You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance ...

Rate hearings are usually scheduled when insurance companies file for increases of 15% or more. In 2024, however, a hearing ...

CheapInsurance.com reports a rise in home insurance policy cancellations due to climate-related risks, increasing costs, and ...

Optional additions to your rental property insurance. The coverage provided by rental property insurance will vary by insurer, and coverage that is standard with one insurer may be optional or ...

For example, if you are a contractor who moves tools and equipment to different worksites, inland marine insurance covers your business property while it is on your work truck and being ...

The burden of proof typically falls on the insurance company, so they have to prove the cause of the damage was something they explicitly exclude in their policy.. How much coverage do you have for ...

For example, if your business gets sued for $900,000 and your general liability limits are $500,000, umbrella insurance would cover the $400,000 shortfall. Contractor’s tools and equipment insurance ...

In Florida the open records law doesn't apply to any insurance firm under state observation for financial soundness or ...

Recent examples of fraud reported this month by state-owned Citizens Property Insurance Corp. include a May arrest of a public adjuster, Yoel Sainz Fraga, in Miami, accused of offering an elderly ...

For example, when Citizens Property Insurance Corp. underprices risk, or when state regulators restrict private insurers from charging actuarially sound rates, we may enjoy temporary relief.

We need to allow insurance pricing to reflect exposure to risk and to continue offering mitigation grants to strengthen homes ...

This is yet another example of how state legislators have made it more challenging to hold the insurance industry accountable and, in some cases, allowed companies to leave the state altogether.