D&O insurance, also known as directors’ and officers’ liability insurance, forms part of the broader management liability insurance category. This type of insurance aims to protect the directors and officers of a company or organization, and often also the organization itself, in case legal action is brought against one or more insured parties for alleged …Read More
Flexible Underwriting – The Benefits of Working With An Independent Insurance Agent
Not all homeowners realize the differences between using a ‘captive’ insurance agent who only works for one specific company and an independent insurance agent who can look for the best deal from a variety of insurance companies. This article examines the benefits of independent insurance agents in more detail. Quotes From a Variety of Insurance …Read More
The Rising Cost of Home Insurance
According to III (the Insurance Information Institute), the average cost of home insurance increased to a record high of $1,398 last year. This, of course, placed an added burden on homeowners who were already struggling with inflation. Below we analyze the reasons for the situation and explain what a homeowner can do about it. Why …Read More
The Rising Cost of Everything
If you’ve had a car repaired recently, you may have noticed that your bill was higher than usual. The same goes for rental cars. Many companies are charging higher fees to rent a vehicle, which of course adds to your costs if you need to rent a car while yours is in the shop. Why …Read More
My Neighbor’s Tree Fell on My Garden Shed – Whose Insurance Pays?
Imagine you’ve been involved in a car accident. Insurance information gets exchanged and claims get filed, but how do insurance companies determine who pays for what? The simple answer is that it just depends on the circumstances. Liability Claims If you are involved in an accident, the other party may file a claim with your …Read More
