InsuranceYak.comAllstate Insurance Blocked from Writing New Business in State of Florida
Editors note: In my opinion, Florida is doing Allstate a tremendous favor. The Florida Office of Insurance Regulation, the state assembly and the Goveners office have done a terrible job of trying to reel in insurance costs by overregulating the insurance companies. Florida has the […]
Thanks to Aaron C. Pinkston of Council Financial for another guest post.
When I was first introduced to the world of insurance, my supervisors at a large, well-respected insurance company encouraged us to sell life insurance as part of someone’s retirement plan. The pitch is usually something about tax-deferred savings and potentially tax-free distributions from the […]
Definitions of Rental Property Coverage
This applies to residential property with 1 - 4 units and no commercial exposure (no apartments on top of stores or houses used for a public access business). Any property with 5 or more units is considered commercial coverage.
A standard policy has four parts:
Declarations - Insurance company name, name of insured, address of […]
Overall, 2007 was a good year to be in the insurance industry. Most companies have done well for themselves and strengthened their financial positions. Here’s a recap of some of the biggest events (or non-events) from 2007.
1. Climate Change
2007 marked a turning point on climate change..the insurance industry realized it could hit their bottom line!
Munich […]
Toyota has been running commercials showing people going to great lengths to get rid of their current vehicle:
A lady cuts a tree branch which falls on her car.
A man throws a rope on his Ranger as a ferry pulls away from the dock, pulling it into the water.
Another man pushes a Jeep Grand Cherokee off a parking […]
Renters insurance - Not just about price
Q: Is anything else important, other than price that I need to consider when shopping for renter’s insurance?
Top things: Price isn’t everything
Property Coverage
Make sure the coverage you have is enough for all your stuff. Make sure you have a replacement cost endorsement .
Make sure your policy covers other high priced items you […]
January 16, 2008 
