Insurance Law

Recent Posts

Why Insurance is Expensive – Statutes to Protect Consumers Not Intended to Allow Insureds to Profit
Posted on 6 Aug 2015 by Barry Zalma

States, like Pennsylvania, have enacted statutes to protect consumers from insurers who cancel insurance without proper reason and after a policy has been in effect for more than 60 days. These statutes are intended to protect the consumer not give an... Read More

Mortgagee Not Required to Buy Liability Insurance for Borrower
Posted on 14 Apr 2015 by Barry Zalma

Insurance companies only sell the insurance requested by the insured not the insurance that the insured should have purchased. Mortgagees, who require insurance on the property that was security for a loan require that the mortgagor purchase hazard insurance... Read More