Flood Damage – A Rising Problem
According to climate.gov, 2023 brought record climate and weather-related disasters to the United States. In all, 28 such events each caused at least $1 billion in damage, with the total exceeding $92.9 billion. Results for 2024 will be even more severe, with estimated losses from Hurricanes Helene and Milton reaching $50 billion each.
Battery Do’s and Don’ts
Batteries are a ubiquitous part of everyday life – powering everything from flashlights to electronic devices and now even bicycles and cars. According to www.des.nh.gov, the average household in the United States has 20-60 batteries at any given time.
Loss Assessment Coverage Tips
Properties with shared ownership, such as homeowner and residential and commercial condominium associations, pose special challenges for unit owners and their insurance companies.
Home Generator Safety
Power outages can happen at any time, but they are especially dangerous during cold weather.
Drug Crisis Impact Increases
The United States is currently experiencing the worst drug crisis in its history, believed by many to have been exacerbated by pandemic lockdowns and increased trafficking at our borders (cfr.org).
Certificate of Insurance Concerns
Certificates of insurance (COI) are often a source of headaches for insurance agents and producers. Mishandling of certificate requests can lead to an errors and omissions exposure for the agent.
Avoiding Holiday Scams
The hustle and bustle of the holiday season is upon us. Unfortunately, con artists are also out in full force.
Hot Tub Hazards
While hot tubs, saunas, spas, and whirlpool or jacuzzi baths can be fun and relaxing, there are also hazards. According to the Consumer Product Safety Commission (CPSC), hot tub accidents are the cause of over 300 deaths per year in the United States.
Thinking Intelligently About AI and Insurance
In early 2023, artificial intelligence, “AI,” became a hot topic of discussion. AI, sometimes called machine learning, is made possible by having sufficient data to train the models that AI is based on. However, AI is not new–it has actually been around since the 1950s. Prior to 1949, computers lacked the programming for intelligence and […]
Pool Rental Considerations
Summertime brings thoughts of swim parties and barbecues. Pools are costly to maintain, and frequently underutilized. Advancements in technology have allowed owners to match up with potential renters, earning income from allowing others to use their pools.