Author Archives: Jim Gavin, Insurance Information Specialist

Ask Regina

Q. My customer owns acreage that is leased to another party for cattle grazing. There are no man-made structures on the property. Is this covered by the homeowners policy? A. The definition of an “insured location” includes “vacant land other … Continue reading

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Ask Regina

Q. Does an insurance company owe diminished value when settling a claim?   A. This issue was addressed in a Commissioner’s Bulletin in April 2000. It says: “The position of the Department is that an insurer is not obligated to … Continue reading

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Why is My Homeowners Insurance So Expensive?

Why is My Homeowners Insurance So Expensive? It’s a question we hear often from customers particularly when mortgage statements are received and the dreaded increase in the monthly payment becomes a reality. A recent report by Insurify based upon 2016 … Continue reading

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All Contracts are Not Alike

A member recently brought to our attention the importance of reviewing contracts with companies, brokers and others. He found that a particular contract placed ownership of the business with the broker, not the agent. The ownership of expirations is a … Continue reading

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TDI Licensing Update

IIAT recently met with TDI to discuss a number of topics including the licensing process. The good news is that the Department has recovered from the flood of applications and backlog resulting from Hurricane Harvey. TDI has stabilized processing times … Continue reading

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The 20 Percent Claim Solution

Texas has had a proportionate responsibility law for some time. The purpose is to prevent someone from recovering the amount that their own negligence contributed to a claim. This is codified in the Civil Practices and Remedies code which requires … Continue reading

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Why So Much? 

Homeowners customers occasionally ask how much insurance they need for their home. More often they ask why the amount of insurance is so high. How should you answer? Check the Client Communications section of InfoCentral for the answer.  

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Announcing IIAT’s New Commercial Lines Quick Start Program: Convenient and Cost-Effective Commercial Lines Training

IIAT is excited to launch the Commercial Lines Quick Start Program. The new training program consists of two segments, three days each, but can also be taken as stand-alone segments. The program is designed with the new commercial producer in … Continue reading

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November CE Webcasts: Workers Comp Non-Subscribers & Overlooked Homeowners Endorsements

Register for the next IIAT InfoCentral CE webcasts.  Each hour-long webcast costs $25 and is approved for 1 CE credit. Non-Subscribers in Texas Thurs., Nov. 17| 10-11 a.m. Your customers don’t have to purchase Workers Compensation, but that doesn’t relieve … Continue reading

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Certificates of Insurance & PL Claims Issues Addressed in Next InfoCentral CE Webcasts

Register for the next IIAT InfoCentral CE webcasts  Each hour-long webcast costs $25 and is approved for 1 CE credit. Best Practices for Certificates of Insurance | $25 Members | 1 CE Credit Thurs., May 19 | 10-11 a.m. Certificates … Continue reading

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