Insuring Jewelry: Homeowners, Personal Articles Floater or Standalone Policy
Jewlery is a popular gift for Valentine’s Day. Make sure your client’s new investment is protected no matter what.
Personal Lines
Breeze Launches Paid Parental Leave Insurance
The length of parental leave covered can be between 6 and 16 weeks, and the percentage of salary to be replaced during leave can be 50%-100%.
Auto Shopping and Switching at 2-Year High
As 40% of consumers saw their rates increase, carrier ad spending has decreased and telematics adoption has stabilized after an initial surge, according to a J.D. Power report.
Only 2% of California Homeowners Have Flood Insurance
As the recent string of storms and flooding on the West Coast have likely hit property owners with unmitigated costs, many Americans mistakenly believe they are covered against floods, according to Neptune Flood.
Court Reverses Geico Order to Pay $5.2 Million to Passenger Who Caught STD in Car
The Missouri Supreme Court ruled that, because the insurer was not given the opportunity to intervene in the case before judgement was entered, the earlier court ruling should be vacated.
4 Steps to Make Sure Homeowners Have the Right Type of Insurance
Over half (59%) of homeowners are concerned their insurance coverage is insufficient due to inflation and rising replacement costs.
From The Front Lines: Personal Auto
“Rising claim costs have led to rate increases around the country,” says independent agent Kyle Fox. “This is due to both the increased cost of manufacturing complex parts and the technical specialization needed to service and repair them.”
Can HO6 Loss Assessment Coverage Be Applied to Condo Owners’ Deductibles?
A senior living condo community in Florida with a homeowners association (HOA) increased its hurricane deductible to 5% and passed the deductible back to the individual owners, who are now responsible for the roofs.
How Economic and Social Inflation Are Plaguing Commercial Auto Insurance
A recession, coupled with the numerous other challenges facing the commercial auto insurance market, will certainly create additional headaches for the commercial auto industry.
Affordable Property Insurance in Southeast Impacted by 2022 Natural Catastrophes
As losses from natural disasters in the Southeast continue to mount, there is uncertainty about how a hardening property insurance market and a tight reinsurance market will react.
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