As many employees shift to working from home in an attempt to flatten the COVID-19 curve, employers could see an increase in workers compensation claims according to industry experts. “We’re probably going to see more claims,” said Jeffrey Smagacz, Nashville-based ergonomics practice leader for Marsh LLC said in a recent Business Insurance article. Employers should […]
Mortgage rates have hit a record low after the US Federal Reserve drop rates to help combat the economic impact from the spread of the coronavirus. This can be a good time to consider refinancing to a lower rate and taking advantage of the savings a cheaper interest rate can provide. Recently, the average interest […]
According to the J.D. Power 2020 U.S. Property Claims Satisfaction Study, customer satisfaction with the homeowners insurance claim process has hit a record high after years of improvements over the last decade. The claims process is an important component of the homeowners insurance experience and if it goes badly it can result in an unhappy […]
Another sign of Florida’s troubled property insurance market popped up this week as Windhaven Insurance alerted employees and agents that it is winding down and its assets are being foreclosed on by their lender who will eventually sell the company to another insurer. Windhaven’s problems extend beyond Florida, Windhaven National Insurance Co. which is a […]
Over the last 50 years, homeowners in Florida that needed a flood insurance policy had only one real options, purchasing coverage from the federal National Flood Insurance Program (NFIP). Florida residents were a big supporter of the NFIP, accounting for over a third of the policies being sold. However, due to changing flood maps, more […]
Homeowners in Florida may be in for a price increase in 2020, despite the fact that lawmakers passed an assignment of benefits reform bill las year. Insurers are requesting major price increases this year, it looks like the prediction of higher insurance rates after Hurricane Irma is finally here. Executives from National Specialty Insurance Co., […]
Florida’s property insurance market hit a new snag this month as tens of thousands of people will be shifted to a different insurance company in the spring due to the insurers financial trouble. Insurance regulators announced on Monday that they had reached an agreement to move 43,000 policyholders from Anchor Property and Casualty Insurance Co. […]
Great example of a walk-in pantry with butcher block countertops in an updated home in San Diego, California Whenever you purchase a home there are always going to be tradeoffs and choices that have to be made between what you want your home to look like and include as well as what you can affordable […]
North End of Palm Beach, Florida, aerial view of the inlet and what locals call Peanut Island, and the Port of Palm Beach If you live in South Florida and are not carrying flood insurance, you may be required to change that soon. The Federal Emergency Management Agency (FEMA) is currently changing flood maps for […]
Texas homeowners are finding out that their home warranty may not be there when they need it the most. According to a recent Click2Houston.com article, Houston resident Jena Goetz learned a hard lesson about home warranties when her air conditioner system went out last summer. The repairman sent by the warranty company claimed she needed […]