Litigation is one of the most common causes of personal bankruptcy. The threat posed by a multimillion-dollar legal action is real, and it’s among the biggest risk to financial health. Personal excess liability is not limited to the rich and famous. It is the keystone of any comprehensive personal risk management plan. Despite a steep …
Personal Excess Liability: Is Your Risk Management Plan Missing This Keystone? Read More »
From escalated numbers of hurricanes in Florida to devastating fires and large-magnitude earthquakes in California, recent years show a striking uptick in natural disasters coast to coast. FEMA.gov reported fifty-three major disasters nationwide in 2019, including 10 weather and climate disaster events with losses exceeding $1 billion, according to the National Centers for Environmental Information. …
by Nicole Nouhra Disasters Increasing in Frequency and Severity Natural disasters in the United States are increasing in both frequency and severity. Since 2009 the number of catastrophes has doubled and the claims dollars paid out has quadrupled as reported by The Insurance Information Institute. Last year, California experienced some of the deadliest and most …
Rise in Natural Disasters Leads to Insurance Deficits Read More »
