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A summary of grants issued by the state of California for the investigation of fraud statewide.
A copy of the FloodFlash Parametric Insurance policy form.
Falsifying policies, impersonating businesses and pocketing premiums gets your license revoked.
A broker is caught diverting premiums to his bank account instead of paying for coverage for insureds.
It marks the largest insurance reform in California in nearly 35 years.
A new regulation in California requires insurers to develop pricing that includes discounts for certain wildfire mitigation efforts.
This is the thirdd in a series of articles analyzing the FloodFlash parametric flood insurance policy available now in California, Texas, Louisiana, Florida and Virginia. This article discusses the making a claim, other party at fault, and cancellation sections of the policy.
A summary of the ISO Circular for April 15, 2024. Circulars provide a wide variety of information from form changes to rules, loss costs, experience reviews and other information.
The policy required a written notice be sent to the insurer's claims department, but the insured emailed notice to the insurer's underwriting division. This led to less than satisfactory consequences for the insured.
This is the fourth and final in a series of articles analyzing the FloodFlash parametric flood insurance policy available now in California, Texas, Louisiana, Florida and Virginia. This article discusses the what isn't covered, service of suit, law and jurisdiction, and making a complaint sections of the policy.