investors Uk LTD Trimmed Holding; Webster Bank Holding in Exxon Mobil (XOM) Trimmed by $611,120

November 18, 2017 – By Richard Conner

Webster Bank decreased its stake in Exxon Mobil Corp (XOM) by 2.1% based on its latest 2017Q2 regulatory filing with the SEC. Webster Bank sold 7,639 shares as the company’s stock rose 0.21% with the market. The institutional investor held 355,475 shares of the integrated oil company at the end of 2017Q2, valued at $28.70M, down from 363,114 at the end of the previous reported quarter. Webster Bank who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $338.63 billion market cap company. The stock decreased 0.40% or $0.32 on November 17, reaching $80.24. About 9.54 million shares traded or 13.71% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 18, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Old Mutual Global Investors Uk Ltd decreased its stake in Travelers Companies Inc (TRV) by 58.97% based on its latest 2017Q2 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd sold 487,848 shares as the company’s stock declined 0.95% while stock markets rallied. The institutional investor held 339,411 shares of the finance company at the end of 2017Q2, valued at $42.95M, down from 827,259 at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Travelers Companies Inc for a number of months, seems to be less bullish one the $35.32B market cap company. The stock decreased 0.68% or $0.89 on November 17, reaching $129.92. About 2.37M shares traded or 46.30% up from the average. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since November 18, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil – Strong Quarter Buoyed By Higher Oil Prices” on October 30, 2017, also Seekingalpha.com with their article: “Exxon Mobil: What Else Did You Expect?” published on October 27, 2017, Seekingalpha.com published: “Exxon Mobil Q3 Earnings Preview” on October 20, 2017. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Nasdaq.com and their article: “Exxon Mobil Corporation (XOM) Ex-Dividend Date Scheduled for November 10, 2017” published on November 09, 2017 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil: Rating Update” with publication date: November 07, 2017.

Webster Bank, which manages about $675.60M US Long portfolio, upped its stake in Invesco Powershares Capital Management Llc (PRF) by 13,587 shares to 30,284 shares, valued at $3.13M in 2017Q2, according to the filing. It also increased its holding in Blackrock Fund Advisors (AAXJ) by 9,452 shares in the quarter, for a total of 27,052 shares, and has risen its stake in Ssga Funds Management Inc (SPY).

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It dived, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. 50,944 are owned by Timber Hill Ltd Liability. Usca Ria Ltd Company invested in 1.06% or 102,660 shares. Montag A And Assocs holds 0.92% in Exxon Mobil Corporation (NYSE:XOM) or 101,368 shares. 29,688 are owned by Bremer Natl Association. Altavista Wealth Management reported 77,478 shares. American Asset Mgmt Inc holds 0.16% or 3,650 shares. Crossvault Capital Mngmt Limited Liability Corporation reported 25,070 shares stake. Mutual Of America Cap Limited Liability invested 0.72% in Exxon Mobil Corporation (NYSE:XOM). Hsbc Public Llc has invested 1% in Exxon Mobil Corporation (NYSE:XOM). Bellecapital Limited holds 0.98% or 13,790 shares in its portfolio. Vista Cap Partners Incorporated invested in 3,792 shares. Eagleclaw Cap Managment Limited Liability Corp stated it has 8,909 shares. Headinvest Ltd Liability Com, Maine-based fund reported 84,989 shares. Cullen Frost Bankers accumulated 878,638 shares or 2.38% of the stock. Moreover, D E Shaw And has 0.07% invested in Exxon Mobil Corporation (NYSE:XOM) for 554,758 shares.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 76 analyst reports since July 22, 2015 according to SRatingsIntel. HSBC downgraded Exxon Mobil Corporation (NYSE:XOM) on Tuesday, November 7 to “Reduce” rating. Macquarie Research initiated Exxon Mobil Corporation (NYSE:XOM) rating on Wednesday, September 23. Macquarie Research has “Underperform” rating and $60 target. The company was downgraded on Wednesday, November 18 by Raymond James. Nomura initiated Exxon Mobil Corporation (NYSE:XOM) on Friday, March 18 with “Reduce” rating. As per Tuesday, July 11, the company rating was upgraded by Barclays Capital. As per Friday, March 18, the company rating was maintained by Goldman Sachs. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 20. The firm has “Long-Term Buy” rating given on Wednesday, June 7 by Hilliard Lyons. The rating was downgraded by Tudor Pickering to “Sell” on Tuesday, January 26. As per Tuesday, October 24, the company rating was maintained by Cowen & Co.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 earnings per share, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.18 billion for 20.26 P/E if the $0.99 EPS becomes a reality. After $0.93 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on January, 23. They expect $2.16 earnings per share, down 32.50% or $1.04 from last year’s $3.2 per share. TRV’s profit will be $587.22 million for 15.04 P/E if the $2.16 EPS becomes a reality. After $0.91 actual earnings per share reported by Travelers Companies Inc for the previous quarter, Wall Street now forecasts 137.36% EPS growth.

