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New Deal Prompts Home Insurers to Return to California’s High-Risk Fire Zones

New Deal Prompts Home Insurers to Return to California’s High-Risk Fire Zones

Last month, California Insurance Commissioner Ricardo Lara announced that he struck a deal with the insurance industry to encourage home insurers to return to the state’s wildfire-prone hills and canyons. This deal comes after many of the top home insurers in California withdrew from areas of the state where wildfires were most prevalent. According to Lara, home insurers have agreed…

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The CDI Approves New Property Rate Filings for California Wildfire Risk Safety Regulations

The CDI Approves New Property Rate Filings for California Wildfire Risk Safety Regulations

Wildfires have devastated areas across California, leading insurers, homeowners, and regulators to reconsider how they manage and handle risks. As a result, in October 2022, California approved a regulation requiring rate filing from every personal and commercial property insurer that uses California wildfire risk in the rating of a policyholder or applicant. Effective April 12 of this year, the regulation,…

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Medical Transport Vehicles Safe Driving Tips

Medical Transport Vehicles Safe Driving Tips

Safety in medical transportation, whether by van, car, or ambulance, is essential. Consequently, it is crucial to the health, well-being, and long-term performance of an ambulance driver or EMT that they implement proper safety measures. Of course, it’s also imperative that they implement safe driving tips for ambulances for their patients’ sake. EMT drivers are looking for ways to improve…

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Can Security Guards Be Liable for Negligence?

Can Security Guards Be Liable for Negligence?

Many business and property owners employ security guards to provide protection and a sense of safety for visitors, customers, residents, and employees. These professionals can work for security companies and offer security services at public and private venues. When a business owner invites someone onto their premises, they assume a legal responsibility to keep guests safe from threats of physical…

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Non-Standard Property Coverage – Why it’s so important now

Non-Standard Property Coverage – Why it’s so important now

Nine home insurance companies have entered liquidation in Florida alone over the past year, leaving homeowners to face unprecedented rates during the pandemic. Although Florida has received a lot of attention over the past year, the entire nation has faced more and costlier natural disasters over the past four decades. Florida, Louisiana, and Texas have had the most billion-dollar disasters…

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Inflation Guard & Insurance to Value with Topa Insurance Company

Inflation Guard & Insurance to Value with Topa Insurance Company

With inflation on the rise, it is understandable that policyholders are inquiring how this will affect their policy. Inflation guard and insurance to value are both important factors to educate your agents on so they can advise their policyholders accordingly. They each are crucial to property coverage policies but take on different purposes. Inflation Guard (Building Limit – Automatic Increase)…

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Remote Workforce: Driving Forces to a Permanent Change

Remote Workforce: Driving Forces to a Permanent Change

Topa Insurance Company (TIC), like most insurance businesses, shifted to a remote workforce out of necessity in 2020. TIC continued to be successful in the new work environment and quickly decided to make the remote workforce move a permanent one. March marks a milestone, two years from the transition of an in-office work experience to a permanent work from home…

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CWID 2022 – An Educational Success on the Wild Side – Part 2

CWID 2022 – An Educational Success on the Wild Side – Part 2

Educational sessions are a wonderful source of information, but we all know the social and networking opportunities at our events are what make the CIWA community so close-knit. We mentioned wild adventures, but what can be so wild about insurance wholesalers? How about snake handling insurance wholesalers and industry representatives? To keep with our Safari theme, at the Future Cocktail…

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CWID 2022 – An Educational Success on the Wild Side – Part 1

CWID 2022 – An Educational Success on the Wild Side – Part 1

2022 started off with a roar at the California Insurance Wholesalers Association (CIWA) Industry Days conference (#CWID2022) in beautiful La Jolla earlier this month.  This year, we added some wild adventures to our classic educational and networking quest, including a Safari tour at the San Diego Safari Park, a Mentalist that read our thoughts, and a keynote speaker that offered…

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