CIS - Collectibles Insurance Services experiences?

[parkplace33]

Originally Posted by hcv123

Holy crap it jumped big time. I suspect we are all paying for the Dallas theft. Theft in general as has been highlighted on this board and elsewhere has risen significantly at shows and through shipping.

Has anyone been able to corroborate that (the payout from the Dallas theft)?

[Lorewalker]

Originally Posted by parkplace33

Has anyone been able to corroborate that (the payout from the Dallas theft)?

Unless the OP has info that the rest of us are not aware of, ya might want to take that with a grain of salt. Collectible Insurance Services is owned by Global Indemnity Group, which is a publicly traded company and they appear to be well capitalized.

With regard to the Dallas theft, do we even know that they were the ones who insured the dealer who was stolen from and if so did they pay they even pay the claim? I forget what the value was of the theft maybe around 2 million but I cannot imagine how that was result in their raising rates by 25% for one event.