Water damage can occur for a variety of reasons. Excess water in your home can come from pipes that burst or start to leak in your …
What are some benefits of a Chubb Masterpiece Policy?
What are some benefits of a Chubb Masterpiece Policy? Their definition of “Reconstruction Cost” means the lesser of the amount required at the time of …
Hicks Vs American Integrity Insurance Company
Why is the recent 2018 partial summary judgement in Hicks vs. American Integrity Insurance Company of Florida so important? Many policies in Florida have language …
Extensive Water Damage
Water damage can occur for a variety of reasons. Excess water in your home can come from pipes that burst or start to leak in …
Glossary of Insurance Terms
GLOSSARY OF KEY INSURANCE TERMS This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business. New terms will …
Lloyd’s of London
Lloyd’s of London – association offering membership in various syndicates of wealthy individuals organized for the purpose of writing insurance for a particular hazard.
What is an incurred loss?
Incurred Losses – sustained losses, paid or not, during a specified time period. Incurred losses are typically found by combining losses paid during the period plus …
What is a Foreign Insurer?
Foreign Insurer – an insurance company selling policies in a state other than the state in which they are incorporated or domiciled.
Farmers Insurance?
Farm Owners Insurance – farmowners insurance sold for personal, family or household purposes. This package policy is similar to a homeowners policy, in that it has …
Federal Flood Insurance?
Federal Flood Insurance – coverage for qualifying residents and businesses in flood prone regions through the National Flood Insurance Act, a federally subsidized flood insurance program …