Among 16 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 3 Sell and 7 Hold. Therefore 38% are positive. Travelers had 45 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Tuesday, June 28 to “Buy”. On Monday, June 19 the stock rating was downgraded by Bank of America to “Neutral”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, May 23 report. The stock of Travelers Companies Inc (NYSE:TRV) has “Buy” rating given on Friday, October 20 by Citigroup. UBS maintained the stock with “Neutral” rating in Wednesday, January 27 report. The company was maintained on Friday, July 22 by RBC Capital Markets. Goldman Sachs maintained Travelers Companies Inc (NYSE:TRV) on Tuesday, April 26 with “Neutral” rating. The stock has “Equal-Weight” rating by Barclays Capital on Friday, August 11. Argus Research downgraded the shares of TRV in report on Wednesday, April 27 to “Hold” rating. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $135.0 target.

More news for Travelers Companies Inc (NYSE:TRV) were recently published by: Seekingalpha.com, which released: “Travelers: Update On Intrinsic Value And Catastrophe Exposure” on November 01, 2017. Businesswire.com‘s article titled: “Travelers Announces Results of 2017 Risk Index” and published on October 23, 2017 is yet another important article.

Old Mutual Global Investors Uk Ltd, which manages about $8.25B US Long portfolio, upped its stake in Masimo Corp (NASDAQ:MASI) by 173,518 shares to 569,887 shares, valued at $51.96M in 2017Q2, according to the filing. It also increased its holding in Illinois Tool Wks Inc (NYSE:ITW) by 555,923 shares in the quarter, for a total of 1.03M shares, and has risen its stake in Wal (NYSE:WMT).

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Why It Is Important To Get Health Insurance Quotes Online

Do you know why companies fix different price for their insurance cover? They have different policies and rates. For the past ten years clients were not able to acquire quickly the policies through internet, as health insurance quotes can be obtained easily. Nowadays, there are ways to know about the health insurance quotes through websites which helps an individual or a family or business person. They make clients know the cheapest medical insurance policies instead of selling directly. It is easier for the clients to get the representatives for the quotes from the same state. By doing that so, we can make the agents to earn more with the better options and gain the chance to match up to other existing options. Those Online sites will enable the client to get more information to follow but many will be offering a way to buy those policies.

As all information can be obtained through online it is difficult for the one to select the best information and cover with its remuneration.

It is better to choose the policy to be selected during the initial stage itself. It will be easier to search in that category in which we decided to insure. It is also a must to select the best company which will give a better standard of quality and assurance. It is better to have the advice of doctors and get some medical treatments every year twice even if you are feeling well. It is essential to check on a health quote as it might make you to insurance at least in some simplest health cover which will be benefitting you later. As the future cannot be predicted it is the health that is to be concerned by everyone after a certain age.

Linking the quotes of various plans will be difficult. So there need to be an expert’s advice to come handy. The Health insurance quote will be having information of the policy which summarizes the premium, co-payment, first time deductible, coverage limits and the list of preferred partners and hospitals that the customer can be benefitted due to the plan.

Through online the customers can have some more details to make their choice wide open. Numerous types of insurance coverage, like individual, family, group, business, private, short-term, dental, student, travel and international insurance were the options available to them. It will enable to choose the best suited for the customer. It is steadfast through internet to get the best health insurance quote. The mode of communication with the agents is globally grown nowadays. It will make clear for the client to be well aware of the policy to be selected for their benefit.

Whole Life Insurance Quotes – Is Whole Life Insurance Your Best Option?

Whole life insurance quotes are higher than Term life, which seems to be the direction that most consumers are going these days. The reason for this is because Whole life insurance also has a savings plan within the policy that accumulates what's called "cash value" over the life of the policy. You can borrow against this cash value later on in life if needed and use it for practically any purpose.

