Ryan Specialty, Marsh, Global Aerospace strengthen leadership across key sectors

For example, if someone with a homeowners policy liability limit of $300,000 is found responsible for $1 million in damages due to an accident on their property, their homeowners’ policy might cover part of the damages, but the remaining $700,000 could fall on the policyholder unless umbrella coverage is in place. Mercury’s umbrella insurance helps…

Downgrades have fallen but upgrades are rising Source link

Regular inspection: Check for droppings, chewed wires or nesting materials. [2] 2. Clean the RV exterior Routine cleaning can prevent the accumulation of dust, mud, and other harmful substances that could lead to potentially costly repairs. This is particularly important for the roof of your RV, which should be inspected and cleaned before storing. Also,…

Hippo’s response to wildfire threats Hippo said that it has been expanding partnerships with housing developers to provide homeowners’ insurance, particularly in states like California, where McCathron said it serves as the company’s primary source of new business. The insurer currently has access to about 120,000 new dwellings nationwide, with continued quarterly growth.  Source link

3. Discovery sanctions Chenevert also sought attorneys’ fees and costs as sanctions, arguing that Allstate’s discovery objections were improper. However, under Rule 37 of the Federal Rules of Civil Procedure, Whitehurst declined to impose sanctions, noting that while the court partially overruled Allstate’s objections, there was no clear evidence of bad faith in the discovery…

Sensational media claims, as politicians blame insurers Source link