This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40 million to $53 million), according to figures provided by Israel’s tax authority, making it the costliest since the start of …
How do insuranceclaims work when your home has already been damaged once? A recent Florida Office of Insurance Regulation (OIR) Bulletin clarifies how insurers must handle claims for multiple hurricanes. But what happens when two hurricanes strike in the same season?
The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insuranceclaims payments to repair the property. RL New Brunswick Owner LLC, …
Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insuranceclaims this year after many vineyards lost their entire harvest to heavy frosts. While mild temperatures earlier in the year helped shoots to develop sooner, …
With multiple hurricanes rocking Florida and other parts of the Southeast this year, claims professionals have said they are seeing a trend toward “soft fraud,” with more policyholders attempting to include older or unrelated damage in recent storm claims, and …
This post highlights an agent’s binding authority under Michigan law and discusses important insurance principles concerning the “completed-loss” and “loss-in-progress” doctrines.
iink, a provider of technology to streamline the property damageinsuranceclaims process and support faster payments to contractors, property owners, and claim professionals, is pleased to announce the appointment of Scott Fleszar as its new Chief Executive Officer. Mr. …
Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers. “Early assessments suggest wind-related physical damage (is) not as extensive as initially feared,” …
Consequential damages play a significant role in both contract law and insuranceclaims, but they operate under different frameworks and have distinct implications depending on the context. Consequential damages in contract law are indirect, foreseeable losses that result from a breach of contract.
A North Carolina woman is set for a court appearance later this month after she was charged with filing a claim on her deceased mom’s house – for damage that occurred before the insurance policy was purchased. Cindy Ramzi Hanna, …
When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to be the result of storm surge and flooding losses that aren’t covered by most homeowners’ policies. But after Hurricane …
June 24, 2024) offers valuable lessons for policyholders regarding the importance of cooperation in the insuranceclaims process. In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana. The ruling in Marcantel emphasizes the importance of cooperation in the insuranceclaims process.
Liberty Mutual Insurance Company , the U.S. Court of Appeals reviewed a summary judgment ruling in favor of co-defendant West American Insurance Company (“West American”), issued by the U.S. The 6th Circuit held that the property policy’s cosmetic damage exclusion applied to bar coverage because the insured, J&S Welding, Inc.
Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability.
During the conference it was appropriate to acknowledge and present 10 year service awards to Caroline Stevens from LMI Forensics and Georg Froeschl from LMI Claims. Special thanks to Ben Szczerbinski from CGU Claims who stepped in at very short notice when one of our insurer presenters took ill with COVID.
Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?
AP) — A combination of severe hurricane damage to Tropicana Field and political delays on financing means it is highly unlikely the Tampa Bay Rays’ planned new stadium will be ready for the 2028 season, if at … PETERSBURG, Fla. (AP)
In the recent decision Universal Property & Casualty Insurance Co. The court emphasized that under both the insurance policy’s plain language and Florida Statute §627.7011(3)(a), payment of replacement cost value is contingent upon the actual completion of repairs. in damages. in damages.
When a NJ disaster strikes, whether it’s a fire, storm, or burglary, your home and belongings can suffer significant damage. This Bogle Agency Insurance blog post will guide you through the necessary steps to take after a disaster strikes and how to navigate the home insuranceclaims process smoothly.
Shield Insurance Blog | Small InsuranceClaims | Contact Our Sales Team! Small InsuranceClaims Can Raise Premiums Small insuranceclaims, such as those for minor property damage, may seem like a hassle to deal with. Claims History Another factor to consider is your claims history.
Last week, a severe thunderstorm unleashed massive hailstones in Alberta, Canada, damaging dozens of cars and unleashing potentially record-breaking hailstones the size of grapefruits. In that case, a hotel filed a lawsuit against its insurer for refusing to cover hail-related roof damage under a commercial property insurance policy.
However, amidst the excitement, it's crucial to undertake precautions to avoid common pitfalls that could lead to home insuranceclaims. This can lead to significant water damage, a common cause of home insuranceclaims. This can lead to significant water damage, a common cause of home insuranceclaims.
A federal court recently held that an insurer could not deny coverage under a homeowner’s policy based upon the failure of the named insured’s son, an “insured person,” to submit to an examination under oath (“EUO”). Allstate Vehicle and Property Insurance Company , Civil Action No. In Michelle Adeola v. 23-cv-4643 (E.D.
