How Home Improvement Projects Impact Homeowners Policies March 8, 2021 By Jim Hyatt Over the past year, the COVID-19 pandemic had us spending more time inside our homes than normal. Staring at the...
Logic & Language and Forms & Facts: Preventing Coverage Gaps March 8, 2021 By Bill Wilson This column began in 2019 when I wrote a year-long series of articles based on my book “When Words Collide:...
Many States Lack Flood Risk Disclosure Laws for Homebuyers March 8, 2021 Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks...
P/C Insurance Challenges for 2021 Look Much Like 2020’s, Says AM Best March 8, 2021 The U.S. property/casualty insurance (P/C) industry could experience dejà vu in 2021 in terms of financial results. Many factors that...
Florida’s Citizens Insurance Makes Drastic Rate Changes to Stem Flood of New Policies February 22, 2021 After holding off on approving its 2021 rates in December, Citizens Property Insurance Corporation’s Board of Governors approved rate recommendations...
Most Small Businesses Lost Sales Due to Pandemic: Fed Survey February 22, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest February 22, 2021 By Don Jergler In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines...
Over $115M in Federal Flood Claims Paid in Louisiana After 2020 Hurricanes February 22, 2021 As of Feb. 1, the National Flood Insurance Program (NFIP) had paid out more than $115 million in flood claims...
SLA-Cal Officers and Board Members for 2021 February 22, 2021 Officers: Terri Moran, Chair–Paul Hanson Partners Janet Beaver, Vice Chair–Tokio Marine-HCC Casualty Group Rich Gobler, Secretary/Treasurer–Burns & Wilcox Robert Gilbert,...
Tesla to Offer Auto Insurance Program in Texas February 22, 2021 Not only is Tesla moving some manufacturing operations to Austin, Texas, its founder, Elon Musk, is said to be relocating...