Archive for the ‘Non Standard Insurance’ Category
Get Delos Here
April 11, 2025Delos, Delos, Get Delos in California Here! Delos is a nonadmitted homeowners insurance property insurance solution for residents of the great state of California. Delos is a Managing General Agency that has partnered with Homesite Insurance Company to offer up property insurance policies. Delos uses an “industry-leading model, based on proprietary data and cutting-edge AI, […]
Got Insurance Problems – We Got Solutions
February 24, 2025The crazy California Insurance market Crisis is leaving hundreds of thousands of consumers left with few good home insurance options. The High Premiums and Low Coverages are a Real California Challenge, that is the bad news. The Good News is that Marindependent has insurance solutions. Confused by what to do when you receive that renewal? […]
The Orinda Insurance Crisis
April 19, 2024State Farm Nonrenewals appear to be hitting the small town of Orinda the hardest in all of Northern California. In may in fact be the hardest hit in the entire state. In 2024 State Farm announced that it would non renew over 1,500 policies in the small east bay town. This represents over 50% of […]
Zesty AI and the California FAIR Plan
October 14, 2023This just in – the California FAIR plan is to partner with Zesty AI. This announcements has come through multiple methods including an email sent out to California FAIR Brokers. The Zesty AI program will be used for the purposes of underwriting and premium determination. In this short article we will discuss the little we […]
Did the Economist Magazine Just Call Out the California DOI?
July 17, 2023A fascinating, challenging article in the most recent Economist Magazine, dated July 13th 2023 – titled Why people struggle to understand climate risk – may have challenged the thinking of the California Department of Insurance and its Commissioner – Ricardo Lara. The article, which is in part based on Climate Change, Risk Management, and Risk […]
The FAIR Clearinghouse Progam
May 27, 2022What is the FAIR Clearinghouse Program? When did Clearinghouse Start? Who participates in the Clearninghouse program for FAIR? How Does FAIR Clearninghouse Work? What is the FAIR Clearinghouse Program? The California FAIR Insurance program is required by Insurance Code 10095(i) “to develop…a clearninghouse program.” This program is for admitted insurers to “offer homeowners insurance policies […]
Rutgers Law and United Policy Holders Team Up to Help you the Consumers
May 20, 2022United Policy Holders and Rutgers Law School have announced a partnership to work on the “Essentials Protections.” The “The Essential Protections for Policyholders Project is a two-year project that focuses much of its research on consumers that file ordinary claims, examining what they are surprised or disappointed by and how some of the best states are […]
the Turbulent Local Insurance Market
April 29, 2022Got a Headache? So do We. Welcome to California’s Turbulent Local Insurance Marketplace. A new client that I was speaking with just the other day, asked me what I meant in regards to the turbulent local insurance market in California. I was a bit surprised by the question. Doesn’t everyone know how hard it is […]
LLoyd’s
April 14, 2022Lloyds of London is technically not an insurance company, rather it is an Insurance Marketplace. It is a place of business and a set of methods that allow 80 or so syndicates to bid and provide insurance contracts typically on risks that many domestic, foreign,and admitted insurers refuse to offer. Lloyds is NOT your standard […]
The Firewise Discount with FAIR
January 18, 2022Does the FAIR plan offer discounts for Firewise Communities? Do other insurers offer Firewise discounts? What is Firewise relative to a Propery Insurer? The FAIR Firewise Discount: Yes, the FAIR plan now offers a discount to firewise community, assuming they are informed and pass through underwriting properly. Various sources state that the discount could be […]
The WILDFIRE RESILIENCE Project
September 27, 2021“wildfire risk in California and throughout the western United States is becoming uninsurable “ ” 2.7 million Californians living in very high wildfire hazard severity zones“ “insurance will be either increasingly [be] unaffordable, or unobtainable.” In some specific areas Calfornia is seeing a “203% increase in non-renewals” A terrific new wildfire project was undertaken by […]
California FAIR and DIC Insurance
September 20, 2019What is the California FAIR plan? The California FAIR plan is a bare bones fire insurance policy. It is an exceptionally limited named perild policy. According to the California Department of Insurance it “should only be considered after a diligent search for coverage in the traditional insurance market. ” “The FAIR Plan is an association […]
