Property Insurance Coverage Law

JANUARY 18, 2025

Millions of Americans have faced an escalating crisis with their homeowners insurance. Premiums have soared, and coverage options have dwindled, leaving countless families vulnerable to financial ruin. The recent Dr. Phil Primetime episode, The Shocking Truth Behind Rising Insurance Rates, exposed the systemic issues driving this crisis, highlighting personal stories of loss and struggle.

Policyholder 279

Policyholder Premium Property Insurance Insurance 279

Insurance Journal

JANUARY 24, 2025

The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on insured losses, total economic losses damages, credit ratingsand lately worrying outlooks for the effect of the fires on insurance rates.

Damage 290

Damage Insurance Insurer Insured 290

The Property Insurance Law Observer

JANUARY 23, 2025

In the recent decision Marquez v. Clear Blue Specialty Insurance Company , No. 6:23-cv-2025-ACC-DCI, 2024 U.S. Dist. LEXIS 219390 (M.D. Fla. Dec. 4, 2024), the U.S. District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss.

Damage 130

Damage Insurance Insurer Insured 130

Central Insurance

JANUARY 23, 2025

Protect your business with the right lawn care insurance. Learn about essential coverage options to manage risks and keep your operations running smoothly. The post Lawn Care Insurance: The Top Risks in Your Field and the Policies to Protect Against Them appeared first on Central Insurance Blog.

Protection 130

Protection Policy Risk Insurance 130

Advertiser: Trellis

Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor

Insurance Claim

Property Insurance Coverage Law

JANUARY 22, 2025

I am snowed in after taking the deposition of a 1099 temporary claims adjuster in South Carolina. Much of his testimony has me thinking about the plight of the modern independent claims adjuster doing catastrophe work. During his deposition, the independent catastrophe adjuster said he had asked to have his claims load reduced. Management did … The post Are Catastrophe Claims Adjusters Being Overworked, Provided Too Many Losses to Properly Handle, Provided Wrong Directions to Adjust Losses

Claim 203

Claim Property Insurance Insurance Insurer 203

Solstice Insurance Broker

JANUARY 23, 2025

Annual open enrollment (AEP) is here. It's that whirlwind period when individuals and families evaluate their healthcare options. It is a task that often feels like traversing a maze. As an insurance broker, you can be the compass your clients need. You can guide them through the healthcare marketplace with expertise and a personalized touch. So, let's dive deeper and explore how you can make this journey not just manageable, but successful.

Out-Of-Pocket 100

Out-Of-Pocket Broker Insurance Broker Deductible 100

Central Insurance

JANUARY 20, 2025

Discover how excavation contractor insurance protects your business from risks like property damage, liability, and equipment loss. The post Excavation Contractor Insurance: Five Policies You Need to Protect Your Business appeared first on Central Insurance Blog.

Protection 130

Protection Policy Property Damage Liability 130

Property Insurance Coverage Law

JANUARY 23, 2025

When navigating contested property insurance claims, insured parties may receive a request from their insurer for an Examination Under Oath (EUO). An examination under oath is exactly what it sounds like. It is a formal proceeding, not unlike a deposition, where an insured is required to answer questions under oath about their insurance claim. The … The post Examinations Under Oath in New York Property Insurance Claims appeared first on Property Insurance Coverage Law Blog.

Property Insurance 203

Property Insurance Insurance Claim Claim Insurance 203

Insurance Journal

JANUARY 21, 2025

While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion.

Insurance 279

Insurance Insurer Insured 279

Frankenmuth Insurance

JANUARY 23, 2025

Workplace safety helps protect employees, profits, and operations. Thats why it should always be top of mind. Start following these five workplace safety tips now. Develop a safety plan. A well-defined safety plan lays the foundation for a secure workplace. Start by assessing potential hazards in each department and outlining safety measures tailored to specific roles and risks.

Risk 90

Risk Agents Injury Insurance Agents 90

AMAXX

JANUARY 21, 2025

In the complex world of workers’ compensation, achieving optimal outcomes for injured workers requires a blend of precision, consistency, and empathy. One of the most effective tools in this endeavor is the use of Injury Duration Guidelines. These guidelines, rooted in evidence-based medicine and industry standards, are essential for ensuring fair, efficient, and transparent processes for all stakeholders.

Workers Comp 98

Workers Comp Injury Workers Compensation Compensation 98

Property Insurance Coverage Law

JANUARY 19, 2025

I always try to keep an open mind when I am told something and I do not think it is right based on experience. Two public adjusters sent me articles saying California is a valued policy law state.California is not a valued policy law state. California has a valued policy law for valued policies. The … The post California is Not a Valued Policy Law StateCalifornia Has a Valued Policy Law for Valued Policies appeared first on Property Insurance Coverage Law Blog.

Policy 202

Policy Property Insurance Insurance Insurer 202

Insurance Journal

JANUARY 22, 2025

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S.

Insurance 277

Insurance Insurer Insured Casualty Insurance 277

LexisNexis

JANUARY 23, 2025

In-house legal professionals are entering 2025 with an expectation that the year will bring challenges they can anticipate, as well as a host of headaches that are unexpected right now. They are considering strategy involving not only technology-enabled business trends to manage, but also a new president taking office for the next four years. The start of any administration in Washington means regulatory change as the incoming team tries to enact the new presidents agenda, reported Legal Dive.

Risk 97

Risk Protection Liability Policy 97

Insurance Marine News

JANUARY 23, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Gard adds new risks to product offering in Japan appeared first on Insurance Marine News.

