Insurance companies in coastal states, such as the Carolinas and Florida, are most often rated by the rating agencies, Demotech and A.M. Best. If you were to listen to both agencies, chances are they would both say they’re better than the other. Each agency uses their own financial strength yardstick for evaluating insurers, but which one has the best record?

Over 300 years ago in 1686, some of the first documented product development was put into practice in Lloyd’s Coffee House in London.  From this common meeting place for sailors, merchants and shipowners, Lloyd’s of London has grown into the insurance market we know today. Back then, the simple written “marine product” provided much needed protection for valuable[...]

When you suffer damage to your home, your priority should be to ensure your and your family’s safety.  After you’ve done this, your next step should entail contacting your insurance provider to report any loss or damage. At this time, your provider will begin the claims process by filing a claim and providing you with the claim number. During this initial[...]

Insurance companies manage their risk in many ways. Risk Management can be accomplished by targeting certain regions or types of product offerings, introducing more conservative underwriting guidelines or individual risk evaluation, and by having others share in the risk for a fee. This risk/reward metric is used to stabilize growth, smooth financial results and[...]

If your home has suffered water damage, it is important to stop the source of water intrusion and remove the moisture as soon as possible to prevent any additional damage.  All water damage restoration jobs are unique, and a professional mitigation contractor can assist you in determining the work that is required to protect your home from continuing damage and[...]

FOR IMMEDIATE RELEASE

AUSTIN, TX. (May 3, 2019) - Lighthouse Property Insurance Corporation has officially acquired Excalibur National Insurance Company in Louisiana. “This acquisition reaffirms Lighthouse’s commitment to the Louisiana market, where we have served independent agents and policyholders for the past 11 years,” says Patrick White, Chief Executive[...]

It’s been just over four years since I joined the Lighthouse team. During that time, we have experienced significant growth at the enterprise. From a business perspective, we have:

As we enter Spring, we can look forward to warmer weather, allergies, and increased home selling and buying.  In the worlds of finance officers and accountants, putting the finishing touches on 2018 year-end financials and wrapping up audits, are keeping us busy.  Before we say goodbye to 2018, let’s look at Lighthouse’s 2018 financial year.

With today’s advances in technology and innovation, we have the power to easily use less energy and make a difference in our environment. Sometimes the steps to make your home energy efficient can seem expensive and time-consuming, but there are small modifications you can make every day to save on your electric bill.

We’ve all done it. Made a list of all the things we’d like to change about ourselves in the New Year, but didn’t stick to it. We start off optimistic, but slowly the steam behind our motivation slows down and we fall back into our old habits, and promise ourselves that next year we will be better. But there must be a way to keep the promises to yourself, right?[...]