Another reason that many people are leaning towards term life, rather than Whole life, now is because Term life is known as "pure" insurance coverage and there is no savings plan involved. Because of this it's much less expensive. You can buy a 10, 20 or 30 year Term life policy that will get you beyond most of lifes major expenses and save yourself a lot. This is how.

The question that I have for most people is "why would you want to invest in an insurance policy when you can invest elsewhere and get a higher interest rate?" If you're going to buy life insurance, buy life insurance, but if you want an interest bearing savings plan, you should see your banker or other financial advisor. It is definitely a good idea to diversify your funds by having several different savings accounts, however, Whole life insurance is over priced and there are simply better ways to invest your hard earned money.

Summary – If you are totally set on getting Whole life insurance quotes, then that's your decision. I'm not saying that Whole life insurance is a bad thing, only that buying Term life is a better idea. The decision is up to you.

Origin Asset Management Llp Cut Travelers Companies (TRV) Holding By $7.95 Million; Last Week Franks International NV (FI) Coverage

November 18, 2017 – By wolcottdaily

Origin Asset Management Llp decreased Travelers Companies Inc (TRV) stake by 58.99% reported in 2017Q2 SEC filing. Origin Asset Management Llp sold 63,112 shares as Travelers Companies Inc (TRV)’s stock declined 0.95%. The Origin Asset Management Llp holds 43,867 shares with $5.55 million value, down from 106,979 last quarter. Travelers Companies Inc now has $35.32B valuation. The stock decreased 0.68% or $0.89 on November 17, reaching $129.92. About 2.37M shares traded or 46.30% up from the average. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since November 18, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

Among 20 analysts covering Frank’s International N.V. (NYSE:FI), 3 have Buy rating, 6 Sell and 11 Hold. Therefore 15% are positive. Frank’s International N.V. had 56 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan initiated Franks International NV (NYSE:FI) rating on Wednesday, June 22. JP Morgan has “Neutral” rating and $13 target. The stock of Franks International NV (NYSE:FI) has “Underweight” rating given on Wednesday, September 27 by JP Morgan. RBC Capital Markets maintained Franks International NV (NYSE:FI) rating on Friday, November 3. RBC Capital Markets has “Buy” rating and $9.0 target. The rating was downgraded by Credit Suisse to “Sell” on Tuesday, November 7. On Friday, August 25 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The rating was maintained by RBC Capital Markets on Thursday, July 20 with “Sell”. UBS downgraded Franks International NV (NYSE:FI) on Thursday, August 25 to “Sell” rating. JP Morgan maintained Franks International NV (NYSE:FI) rating on Tuesday, September 12. JP Morgan has “Neutral” rating and $7 target. The firm earned “Underperform” rating on Friday, December 16 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, April 28. See Franks International NV (NYSE:FI) latest ratings:

07/11/2017 Broker: Credit Suisse Rating: Sell Downgrade
03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $9.0 Maintain
02/11/2017 Broker: Jefferies Rating: Hold New Target: $7.5 Maintain
19/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $7.25 Maintain
16/10/2017 Broker: Jefferies Rating: Hold New Target: $8.0 Maintain
10/10/2017 Broker: Deutsche Bank Rating: Hold New Target: $7 Initiates Coverage On
06/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $10.0 Maintain
05/10/2017 Broker: Jefferies Rating: Hold New Target: $8.5 Maintain
27/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $8.0 Maintain
27/09/2017 Broker: J.P. Morgan Rating: Sell New Target: $5.0 Downgrade

Among 16 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 3 Sell and 7 Hold. Therefore 38% are positive. Travelers had 45 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, August 21. The stock of Travelers Companies Inc (NYSE:TRV) has “Buy” rating given on Friday, October 20 by Citigroup. The stock of Travelers Companies Inc (NYSE:TRV) earned “Outperform” rating by RBC Capital Markets on Friday, January 22. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, September 20. Citigroup maintained it with “Neutral” rating and $113 target in Wednesday, October 21 report. As per Thursday, December 1, the company rating was upgraded by Citigroup. The firm earned “Hold” rating on Monday, June 19 by Keefe Bruyette & Woods. The stock of Travelers Companies Inc (NYSE:TRV) earned “Neutral” rating by Bank of America on Monday, June 19. UBS maintained Travelers Companies Inc (NYSE:TRV) rating on Wednesday, November 1. UBS has “Neutral” rating and $139 target. RBC Capital Markets maintained the shares of TRV in report on Monday, June 26 with “Buy” rating.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on January, 23. They expect $2.16 earnings per share, down 32.50% or $1.04 from last year’s $3.2 per share. TRV’s profit will be $587.22M for 15.04 P/E if the $2.16 EPS becomes a reality. After $0.91 actual earnings per share reported by Travelers Companies Inc for the previous quarter, Wall Street now forecasts 137.36% EPS growth.

