New California legislation taking effect on Jan. 1, 2023, will impact insurer obligations in various areas. The legislation covers fingerprinting, licensing disclosures, education mandates, and insurance fraud reporting. How might this legislation impact consumers in...
The law does not require businesses or individuals to take measures to prevent all foreseeable harm to customers. For example, an insurance agent needs only provide coverage that a client requests and does not have to anticipate every need. However, courts around the...
Some California residents decide to move out of their homes while holding on to their property, or perhaps they just want to spend a few weeks in another state. However, this might cause a problem if your home suffers damage and you want to file a homeowners’...
No entrepreneur wants to think about the possibility of their business literally going up in flames. However, the possibility of wildfires and simple accidents forces you into a position in which you must think about how to protect your business interest in case of a...
The purpose of homeowners' insurance is to provide you with a safety net should a disaster happen. While the process is typically straightforward, there are some common reasons you could receive a denial. Thankfully, you can often avoid them. Lack of documentation As...
When you have a California insurance policy in place, it may give you peace of mind that you are not going to face financial failure in the event of a serious accident or injury. Yet, insurance companies are for-profit entities, and they generate money by collecting...
Because you are a responsible homeowner, you are never late with your insurance premiums. This is true even though your insurance costs have climbed steadily over the past decade. Now that you need your insurance company to come through, you expect it to act quickly....
Nearly every homeowner pays for a homeowner insurance policy. Such policies tend to cover certain types of damage to the home and the surrounding property. Some even cover the costs of certain lawsuits that follow accidents. However, insurance companies and homeowners...
A state appeals court ruled that ConAgra cannot secure insurance to cover a share of their approximately $102 million settlement over the use of toxic lead paint. The California state law's decision denies defendants using insurance liability for losses that result...
Property owners in California want to have the ability to insure their homes and businesses at affordable rates. This protects their assets in the case of storms and fires and other unpredictable disasters. In Florida, the home insurance industry faces serious...