5 Common Misconceptions About Medicare
Posted: January 21, 2023
5 Common Misconceptions About MedicareIf you are newly eligible for Medicare and navigating the territory for the first time, you know how complicated the subject can be. Although there is an abundance of material out there, it is not always accurate and may only add to the confusion. The following are five common Medicare myths debunked: Medicare Is Part of Social Security This is not correct. Social Security and...
5 Unconventional Businesses That Still Need Insurance
Posted: January 19, 2023
5 Unconventional Businesses That Still Need InsuranceIf you own a business, you need business insurance. No matter how unconventional your enterprise is, be assured, you have some exposure to risk. The following are unconventional businesses that still need insurance. Dog Walker Professional dog walkers need strength and stamina to keep up with the pets in their care. They also need financial protection in case of an accident. A basic dog walking...
How to Avoid Costly Claims from Winter Storms
Posted: January 16, 2023
How to Avoid Costly Claims from Winter StormsWinter storms can do serious damage to your home. In 2021, storms during the winter months caused a record $15 billion in insured losses in the U.S., as reported by the Insurance Information Institute (III). Some of the costliest winter events by insured losses from 1950 to 2021 include: Polar vortex Freezes Blizzards Winter storms Winter damage Cold waves Ice storms Does Homeowners Insurance Cover...
La. Deptartment of Insurance (LDI) - Catastrophe Claims Process Disclosure Guide
Posted: January 4, 2023
The Louisiana Department of Insurance (LDI) has issued Bulletin 2022-09 to inform all authorized property and casualty insurers of La. R.S. 22:1897 enacted by Act No. 80 of the 2022 Regular Legislative Session, which becomes effective January 1, 2023. La. R.S. 22:1897 mandates that the Commissioner of Insurance create a "CATASTROPHE CLAIMS PROCESS DISCLOSURE GUIDE" (Guide) which gives policyholders a detailed overview of the claims...