Origin Asset Management Llp increased Hasbro Inc (NASDAQ:HAS) stake by 31,000 shares to 302,422 valued at $33.72 million in 2017Q2. It also upped Copart Inc (NASDAQ:CPRT) stake by 371,622 shares and now owns 743,244 shares. Alibaba Group Hldg Ltd (NYSE:BABA) was raised too.

The stock increased 4.46% or $0.28 on November 17, reaching $6.56. About 1.00 million shares traded. Franks International NV (NYSE:FI) has declined 43.86% since November 18, 2016 and is downtrending. It has underperformed by 60.56% the S&P500.

Since June 14, 2017, it had 0 insider purchases, and 3 sales for $372,960 activity. $124,320 worth of Franks International NV (NYSE:FI) was sold by Bradford’s GP – LLC on Wednesday, June 14. The insider WBM Partnership – LP sold 14,800 shares worth $124,320. Mosing William Bradford sold 14,800 shares worth $124,320.

Frank’s International N.V. is a well-known provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the gas and oil industry. The company has market cap of $1.53 billion. The Firm operates through four business divisions: International Services, U. It currently has negative earnings. S.

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.19, from 1.43 in 2017Q1. It dropped, as 24 investors sold Franks International NV shares while 25 reduced holdings. 18 funds opened positions while 43 raised stakes. 69.73 million shares or 4.01% more from 67.04 million shares in 2017Q1 were reported. 8,025 were accumulated by Bnp Paribas Arbitrage. Qs Invsts Limited Liability Co reported 10,579 shares. Citadel Advisors Limited Co invested in 1.26 million shares. Commercial Bank Of America De has 0% invested in Franks International NV (NYSE:FI). Comerica Bancorp stated it has 221,161 shares. Great Lakes invested in 0% or 11,761 shares. 272,012 are owned by Jpmorgan Chase. Energ Opportunities Mngmt Lc owns 157,626 shares. Clearbridge Lc owns 0% invested in Franks International NV (NYSE:FI) for 186,312 shares. Wedge Mgmt L L P Nc owns 2.19 million shares for 0.17% of their portfolio. Moreover, Synovus has 0.01% invested in Franks International NV (NYSE:FI). Barclays Public Lc holds 49,929 shares or 0% of its portfolio. Tocqueville Asset Mgmt Ltd Partnership invested in 0.1% or 957,900 shares. Voya Invest Mgmt Ltd Liability holds 0% of its portfolio in Franks International NV (NYSE:FI) for 21,717 shares. Natl Asset Management has invested 0.05% of its portfolio in Franks International NV (NYSE:FI).

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Auto-Car Insurance – How to Choose With Cheap Quote

You may aware that in most parts of the world and in most states too, driving a car is illegal without proper insurance. So, you must have an automobile insurance if you are a car owner. Over the years I've often been experiencing that auto owners used to regret of not choosing a proper auto insurance.Choosing a right kind of car insurance may not be any driver's first priority, the first one is logically being the safety of their car.Car owners often pay the price after an accident wiped the peace and tranquility out of their life.

Car or auto insurance is a contract between you and your insurance company where you agree to pay the premium, while the insurance company agreements to reimburse your loss under terms and conditions against property, liability and medical coverage as stated in your insurance policy. Property coverage pays for damage to and / or theft of the car. Liability coverage pays for policy-holder's legal responsibility to others for bodily injury or property damage. Medical coverage pays for cost treating, rehabilitation and sometimes lost wages and funeral expenses. The insurance policy provides different kinds of inbuilt and additional coverage. So, you have to choose a right kind of policy after researching a little bit, using online auto insurance quotes of different car insurance companies which serves you the best according to your needs.

Bodily Injury Liability coverage is applicable where injuries are caused to someone in a road accident by the policyholder or his family members listed on the policy. If you are involved in a serious accident and are sued for a large sums of money, you will have to choose good liability insurance for your protection.

Medical Payments or Personal Injury Protection (PIP) coverage pays for injuries to the policyholder and occupants inside the car in an accident. PIP can cover medical payments, lost wages and cost of replacing services normally performed by someone injured in an auto accident. It may include funeral cost, if any.

