• STATE FAIR PLANS

    STATE FAIR PLANS State-by-State Summary of Coverages   Summary : FAIR plans were devised as a way to enable residents and businesses in urban areas to have access to insurance. FAIR plans came into being as early as 1960 to enable those with the greatest exposure to fire to purchase...

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  • NATIONAL FLOOD INSURANCE PROGRAM

    NATIONAL FLOOD INSURANCE PROGRAM An Overview Summary: The National Flood Insurance Program (NFIP), created by the National Flood Insurance Act (NFIA) of 1968 and administered by the Federal Emergency Management Agency (FEMA), was put in place to provide flood insurance to eligible insureds....

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  • THE TRUTH ABOUT LIABILITY INSURANCE AND GUNS

    THE TRUTH ABOUT LIABILITY INSURANCE AND GUNS As the nation reels from yet another school shooting, calls for gun control or arming more people with guns abound. There are also calls for requiring gun owners to have liability insurance; unfortunately, it is not that easy.  No insurance policy...

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  • EARLY PAYOUT AND FAILURE TO PRESERVE RIGHTS WILL LEAVE CARRIER SOLELY RESPONSIBLE

    EARLY PAYOUT AND FAILURE TO PRESERVE RIGHTS WILL LEAVE CARRIER SOLELY RESPONSIBLE The United States District Court for the Southern District of Florida has decided that when an insurer fails to assert rights against another insurer prior to agreeing to provide coverage for a defamation...

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  • The Aftermath of Wildfires

    The Aftermath of Wildfires California and other western states suffered historically severe wildfires following years of significant drought. Estimates of damage for California alone were $9.4 billion as of early December 2017 and that figure is destined to rise as all damages are finally...

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  • THE RETURN OF BED BUGS

    THE RETURN OF BED BUGS When we first wrote about bed bugs in 2010, it started as a lark on a slow afternoon. Since then, the creatures have developed into an epidemic infestation. The mere mention of bed bugs strikes fear in the hearts of old and young alike. No one wants to be exposed to these...

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  • NFIP Gets a Band-aid

    NFIP Gets a Band-aid The House and the Senate have both passed the disaster relief package that extends the NFIP until December 8, 2017. The package was developed in response to the catastrophic damage wrought by Hurricane Harvey in Texas. The extension will allow payments to be made to those...

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  • California Fires and Homeowners Loss of Use

    California Fires and Homeowners Loss of Use There have been numerous wildfires in the northwest part of the country this year. Currently California is experiencing severe and devastating wildfires. The insurance department has issued advisories for claims adjusters as to how regulations change...

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  • What if NFIP is Not Renewed Friday?

    What if NFIP is Not Renewed Friday? The NFIP was up for renewal in September and renewal was pushed back to December 8. Then it was pushed back to December 22, which is Friday. It is not looking like anything will happen to extend it by Friday. So what happens to coverage? FEMA has issued...

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  • When Fire and Insects do Not Mix

    When Fire and Insects do Not Mix In the movie Live and Let Die, James Bond discovers what we assume is a poisonous snake in the bathroom. He dispatches it with the lit end of a cigar and an aerosol can, leaving the snake dead on the floor. Unfortunately, we all can't be James Bond. At the end of...

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  • Preventing Theft During the Holiday Season

    Preventing Theft During the Holiday Season They're making a list and checking it twice – and we don't mean Santa. Burglars know that the holiday season means its prime time for them to stock up on some goodies of their own. They plan ahead to take advantage of unsuspecting individuals who are...

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