covers

Mortgage Protection Insurance: What It Covers and When It Makes Sense

Mortgage Protection Insurance: What It Covers and When It Makes Sense

Your home is a major investment, and you can protect that investment with home insurance. But if you pass away and your beneficiaries can’t pay your mortgage, your home could be sold or foreclosed on. Mortgage protection insurance offers you extra reassurance by paying off your mortgage after your death. Some policies also offer riders […]

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Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court

Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court

A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss” does not restrict coverage to cash payments or monetary amounts. The rulings came in a

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Reinsurers push back on lower attachment points and aggregate covers

Joplin, Missouri storm damage (2011)

Insurers are eager to reduce the levels of risk they keep on their own books, but reinsurers remain wary of surrendering…       Related Stories Global marine premiums hit all-time high ID Podcast: Record reinsurance capacity drives market dynamics: Howden’s David Flandro US casualty reserve issues may be easing, brokers say  

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