The Aftermath of Hurricane Ida
On August 29, 2021, exactly 16 years following Hurricane Katrina, the Category 4 hurricane known as Ida reached landfall in Louisiana. Ida claimed 116 lives, including 96 in the United States.
In a recent statement, Risk Management Services Inc. estimates insureds will likely file $25-$35 billion in claims, which does not include the northeastern U.S. th...
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About The Aftermath of Hurricane Ida
How the COVID-19 Pandemic has Affected Auto Insurance Rates
Authored by Sara Weathers
Automobile insurance costs are rising, but it's still a good market for consumers looking to purchase it. In 2020, the amount of driving consumers did dramatically decrease compared to prior years. Because of this, auto insurers had to refund $14 billion worth of premiums.
According to an article on CNBC.com, auto insurance rat...
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About How the COVID-19 Pandemic has Affected Auto Insurance Rates
How to Avoid Fraudulent Contractors
Authored by Sara Weathers
Natural disasters create openings for fraudulent contractors to prey on homeowners that may have just lost everything. These scams can happen when homeowners are already at their most vulnerable and usually begin with a contractor showing up at their door, making promises about what they can fix, and asking to be paid upfront. Af...
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About How to Avoid Fraudulent Contractors
The Risk Posed to Property Owners by California Wildfires
Authored by Sara Weathers
California Governor Gavin Newsom recently released the state budget, only allocating $2 billion to wildfire costs. With the amount of destruction caused by wildfires in California in previous years, and with there being more than 700 wildfires in California from January to June in 2021 alone, this number could be considered low....
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About The Risk Posed to Property Owners by California Wildfires
Four Types of Insurance to Consider During Hurricane Season
Authored by: Sara Weathers
It’s peak hurricane season and property insurance is a necessity this time of year. With the prices of construction materials and labor staying inflated due to COVID-19, it’s imperative that property owners communicate with their insurance consultants to ensure all their coverages are up to date.
In a recent interview with Bet...
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About Four Types of Insurance to Consider During Hurricane Season
