When catastrophe strikes the insurance coverage industry is a monetary first responder. Countless dollars are on the way to insurance policy holders to cover claims connected to the severe winter weather that mauled the United States in February. But the industry is also staffed by individuals who care deeply about their communities and contribute above and beyond what their jobs require.
Below are just a couple of examples of donations business and companies have actually made to help their neighbors in requirement.
The American Family Insurance Dreams Foundation made a $10,000 contribution to the American Red Cross on behalf of the enterprise to assist catastrophe relief in Texas.Several insurance providers including Liberty Mutual and Northwestern Mutual are part of the American Red Cross Disaster Responder Program. The Insurance Industry Charitable Foundations (IICF) Southeast department has raised more than $560,000 to support 21 nonprofit beneficiaries who are dealing with challenging times due to the COVID-19 pandemic and the current winter season storms. The New York Life Foundation will match contributions made by workers and representatives up to an extra $100,000 to both Feeding Texas and the New York Life Emergency Assistance Fund, which supplies financial assistance to staff members and representatives impacted by disastrous events.Texas Mutual Insurance Company contributed $100,000 to 6 companies on the frontlines providing Texans with standard requirements like food, shelter and water.
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