Yearly Archives: 2022

Looking to stabilize market, Senate passes property insurance overhaul

After nearly five hours of discussion and debate, the Senate on Tuesday passed a bill with major changes to property insurance laws. The bill (SB 2A) contains provisions designed to bolster a beleaguered market. But critics allege the measure...

What damages are covered by homeowners insurance?

A home is one of the largest investments you’ll make in your lifetime. To protect this investment, mortgage lenders require homeowners to purchase a minimum level of insurance. Your standard homeowners insurance policy protects not only your home...

8 Things Your Car Insurance Probably Doesn’t Cover

Image source: Getty Images Chances are your car insurance doesn't cover what you think it does. Key points If a driver has made any customizations or modifications to their car, their car insurance policy may not cover them.If a driver plans...

Florida Legislature opens special session on property insurance

Proposals being considered will encourage homeowners to use state-backed Citizens as last resort againSome changes will make suing more expensive and more complicated for homeownersA bill would offer tax relief to people with homes damaged by Hurricane Ian...

biBERK Business Insurance Provides Insight on Differences of a Business Owners Policy and General Liability Insurance

A business owners policy (or BOP) and a general liability policy have many things in common. For example, they both provide protection from financial liability for many types of incidents. This includes accidental damage to customer property and...

Florida Lawmakers Debate Proposals to Save Cratering Homeowners Insurance Market – Commercial Observer

Florida lawmakers convened Monday for a special legislative session in a bid to rescue the state’s crumbling home insurance market. A slew of insurance companies are near bankruptcy after years of losses, and after two hurricanes hit the Sunshine...
spot_img

latest articles