"Banks and financial institutions are not the only companies that are atrisk of going under in the current economic climate," said Jon Davidson,InsuranceSpecialists.com CEO. "In the course of only five days, insurancestocks plunged better than 30%. And we're not talking about fly-by-nightcompanies. The big boys took a hit too. Prudential Financial and theHartford Financial Services Group racked up losses of almost 42%. Most ofthe analysts are saying it's going to get worse, and no one is exactly surehow much of the $700 billion Congressional bailout plan is going to go tohelp insurers."

Breaking down the industry into auto, health, life, and homeownersinsurance quotes sections, the new material on InsuranceSpecialists.comgives policy holders specific steps to take in regard to assessing thefinancial stability of their insurer and the reliability of their coverage."None of this is really rocket science," said Davidson, "basically makingsome phone calls and asking the right questions, but it's not the kind ofthing people have had to think about for a long time. Add a healthy dose offinancial fear to the situation, and insurance holders start getting scaredreally fast."

In general, he said, the news is not as bad as many people think. While thecompanies are suffering huge losses, policy holders will be only minimallyaffected thanks to federal laws and state regulations that protect theircoverage. "Still, it's a good idea for someone going after affordablehealth insurance coverage to check the company's Financial StrengthRating," said Davidson. "I think all of us prefer doing business withcompanies that are financially sound."

By focusing on current affairs as well as supplying educational articlesand regular industry news updates, InsuranceSpecialists.com not only helpsconsumers find affordable insurance, but educates andreassures them in the process. Site content is continually updated and theeditors welcome and invite your questions, comments, and ideas. Send emailto: editor@insurancespecialists.com.

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Contact InformationJon DavidsonCEO and PresidentInsuranceSpecialists.comSantana Towers3031 Tisch Way, 7th FloorSan Jose, CA 95128Ph. 408 516 4544Email: Email Contact