We realize that not everyone lives and breathes insurance everyday like we do, so we like to take some time now and then to explain some "Insurance 101" items to ensure clients are as educated as possible when it comes to making decisions on insurance. This option may make sense if your loss is significant (over $10,000).
TGS Insurance Blog Imagine youve found your dream home. What if that charming house has a history of costly water damage, roof issues, or even fire damage? This is where a loss history report comes inits like a propertys report card for past insuranceclaims. But what if theres more to the story?
Understanding how much car insuranceclaims typically cost involves taking a look at the complicated world of car insurance, where many things can affect the numbers. Freeway Insurance is a company well known for making sure that drivers across the United States have good insurance coverage.
New Legislation Means Many California Drivers Will Need More Coverage in 2025 Now that 2025 is here, many California drivers will face another significant auto insurance rate increase. Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide. is $2,388*.
Home insurance serves as a safety net when unforeseen circumstances occur. If your home has recently been burglarized and you have home insurance, you might wonder if your policy can assist in the recovery process. Does Home Insurance Provide Coverage for Burglary? Need assistance with filing a home insuranceclaim?
Insurance policies that provide broad coverage across multiple items or locations can be a policyholder’s best friend. A recent federal court decision in Louisiana 1 highlights the complexities in determining whether a policy provides blanket or scheduled coverage – a distinction that can significantly impact claim payments.
When winter weather rolls into town, that means one thing for homeowners: an increased risk of weather-related damage. To limit the impact of harsh, freezing temperatures and blustering blizzards, its important to understand some basic snow home maintenance to avoid having to make a costly homeowners insuranceclaim.
While the perception of overall severe weather risks varies significantly by region, 65 percent of the participants nationwide believed their home is at risk from thunderstorms, according to the new report, Catastrophic Weather Events and Mitigation: Survey of Homeowners by the Insurance Research Council (IRC), a division of The Institutes.
Let’s talk about something that’s been a game-changer for the insurers today e-signatures. Today We’re talking about a technology that’s revolutionizing the way insurers do business, making life easier for both you and your clients. Insurers are always looking for ways to work faster and better.
Top Building Insurance Pitfalls Here are some common pitfalls to avoid when getting building insurance in the UK: – Underinsuring. Insure your building at the amount that it will cost to rebuild it and not at the current market value when securing block of flats insurance. – Not considering inflation.
Shield Insurance Agency Blog | Collision Coverage | Auto Insurance | Start A Quote Today! Michigan is a state with unique auto insurance requirements that can sometimes be confusing to navigate. Standard Collision Coverage Standard collision coverage is the most basic form of collision insurance available in Michigan.
Offering The Best Coverage Bogle Agency Insurance of Lyndhurst NJ offers Chubb Masterpiece Auto Preference automobile insurance to NJ drivers. This is the broadest automobile insurance coverage available in NJ. If a damaged vehicle cannot be repaired, Chubb covers you for a total loss.
How to file a claim. In the event of a loss or damage, filing an insuranceclaim quickly and correctly can make a big difference. Familiarize yourself with the claims process by reviewing your insurance providers policies, forms, and requirements. The post 7 things every small business owner should know.
Residential upgrades that are conducted on your land or in your home may require additional residential insurance coverage. Then, adjust your insurance policy accordingly. Your residential insurance policy can list the items you invest in. The insurance coverage will protect against unforeseen damage and theft.
Understanding Commercial Flood Insurance in the United Kingdom Flooding has become an increasingly significant risk for businesses across the United Kingdom as climate change intensifies weather extremes. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.
Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.
Learn about discovery and coverage issues and cases involving damages to construction projects and the ways to prove who was at fault. Read now » Related Content Design and Construction Defect Claims: Overview and Defense Strategies Discover the basics of a defect claim against a designer or contractor.
Dive deep into our growing collection of Practical Guidance content addressing insurance bad faith. Bad Faith: First- and Third-Party Standards State Law Survey Get guidance from coverage expert Randy Maniloff on insurance coverage issues in the states widely varying standards of first- and third-party bad faith.
Introduction Navigating the world of commercial insurance can feel a bit like wandering through a maze, with myths lurking around every corner. In this blog, we’ve set out to debunk some of the most common insurance myths. In this blog, we’ve set out to debunk some of the most common insurance myths.
In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insuranceclaims a year, suffered a ransomware attack. HIPAA breaches can also damage a healthcare organization’s reputation. A damaged reputation leads to broken trust, lost customers, and decreased revenue.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content