Chartwell Insurance Services Blog: insurance issues
View the latest blog posts from Chartwell Insurance Services.
Tuesday, August 18, 2020
With this Chartwell Bulletin we are on a mission to convince our readers to install water detection devices not only to protect their homes (and condominiums) from water damage but to help reduce the rising cost of insurance.
Insurance premiums are rising. READ MORE >>
Monday, July 13, 2020
Hats off to Evan Greenberg, CEO of Chubb, for advocating for a government backed program for insurers to cover small businesses from future pandemics. We called for insurance industry leadership in our Crainâ€™s Oped in April and all we say is Bravo! Click here to read more. READ MORE >>
Monday, July 6, 2020
We are often asked if flood insurance is necessary in â€œone hundred yearâ€ flood zones.Â These are low likelihood of flood zones â€“ B,C,X.Â Make no mistake,Â this does not mean that there is chance of flooding once in one hundred years for any home in these zones. READ MORE >>
Friday, May 8, 2020
More congressional letters opposing retroactive business interruption proposals for COVID-19 claims.
Their letter refers to a recent National Association of Insurance Commissioners statement which opines: â€œWhile the U.S. READ MORE >>
Wednesday, January 29, 2020
This is one of the best stories we have seen and a reminder to always be alert.
Decca Aitkenhead is a journalist at the Times in London and won the interviewer of the year prize at the British Journalism Awards.Â Â In between exhaustion from her award and the pressure of a story deadline, she took a phone call. READ MORE >>
Friday, December 6, 2019
Finally some (temporarily) good insurance news coming from the state of California for policyholders. Â After the last few years of wildfires obtaining insurance and not being dropped by an insurer in many parts of the state of California has been increasingly difficult. READ MORE >>
Tuesday, November 5, 2019
Wildfire costs may cause more homeowners in California to lose their insurance
Homeowners insurance, already expensive in California, is becoming ever more costly and also less available following the wildfires and mudslides of 2017 and 2018, and that doesnâ€... READ MORE >>
Friday, October 25, 2019
Many drivers may not realize that when marijuana is legal driving while under the influence remains illegal.Â Users who believe that marijuana use is undetectable by law enforcement may have testing on their side but not for long as this Chicago Tribune article points out. READ MORE >>
Friday, July 26, 2019
On July 19 the New York Times published â€œSafe Deposit Boxes Arenâ€™t Safeâ€
The article and online commentary raised two important points:
Itâ€™s important to understand how much protection is available for your items in a bank safe deposit box.
READ MORE >>
Tuesday, June 18, 2019
This Wall Street Journal article highlights FEMA flood zone maps and most of the country has not been remapped in the last 5-10 years (light pink). Some parts have not been updated in over 10 years (magenta). READ MORE >>