Lassen, founder of The Lassen Law Firm and a specialist in life insurance litigation, told The Wall Street Journal on May 17, that insurers often cite policy ambiguities, outdated paperwork, or administrative procedures to justify delays. He said that beneficiaries are sometimes left waiting for months under the impression that their claims are being reviewed, while in reality, critical deadlines may be passing.
Road trips are a timeless way to explore new places, spend quality time with loved ones, and create lasting memories. But before hitting the open road, it’s important to make sure you’re prepared for anything that might come your way. From pre-trip vehicle checks to understanding your insurance coverage, a little planning goes a long…
Senate Bill 1643 would mandate regulatory approval for any proposed rate adjustment, whether an increase or decrease, exceeding 10%. If the commissioner does not act within 30 days, the rate would take effect automatically, unless it involves an increase of 10% or more. Source link
In 2024, roof repair and replacement costs totaled nearly $31 billion, a 30% increase since 2022. Roof-related claims represented over a quarter of all residential claim value, with wind and hail as the primary drivers. These two perils accounted for more than half of residential claims and non-catastrophic wind and hail claims have risen from…
