Lawmakers passed a bill to stop insurers from considering ESG criteria in setting rates
So-called environmental, social and governance policies are often adopted by companies to reduce their carbon footprints. The new Texas bill aims to stop insurers doing business in Texas from using ESG criteria, but it doesnโt include penalties for violations.
Busted pipes lead to flood of insurance claims
SAN ANTONIO โ With the big thaw barely underway after days of wintry weather conditions, homeowners are flooding their insurance companies with claims. The Insurance Council of Texas expects hundreds of thousands of claims to be filed with losses in the billions. Most of those claims were for frozen and busted pipes. โThe homeownerโs policy does cover ensuing damage and most of the time covers frozen pipes in these situations where pipes burst,โ said Elizabeth Gulick, vice president of Catastrophe Experience and Shared Claims Operations. โReally assess what youโre hearing, what youโre seeing.โAdAs the frozen pipes begin to thaw, she says itโs critical to know where to find the main water cutoff valve.
Hereโs what to do if your home, vehicle sustained damage due to winter weather
SAN ANTONIO โ Icy roads, and power and water outages are on the minds of many in San Antonio amid the winter weather event that has resulted in ice and even snow. San Antonio-based USAA says residents should also be aware of what to do when they experience damage to their homes or vehicles. AdUSAA has released some tips on dealing with home or vehicle damage due to the winter weather. USAA members can file a claim at USAA.com/helpAccording to USAA, if there is only damage to your auto glass, file an auto glass claim. If there is damage to more than just your auto glass, file an auto claim.
What you need to know when shopping for pet insurance
Hereโs what you need to know when shopping for pet insurance. But unlike human health insurance, pet health insurance typically only covers accidents, illnesses, and other unusual health events. You can buy health insurance for your pet at any age, but just like human health insurance, itโs going to be less expensive the younger the animal. Pet insurance policies can range from $200 to $800, depending on your deductible, age, and breed of your pet. You can compare different pet insurance policies at www.petinsurancereview.comSources: https://www.veterinarypracticenews.com/americans-spent-billion-veterinary-care-2018/#:~:text=According%20to%20the%20associationโs%20annual,percent%20over%20last%20yearโs%20figuresContributor(s) to this news report include: Milvionne Chery, Producer; Bob Walko, Videographer and Editor.
USAA giving back another $270 million to auto insurance holders, totaling more than $1B
SAN ANTONIO โ San Antonio-based USAA on Tuesday announced that it will return an extra $270 million in dividends to auto insurance policyholders. The dividends will be given to members as a 10% credit for two monthsโ worth of premiums, the insurance company stated. It will be provided to all auto insurance members with policies in effect in June and July. In April and May, USAA returned $800 million to members as a 20% credit on three monthsโ worth of premiums. As these patterns unfold, we are adjusting our auto insurance rates.โRead also:
After the hail storm comes the deluge of insurance claims
SAN ANTONIO โ It was a messy morning on Thursday after a noisy night. โIt was loud, really loud,โ said Bill Centeno, whose Churchill Estate home took a pounding. โWe thought the windows were going to break.โโLooks like snow:โ Twitter users share videos of hail storm in San Antonio and KerrvilleThe windows held, but three towering trees fell like dominoes. โWe can do it all online through photos and digitally.โFor roof claims, USAA resorts to high-flying technology. โBe wary of anyone who asks for large sums of money upfront.โHistoric sculptured bench near San Antonio Zoo damaged in hail stormAs for the Centenos, they are glad that the storm damage wasnโt worse.
Hail of a storm! 7 things to know if you were affected by hail
SAN ANTONIO โ Hail rained down on parts of San Antonio, the Hill Country and South Texas over the last few stormy nights. Photos: Hail pelts San Antonio as severe storms pass through cityWhile the threat continues for more storms this week we may be having to call our insurance companies to access the damage. Work with your insurance company; call the Better Business Bureau or your local municipality for information on reputable contractors. Fraud can be prevalent following a hail storm. Insurance companies will send adjusters to inspect damage claims following hail storms.