article thumbnail

New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Injury claim severity in the state is slightly higher than in the rest of the country. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. Data indicates that litigation costs have become a pervasive concern for risk management.

article thumbnail

Bad day for driver

Rough Notes

INSURANCE-RELATEDCOURTCASES Digested from case reports published online Bad day for driver In 2018, Marcus Fear was involved in a rear-end collision for which he was not at fault. As a result of the accident, he suffered injuries and received medical treatment. With […]

Injury 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mold: Impacts on the Affordable Housing Industry

Scott Insurance

While insurance coverage is typically relied upon for many property-related losses, there remains a disconnect about how mold claims are often handled by the insurance industry. Risk Management Considerations There are many factors that come into play when considering the environmental conditions that lead to the growth of mold.

article thumbnail

Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

What is Homeowners Insurance? Homeowners insurance is a crucial financial safety net for homeowners, providing protection in the event of property damage, loss of personal belongings, or liability for injuries that occur on the premises.

article thumbnail

JIF 2024: What’s In a Name? When It Comes to Legal System Abuse, A Lot

Triple-I: Homeowners Insurance

Opaque, ill-defined language empowers predatory “ billboard attorneys ” to define these terms themselves, contributing to pervasive policyholder distrust, said Jeff Sauls, Farmers Insurance head of legislative affairs.

article thumbnail

Tips for Buying Home Insurance

Bankers Insurance

In most cases, home insurance policies include personal liability coverage. Homeowners can submit a claim if they are at fault for another party’s losses, such as bodily injuries and property damage. Reduce liability risks. Explore discounts.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0