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Changes have occurred at the California Fair Plan (CFP) and they couldn’t have come at a worse time. The changes at CFP have actually been ongoing but the major one occurred last year when they changed the portal that insurance agents use to quote and place fire policies. CFP, if you are a homeowner and have been on..... click on link to read full article Article by: Marc Cuniberti . . . #changes #CFP #california #californiafairplan #usa #USAToday #money #moneymindset #moneymatters #moneymanagement #moneysavingtips #moneymaker #CorporateHippieConnection #kerrytalk https://lnkd.in/dKwCaXxs

As off-campus housing continues to grow, so does the risk of burglary and theft. Unfortunately, students living off-campus are a prime target due to the high-value electronics they own. At #ePremium, we understand how important it is for #students to feel secure in their living spaces, which is why we offer #rentersinsurance coverage. Our policies can help protect students' belongings and provide peace of mind to parents. For more information call 904.803.8682 #StudentHousing #Insurance #ePremium

Insurance Costs are F'ing crazy! Here is how I avoided a $7,200 increase this year (Coastal North Carolina). 1. We started by attacking the values.. The insurance carriers increased the valuation of our buildings. Nice! Not really...Replacement costs were raised to $223 per square foot. Personally, I think I could re-build for cheaper. We were able to get it back down to it's original value. 2. We increased our deductible. We carry 3-5 months of (full) operating expenses in reserves anyways. This was a no brainer for us. Obviously, if you don't have cash in the bank - don't do this. *Bonus! We were able to lock in this policy for 5 years. I had no idea "that was a thing!"

New Post: No one likes shopping for home or auto insurance. Here are tips to make saving less onerous. - https://lnkd.in/gymGBCbw - Shopping around for insurance has always been essential to finding the best deal and having the right coverage for unexpected emergencies. But as the costs to repair and replace possessions continue to rise — and the prevalence of extreme weather also increases — choosing an insurance carrier and coverage has become an even more important decision. - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp

This is great to see. More to follow, watch this space. Policy Expert Trinity Claims R&Q Insurance Holdings Ltd Financial Conduct Authority Financial Ombudsman Service https://lnkd.in/exKKDNdv #homeinsurance #consumerduty #vulnerablecustomers #abi #associationofbritishinsurers Jo Gideon MP Rishi Sunak

ALERT-The FDIC final regulations will, as of April 1, 2024, change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable trust the same for determining the limits on insurance. Soon, accounts held by trust may be insured by the FDIC for up to $1,250,000, rather than the $250,000 limit on individual accounts. Under the new rules, revocable and irrevocable trusts are treated the same – the funds are insured up to $250,000 per beneficiary per FDIC insured bank. The total insured is limited to five beneficiaries, or $1,250,000, but all grantors are also covered up to $250,000.

Thanks to #AmWINS for sharing insights on #ClaimsInflation. #EconomicTrends and #SocietalShifts are major drivers behind #increased #Settlement #Costs. #JudicialHellHoles are known issues and #HotSpots for #NuclearVerdicts. #RiskManagement is crucial, but #TortReform is essential to address underlying issues contributing to #claims #inflation. #Comments are requested. -rb #MCIEF #TRS l Transtar Insurance Brokers, Inc. l #TruckInsurance

Commonwealth Land Title is proud to be a part of the FNF family of companies. In the dynamic landscape of the title insurance industry, FNF showcases financial strength and longevity. As the largest title insurance underwriter in the U.S., FNF continues to lead the market, set industry standards, and pioneer innovative solutions. Take a look at some of the numbers from our Full Year financial report.  #FNF #FNFFamily #companyfinancials #financialreport #titleindustry #realestateindustry

Florida insurers contend that the state's matching statute has been misused to inflate the loss payments of minor damage homeowners’ claims by stifling carriers' ability to facilitate repair in instances where a reasonable match could be identified. Gen Re Claims Executives Jonathan Nieman and Nick Ciabattoni explain what's happening. https://lnkd.in/eC3As9BZ #PropertyInsurance #PropertyUnderwriting

In 2023, many associations have faced unexpected expenses - skyrocketing insurance premiums, unanticipated repair costs, increased labor costs, and more. Financial strain has forced some boards to consider the prospect of levying a special assessment, many for the first time in the history of their communities. Check out our tips and strategies to maximize the chances of membership approval. https://bit.ly/SpAssmts