Insurance Archive

Lessons Learned from Irene

Two interesting discoveries have arisen during the aftermath of Hurricane Irene. First, apparently some insurance companies do not understand that when they write essential property insurance in Coastal North Carolina excluding wind, they are responsible to adjust the wind claim on behalf of the North Carolina Insurance Underwriting Association (Beach Plan). This responsibility is clearly set

North Carolina Isn’t In the Top Eight…or the Bottom Eight

“How’s your wife.  Compared to what.”  Henny Youngman For once, being in the middle of the pack may be a good thing. Sperling’s Best Places, who publishes city rankings on different criteria, has put out a map of the riskiest places to live and the least risky places to live. They have merged hazard maps from NOAA, The

Recurring Hot Insurance Topics: Auto Policies & Condos

This is my first shot at blogging. I am probably more comfortable bloviating than I am blogging. However, there are a number of technical insurance issues that have cropped up over the last several months that I would serve up for comment or discussion. The first is the question of ownership of the autos that

New Royal Couple Says Yes to Auto Modernization in North Carolina

Well, not really but this is probably a topic they would be interested in if Prince William and Princess Catherine were licensed drivers in North Carolina.  Here are the facts: –  There has been little change in the private passenger auto insurance rate making system in North Carolina since the mid-1970’s. –  “Clean Risk” account