Like a good neighbor, State Farm is there. But the top home insurance firm in California, as measured in direct premiums written, has stopped accepting new homeowner insurance applications, citing the growing risk from wildfires and the rising cost to rebuild. The company said it will continue to serve existing customers, as well as offer […]
Tag: insurance claims
The Importance of a Hurricane Damage Lawyer in Florida
Hurricane season 2023 is bearing down on Florida. It’s now less than 100 days from the official June 1 start of the Atlantic hurricane season. The National Hurricane Center chose this six-month period because it accounts for 97% of all Atlantic tropical storms and hurricanes, according to NOAA’s Hurricane Research Division. But remember, Mother Nature […]
Florida Wind Damage Claims Lawyer
Under Florida law, homeowners insurance policies must cover property damage caused by wind. Yet insurance companies will attempt to delay, deny or underpay valid wind damage claims since they are in the business of making a profit. As such, an experienced and results-oriented property damage attorney can make all the difference in obtaining compensation for […]
Legal Solutions to Large Loss Property Damage Claims
2022 proved lucrative for Tampa Bay real estate. The 20 highest grossing real estate sales from Hillsborough, Pinellas, and Pasco counties brought in a cumulative total of more than $2 billion, property records reveal. Among the top transactions was a 390-unit apartment complex and a 13-acre beach resort. Multi-family properties and commercial real estate are […]
Lloyd’s of London Arbitration
Comprehensive Legal Solutions for Lloyd’s of London Arbitration Lloyd’s of London is at the center of the insurance world when it comes to coverage for property damage disputes, and Corless Law Group offers unparalleled, goal-oriented legal strategies and solutions for Lloyd’s of London arbitration. Many Lloyd’s insurance policies today require the arbitration of disputes with […]
Storm Is Brewing Over Climate Change & Property Insurance
Policyholders are feeling the heat over climate change and its impact on their insurance claims. Stronger and more frequent natural disasters – hurricanes, fires, windstorms, tornadoes and floods – are destroying structures at record-breaking rates. The U.S. Environmental Protection Agency notes how rising global average temperatures will cause more persistent and intense weather events that […]
The Unfortunate Truth About Flood Insurance
Severe flooding had led to widespread devastation in Eastern Kentucky, costing substantial loss of life and potentially billions in physical damage to homes and businesses. Battered infrastructure has hampered the search for the missing, and many survivors say there was no time to escape the deluge. Flooding is highly destructive, with the potential to damage […]
Inside Florida’s Property Insurance Crisis
Another hurricane season is weeks away, and policyholders are loyally paying their premiums to ensure they are covered should disaster strike. But if you are a property owner in Florida, chances are your insurance rates are increasing at an unprecedented pace – sometimes by as much as 111% – or your policy has been dropped. […]
Changing Landscape of Fire & Smoke Damage Claims
The record-setting Colorado fires that broke out Dec. 30, 2021 destroyed more than 1,000 structures and swept through several towns. The scenes from Colorado have been accurately described as a “war zone” with wildfires burning 6,000 acres across Boulder County. The fires brought 40-foot-high flames that engulfed enormous stretches of grass in just seconds, forcing […]