Property Damage Liability pays for damage you can cause to another car. It can also include damage to other objects of property your car may hit, for instance fines, telephone booths, lamp posts, building or other structures.

Collision Coleges pays for damage to the policyholder's car, called it own damage, which resulted from a collision with another car, object etc. It should be noted that due to certain operative clauses, even if you are to blame for or at fault for the collision, the costs of repairing your car will be reimbursed to you by insurance company. But the deductible has to be generated by the policy-holder which generally ranges from $ 250- $ 1000 in US

Comprehensive Coverage will pay you for the loss (other than collision with another car) due to damage by fire, explosion, falling objects, missiles, earthquake, windstorm, hail, flood, vandalism and riots, contact with animals, theft etc. In other words, comprehensive coverage assure reimbursements for damages caused by forces other than another car or object.

Uninsured and Under-insured Motorist Coverage reimburses you in case you are hit by an uninsured or hit-and-run driver and will also be helpful if you are hit as a pedestrian.

Reaching Your Goal of Low Cost Health Insurance

When trying to determine the right low cost Medical Insurance for yourself it may be beneficial for you to compare various Low Cost Health Insurance plans while doing so. There are several questions that the individual will need to ask themselves when searching for a health insurance, such as what are my basic wants and needs.

Knowing that you are getting the best Low Cost Medical Insurance is what comparing Medical Insurance online is all about. You want to know you are getting the best possible care available.

When individuals are looking to start a quest in comparison Low Cost Insurance then they should definitely consider beginning their quest with the Internet. It is no secret that the Internet will offer them the perfect outlet with the information that they will need to find the right answers to complete this task.

Through the use of the Internet, a variety of Medical Insurance Companies can be accessed at one time in which an individual can compare the quotes of Low Cost Health Insurance. This process would have been incredibly long without the use of the Internet, but with the aid of the Internet this entire process has been made much easier with the simple click of your mouse.

Using the Internet does help individuals to save precious time that would be used to do other things including looking for Low Cost Health Insurance. Luckily, several Medial Insurance Companies now have their own websites where individuals have the ability to ask questions relating to health care as well as get health quotes immediately.

Having the ability to talk to someone at one of these Medical Insurance websites twenty-four hours a day can be beneficial to any individual searching for health insurance. However, many individuals fail to see that even though the benefits may be the same from various quotes the prices are often very different.

By comparing Low Cost Health Insurance individuals are sure to get a much better price on their Medical Insurance. By collecting health insurance quotes personally, which means traveling from insurance firm to insurance firm, individuals will consume quite a lot of their valuable time.

The various rates from Medical Insurance Companies can also be given to you by your family and friends who also have Low Cost Health Insurance. Once you have taken the time to compare quotes from various Medical Insurance Companies, then it is time to make your final decision, but a number of things must have considered prior to making this vital decision.

Begin by comparing the various Low Cost Health Insurance quotes that you have collected during your research. You will want a plan that meets your needs and that you can afford. Things that might need to be considered are your habits, age, lifestyle, and your future.

Purchasing Medical Insurance for an entire family can be an expensive expenditure, but you need to be sure that the needs of each family member are met. However, the healthier you and your family are, then the cheaper your promotions will be.

Is There A Better Alternative To Pet Insurance?

If your home is like 72.9 million others in the U.S., it is home to at least one pet. According to the 2011-2012 APPA National Pet Owners Survey, 62 percent of households in the U.S. have at least one pet. It’s not hard to imagine why. Pets, whether furred, hoofed or winged, bring so much to our lives. But, along with unconditional love and unquestioning devotion, they can also bring significant vet bills. In fact, the APPA (American Pet Products Association) estimates that U.S. pet owners will spend $14.1 billion on veterinary care in 2011.

Some pet owners opt for pet insurance as a method of reducing the costs of routine and emergency vet visits. However, Consumer Reports recently published a review of several pet insurance plans. The review was not favorable. Their basic conclusion: “Pet insurance is rarely worth the price… Only in uncommon cases, when a pet required very expensive care, would the coverage have more than paid for itself.”

Here are a couple of reasons why a pet insurance plan may not be your best option to save on your pet’s healthcare costs.

1. Lack of Coverage

Most pet insurance companies promise to cover 70 to 90 percent of your pet’s veterinary costs. However, these companies have adopted much of the fine print that the large human health insurers use: cumbersome claims processing, deductibles, per-visit reimbursement limits and per-incident limits. They may also deny coverage for many common conditions, including those deemed “inherent to the breed” and “pre-existing” conditions. As a result, their insurance rarely covers more than 50 percent of a pet’s annual medical costs. And since they charge $400-$1100 for a policy, the insurance typically costs the average pet owner far more than it saves.

