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Weather Losses in U.S. Exceed $1 Billion in January for Insurers

The latest Global Catastrophe Recap report reveals that multiple severe weather outbreak. The latest Global Catastrophe Recap report from London-based Aon Benfield reveals that multiple severe weather outbreaks during January in the United States killed 27 people and caused economic losses of more the $1 billion. Insured losses were in the hundreds of millions of …

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Woosley Fire: What to do if my homeowner’s insurance coverage is dropped?

In the event that you live in a locale jeopardized by ongoing fires and you get a notice of nonrenewal from your home insurance agency, you’ll have 45 days to seek for alternative coverage. Because you’ve been dropped by one insurance agency doesn’t mean you won’t have the capacity to seek for coverage from another. …

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Cyber Insurance: The Basics of Coverage

In observance of “Cyber Monday”, a trusted counsel for Fidens Insurance Brokers, Annmarie Giblin Esq. provides an overview of cyber insurance coverage that answers: Who needs cyber insurance? What should companies do before buying a cyber insurance policy? How a cyber policy interacts with professional liability? Matthew Magner, a Senior Underwriting Officer with Chubb Professional, …

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