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State Farm VP Apologizes to Homeowner While Allstate Exec Gets Grilled at U.S. Senate Hearing

Insurance Journal

It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and policyholders who spoke at a recent U.S. Senate hearing …

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State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing

Insurance Journal

It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent years. It’s also major national insurers, including Allstate and State Farm, adjusters and policyholders alleged at a U.S. Senate hearing …

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State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing

Insurance Journal

It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent years. It’s also major national insurers, including Allstate and State Farm, adjusters and policyholders alleged at a U.S. Senate hearing …

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How Automatic Water Shut-off Systems Can Help Homeowners Avoid Costly Water Damage

Scott Insurance

Water damage, one of the leading and most costly causes of property damage in the U.S., However, many homeowners are unaware of one simple solution that can prevent damage, save them money and give them peace of mind. Often, water damage inside the home is caused by leaks in the plumbing system.

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Why Are Personal Auto Insurance Rates Increasing?

Scott Insurance

Increased Volume and Cost of Auto Claims Your personal auto insurance is designed to pay for the costs that may be incurred due to an accident (property damage/repairs, medical costs). Therefore, if the costs associated with an accident increase, insurance premiums will follow suit. appeared first on Scott Insurance.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

Distinguished

Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Vandalism : Intentional damage to the job site by third parties, including things like broken glass or graffiti. Property damage : Damages to the building that is being constructed or renovated.

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E&O vs. EPLI: What Coverage Do Your Clients Need?

ProWriters

E&O typically covers claims related to professional services resulting in financial harm to a client, while Professional Liability covers a wider range of claims, such as bodily injury or property damage. An EPLI policy also offers guidance and resources to businesses.