Recent changes in insurance laws have made a big impact on handling bad faith insurance claims. The design of these new rules protects policyholders by making sure insurance companies act fairly. Stricter rules for insurance companies The new regulations set higher...
Insurance Law
Do you need earthquake insurance in California?
Earthquake insurance is a worthwhile consideration for California homeowners. While standard homeowners insurance policies typically cover risks like fire, theft and wind damage, they usually do not include earthquake damage. Given California's position along the...
Emerging trends in data breach claims
As technology evolves, so do the threats to digital security. In California, one of the nation's technology hubs, the landscape of cyber insurance and data breach claims is rapidly changing. Cyber threats are growing more sophisticated and widespread, affecting...
How new wildfire insurance rules affect high-risk homeowners
Wildfires are a significant concern for many homeowners in California, especially those living in high-risk areas. Changes to wildfire insurance regulations can have a big impact on these homeowners. Changes in wildfire insurance regulations California's wildfire...
Understanding insurance delay causes and solutions
Insurance delays can cause policyholders anxiety and confusion. These delays occur at critical times, like a natural disaster or a personal loss. It is vital to understand the root cause of these delays and what steps you may take to minimize them. Causes of insurance...
How to respond to privacy violations by your insurance company
Insurance companies handle sensitive personal information, making it important for them to manage data with care. When they fail to protect your privacy, it can lead to serious concerns and the potential misuse of your personal details. Understanding how to respond to...
Recognizing signs of bad faith for insurance policyholders
Insurance policies should provide peace of mind and financial protection in times of need. However, some insurance companies may act in bad faith, leaving policyholders vulnerable and at risk. Recognizing signs of bad faith can help policyholders protect their rights...
Strategies for detecting and preventing insurance fraud
Insurance fraud is a big problem that costs everyone money. It can be as simple as exaggerating claims or as complex as staging accidents. To fight fraud, insurance companies must understand its various forms and the common signs that a claim may be fraudulent....
When can an insurer deny a business’s property damage claim?
When a business faces property damage, filing a claim with its insurer is often the first step to recovering losses. However, there are instances when insurers may deny such claims, leaving business owners puzzled and frustrated. Understanding the circumstances under...
A guide to good faith in insurance
Insurance offers protection against all sorts of events. It requires contracts to ensure the insurer and the insured have certain rights and obligations. The term "good faith" often accompanies conversations about insurance coverage. Understanding this concept is key...