In the latest edition of Insurance Business TV, join Daniel Mogelnicki, of Westfield Specialty, as he examines the state of the E&O and MPL market. In this interview he delves into the specific opportunities in MPL classes, and offers tips for brokers operating in the space.
Nicole Maccalla, an Altadena resident, was among the first to experience the frustration of navigating insurance claims. Her home suffered significant damage from embers, leaving it filled with soot, ash, and debris. Despite initially being told by USAA that contamination testing would be covered, Maccalla’s claim was later denied. Source link
For a personalized premium calculation and detailed benefit illustration of LIC’s Jeevan Labh 736, download the Smart – All In One Calculator Android app. This app provides: ✔ Instant premium calculations based on your age, term, and sum assured ✔ Maturity benefit estimation with bonuses and final addition bonus ✔ Comparison of different policy terms…
This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the landscape consumers are feeling the pinch of their insurance carriers in both Commercial and Personal Insurance. There are many factors that are continuing to drive…
The bill, sponsored by Assemblymember Lisa Calderon (D-District 56), would authorize the California FAIR Plan to access additional financial capacity through the issuance of bonds or the establishment of a line of credit. The legislation follows a recent $1 billion assessment issued by the FAIR Plan. Source link
Senate Bill 2339 would prohibit courts from holding utilities strictly liable for damages caused by wildfires. Instead, utilities could use voluntarily created wildfire mitigation plans as proof that they took reasonable steps to prevent fires. These plans would need to outline high-risk service areas, vegetation management strategies, and wildfire response procedures. Source link
Andy Shelton, of Brown & Brown, gives his market overview of the US workers’ compensation insurance landscape. He discusses the market’s recent favorable conditions, the classification of workers as independent contractors, shifts in workforce demographics and more. Source link
