New insurance regulations for California homeowners take effect

Despite numerous challenges, a new set of regulations for California homeowners took effect on June 27, 2011. These changes were geared toward improving the standards and training processes for the replacement value estimations of a homeowner’s insurance should a disaster occur. At the same time, the controversial alterations are still being contested by two insurance trade associations. The new cost regulations include the following (California Code of Regulations Section 2695.183 (h)): • Conditions for outlining the requirements that involve the replacement cost and value estimates designed to improve comprehensiveness, consistency,…

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With new media outlets comes new approaches for insurance education

It has been proven by Web sites like LinkedIn and Facebook that new media is great at building a community. It is for that reason that long-time insurance educators Laurie Infantino, Marjorie Segale, and Tom Jackson have partnered together to develop a resource where insurance industry professionals can get the answers they have been looking for, secure continuing educating credits, learn about insurance, and share resources in an online community setting. Insurance Community Center, The creation of Laurie, Marjorie, and Tom, is divided into two distinct parts. There is the…

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