insurance coverage News

ES Risks & FocusPoint International Announce New Solution with Certain Underwriters at Lloyd’s of London to Provide World Class Response Under ‘Crisis Bulwark’ Facility

London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be known as ‘Crisis Bulwark’. Crisis Bulwark …

Wolf Administration Warns Pennsylvania Businesses Defying Shutdown Order

The administration of Pennsylvania Governor Tom Wolf issued a warning Monday to businesses that choose to open in defiance of the pandemic shutdown, saying they could be jeopardizing their insurance coverage. With several counties in open rebellion against Wolf’s restrictions …

Vermont Farm Loses 2K Chicken and Turkeys in Flooding, Estimates $60K Loss

A Vermont farmer says he lost more than 2,000 chickens and turkeys when last week’s flood waters inundated their Richmond farm. Bruce Hennessey, of Maple Wind Farm, says they had moved the animals to higher ground prior to the storm …

Nearly $185K Spent to Fight Fire at Iconic New Jersey Paper Mill

Officials say a New Jersey borough spent nearly $185,000 fighting a blaze that destroyed a landmark paper plant and toppled its iconic sign earlier this year, but they believe insurance will cover most if not all of that amount. The …

Vermont School District Says $50K Stolen Electronically

A Vermont school district says $50,000 was stolen electronically from one of its bank accounts. Cindy Brownell, the board chair of the Pownal Elementary School District, says officials believe the theft occurred from outside the country, but they don’t know …

Five Things Homeowners Need to Know About Finished Basements

This post is part of a series sponsored by CoreLogic. 1. Does a Finished Basement Increase a Home’s Value? It depends on your definition of “value”. If we’re talking about market value—which is generally the price a buyer is willing …

California Commissioner Says Insurers Should Cover Mudslide if Fire Was Cause

California Insurance Commissioner Dave Jones today issued a formal notice to all property/casualty insurers reminding them of their duty to cover damages from the recent mudslide and debris flows if it is determined that the burning of hillsides and vegetation …

Statewide Municipal Group in Vermont May End Town’s Insurance Coverage

The Vermont League of Cities and Towns is considering defeat for the town of Victory, Vt. The Caledonian-Record reports two of Victory’s selectmen were sent a letter from the nonprofit that provides insurance to municipal governments, explaining the town was …

Ex-Officer in New Jersey May be Spared Prison Terms for Insurance Fraud

A former police officer who fraudulently claimed his half-sister was his wife as part of an insurance fraud scheme to get coverage for her and her son will be allowed to a pre-trial program. The charges against Alix Antoine could …

Pennsylvania Insurance Commissioner Offers Advice for Winter Storm Damage

Pennsylvania Insurance Commissioner Teresa Miller is offering tips to consumers whose home or automobile may have sustained damage from this week’s winter storm, according to a press release issued by the Pennsylvania Department of Insurance. “Most standard homeowners’ insurance policies …