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Cyberattack – Everybody is at Risk

With online payment systems, certified payrolls and sharing of specifications and bid documents, contractors are exposed to cyber losses that are not covered by traditional insurance. Add on cyber-ransom and you really have several areas of concern. Download the Article

Proof of Loss as a Tool to Resolve Disputed Property Claims

First Party Property losses such as stolen construction tools and equipment, should be a straight forward claim. You send in documents to support the value of your claim, and then you expect to be paid by your property insurer. Typically, the claim is paid but sometimes things get derailed. Your property insurer may dispute the …

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Increasing Cost of Automobile Claims – Automobile Black Boxes and Economic Damages

California auto insurance rates are going up due to the escalating cost of claims. On average, insurers are paying out $1.14 for every $1.00 of premium they collect. Increased traffic on roadways, distracted drivers, escalating medical costs, rising repair costs, and finally, economic damages from severe auto injuries, are the reasons for these increased claim …

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