Insurance for catastrophes—floods, wildfires, windstorms, and more—is failing. As a result, the topic of insurance is once again top of mind as residents, first responders, and lawmakers assess billions of dollars in damage and chart a path forward. Jay Feinman, co-director of the Center for Risk and Responsibility at Rutgers Law School, is contributing to this… continue reading
The Rutgers Center for Risk and Responsibility at Rutgers Law School announces its report, Helping Homeowners Buy Insurance: Rating the States. The report explains what state insurance departments should be doing to provide information to homeowners insurance consumers and ranks every state against those standards. Some key findings:
The annual (at least pre-pandemic) workshop for insurance law scholars convenes this week at Rutgers Law School in Camden. The workshop gives scholars an opportunity to present works-in-progress at all stages, from well-developed papers to rough ideas. It’s always a lively exchange and a rare opportunity for community-building and fellowship among insurance law academics.This year’s… continue reading
After every major disaster, many homeowners are shocked to learn that their homeowners insurance fails to pay for their losses. The same is true in everyday events; a plumbing leak that causes thousands of dollars of damage may not be covered under homeowners insurance. The Rutgers Center for Risk and Responsibility at Rutgers Law aims to change… continue reading
According to a recent survey by Goosehead Insurance, Inc., 41% of policyholders consider getting the best coverage the top priority when shopping for home insurance. But here’s the problem: The survey also reports that 65% of policyholders said they “have no idea what my home insurance fully covers.” Confusion reigns, and harsh consequences follow. According… continue reading
