Louisiana Coastal Areas Could See Increase in Flood Insurance Premiums
Congress is set to reform the National Flood Insurance Program later this year. We have written before about how the NFIP has needed reform for years — it is $25 billion is debt. One of the suggested ways to fix some of the problems with the NFIP is to make it easier for private insurers […]
Rideshare Insurance: What Uber and Lyft Drivers Should Consider
Those working for popular ridesharing companies such as Uber or Lyft might be putting themselves at considerable risk by only having personal auto insurance. Ridesharing drivers are required to carry auto insurance that conforms with state law and then the company typically provides a secondary liability insurance policy to cover damages sustained as a result of a work-related […]
The Final Tally — $17.2 Billion Estimated in Damages to Natural Resources from the BP Oil Spil
April 20, 2017 marked the 7th anniversary of the tragic BP Oil Spill. That event cost 11 men their lives, seriously injured dozens, and caused billions of dollars in economic damages to businesses along the Gulf Coast. But seven years later, the Gulf of Mexico is still hurting. Scientists at Virginia Tech University recently completed the […]
More Dangerous Than Texting And Driving?
Walking might still be the safest way to travel, but a new report released by the Governors Highway Safety Association shows that the risks have increased significantly. There has been an 11% increase nationwide in the number of pedestrian deaths from 2015 to 2016. This is the highest increase for a single year. Fatalities are […]
Will 180 Days Be Enough?
As we have noted in previous posts, flood insurance policyholders have deadlines they must comply with to ensure full and fair payments from their insurance companies. These deadlines are critical — failure to meet them can result in denial of claims. One of the most critical deadlines is the deadline for the insured to provide […]
Personal Injury Waivers and the “Warrior Dash”
“Warrior Dash” is a well-known race series that hosts extreme obstacle races throughout the United States. People obviously enjoy racing through the various obstacles and the spirit of camaraderie that permeates. That there is inherent risk of some danger is exhilarating. The recent “Warrior Dash” held in St. Francisville, however, exposed racers to an unacceptable risk not envisioned by the […]