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The Industry Strikes Back     The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states,

Navigating the Future.  Protecting What Matters Most. At BCU Risk Advisors, we’re dedicated to safeguarding the legacies of succ

FRANKLIN FIRE – MALIBU, CA A fire near Southern California’s downtown Malibu has prompted mandatory evacuations and threatened homes and businesses, including the city’s iconic Malibu Pier. Nearby Pe

FLO NO MO Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The Mayfield, Ohio-based insurer late last week said the decision to d

60 MINUTES Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurr

Flo No Grow Progressive confirmed that, yes, “Texas is one of the states in which we are temporarily restricting new homeowners business…” Progressive also has not answered my question about whether

BCU Blog: The More You Know Understanding the Risks of Wood Roofs: What Insurance Carriers Need you to Know! In this blog post, we'll examine the reasons behind these concerns and what homeowners can

Understanding the Risks of Wood Roofs: What Insurance Carriers Need You to Know By: Danny McGinnis, CAPI, CPRIA

The Power of a Home Inventory Video Imagine this: You’ve spent years building a home filled with ch

GETTING PREPARED Florida's s state-backed insurer of last resort has purchased $3.56 billion in reinsurance cover for this year's potentially devastating hurricane season. READ ARTICLE   TOP OF THE

Flooding isn’t just a coastal issue; it can impact homes anywhere. From heavy rain to unexpected storms, non-coastal regions can experience

(UN)AFFORDABLE HOUSING Homeowners in areas battered by climate disasters are facing dizzying insurance rate increases. But builders of housing for the homeless and other low-income families are also s

Why Should You Care About Personal Liability? First off, personal liability isn't just about having insurance; it's about protecting your assets an

AND TOTO TOO Following a chaotic swarm of twisting storms in its final week, April’s tornado count in the United States climbed to at least 300, the second-highest in the month on record. READ ARTICLE

Navigating the "What Ifs" of Travel with Chubb's Travel 365 Plan Planning a trip is like setting sail on a new adventure, full of excitement and an

RETRENCHING CONTINUES The California homeowners’ insurance crisis reached another critical stage this week when State Farm General Insurance announced that it would not renew policies for 72,000 prope

RETRENCHING A year after recording the largest underwriting loss in the company’s 100-year history, State Farm eclipsed it in 2023.  The underwriting loss figure climbed to $14 billion for 2023, with

  WAG THE DOG Insurers such as State Farm and Allstate are leaving Fire and Flood prone areas.  Home values may begin to take the hit. Explore the latest CNBC insights on homeowners grappling with in

GOOD NEWS, HELP IS ON THE WAY…IN 2026? In September, Gov. Gavin Newsom issued an executive order for “prompt regulatory action” to address the plight of California homeowners facing availability and a

LEADERS OF THE PACK Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers…. READ ART

  DONUTS FOR DOLLARS Washington lawmakers have come together to discuss the growing insurance crisis spurred by climate change-induced natural disasters and the exodus of insurers from high-risk stat

  BRACE FOR IMPACT FEMA releases new flood insurance rates by Zip Code… READ ARTICLEQUESTIONING SOCIETAL BENEFITS Chubb CEO Evan Greenberg said society and the business community need to start asking

  HOW HIGH CAN THEY GO? In December, as state lawmakers returned for their second special session in less than a year to deal with property insurance… READ ARTICLE'HARDEST IN A GENERATION' A combinat

  STATE FARM RECORDS LARGEST LOSS IN COMPANY HISTORY Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss… READ ARTICLEBREAKING P

IntroductionOn March 24, 1986, Time Magazine’s cover article was titled “Sorry, America, Your Insurance Has Been Cancelled.” The article referenced the collapse of the U.S. commercial liability insura

Citizens Insurance company is commonly positioned as offering the “home insurance policy of last resort” in Florida.  Premiums can appear competitive; however, policy benefits are limited and limits a

CHICAGO, Apr. 18, 2022 – BCU Risk Advisors, LLC, an independent insurance consulting and brokerage firm providing ‘Family Office Risk Management Services’ to families and Family Offices throughout the

Stories such as these are likely more common than you think.  According to Jury Verdict Research’s, Current Award Trends in Personal Injury, 54 th Edition (2015), the percentage of personal injury awa

ADVISORS DON'T HAVE TO BE INSURANCE EXPERTS TO PROTECT THEIR CLIENTS FROM THE RISK OF PROPERTY-RELATED LOSSES.Volatility in the stock market is a reminder that thoughtful advisors can help their clien

If you have a credit report, chances are you’re one of the 143 million American consumers whose sensitive personal information was exposed due to the data breach at Equifax. According to Equifax, the

In preparation for Hurricane IRMA’s foretasted arrival in south Florida early Sunday morning, BCU has established a 24 hour Emergency Response Unit for clients affected by the storm. BCU has partnered

Serving on the board as a director or officer for a non-profit organization is often an altruistic action that many of us accept because it feels good to passionately support a cause that we believe i

In follow up to our June update, August finds the Florida homeowners market, both in terms of capacity and pricing, under continued pressure. The top 5 carriers in the state, based upon number of clie

BCU Risk Advisors, the nation’s leading independent insurance consulting boutique for Family Office and Multi-Family Office clients, today announced the hiring of Kerry Shapiro and the opening of its