Willis Group has appointed two regional managing directors at Willis Networks, which works with local independent brokers in the UK.

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Home insurance companies have their own ways to estimate the damage, this article will describe how they do it.

A Philadelphia town house was damaged by an explosion in the gas line of the house next door, including damage to the wall shared by the two homes. The insurance adjuster properly recognized the limits of his expertise and brought in an engineer to assess the damage to the wall. The engineer concluded that the top foot and a half of the wall needed to be replaced, but it was otherwise structurally sound.

Public Insurance Adjuster

The homeowner’s public adjuster brought in a better qualified engineer who found that the entire wall had to be replaced and, after a four-hour meeting at the site, persuaded the insurance company’s engineer that that was the correct position. Tha Full post…

“I’m so excited – I’m taking my family on a vacation to Europe for a week. I have everything we need – travel documents, airline tickets, hotel reservations, a rental car, and tickets to some shows and theme parks we want to visit What else could I possibly need?” Does that sound familiar? You’ve probably heard someone say it before, or maybe you’ve said it yourself. There is one important element missing from those travel preparations – travel insurance.

Even on short trips like the week vacation mentioned above, a travel insurance policy is a good investment. The truth is, a week may not seem like a long time, but you only need a single moment for injury or illness to strike. Traveling, especi Full post…

The 2010 version of the Consumer Shopping Guide for Homeowners and Tenants Insurance has been published by the Insurance Department of New York State. The document is meant to offer information to renters and homeowners that will help them select tenant and home insurance services that are appropriate for their level of needs.

According to department officials, they are hoping that the document will aid renters and property owners find the coverage they really need with a minimum amount of fuss. The guide offers premium comparisons for policies offered by various insurance firms for a certain type of property. It touches upon all types and all available policies and how each can help protect a property owner’s home. Full post…

Lloyd’s of London is warning of potential problems with aircraft communication and navigational systems; malfunctioning satellites and GPS systems; and the potential shutdown of power grids, over the next few years, on account of an “increasingly turbulent” space weather forecast.

Space weather is a term used to describe various disturbances that occur in near-Earth space, and an expected increase in solar activity may have a considerable impact on businesses, according to Lloyd’s latest 360 Risk Insight report.

Solar winds, coronal mass ejections, solar radiation storms, magnetic storms and solar radio bursts all have the potential to disrupt modern technologies and the report suggests that space weather forecasts should be of increasing interest to businesses generally.

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Uninsured drivers are rife on roads in the UK, according to a study conducted by moneysupermarket.com.

Research by the comparison site revealed that one in six (15 per cent) motorists have broken the law by getting behind the wheel of a car they weren’t insured to drive. Four per cent have confessed to breaking the law by driving their own car uninsured, while nearly one in ten (nine per cent) have admitted to driving someone else’s car without insurance .

Of those who admitted to driving without car insurance, a staggering 36 per cent said it was because they didn’t know they needed insurance when behind the wheel. Full post…