A quick update from Bill Wilson’s blog on the new ISO Homeowner’s program debuting next year.
InSurOp-Ed: Using “Big Data” to Make Unilateral Policy Coverage Changes
Bill Wilson’s latest take on the rise of Big Data in insurance and the potential coverage issues its use can cause unsuspecting insureds.
InsurOp-Ed: Time to Make Government Action Exclusions More Equitable?
If your car is stolen and not recovered for months or longer, your auto policy likely pays for the ACV of your vehicle. However, if the thief commits a crime and your auto is confiscated for the months or longer required to try the case, your loss is excluded. Property policies have similar “government action” exclusions. Is it time for a change?
InsurOp-Ed: What Does “Direct Physical Loss Of Or Damage To Property” Mean?
Recently, I’ve read a bunch of articles touting a North Carolina pro-policyholder COVID-19 decision that, among other similar erroneous conclusions, opined that “loss of” can also mean “loss of use of.” The premise is that, under the insurer’s business income form language, “loss of” property can also mean the inability to use the property even […]
Should Agents Advocate For Insureds In Claim Denials?
An InsurOp-Ed on the value-added sales proposition of having an agent advocate at claim time
