In Florida, car insurance is a must-have for drivers, with residents required to maintain a minimum of $10,000 in personal injury protection (PIP) and $10,000 in property damage liability. Whether you rely on I-4 or I-95 for your daily commute, it’s important to ensure you’re properly covered while on the road. According to Bankrate data,…
Category: Insurance
General Liability Insurance Guide: How To Protect Your Business
General liability insurance is a business insurance policy offering coverage for damage to another’s property or person. It’s also known as “business liability insurance.” It may be purchased as part of a more comprehensive business owner’s policy (BOP) or as a separate plan. How does general liability insurance work? General liability insurance works much like…
How To Get Business Insurance in 5 Clear Steps
Buying insurance is complicated for most people, no matter what the policy type might be. But it can be especially difficult when it comes to business insurance. To get the right policy at the most affordable premium, you’ll need to know how to get business insurance. For that reason, we’ve prepared this guide for how…
Insurers beware: no guaranteed privilege in legal correspondence
October 17, 2023 – The recent New York federal district court decision, Cadaret Grant & Co. v. Great Am. Ins. Co., 2023 WL 4740184 (July 25, 2023), highlights an ongoing issue regarding the privileges and discoverability of documents exchanged between an insurance company and its coverage counsel. This article will first look at the history…
Don’t Drop Your High-Priced Car Insurance; Try These Strategies For Lowering Rat…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. As car insurance premiums skyrocket, more and more drivers are opting to drop their policies. Saving hundreds of dollars in premiums per month sounds appealing, but from a financial—and legal—perspective, that risky decision could…
Review business insurance policies with an agent to minimize rising costs
Listen to this article When it comes to insurance, overall costs to businesses continue to rise. U.S. commercial insurance rates continued to increase at slightly more than 6% in the second quarter of 2023 according to WTW’s Commercial Lines Insurance Pricing Survey. All lines saw rate increases except workers’ compensation, directors’ and officers’ liability, and…
Halifax business owner still knee-deep in insurance red tape after summer flood
Open this photo in gallery: John Connors’s collectible sneakers outlet in Halifax sustained damages following an extreme-weather flood this summer. He is waiting to find out its impact on his insurance premiums.Meghan Tansey Whitton Nova Scotia continues to count the costs after torrential rains and flash floods inundated the province on July 22, claiming three…
The Evolution Of The Insurance Tech Stack
Cofounder/CTO at Vymo. Alum Columbia University & BITS, Pilani. getty As the CTO of a SaaS enterprise that works with global insurance companies, I know that most of them are undergoing tech transformations to various extents. The case for a technology rehaul is strong: •Some of the existing insurance tech systems are legacy •Technology is…