Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

Dennis M. Baez Joins Berkley Construction Professional as Senior Vice President of Underwriting

Morristown, N.J. (August 31, 2021) – Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting primary and excess business within the retail and wholesale insurance communities, fostering strong broker relationships and achieving profitable growth for Berkley Construction Professional’s contractors’ and owners’ professional liability portfolio. “Dennis’ extensive experience at several global leaders in insurance broking will help us better understand the professional liability needs of our customers and enable us to develop…

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Many South Lake Tahoe residents can apply home flame retardant with insurer help

Home flame retardant - South Lake Tahoe

Several insurance companies are hoping to support their customers with fire prevention spray. South Lake Tahoe residents in many neighborhoods threatened by the Caldor Fire have been watching trucks driving around offering home flame retardant spray. The All-Risk Shield product is being offered as additional exterior protection against wildfires. The company’s crew members are applying the home flame retardant product on the vegetation surrounding the homes to help reduce the risk of flames traveling to structures such as houses and garages. Moreover, the service isn’t paid entirely out-of-pocket by the…

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New York state pushes insurance companies to provide faster storm claim response

Insurance companies - Home Insurance Claim

The remnants of Hurricane Ida brought record-breaking rain, flooding large parts of NYC. Insurance companies are braced for a massive wave of claims in New York following record-breaking rains left behind by the remnants of Hurricane Ida. State officials are calling for insurers to step up their processing, to help flood victims to recover more quickly from the damage they suffered. Large areas of New York City were submerged by the massive rainfall that came on fast. The New York State Department of Financial Services, which regulates insurance companies in…

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California Insurance Commissioner Ricardo Lara issues notices to insurers over wildfires

California insurance commissioner - Notice Insurance

Insurers have been advised to cease their cancellations and non-renewals in wildfire affected communities. California Insurance Commissioner Ricardo Lara has issued notices to homeowners’ insurance companies regarding the cessation of cancellations and non-renewals in communities suffering wildfire emergencies. Lara’s notices have advised insurers to stop such behaviors or risk violating Californian law. The notices from the California Insurance Commissioner have to do with homeowners and renters’ policies in communities located near the state’s many major wildfires. Those communities will be identified by state Governor Gavin Newsom in emergency declarations. According…

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Top JD Power P&C insurance digital experience award goes to Mercury

P&C Insurance - Award

The insurer ranked at the top of the category for overall customer satisfaction in this shopping segment. JD Power has released the results of its 2021 US Digital Experience Study, within which it named Mercury Insurance the top option among P&C insurance companies for overall satisfaction in digital shopping. This represents the first time Mercury has been the recipient of one of the JD Power awards. The JD Power 2021 US Digital Experience Study is an examination of the digital consumer experience among shoppers obtaining quotes for P&C insurance, as…

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Insurance companies have teams ready for Hurricane Ida response

Insurance companies - hurricane damage

Home and auto insurers are confirming their availability for customers who need to reach them. Insurance companies always recommend that anyone affected by major events contact their insurers sooner rather than later. This is the case in the aftermath of Hurricane Ida as news releases remind policyholders of what they need to do to file a claim. GEICO has announced that its Response Team is in place and prepared to assist customers. This year, like last year, insurance companies face the additional challenge of helping their customers while preventing the…

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5 Easy Ways You Can Reduce Your Home and Business Insurance Rates

5 Easy Ways You Can Reduce Your Home and Business Insurance Rates

It’s not difficult to both love and hate insurance. Few of us enjoy paying for it every month, but we are relieved to have it if something bad happens. That is definitely the case for both home and business insurance.  Buying either can be a costly endeavor, but the good news is that you don’t have to be stuck with high monthly premiums. Instead, by shopping around, working with the insurance company, and living in places with fewer risks, you can make the payments much more manageable. Let’s look at…

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