Insurance Journal
NOVEMBER 13, 2024
North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the deal were not disclosed. Established in 1985, Felsen is based in Denville, …
Insurance Journal
AUGUST 8, 2024
Despite the dangers and expense associated with living in high-risk areas, large numbers of people are still moving to parts of America most impacted by wildfires, flooding and extreme heat. According to a new report from real estate company Redfin, …
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The Property Insurance Law Observer
MARCH 12, 2024
The claim included the cost to replace various appliances, and an additional $1,310 for the value of other stolen personal property, including certain tools and clothing. After investigating, Allstate denied coverage, invoking the policy’s vandalism exclusion and increased risk provision. Citing to Allemand v.
Wren Insurance Agency
JANUARY 22, 2025
The good news is that, according to Mark Frielander with the Insurance Information Institute (video interview link here: Could California wildfires impact Florida home insurance rates? ), carriers assume their own risks in each state and have different subsidiaries as a result.
American Agents Alliance
JANUARY 11, 2025
The recent Eaton and Palisades fires in the greater Los Angeles area are evidence of the increasingly prevalent wildfire risk in California. In addition to helping with remediation and claims efforts, there are larger opportunities to help foster resilience in local communities in the face of increasing wildfire risk.
TGS
SEPTEMBER 6, 2023
Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance. However, your insurance carrier may offer an endorsement, such as a builders risk policy, to bridge the gap in your coverage.
Protect Commercial Insurance
NOVEMBER 1, 2024
Unlike standard home insurance, which is tailored for owner-occupied homes, landlord insurance is crafted to address risks associated with renting out your property. Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks.
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