Of all the states in our country, Florida has the second highest foreclosure rate. Property and casualty insurance carriers have taken a hit from the influx of foreclosures over the past few years because these properties often sit vacant for an extended period of time, increasing insurance risk. While the real estate market in Florida […]
Many homeowners in Florida are experiencing hikes in homeowner’s insurance rates. In this scenario, hurricanes are not the primary driver of rate increases. Instead, contractors in Florida are responsible for increasing the cost of insurance by unnecessarily driving up repair costs. How are individuals and firms in Florida driving up insurance claims?We’ve talked about the […]
When it comes to property and casualty insurance, research reveals that many consumers have misconceptions about coverage and ways to protect their property. According to the I.I.I. Consumer Survey conducted in May of 2016, several property owners have gaps in their knowledge of their coverage. Here are some interesting findings revealed in this consumer survey […]
Between Amazon’s Alexa and Google Home, it’s hard to miss all of the hype about voice technology. While these devices have primarily been used to play music, get news updates, and control smart appliances, insurance carriers are now finding ways to tap into this popular trend and earn new business. Insurance carriers are establishing partnerships […]
We’re delighted to announce that Insurance Risk Services will rebrand to Davies in the near future.
