Is the Indemnity Period long enough – Prof. Allan Manning’s Blog
Is the Indemnity Period long enough Posted: February 29, 2024/Under: Aequum Adjusters, Bushfire, Business Continuity, Business Interruption, Catastrophe Response, Christchurch Earthquake, Claims, Cyclone, Environment, Flood, Hail, Property Insurance, Risk Management, Storm, Under Insurance/By: Allan In the claims we are handling we are seeing more and more that the Indemnity Period runs out before the business […]
A reminder to review Sub-Limits – Prof. Allan Manning’s Blog
A reminder to review Sub-Limits Posted: February 28, 2024/Under: Bushfire, Catastrophe Response, Christchurch Earthquake, Claims, Claims Comparison, Cyclone, Domestic Insurance, Flood, Hail, Property Insurance, Removal of Debris, Risk Management, Rural Insurance/By: Allan I think we all know the importance of reviewing declared values, sums insured and or Limits of Liabilty every year. This is extremely […]
The Insurance Lobby—The Persistently Powerful Foe
A funny thing happened yesterday at the California Association of Public Insurance Adjusters (CAPIA) legislative meeting. Just before Amy Bach and yours truly were about to give our presentation about California property insurance legislation, we noted that Allison Adey of the Personal Insurance Federation of California (PIFC) was in the audience. I promised she would […]
6 Reasons to Explore Automated Compliance and Producer Management with AgentSync
This post is part of a series sponsored by AgentSync. The insurance industry has been slow to adopt digital-first frameworks for doing business, and the part of the business that deals with compliance and regulation change management even more so. But, day by day, we’re seeing that trend change. Someday this trickle of early adopters […]
Smoke Detectors need to be replaced every 10 years. – Prof. Allan Manning’s Blog
Smoke Detectors need to be replaced every 10 years. I refer to several articles that have appeared lately about a landlord who has been charged for failing to install fire alarms in a home that caught fire which alegegly resulted in 6 people perishing. Here is a link to one of the articles. Since this […]
Reflecting on the first 25 Years of LMI Group – Prof. Allan Manning’s Blog
Reflecting on the first 25 Years of LMI Group Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. What better way to reflect on all that our dedicated team have accomplished but list 50 highlights from our first 25 years that you may not know (or have forgotten) the […]
What Is the California FAIR Plan?
Californians have many questions after being non-renewed by their insurance companies and unable to find another company that will insure their properties. The losses from recent wildfires have caused carriers to scale back, and some have completely ceased writing insurance in several California regions. The California FAIR Plan remains the only option for many of […]