Lawsuit filed against state Department if Insurance and Financial Services. Take a closer look at Michigan’s no-fault auto insurance.
Between The Camp Fire and The Woosley Fire, the insurance industry is on the hook for property and auto damage, including burn and smoke damage, business interruption, additional living expenses and contents loss.
Article Source: The Insurance Journal
Can self driving vehicles replace the driver? If you think you do not need to watch the road while your car does all the work then think again. AAA tested electronic driving systems and you would be surprised with the results.
Starting December 1st, 2018, we are pleased to announce the opening of our third office location which is in Boca Raton, Florida. Due to the consistent growth in business during the past few years, we are dedicated to maintaining and expanding our competencies and expertise to address the diverse needs of our clients. Our commitment to excellence, combined with our mission to deliver outstanding service, has earned our company the excellent reputation it holds today. Our new Florida branch address and phone number are as follows:
6501 Congress Ave.
Boca Raton FL. 33487
You might think the two largest decisions you need to make when booking a trip is how you’re going to get there and where you’re going to stay. Whether or not you buy travel insurance is another question worth asking. In many cases, getting travel insurance is a good decision to cover your non-refundable travel expenses. I’ll explain why.
When to Buy Travel Insurance
While you’re never required to buy travel insurance, it’s a good idea for more expensive trips. The last thing you want to see is thousands of dollars in non-refundable purchases evaporate because of an unforeseen event.
You can follow these below tips to you help you decide when travel insurance is worth it.
Book Within 15 Days of Trip Purchase
To qualify for full coverage, you almost always have to buy travel insurance within 15 days of booking your trip. Waiting until the last minute to add a policy gives the impression to the insurance provider that you’re trying to game the system.
Hurricane Florence will affect the U.S. east coast later this week with significant damage to property and resulting business disruption. Businesses far-removed from the impact zone also will be affected as manufacturing, retail, travel and supply chains, among other industries, are disrupted by the physical damage. For those in the impact zone, knowing the fundamentals about your property insurance is critical. For those in remote locations, now is a good time to refresh yourself as well, since post-storm disruptions and losses require prompt notice to insurers and fast action to help mitigate any resulting loss. A failure on either front could jeopardize coverage.
In a Hurricane Preparedness Client Alert published yesterday, the Hunton Andrews Kurth insurance team provides sage advice for any business that might experience damage or disruption, whether direct or indirect, as a result of Florence’s landfall, as well as a summary of the many types of coverage typically found in a commercial property policy.
Is your kid/s
Living on campus with no regular access to a car?
Driving regularly at college, or is commuting / attending a school nearby?
Covered when he/she wants or needs to drive a car?
If your child is away at school we need to make sure you have Off Premises Theft included on your policy.
Now is the time to contact us to discuss your insurance needs.
By Beth Pinsker
NEW YORK (Reuters) – Donna Childs recently bought a home in Rhode Island about 5 minutes from the Pocasset River, and, despite past flooding, everyone told her she did not need flood insurance.
As a risk management expert, she knew better.
“I’m far from the water, but basically for the cost of a Starbucks (coffee), I can have insurance,” Childs, author of “Prepare for the Worst, Plan for the Best,” said in a recent interview.
Many people decide to invest in flood insurance policies after a scary weather event. But sometimes they let the insurance lapse because it is too expensive, and also because they might misunderstand that familiar term from news and weather reports, “100-year flood.”
It is natural to think that “100-year flood” means that once a big flood hits, you then have 99 more years before you have to worry about another one. But what it actually refers to is a flood event that has a 1 percent chance of occurring in any given year, said Lynne McChristian, consultant with the Insurance Information Institute and a professor of risk management at Florida State University.
Congratulations to our COO, Sonya Horton
on her 20th Anniversary with the Mogil Organization
Sonya graduated from Long Island University in May of 1994 with a B.S. degree in Psychology. In November 1991 she started her insurance career with Arthur Chernick Company in NYC as a personal and commercial lines technical assistant.
In May of 1998 she joined The Mogil Organization in the Commercial Lines Department as an assistant Account Executive. In January 2012 she became Manager of the Select Commercial Lines Department. In August 2013 she was named Vice President Commercial Lines and in September 2015 she became our Chief Operating Officer.
Travelers : Takes on Distracted Driving with Launch of Every Second Matters℠ Campaign
The company’s public policy division, the Travelers Institute, kicks off new national symposia series exploring the serious implications of taking your eyes off the road, even for a second
The Travelers Companies, Inc. (NYSE: TRV) today launched its Every Second Matters national initiative targeting the distracted driving problem. Through a series of forums held across the country by the company’s public policy division, the Travelers Institute, the campaign looks to bridge the gap between why many believe distracted driving is dangerous, yet nearly a quarter of Americans admit to doing it.
“The National Safety Council reported more than 40,000 traffic fatalities in 2016,” said Joan Woodward, Executive Vice President, Public Policy and President of the Travelers Institute. “Distracted driving is a contributing factor and it’s a problem that won’t go away without understanding its causes and promoting safe behavior.
Mogil Organization, LLC will continue to remind our valued clients of any notice of cancellations that are mailed from the insurance companies in regards to a late payment.
When we receive the notice, we will contact our insured via email. In the event that we do not have an email address, the insured will be contacted via telephone.
The second contact will be made approximately 3 business days prior to the cancellation date.
***In the past, a second reminder was sent 10 days prior to the cancellation date, this will no longer happen.
It’s still not clear how severely Hurricane Matthew will affect South Florida, but it’s time to make sure you have the things you need in your home.
Don’t wait until the last minute because lines will be long and supplies short.
Assemble this now. Put aside in a special box. Keep heat-sensitive items inside home and rotate stock throughout season:
- Flashlights and extra bulbs
- Clock (wind-up or battery-operated)
- Battery-operated radio
- NOAA emergency weather radio
- Extra batteries
- Toilet paper
- Matches (camping stores have waterproof matches)
- Plastic garbage bags
- Working fire extinguisher
- Clean change of clothes, rain gear, sturdy swamp boots
- Fully charged battery-operated lanterns. Don’t use candles and kerosene lanterns. They are fire hazards.
- Map of the area
- List of phone numbers
- Copy of insurance policy
- Get enough nonperishable foods now to last two weeks. Then put them in a box and leave them alone.