NAAFA is now selling HEALTH INSURANCE. We’re starting with the State of Minnesota with plans to extend beyond. We will market to individuals or groups, under 65 as well as over 65. Our Expert Healthcare Agent will give you all the quick and accurate information you’ll ever need to cover you, your family, and perhaps your staff. Email the agent now at NAAFAwest@comcast.net. Read message #142.
New update as of 7/22/2024! -- Message #142 --Global IT Crash, The New NAAFA.com, Health Insurance, and More! Follow the link and sign in with your member password. Please honor the confidentiality of this information. These messages are for dues paying members. Thank you for your support.
NAAFA, Inc. (National Association of America’s Finest Agents) is a professional organization established to promote education and communication for and between both active and non-active American Family Insurance Agents. NAAFA is the vehicle whereby agents can express their opinions openly and without judgement. Our desire is to be a vital active group who is interested in sharing experiences, knowledge, and recommendations with other agents, always encouraging, listening, and growing in ways that not only profit the agents, but their business and customers as well.
How California’s Homeowners Insurance Crisis is Affecting Brokers Don’t miss the section on “Brokers.” Can you imagine proposing a $2M deductible on a wildfire claim for a homeowner? Allstate stopped selling HO policies in California in 2022. State Farm, largest CA insurer, recently requested a 30% HO rate increase, a 52% renters increase, and a 36% increase for condo coverage. Is this a foreshadow for what might be coming in the states AmFam insures in?? 7/23/2024
Court Hands Down Decision in State Farm Homeowner’s Fire Insurance Claim Case: Has subrogation gone out the window?? Fire at my neighbor’s house catches my house on fire and I can’t subro? Wow! You’ll want to read this article. Suing because the deductible severity was not explained seems stupid when the issue is ‘a subrogation issue.’ Oh, oh! State Farm wouldn’t subro and court let them get by with it. 7/18/24
AmFam Underwriting Loss Worsens to $1.7B in 2023: Although losses continue to climb, AmFam officials try to assure us that things are OK with the company. Based on what other insurance companies are reporting, escalating losses seem to be the trend. Are we to worry? You decide. 3/19/24
READ MORE AGENCY/COMPANY ISSUES
SEE 2024 Spring NAAFA Report NOW
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