Gov. Jerry Brown of California on Monday signed a bill that protects homeowners whose property may be underinsured. AB 1797 by Assemblyman Marc Levine, D-Marin County, requires companies writing residential property insurance to conduct a replacement cost estimate every other year. The legislation will ensure policyholders are covered with current and timely estimates that reflect… Continue reading CA Gov. Brown Signs Bill To Provide Property Replacement Cost Estimates Every Other Year
Tag: cat losses
Hailstorms Costing Colorado More as State Grows
Despite the rash of storms that have hit the Front Range this summer, Colorado is not being pummeled by more hail than usual. And the size of hailstones that have fallen in the region is not unprecedented, according to weather experts. In a state where the population has shot up by 1.3 million people since… Continue reading Hailstorms Costing Colorado More as State Grows