Mercury Insurance says California’s bodily injury costs are rising

Mercury Insurance - bodily injury - broken arm

The insurer’s new umbrella coverage provides Californians with enhanced protection against these claims. Mercury Insurance has announced that it has relaunched its umbrella coverage after a redesign in order to provide Californians with an added protection layer above what a standard home or auto policy has to offer. The coverage is meant as an added safety net in a state that is becoming increasingly litigious. A news release from Mercury Insurance said that liability claim amounts are now 66 percent higher than they were before the pandemic, having climbed with…

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Liability insurance requirements for guns up for consideration in Washington DC

liability insurance mandatory coverage

Mandatory liability insurance for gun owners proposed in DC Washington D.C. may become the first in the U.S. to make liability insurance for gun owners mandatory. The D.C. Council is currently considering a proposal that would require those that own firearms to purchase and maintain liability insurance coverage. This issue has been gaining more attention in recent months, following a spate of school shootings. Gun control has become a divisive topic throughout the country, with supporters and opponents adopting fairly extreme stances on the issue. The D.C. Council believes that…

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Companies that don’t carry cyber liability better think again…

As the world continues to become increasingly reliant on technology, a new breed of threat has emerged. The Internet is rife with scams and a vast array of dubious activities. It is also home to some of the most skilled and tenacious hackers. This fact has led many insurance companies around the U.S. to start offering insurance protection against what they are calling “cybercrime.” The majority of these policies are tailored for big companies, but they have not received the interest insurers thought they would. Cybercrime is a real issue,…

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