Risk 105

Risk Marine Insurance Insurer 105

Property Insurance Coverage Law

JANUARY 24, 2025

Journalist Jack Healy of the New York Times wrote an article,Their Homes Are Intact, but the Fire Damage Inside Is Unbearable. Healy accompanied wildfire victims back to their homes after the event. In one case, he noted the following: As soon as an evacuation order was lifted in her neighborhood, Arlynn Page raced back to … The post California Smoke Soot and Ash ClaimsA Cause for Concern appeared first on Property Insurance Coverage Law Blog.

Claim 203

Claim Property Insurance Damage Insurance 203

Insurance Journal

JANUARY 21, 2025

New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co.

Insurance Industry 278

Insurance Industry Insurance Insurer Insured 278

Splash: Finance and Insurance

JANUARY 22, 2025

Omans state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering.

Insurance 111

Insurance Insured Insurer 111

Insurance Marine News

JANUARY 23, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Yemens port infrastructure badly damaged in recent attacks appeared first on Insurance Marine News.

Damage 105

Damage Marine Insurance Insurer 105

Property Insurance Coverage Law

JANUARY 22, 2025

I am snowed in after taking the deposition of a 1099 temporary claims adjuster in South Carolina. Much of his testimony has me thinking about the plight of the modern independent claims adjuster doing catastrophe work. During his deposition, the independent catastrophe adjuster said he had asked to have his claims load reduced. Management did … The post Are Catastrophe Claims Adjusters Being Overworked, Provided Too Many Losses to Properly Handle, Provided Wrong Directions to Adjust Losses

Claim 188

Claim Property Insurance Insurance Insurer 188

Insurance Journal

JANUARY 23, 2025

Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California.

Property Insurance 264

Property Insurance Insurance Insurer Insured 264

Relation

JANUARY 22, 2025

As a vineyard owner, safeguarding your crops against unforeseen events is crucial. The Federal Crop Insurance deadline is fast approaching on January 31, with coverage commencing on February 1. This insurance is essential for protecting your vineyard from potential losses due to natural disasters, pests, or diseases. What’s new in Crop Insurance for 2025: Enhanced […] The post Protect Your Vineyard: Federal Crop Insurance Deadline appeared first on Relation Insurance.

Protection 98

Protection Insurance Insurer Insured 98

Insurance Marine News

JANUARY 23, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post India expands Russian insurers pool appeared first on Insurance Marine News.

Insurance 103

Insurance Insurer Insured Marine 103

Property Insurance Coverage Law

JANUARY 20, 2025

As a follow-up to yesterdays post, California is Not a Valued Policy Law StateCalifornia Has a Valued Policy Law for Valued Policies, it is instructive to understand the underlying reasons why valued policy laws were made. State legislators enacted valued policy laws in the late 19th century with significant debate.The insurance industry was dead set … The post History of The Valued Policy LawsInsurers Threatening to and Leaving Markets is Nothing New appeared first on Property Insurance C

Policy 203

Policy Property Insurance Insurance Industry Insurance 203

Insurance Journal

JANUARY 24, 2025

According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last yearand American Family Insurance topped a list of 10 insurers ranked by average rate change.

Premium 263

Premium Insurance Insurer Insured 263

Splash: Finance and Insurance

JANUARY 22, 2025

Norwegian OSV owner and operator Havila Shipping is disputing allegations of default that have been made by three different banks. As part of Havila’s restructuring deal, three banks and bondholders had planned to have their debt settled by the end of 2024.

Insurance 103

Insurance Insured Insurer 103

Insurance Marine News

JANUARY 20, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Spain says no official document prepared on heavy load carrier accident appeared first on Insurance Marine News.

Marine 103

Marine Insurance Insurer Insured 103

The Insurance Pro

JANUARY 22, 2025

There are so many questions about what taxes one must pay on life insurance proceeds. But one that we get a lot is, do you pay taxes on life insurance payout? The subject can be a bit intimidating for a lot of people so we decided to put together a quick reference guide on how. Keep Reading The post Do You Pay Taxes on Life Insurance Payout? appeared first on The Insurance Pro Blog.

Life Insurance 97

Life Insurance Insurance Insurer Insured 97

Insurance Journal

JANUARY 22, 2025

After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections of their roof membranes peeled back like blankets on a beach, exposing the buildings to water intrusion.

Building 264

Building Commercial Property Insurance Claim 264

Relation

JANUARY 22, 2025

As a vineyard owner, safeguarding your crops against unforeseen events is crucial. The Federal Crop Insurance deadline is fast approaching on January 31, with coverage commencing on February 1. This insurance is essential for protecting your vineyard from potential losses due to natural disasters, pests, or diseases. What’s new in Crop Insurance for 2025: Enhanced […] The post Protect Your Vineyard: Federal Crop Insurance Deadline Approaching appeared first on Relation Insurance.

Protection 98

Protection Insurance Insurer Insured 98

Insurance Marine News

JANUARY 20, 2025

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Commercial activity beginning to resume at Syrian port appeared first on Insurance Marine News.

Commercial 102

Commercial Marine Insurance Insurer 102

The Insurance Pro

JANUARY 19, 2025

Life insurance loans, particularly from whole or universal life policies, offer a flexible solution for cash flow fluctuations. The process involves checking available cash value, determining the loan amount, requesting the loan, and repaying it without a fixed schedule or penalties. Interest rates vary by policy and insurer, and loan terms are generally straightforward.

Life Insurance 98

Life Insurance Insurance Insurer Insured 98

Insurance Journal

JANUARY 22, 2025

New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between $28 billion and $35 billion, which includes losses to the California FAIR Plan.

Insurance 264

Insurance Insurer Insured Damage 264