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​As I write this, Tropical Storm Henri​ is aiming at Long Island. With more than three months left in the traditional hurricane season, this seems like a good time to bring up the subject of flood insurance.The Insurance Information Institute has two good pieces that you can use to educate your clients (and yourselves, if you don't feel like you're up to speed on flood coverage):In case of a flood​Facts about flood insuranceThese can be useful for raising your clients' awareness of the threat posed by flood waters and the lack of coverage under personal and commercial property policies.We also have links to a number…

​Several years ago, the National Association of Insurance Commissioners (NAIC) made insurer form, rate and rule filings accessible to the public online. The records go back only to 2010, but they are a treasure trove of information. Want a copy of a specific carrier's Businessowners Policy form or additional insured endorsements? With a little digging, you should be able to find them.Click the image below for a slideshow tutorial in PDF format on how to use this valuable tool. ​ ​SERFF-tutorial.pdfSource

​​The question comes into the Geek CaveTM often enough that I thought it would be worth posting a reminder here. In New York and Connecticut, the law prohibits lenders from requiring home mortgage borrowers to buy dwelling insurance limits that are greater than the home's replacement cost. Your Resident Insurance GeekTM has not had to answer this question since ... yesterday.​Here is chapter and verse. First, New York Banking Regulations  Section 38.9 states:No mortgage banker or exempt organization shall require any mortgagor, in connection with the granting of a mortgage loan, to obtain a hazard insurance policy in excess of the replacement cost of the improvements…