My Last Blog Post?
I haven’t made a blog post in 15 months. Here’s why and what the future holds for me and this web site. Thanks for being a part of my 56-year (so far) journey in insurance and beyond.
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Com•men•tar•y … an expression of opinions or offering of explanations
Shrinkflation and Insurance
A lot has been said over the past year or so about “shrinkflation” when the unit price of a product goes up, not because of a price increase but because of a reduction in value due to the amount of the product being sold for the same price. Does this happen with insurance? If so, who is to blame?
Read MoreMy Neighbor’s Check Forgery Loss
A neighbor had an outgoing check stolen from her mailbox, “washed,” and cashed for $5,000. Her bank denies any responsibility for the loss. The neighbor was telling the story on social media and generating dozens of responses but no one mentioned insurance.
Read MorePoorly Worded Policy Language and Unintended Consequences
A homeowners insurer appears to be attempting to exclude coverage for e-bikes in their policy form. However, the way they’ve worded the definition of “E-bike” implies that they are excluding much more than that, presumably unintentionally.
Read MoreOne of the Most Often Misinterpreted Liability Exclusions
ISO’s BOP and CGL policies include a liability exclusion for aircraft, autos, and watercraft, but the exclusion has several exceptions. However, just because an exception doesn’t apply, that doesn’t mean that the exclusion applies. First, the exclusion must be triggered and that often is not the case. For example….
Read MoreDo You Have the Right Kind of Insurance?
Yesterday I received an email demanding compensation for the unauthorized use of a photograph on my web site. This is how I handled that demand….
Read MoreClaim Denials and Agency Accommodations
An insurer denies a homeowners claim for a stolen e-bike but offers to pay the claim as an “agency accommodation.” If so, is it legal or ethical to pay such claims out of claim reserves?
Read MoreThe Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An Exclusion
Many homeowners have lost their homes or been financially crippled, not because of an obvious exclusion in their HO policies, but because of three words in a definition referenced from an insuring agreement. If you write homeowners insurance, right now I guarantee you have insureds who may have no coverage on their homes.
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Top 5 Insurance and Legal Blog for 2017
My New Ebook
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