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:
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?[...]
With so many different types of coverages, it’s easy to get confused. When you’re looking to insure your personal property, the most popular policies are Homeowners (HO3) and Dwelling Fire (DP3). While both provide sufficient coverage for your property, it’s important to know which type of coverage is the best for your home. Not only can the type of policy affect[...]
The holiday season is a time for gathering with family and friends to celebrate in our homes. While we take this time to be with our loved ones, consider these tips this holiday season to minimize risks to reduce homeowners insurance claims.
Food is a great way to bring people together, and putting a meal together is a daily occurrence for some. Many, however, overlook the risk that comes with cooking. Most home fires occur while cooking in the kitchen, which makes cooking the leading cause of fire injuries. Awareness about potential fire hazards and taking simple precautions in the kitchen can go a[...]
In a typical home fire, you may have as little as one to two minutes to escape safely from the time the smoke alarm sounds. That’s why home escape planning is so critical in a fire situation. It ensures that everyone in the household knows how to use that small window of time wisely.