When you purchase an insurance policy, you expect security and peace of mind. However, there are instances where the insurance company may decide to rescind your policy. Policy rescission is a formal revocation or cancellation of your insurance coverage. Understanding...
Vandalism can be a significant headache for any business, including hotels. When property damage occurs due to vandalism, it can lead to unexpected expenses and disruptions to operations. One question that often arises in such situations is whether a hotel can rely on...
In the fast-paced world of technology, data is the lifeblood of an IT company. Losing valuable data due to unforeseen disasters, such as a fire, can be catastrophic. Having comprehensive insurance in place can be the lifeline that helps the company resume operations...
When powerful winds strike, the damage can be severe for homeowners and business owners. Assessing the damage and navigating the insurance claims process can be daunting tasks. If you sustain property damage due to high winds, you might understandably wonder if your...
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...