InsuraGuest Inc.’s Guest Protection Insurance Coverage Increasingly Useful as Guest Stays Grow Worldwide

Jan 22, 2020

Hotel and vacation rental insurance gap coverer InsuraGuest is expanding its reach to Europe and Asia this year, and expects to be registered and licensed in all 50 states before the end of the year The company is currently licensed in 16 states from Maryland to Nevada, offering protection in case of accidental in-room damage, theft of personal property, accidental medical expense or accidental death and dismemberment during a stay at a property The lawsuit filed by Grammy Award-winning singer and actor Meat Loaf following his injury at a Texas hotel underscores the potential benefits of having stop-gap coverage in place 2020 kicked off with U.S. hotels reporting an increase in revenue per available room (RevPAR), average daily rate (ADR) and occupancy during the week of December 29 to January 4

A fall that Grammy Award-winning rock singer and actor Meat Loaf suffered last year and the resulting lawsuit against the Hyatt Regency Hotel in Texas (http://nnw.fm/6Zi8t) serve as a high-profile example of the risks convenience service industries accept when they welcome guests, as well as the risks guests may face when they choose to stay at an establishment.

In the case of Meat Loaf, the 72-year-old entertainer was appearing at a convention when, according to the lawsuit and a video of the incident…

NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://nnw.fm/InsuraGuest

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Formula 1 star Perez considers early retirement amid Cadillac project

MEXICO CITY — Sergio “Checo” Pérez has been back in Formula 1 for less than a season and is already contemplating retirement. The Mexican driver said Tuesday that bringing Cadillac into a leading role in the sport’s top tier will take time, but he does not plan on competing with the team for much longer. “It’s a project that requires more time than I initially thought,” Pérez said in an interview with Televisa network. “I think giving a specific number (of years) is difficult, but it won’t be much longer.” The 36-year-old Pérez missed last season when Red Bull dropped him, but returned with Cadillac as it made its debut in the top category. His best results this season are a pair of 14th-place finishes. In addition, he has retired from five races due to various issues. “People who understand Formula 1 know the level I am driving at. It brought me great satisfaction to prove to myself that the circumstances of recent years were what kept me from showing my full talent,” he added. Cadillac, which also has Valtteri Bottas driving for the team, is bottom of the constructors’ championship, having yet to score a single point. “I’m aware that we are much closer to the end than the beginning, but that’s why I want to fully enjoy these Grands Prix — they are a dream,” Pérez said. Pérez explained that a key reason for considering retirement is wanting to spend more time with his wife, Carola Martínez, and their four children. “What really holds me back (from continuing) is my kids. I would love to stay as long as Fernando (Alonso), for example, but my children are at an age where I want to be around more,” he added. For now, Pérez is gearing up to compete in the United States Grand Prix later this week before heading to his home race, the Mexican Grand Prix, where he will reach 300 Formula 1 starts. “I’m excited about projects outside of motorsport,” he said. “I want to finish my time in Formula 1 on a high note, and all I can say is that we will know when (I retire) soon.”