I have recently been hearing about many people reading Marie Kondo’s #1 New York Times bestselling book, The Life-Changing Magic of Tidying Up, and the Netflix show “Tidying Up With Marie Kondo.”… Continue Reading
All too often, policyholders contact us when their residential or commercial carriers send a notice that they will no longer provide insurance coverage. It is critically important that all insureds understand the major difference between an insurance company canceling a current policy and a notice of non-renewal. Every policyholder should carefully study any written notifications … Continue Reading
It’s already happening – business interruption claims are getting denied a mere three weeks after Super Storm Sandy ravaged the Northeast. Running a business is not an easy feat. Business owners paid premiums to protect their hard earned profits and getting a denial letter from an insurance company they’ve probably had for years may be … Continue Reading
It probably won’t surprise you to learn that 2011 was a record year for natural disasters in the U.S. According to the Insurance Information Institute (the “I.I.I.”), insurance companies will pay more than $32 billion in claims to help people rebuild homes and businesses damaged or destroyed by natural disasters in 2011, a record year … Continue Reading
Dr. Robert Hartwig and the Insurance Information Institute (III) do an excellent job providing timely information regarding insurance topics. A recent story on insurance coverage for nuclear accidents is an example. As a result of the current catastrophe in Japan, I have been asked by a number of individuals about property insurance coverage in the event of … Continue Reading
One of my TWIA slab case clients was very happy about the proposed resolution of her claim. Her tone changed when she mentioned that TWIA raising rates five percent. I have often felt that our elected leaders are in a no-win situation when the people electing them to office hold a noose over their neck … Continue Reading
In a local television news report in New Orleans and one yesterday in Tampa, I explained the need for policyholders in coastal areas to purchase flood insurance. The problem is that flood insurance is getting harder to find and more expensive to purchase.… Continue Reading
The economic slowdown has many concerned about job security. This is also happening in the insurance claims business. Bob Hartwig, President of the Insurance Information Institute, gave a speech at the Property Insurance Loss Research Bureau Annual Claims Conference explaining that there has been a sharp decline in the amount of claims positions, as indicated in a … Continue Reading
