Berkshire Hathaway GUARD Insurance Cos. announced it will no longer write certain classes of homeowners’ risks. In a notice sent to GUARD agencies at the end of June, the carrier stated it would no longer accept new submissions for homeowners coverage for any property...
Independent agents have relationships with various insurance carriers. Each carrier has its own set of tools and resources to help agents educate their clients about what will happen when they file a claim—before, during and after. By working together, agents and...
The short answer: Bigger profits! (For the long answer, keep reading below.) It’s no surprise that many homeowners start as renters first. There’s a logical progression to it. Well, according to recent research,[1] renters who move on to home ownership don’t move on...
With spring underway, bringing large amounts of rain and snowmelt, it’s more important than ever that agents are doing their best to educate homeowners about flood insurance. Recent data from the Federal Emergency Management Agency indicates that the U.S. has...
The New York state Senate passed A.9284-A on May 10, 2022, with a 49-13 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by...
Did you know that the Federal Emergency Management Agency’s substantial damage rule applies to any building damage … not just flood damage? That’s right, even common homeowners policy perils such as wind, fire and/or water damage could trigger the requirement for a...
The weather in March may come in like a lion and out like a lamb. But legislatively, March ended with a mighty roar as two of PIANJ’s priority bills passed the state Senate recently, both with 37-0 votes. Liquor liability insurance Legislation (S-775) sponsored by...
The New York state Assembly passed A.9284-A on March 30, 2022, with a 114-32 vote. This bill—sponsored by Assemblymember Deborah J. Glick, D-66—would be a chapter amendment to the 2021 dog breed law. It would close a loophole in the current law by prohibiting insurers...
Each summer, meteorologists watch the weather over the Atlantic Ocean carefully for any signs of hurricanes forming and they determine if the storm gets big enough to earn a name. While the Oxford Learner’s Dictionary defines a hurricane as, “violent storm with very...
Typically, solar panels represent a sizable financial investment. As an insurance agent, you naturally want to provide your clients with all the information they need to protect that investment properly. Whether homeowners enlist qualified installers or install their...