2. Poor Return on Investment

In the aforementioned Consumer Reports review, they analyzed the lifetime vet bills of Roxy, a 10-year-old beagle in Dobbs Ferry, NY. Costs were totaled for nine different pet insurance policies, calculating how much would be paid out in reimbursements. Over Roxy’s 10 years, none of the policies Consumer Reports evaluated would have paid out more than the cost of the plan. Even when treatments for several hypothetical serious ailments were added in, the average policy would only have saved Roxy’s family $65 over her lifetime.

Consumer Reports concludes: “We believe most pet owners will be better off passing up pet insurance.”

So what should pet owners do to help cover rising vet costs? Here are a few alternatives to help:

1. Financial Assistance

There are a number of financial assistance programs financed by grants and private donations. While each one has different guidelines and requirements, your local shelter is a good place to start. Many shelters have updated listings and information on financing opportunities.

2. Veterinary Discount Plans

Veterinary discount plans provide discounts on services at participating veterinarians, immediately reducing the amount you have to spend on routine and emergency care. In Consumer Reports hypothetical case of Roxy, the largest veterinary discount plan showed Roxy’s family saving almost $2,500.

3. Start a Pet Savings Plan

Open a savings account with a high interest yield that you can use an emergency fund. If you put away just $25 a month for 4-5 years, the compounded sum will cover almost any procedure.

Be creative! Mix a Pet Savings Plan with a Veterinary Discount Plan and Financial Assistance plan. Now that’s something to crow (meow, bark or chirp) about!

Insurance industry tackles distracted driving – Entertainment & Life – providencejournal.com

The people who sell you auto insurance want to be that little voice in your head the next time you’re driving and you think to reach for your cellphone.

The people who sell you auto insurance want to be that little voice in your head the next time you’re driving and you think to reach for your cellphone.

The insurance industry is joining legislators, government agencies and others to address the danger and costs of distracted driving. The proliferation of cellphones, dashboard infotainment screens and other distractions has contributed to an increase in traffic accidents and deaths in recent years, according to the National Highway Traffic Safety Administration, and that means more payouts for insurers.

The Travelers Companies began a national campaign targeting distracted driving called Every Second Matters. It started this week with a forum at North Carolina State University.

“We’re here because traffic accidents have a cost,” said Michael Klein, a Travelers executive vice president. “And we’re trying to find ways to prevent those accidents from happening in the first place.”

Klein said data at Travelers show that an increase in distracted driving is a growing factor in the claims it settles for crashes.

Joan Woodward, the executive vice president for public policy at Travelers, said distracted driving should be treated like drunk driving, which despite remaining a serious problem has become less acceptable over the years. The company released the results of a survey of 1,000 adults that found that nearly a quarter of them said they used cellphones or other electronic gadgets while driving, even as 78 percent said they agreed it was “very risky” behavior.

Other findings from the survey:

n People are far more likely to look at their cellphones while driving alone than if someone else is in the car.

n Being lost was the most common reason that drivers said they looked at their cellphones, followed closely by “reading text” or other notifications.

n About 30 percent said they rarely or never speak up when riding with a driver who uses a cellphone.

Aubie Knight, CEO of Independent Insurance Agents of North Carolina, said the trade group supports a bill in the state Legislature that would prohibit drivers from using phones unless they are part of a hands-free system or resting in a cradle. The Brian Garlock Act, named for a Charlotte teenager who was killed in a crash in 2008 while trying to use his cellphone while driving, has languished since it was introduced in 2015.

Knight noted that while it has been illegal to text and drive in North Carolina since 2009, law enforcement officers say it’s difficult to enforce the ban while people are still allowed to hold their phones to talk on them.

Jenny Burke of the National Safety Council, a private nonprofit organization, says studies show that hands-free phone calls are just as distracting as talking with a phone to your ear. And, Burke said, in-dash screens that include maps, online music systems and access to the internet have emerged as new sources of hands-free distractions.

The basic problem, Burke said, is multitasking by drivers. People feel compelled to be doing something else while they’re driving, whether it’s answering a text, eating lunch or putting on their makeup.

“You are not focusing on the road,” she said. “You are focusing on all these other things you’re trying to get done.”