In an era dominated by digital transactions and information exchange, the risk of a data breach is a constant concern for businesses. For California businesses, where stringent data protection laws exist, the aftermath of a breach can be particularly challenging....
Climate disasters and regulatory changes have caused upheaval in California's insurance industry. As a result, residents are experiencing a myriad of challenges when it comes to insurance. Several issues are leaving Californians feeling less protected and less...
In an October 30 decision by the U.S. Ninth Circuit Court of Appeals, Vizio, Inc. lost an opportunity to obtain insurance coverage for a $17 million settlement of consumer class action lawsuits because it failed to request its excess insurer’s consent before agreeing...
In recent news, the California Department of Insurance settled cases with Go Maps and their underwriter, Topa Insurance Company. Go Maps is an "insurtech" company that utilized an app-based platform to sell and manage insurance through Topa. These apps make it easier...
Recently four of California's largest insurers curtailed new home insurance applications, sending shockwaves through the state. As of late 2022, some companies ceased accepting applications, while while others reduced policy-writing efforts or are working to implement...
California is known for its diverse landscapes and climate extremes. Here, if your property is located in high-risk areas, especially those susceptible to wildfires, you will likely pay substantially more for insurance coverage. Unfortunately, these policies...
Telehealth has found a place in our society amid the COVID-19 pandemic. With this, health institutions are slowly adopting digital technologies as a norm in providing health services. Statistics also show that the global digital health market may grow 25% from 2019 to...
As climate change brings more uncertainty, the surge in natural disasters is orchestrating more than just environmental changes – it's hitting us where it hurts the most: our wallets. The unpredictability of these events is reshaping financial landscapes, particularly...
When your business is damaged by a storm, fire, theft or other calamity, you should notify the insurance company that provides your company's commercial property insurance policy right away. Don't wait. The policy requires that you report the loss "as soon as...
In 2021, California had the largest, most destructive fires than any other state with more than 2.2 million acres burned in 9,280 fires, and 2023 has already seen 2,251 wildfires. Unfortunately, these wildfires do not just stay in wildlands. They often impact...