California Insurance Rules: A Guaranteed Win for Homeowners
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. SB 876 requires carriers to offer 50% extended replacement cost. State claims data suggest the bigger problem sits in the rebuild estimate underneath it Read Full Article on […]
Essential Guide: Calculate Your Perfect Home Insurance
Direct answer You generally need enough coverage to equal the total replacement cost of your home, which depends on local construction labor rates and material costs rather than your property’s market value. It depends on whether you choose actual cash value coverage, which accounts for depreciation, or replacement cost coverage, which pays to rebuild the […]
Is Your Home Actually Protected From Flood Damage?
Direct answer No, standard home insurance policies typically exclude flood damage, which requires a separate policy through the National Flood Insurance Program or a private insurer. Standard policy language definitions regarding water damage and exclusions from national insurance regulatory bodies. For additional information about how standard policies treat water-related perils, see the National Association of […]
Secure Your Reliable Fortified Roof With New Insurer Rules
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. The Kentucky insurance commissioner is reminding property insurers they have just three weeks to resubmit homeowner policy endorsements that comply with state law on coverage for Fortified roofs. […]
Expert Guide: Stop Hidden Data Centre Cyber Risks Now
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. S&P Global Ratings, a global provider of credit ratings, research and analysis, says cyber risks linked to data centres are increasing but remain underrecognised. In a new report […]
Essential Shifts Transforming Personal Lines Market Strategy
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. In it’s latest report Personal Lines Success: To Grow, Specialise or Retreat? Insurance and reinsurance advisory firm Stonybrook Capital & Risk Management says the Personal Lines market is […]