An article in today’s Insurance Journal is headlined – “A.M. Best Sees $12 Billion P/C Insurance Underwriting Loss for 2018.” This article has a great headline for insurance companies but the content paints a much better picture for consumers. Case in point, the article says that A.M. Best expects the P/C industry to generate pre-tax … Continue reading When the Insurance Industry Has an Underwriting Loss What Does that Mean for You?
Hopefully Hurricane Florence weakens and has a minimal impact on the East Coast of the United States, but if we are not so lucky I wanted to share some coverages that you might have available in your property policy that will help mitigate the financial loss. Debris Removal – often this has a sub-limit but … Continue reading Hurricane Florence – Property Insurance Tips
I got a lot of great feedback on my post about protecting yourself from Black Swan events, but numerous people asked me to better define what a Black Swan was and to provide some examples. A Black Swan is simply an event that you never could have predicted that causes catastrophic damage. Even when something … Continue reading What is a Black Swan Event?