This post is part of a series sponsored by CoreLogic. California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years later, state regulators, utility companies, and insurers are …
This post is part of a series sponsored by CoreLogic. Most people understand that the goal of a homeowner’s policy is to restore a home and possessions to the way they were should a catastrophic (CAT) event, such as a …
A good friend and colleague forwarded me a press release written and sent out by a public adjusting company. Since I was wondering what to write about this week, I’m truly grateful for the article, but when I read it, …
If you’re like me and my family, you might need a little reminder of where we are in the calendar year. Thanksgiving is this week in the U.S. That’s your reminder. You’re welcome. By now, you’ve stopping thinking about insurance, …
When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …
A federal judge has ruled that an insurance company is obligated to defend the ex-wife of serial political candidate Richard Korn in a defamation lawsuit he filed against her. Liberty Mutual argued that a homeowner’s policy it issued to Magda …
An insurance company is asking a federal judge in Delaware to declare that it’s not obligated to defend the ex-wife of serial political candidate Richard Korn against his defamation lawsuit. Liberty Mutual argues in a complaint filed Monday that a …
Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied home. Optional personal liability coverage and the ability to …
ANE, Agency Network Exchange, has formed an agreement with Hyundai Marine & Fire Insurance Co. that gives its members direct access to Hyundai’s new homeowners insurance product. ANE and its member agents collaborated with Hyundai to develop this product, which …
Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit …
