Global insurance trends

The California Property Insurance Riddle Cannot Be Solved Via Regulation

Can you regulate your way out of an insurance quandary? They seem to believe that in California where the natural phenomenon of wildfires and landslides due to the San Andreas fault, offer a unique set […]

Insurance claims

Fraudsters Staged Bear Attacks on Prestige Cars. Now Looking at Porridge

Yes, they are faking bear attacks in California to try and scam insurance cash. The Revenant was a very good film wasn’t it? Dont’t try this at home kids, stick to TikTok pranks in animal […]

Global insurance trends

Parametric Earthquake Cover For University of California

As everyone in the world of insurance knows California is a high risk State; high asset values, wildfires and earthquakes are just some of the factors affecting property coverage. Here’s the word from Liberty who […]

Legal

Alleged Insurance Fraudsters Prosecuted in California

The latest news from California for you; Three Southern California residents were arrested recently after a joint investigation with the California Department of Insurance and the Los Angeles County District Attorney’s Office found one of […]

Global insurance trends

Former US Insurance Agent Pleads Guilty to Multiple Charges

The latest case report from California for you; Former insurance broker Karen Marie Dondanville, 56, of Mission Viejo, pleaded guilty to 90 counts including grand theft, insurance fraud, financial elder abuse, and forgery for collecting […]

Global insurance trends

California Wildfire Insurance: Comments Are Welcome Says Commissioner

 The latest from California as comments are welcomed on the new wildfire rules and regulations for insurers active across the State; Insurance Commissioner Ricardo Lara is inviting public input as he begins the final phase […]

Global insurance trends

One Year Moratorium on Wildfire Insurance Doesn’t Solve The Problem

In the world of politics there is a phrase called `kicking the can down the road,’ which means putting off a difficult decision since you don’t want the pushback from angry voters. Taking the decision […]

Global insurance trends

Will California’s Revised FAIR Insurance Plan Work?

Coverage in California has been expensive, and rationed to an extent for property owners in the last few years. Repeated arson incidents each summer have caused several wildfires, leading many local insurers to withdraw cover […]