If a disaster strikes and your home is damaged or destroyed, do you know what it would cost to restore your home to the condition it was in before the disaster? Let’s discuss the replacement cost of your home – what it is and what’s included – and how this is different from the market value.
While replacement cost and market value are both ways to determine the value of your home, they are used for different reasons.
Replacement cost is the price to rebuild your home to its pre-loss condition in the event of a total loss.
Market value is the calculated price of your home if you...
What the Tesla Cybercab Means for the Future of Autonomous Vehicles
Tesla recently unveiled its new robotaxi, the Cybercab, at the Warner Bros Studios in Burbank, California. With a design that throws traditional driving controls like pedals and a steering wheel out the window, the futuristic two-seater was showcased by CEO Elon Musk as a vision of the next phase in Tesla’s strategy. Yet, despite Musk’s enthusiasm, the initial investor response could have been better, with Tesla shares falling by over 8% after the announcement. It reads as a lack of confidence in the ambitious timeline, the projected price of the Cybercab, and broader concerns about Tesla’s...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
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In a 6-3 decision today, the U.S. Supreme Court has blocked the enforcement of OSHA’s emergency temporary standard (ETS) related to COVID-19...
Earlier this year, White Mountains committed up to $30 million in capital for a Bermuda-based collateralized reinsurance structure that provides sidecar-like support to its...
This article highlights the ideal strategies that can help insurance agents leverage websites, directories like Agency Height, and various social media platforms to...
You will receive a detailed breakdown of pricing and compensation each time a healthcare provider bills your health insurance company for services rendered. This is an explanation of benefits, and it is very commonly confused with a medical bill....
Carbon monoxide (CO) is a colorless, odorless, and tasteless gas produced when any carbon-based substance is burned to create heat or energy. If inhaled in small quantities, carbon monoxide causes dizziness, weakness, headaches, vomiting, and chest pain. When inhaled...
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The Fourth Industrial Revolution may be a watershed moment in human history, eclipsing the transformative power of its predecessors through the fusion of physical,...
Understanding
health insurance and finding the right coverage isn’t always easy. There is a lot to comprehend, and often, accessing important and practical information...
The Hurricane season in 2024 has been extremely wrathful and led to tragic loss of human lives and caused havoc in states like Florida, North Carolina, and Georgia. According to science.org, the recent hurricanes Helene and Milton have caused...
If you’ve recently purchased a car and are wondering why you haven’t received the title yet, you’re not alone. For many first-time car buyers, this can be a bit of a surprise, but in many states, the buyer does...
Kalau mendengar kata keripik singkong, mungkin yang terlintas di benak kamu adalah camilan klasik yang di goreng biasa. Tapi, siapa sangka keripik singkong...
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A recently filed lawsuit against Johnson and Johnson (J&J) alleges that the company breached its fiduciary duties under ERISA by mismanaging its prescription drug benefits plan and failing to act prudently in several areas. Prudence focuses on...
Virtual home inspections, necessary during the pandemic, remain popular because of convenience.
When you buy home insurance, the amount of coverage you purchase should be the amount that it would cost to rebuild...
Be proactive about preparing for the danger of wildfires.
Even if you’ve taken precautions to make your home or business resistant to wildfire, take time each year to review your preparations.
Let’s discuss the why,...
Whether you’re planning an international vacation or taking the kids to see their grandparents, here’s how to book the best possible tripby Nicole Dieker October 30, 2023 | Money
The holidays are nearly upon us, which means it might...
(From left to right: Michael F. Thomas, Executive Vice President, Glenn Insurance; Susan Sykes, Senior Commercial Lines Underwriter, Glenn Insurance; Tim Glenn, President, Glenn Insurance; Claudia Ratzlaff, CEO, Avanzar; Cheryl Tamasitis, Associate Vice President, Nationwide; and Ross Setlow, Territory...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
Last Updated on November 19, 2021 by adminBoshers has donated its £3,750 grant from Ecclesiastical Insurance to The 2 Minute Foundation. The funding will help achieve their aims to see a world without plastic litter and pollution and to...
Hurricanes can be among nature’s most destructive events.
Atlantic hurricane season runs from June 1 to November 30, though storms can take place outside of those dates. Take steps to minimize damage and speed...
You don’t need to be a millionaire to leave a meaningful legacy to your loved ones. Here, how to begin thinking of your legacy, and how to begin building it now, in both monetary and value-based waysby Anna Davies...
Last Updated on July 4, 2024 by adminBoshers Insurance is headed by Jason Jackson, who has worked in the insurance industry for 36 years. Jason is an avid history fan and enjoys travelling both abroad and within the UK....
Last Updated on July 31, 2024 by adminDid you know that Boshers Insurance do more than provide high-quality insurance for Holiday Home owners? We also support The 2 Minute Foundation, a charity whose vision is to clean up the...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
As an employer, you are responsible for providing your employees with a comprehensive benefits package that includes healthcare, retirement plans, and even legal assistance. However, most employers need to pay more attention to the importance of consumer protection assistance...
Nothing says fall fun like a few hours at the stadium of your favorite sports team enjoying a pre-game tailgate party. It’s a tradition as old as football itself and one that’s grown in popularity over the years. Following...
This past week has been marked by significant developments in the United States, highlighted by President Donald Trump's conclusive electoral triumph, along with a policy adjustment from the Federal Reserve, which elected to reduce the overnight interest rates by...
If you’re a small business owner looking for commercial property insurance, here’s what you need to know at a glance:Protection: Safeguards your business’s physical assets, like buildings and equipment, against risks such as fire, theft, and natural disasters.Importance: Without...
What is Old National Bank?
Old National Bank, formally known as Old National Bancorp, is headquartered in Evansville, Indiana. Established in 1834 and initially...
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Growing older is inevitable, and the time may come when you need assistance with basic needs and help with tasks such as getting dressed or going to the doctor. If you don't want to be a burden on your...
Finding
health insurance for your small business can be a daunting task, but Covered California for Small Business (CCSB) offers a solution that is flexible, cost-effective, and easy to manage. This state-sponsored service provides high-quality health and dental coverage...
Greenlight Capital Re Ltd. (Greenlight Re), the reinsurance firm headquartered in the Cayman Islands and affiliated with investment manager David Einhorn, is working to develop third-party capital partners and exploring opportunities to work with ILS investors.At an investor day...
International insurer and reinsurer MS Amlin has now launched the capital raise for the 2025 edition of its Phoenix reinsurance sidecar, and with the vehicle’s performance consistently beating expectations, investor interest is high, according to William Ho, CEO of...
If there was ever a time to let necessity drive the business, it’s now. The future won’t be captivated by yesterday’s achievements, and tomorrow’s plans won’t come to fruition without an insurance business model that understands there are different...
General liability insurance cost is a key consideration for every business owner in Florida, balancing the need for protection with the necessity of managing expenses. Typically, costs can vary widely based on a number of factors, but for a...
