additional living expenses News

California Says Fire Evacuees May Be Eligible for Reimbursement from Insurer

California residents who have been ordered to evacuate due to the hundreds of wildfires burning across the state my be able to recoup their evacuation costs from their insurance company, the California Department of Insurance says. Thousands of California residents …

26 Insurers Extend Time for 2017 California Wildfire Victims for Living Expenses

Twenty-six insurers have agreed to extend the time limits for 2017 wildfire survivors to access additional living expense benefits. The companies represent a majority of the total losses from the devastating 2017 wildfires that struck Santa Rosa and other parts …

Does ALE Coverage Include Cost to Evacuate?

Since the first forecasts showed Hurricane Harvey approaching Texas to the impact of Hurricane Irma in the Florida Keys, millions of people were ordered, recommended and asked to evacuate their homes. That gave rise to one question over and over. …

Top 5 Issues in Often-Misunderstood Business Interruption Insurance

The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts detailed the top five issues related …

Business Groups Back Expanding Federal Flood Insurance Options

Expanding a federal program that is already $17 billion in debt might seem like a non-starter of an idea on budget-sensitive Capitol Hill these days. However the idea is included in a Republican-drafted reform of the National Flood Insurance Program …