January 6, 2022
  • January 6, 2022

Monthly Archives: February 2021

Rising business property insurance rates

by on February 25, 2021 0
A silver lining in the E&S market is that outside money is starting to see the sector’s profit-producing potential, which should translate into more capacity coming from insurance-related securities, RPS reported. (Credit: John Disney / ALM) For the first half of 2021, commercial property insurance rates are expected to drop from 10% to 15%,... Read More

Relief for business disruption due to COVID-19?

by on February 19, 2021 0
Can Business Interruption Insurance Help Businesses Affected by the Pandemic? Companies have looked for different ways to stay afloat. Some have sought the help available from the federal government, such as through the Payroll Protection Program. Government relief has generally been designed to help cover salaries and other business expenses. Businesses have been forced... Read More

Florida Consumers “Astonished” by Hikes in Property Insurance Rates

by on February 12, 2021 0
Florida real estate insurers are raising double-digit percentage rates, attributing the increases to lingering damage from past hurricanes, a wave of litigation and a law that encourages attorneys to sue by allowing courts to award them costs important. Rate increases in Florida, the third-largest property insurance market among US states, are the highest in... Read More

Legislation proposed to ‘stabilize’ property insurance would reduce roof coverage for more than 10 years

by on February 5, 2021 0
Instead of getting “replacement cost” coverage, insurers could offer “true cost” policies for older roofs. by: Shannon Behnken Posted: February 5, 2021 / 6:40 PM EST / Update: February 9, 2021 / 9:18 AM EST TAMPA, Fla. (WFLA) – Homeowners in Florida are starting to see results as insurance companies take drastic action to... Read More