Timely Topics

Confirmation Through Scientific Data Climate change is here to stay, and with it, more frequent and intense storms and other weather events, like wildfires. The subsequent rise in sea levels is also leaving more areas vulnerable to storms and floods that were not areas of concern in the recent past. A recent report by FEMA…

If you’ve shopped for a vehicle recently, you have undoubtedly experienced sticker shock. That’s because the price for new cars and trucks rose by 11.4 percent between June 2021 and June 2022, while the used car and truck market saw a 7.1 percent increase. In a scenario not seen in decades in the auto industry,…

On August 5, Governor Murphy signed a law raising the minimum liability, property damage, uninsured motorist, and underinsured motorist coverage limits for personal auto policies. The new law applies to all standard auto policies. The current minimum coverage for a standard auto policy is $15,000 per person for bodily injury coverage, $30,000 per accident for…

On August 5, Governor Murphy signed into law a new regulation requiring all New Jersey business owners to maintain no less than $500,000 in liability coverage. Landlords will be required to maintain minimum liability coverage of $300,000 for properties with four or fewer units, while properties with five or more units will be required to…

Supply chain disruptions, high production costs and pent-up demand for services due to the pandemic have led to the highest level of inflation in decades. Government stimulus programs and the rebounding labor market caused by the pandemic have also contributed. But according too many economists, that should ease as pandemic recovery progresses.  However, the current…

Due to U.S. Postal Service changes instituted in October of 2021, the pandemic, and other factors, Americans are facing frustrating postal delays. These delays are causing important correspondence, including payments that are subject to service cancellations, to be delayed for excessive periods of time. The unfortunate result is that you should no longer depend on…

How do insurance companies define a flood? Is all water or moisture damage covered by flood insurance, or does there have to be an actual flood? A flood is defined by the NFIP (National Flood Insurance Program) as “a general and temporary condition where two or more acres of normally dry land OR two or…