With the arrival of a new season, many homeowners are planning to escape for spring break or are in the process of putting together summer travel plans. However, the nightmare scenario is that the property owner returns home after traveling to find that an appliance leaked and caused thousands of dollars of damage. Insurance carriers […]
Currently, data shows that approximately 13 million Americans are at risk from flooding rivers. However, a recent study completed by the University of Bristol reveals that Americans’ flood risk is far greater than previously thought with approximately 41 million people at risk. Even more alarming, this estimate of 41 million people does not include those […]
The National Flood Insurance Program (NFIP) provides critical flood insurance to more than 5 million property owners across the country that aren’t able to secure a traditional flood insurance policy. The future of this debt-ridden federal program is uncertain, but industry experts anticipate that the program will be extended for an additional 10 years. Changes […]
A number of new players have entered the property and casualty insurance landscape recently, making it more challenging than ever for insurance carriers to maintain customer loyalty. Research reveals that 61 percent of insureds switched providers in 2017, and 77 percent say that they are less loyal to their insurance providers than they were three […]
We’re delighted to announce that Insurance Risk Services will rebrand to Davies in the near future.
