Time To Review Your Policy
Fires. Floods. Tornadoes.
Property Damage
The “Professional Services” Exclusion
You run a small business. Someone allegedly gets hurt while on your premises and you receive a letter from her attorney notifying you of the claim. You advise your insurance company, fully expecting them to come to your rescue and provide you with counsel to defend your business against the injury claim.
2011 Homeowners Complaint Index
2011 Homeowners Complaint Index published by Indiana Department of Insurance NAIC # Company Name Premium # Complaints Index 1 10921 ACA Insurance Company 15,557,785 10 1.53 2 14184 ACUITY, a Mutual Insurance Company 2,150,760 1 1.10 3 42579 Allied Property And Casualty Insurance Company 1,885,019 1 1.26 4 19240 Allstate Indemnity Company 2,061,563 8 9.22 5 19232 Allstate Insurance Company…
Use Caution on the Fourth
According to a July 2 press release from the Commissioner of the Indiana Department of Insurance, the 4th of July accounts for the most reported fires nationwide. According to the release, in 2010 alone there were at least 8 deaths reported and $36 million in property damage.
Indiana Insurance Law: IDOI Places Moratorium on Policy Cancellations to Help Tornado Victims in Southern Indiana
Tornadoes and severe storms recently devastated large areas of southern Indiana on March 2, 2012. As a direct response to those events and in an apparent effort to protect policyholders affected by the weather disaster, the Indiana Department of Insurance (“IDOI”) has issued a moratorium on the cancellation of insurance policies. Specifically, the Commissioner of the IDOI is requiring all…