by The Egis Group | Sep 20, 2019 | Insurance Information
When insurance companies calculate the amount they will pay out for a loss, they typically choose between the replacement cost or the actual cash value. The replacement cost tends to be more favorable to the client since it guarantees the insured a payout equivalent...
by The Egis Group | Sep 3, 2019 | Insurance Information
Over 6 years ago Super Storm Sandy hit along the East Coast of the US causing damages totaling over $70 billion. The storm was also responsible for killing more than 280 people. Major US cities experienced flooding, structural damage, and power outages which they were...
by The Egis Group | Aug 8, 2019 | Insurance Information
Apple has recalled a series of MacBook Pro laptops due to batteries that have posed a fire risk. Fifteen-inch MacBook Pros sold between September 2015 and February 2017 were recalled this June. The U.S. Federal Aviation Administration issued a statement saying they...
by The Egis Group | Nov 26, 2018 | Insurance Information
Catastrophe modeler RMS has estimated costs from both the Camp and Woolsey wildfires in California. The Camp wildfire shows $7.5 billion to $10 billion in damages while the Woolsey Fire is estimated between $1.5 billion to $3 billion. This brings the total of both...
by The Egis Group | Nov 12, 2018 | Insurance Information
Twenty thousand Google workers protested the company’s sexual harassment policies by walking off the job last week. The walk-off was propelled by a New York Times piece which brought to light a $90 million exit package given to an executive by Google after a sexual...
