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New insurance regulations could help with underinsurance

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Written by George Kehrer
Monday, 11 July 2011 08:12

Important new insurance regulations were approved and effective, June 27, 2011, that, if they survive an appeal from the insurance industry, can help all homeowners from the threat of underinsurance after a catastrophic loss. Since 99 out of 100 fires are not natural disaster (wildfire) fires, these regulations should go a long way to help individual families who have had significant fire damage losses as well as those who lose their home during a disaster.

To see the new insurance regulations, visit:
http://www.insurance.ca.gov/0400-news/0100-press-releases/2011/upload/nr087NEWHOregs1.pdf

To see what a major insurance company litigation firm has to say about the new laws, visit:
http://www.insurancelitigationregulatorylaw.com/tags/everett-v-state-farm-general-i/

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