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"Homeowners Insurance"
“We’re going to cut a lot of red tape,” President Trump said at a CEO town hall meeting as he unrolled a long, colorful flow chart showing the process required for a state government to obtain the federal permits necessary to build a highway. The chart outlined 16 different approvals, 29 statutes and five executive orders that apply to a single project. He highlighted that infrastructure approvals are a 10- to 20-year process and cost hundreds of millions of dollars. Continue reading
It is time to Celebrate American and our independence this year. Part of many Americans celebration will be lighting Fire Works. Are you prepared for the risk involved with this time less celebration of our country’s freedom? Consider the following safety checklist before you light anything this coming holiday. Continue reading
As more bots handle claims and perform underwriting tasks, should human employees be concerned? Human industry experts say there’s no need to worry. Continue reading
A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. Continue reading
Understanding insurance can be tricky especially when it comes to understanding the wording in your policy. A insurance policy is a contact between the policy holder and the insurance company providing the insured, insurance. A few common sections of a policy include a declaration page, definitions, insuring agreement, exclusions, conditions, exclusions, and riders. Continue reading
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: Liability in Focus identifies defective product or work, crash and human error incidents as the largest causes of liability loss for businesses, based on analysis of insurance claims. Continue reading
(Bloomberg) — The potential for terrorists to pack small consumer drones with explosives or to use them as weapons has become a “tangible reality” in the U.S. that keeps security teams awake at night, two officials said. Continue reading
A new report released by The Hartford highlights the 100 U.S. cities with the highest home fire risk. According to The Hartford Home Fire Index, the top five cities are: Continue reading
