The Russell Agency, LLC Blog
All You Ever Wanted to Know About Insurance
The Dangers of Drunk Driving
Wednesday, April 29, 2020
In 2017, nearly 11,000 people in the United States died in motor vehicle crashes involving an alcohol-impaired driver. The annual cost of alcohol-related crashes totals more than $44 billion. What can I do to help...
Windstorm Reminder
Tuesday, April 28, 2020
June 1 – Nov. 30 is hurricane season. And although the Northeast may not be quite the hurricane mecca that the Gulf coast is, hurricanes and windstorms are still a real threat to homeowners along the eastern seaboard. A...
What’s the requirement for companies to provide loss runs on request?
Friday, April 24, 2020
It applies to all commercial-lines policies. C.G.S. Section 38a-326 provides that insurers shall provide, upon request of the principal named insured, a summary of policy claim information for a period of up to four...
What is the Appropriate Coverage A Limit for a Connecticut Condo Policy?
Wednesday, April 22, 2020
In order to write a policy with the appropriate Coverage A limit, you must know what the association and unit owners are responsible for insuring. Most Connecticut associations are following the statutory default, which...
US Senate Passes More Funding for CARES Act Small Business Programs
Tuesday, April 21, 2020
Today, by voice vote, the U.S. Senate passed legislation to provide over $300 billion more for the Paycheck Protection Program (PPP), which was created by the CARES Act. Last week, PIA National worked with a broad cross-...
Above Normal Hurricane Season Projected
Monday, April 20, 2020
An atmospheric scientist at Colorado State University, Dr. Phil Klotzbach, has issued an early forecast of 16 named storms, eight hurricanes and four major hurricanes for the year 2020. He predicts an above average...
Coronavirus Update
Saturday, April 18, 2020
The Centers for Disease Control and Prevention (CDC) is responding to an outbreak of respiratory disease caused by a novel (new) coronavirus that was first detected in China and which has now been detected in many...
Attention Builders: New Freeboard Requirement Effective January 2021
Friday, April 10, 2020
The objective of the Community Rating System (CRS) is to recognize communities that are doing more than meeting the minimum NFIP requirements to help their citizens prevent or reduce flood losses. The CRS also provides...
Connecticut Insurance Commissioner calls on insurers to adjust premiums
Thursday, April 9, 2020
Connecticut Insurance Department Commissioner Andrew N. Mais called on insurers to lower auto premiums and adjust commercial hired and non-owned auto insurance in response to the disruption that the COVID-19 pandemic...
When a Bicycle Hits a Car, What Insurance pays?
Wednesday, April 8, 2020
If your car was hit and damaged by a bicyclist to which policy-household auto or homeowners-should you look to recover for the damage caused by the bicyclist’s negligence? The bicyclist’s homeowners policy. The personal...