Personal Risk Matters

Perspectives on timely and trending topics from our insurance and risk experts.

Blog Listing

Yacht Maintenance and Repairs – Are You Covered While in a Shipyard?

Posted by Barbara Latham Tuesday, January 14, 2020

Yachts are generally brought into the shipyard annually for routine maintenance or repairs. These yard periods take considerable planning, and although insurance is not always the first thing that comes to mind, it’s an important piece of the puzzle. 

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Five Top Trends in the Evolving World of Cybercrime

Tuesday, October 29, 2019

According to the PEW Research Center and FBI data, property crimes, such as burglary, have declined by approximately 50% in the last 25 years. Unfortunately, crime is not declining on all fronts. Cybercrime is on the rise and continues to evolve with new threats making waves and surfacing every year. 

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Yacht Liability Exposures to Consider before Setting Sail on a Charter

Friday, October 18, 2019

Thinking about taking the plunge into the exciting world of yachting? Before diving in headfirst, many people dip their toes into the yacht life by chartering a yacht for a week or two. Whether it’s a winter vacation in the Caribbean or cruising around the Mediterranean for a summer getaway, chartering can be a great way to test the waters of yacht ownership. 

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Growing Old at Home

Posted on Thursday, September 19, 2019

Today, more successful families and individuals are choosing to stay in their homes or age in place; however, many may have not yet considered the need for accessibility modifications to update their home in preparation for the potential effects of aging, disease, or an unexpected injury.

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Summer is Here! It’s Time for Fun in the Sun…and Liability Risks

Posted on Wednesday, July 31, 2019

The season for relaxation, travel, and outdoor activities has arrived, and along with it, an assortment of risks. Let’s take a look at some of the obvious as well as some more unassuming liability exposures to consider.

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National Flood Insurance Program: What You Need to Know in the Event of a Coverage Lapse

Posted on Friday, May 31, 2019

Short-term reauthorizations have been implemented to extend the National Flood Insurance Program (NFIP) however, consulting with your advisor can help you to understand what a potential coverage lapse could mean to your overall flood insurance program. 

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Purchasing a New Home in California – Insurance Considerations

Posted by Robert Pritula Friday, May 24, 2019

Guidelines for insuring homes in California are becoming more stringent, and insurers are becoming increasingly more selective about the homes and areas where they will write business. Here are some points to consider when shopping for your new home.

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2019 Yacht Insurance Market Update

Posted by Howard Brod Wednesday, March 13, 2019

Following years of soft market conditions in the personal yacht insurance segment, we are now in the midst of an unprecedented market correction. Years of overcapacity, underpriced risks, and the impact of back-to-back hurricane seasons has finally taken a toll. 

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Natural Disasters: Understanding the Impact on the Personal Insurance Market and the Insured

Posted by Kimberlee Connell Wednesday, March 13, 2019

Since 2002, the frequency of weather events in the US has doubled. There have been significant increases in both frequency and severity in all categories of weather including winter storms, hail, flooding, wildfires, and other catastrophic (CAT) events.

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Understanding Wildfire Losses and California Insurance Legislation

Posted by David Abbene Tuesday, February 05, 2019

In 2018, the state of California began enacting insurance legislation to support homeowners impacted by wildfire with recovery and rebuilding efforts. If you are a California property owner navigating today’s complex insurance marketplace, understanding the impact of these laws on your existing homeowners policy and future coverage options is important.

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